Transaction Banking - London - Vice President - Product Management
Transaction Banking - London - Vice President - Product Management

Transaction Banking - London - Vice President - Product Management

London Full-Time 72000 - 108000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the design and management of innovative liquidity solutions for clients.
  • Company: Goldman Sachs is a global leader in investment banking and financial services, with a rich 150-year history.
  • Benefits: Enjoy diverse training opportunities, wellness programs, and a commitment to diversity and inclusion.
  • Why this job: Join a dynamic team shaping the future of transaction banking with cutting-edge technology.
  • Qualifications: 7+ years in liquidity product management; strong communication and collaboration skills required.
  • Other info: Opportunity to work in a fast-paced environment with a focus on innovation and client success.

The predicted salary is between 72000 - 108000 Β£ per year.

TRANSACTION BANKING (TxB)
We aim to build a modern and digital-first transaction banking solution to serve our clients. Our business combines the strength, heritage, and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-up. Our goal is to provide a best-in-class digital product that helps clients to succeed by giving them a holistic view of their business. Through the use of modern technology built on the cloud, we are the alternative to legacy platforms. We\’re a team of diverse experts helping our clients to build the future of their Treasury.
RESPONSIBILITIES AND QUALIFICATIONS
The Liquidity Solutions Product Manager role is responsible for defining, implementing and managing the Liquidity Solutions product set and strategy. They will own the full lifecycle of the product, including design, execution commercialization and portfolio management. They will partner closely with technology leads to define and create new products and features, document requirements for design and engineering partners, and collaborate with Sales on a go-to-market plan that aligns with business goals. They will also work closely with Operations and the Federation (Risk, Compliance, Controllers etc) to monitor the performance of the products and to measure and manage the risk. The role is heavily focussed on new product development, feature enhancement and risk mitigation. Finally, as a product and industry expert, the role supports Sales in training, preparation of thought leadership pieces, preparation of client materials and by accompanying them on complex pitches.
The Team
The Liquidity Solutions product team is responsible for developing innovative cash management solutions including cash concentration, virtual accounts, and notional pooling. We are thought leaders, bringing new ideas and insights to clients to help them achieve a leaner, smarter treasury.
Core Responsibilities:

  • Product and feature design
  • Documentation of clear user stories and acceptance criteria to collaborate, direct, and inform Design and Technology resources
  • Partnership with Engineering on product development
  • Product commercialization including go-to-market strategy
  • Preparation and maintenance of product guides and training
  • Sales and Operations training
  • Preparation and maintenance of marketing materials
  • Product performance monitoring and management
  • Risk identification and management
  • Design of solutions to meet client needs
  • Attendance at client meetings and pitches
  • Acting as subject matter expert in liquidity products and cash management solutions
  • Understanding the current liquidity products industry landscape, including current trends

Preferred Qualifications:

  • Bachelor\’s Degree or military experience
  • At least 7 years\’ experience in Liquidity Product Management or a related role
  • Experience in designing, building and rolling out new liquidity products and owning the process from start to finish
  • Knowledge of regulatory landscape related to Liquidity
  • Understanding of risks and mitigants related to Liquidity products and solutions
  • Extremely strong presentation and communication skills,
  • Team player with ability to collaborate with business and cross-divisional partners
  • Self-motivated individual interested in a fast-paced and rapidly evolving organization
  • Commitment to excellence and integrity

About Goldman Sachs
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We\’re committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We\’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
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Contact Detail:

Goldman Sachs Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Transaction Banking - London - Vice President - Product Management

✨Tip Number 1

Familiarise yourself with the latest trends in liquidity products and cash management solutions. This knowledge will not only help you during interviews but also demonstrate your commitment to staying ahead in the industry.

✨Tip Number 2

Network with professionals in the transaction banking sector, especially those involved in product management. Engaging with industry experts can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed product lifecycles in the past. Highlighting your experience in designing and rolling out new liquidity products will set you apart from other candidates.

✨Tip Number 4

Showcase your strong presentation and communication skills by preparing a mock pitch for a liquidity product. This will not only help you practice but also demonstrate your ability to convey complex ideas clearly during the interview process.

We think you need these skills to ace Transaction Banking - London - Vice President - Product Management

Product Management
Liquidity Solutions Expertise
New Product Development
Feature Enhancement
Risk Management
Market Analysis
User Story Documentation
Collaboration with Engineering
Go-to-Market Strategy
Sales Training
Client Relationship Management
Presentation Skills
Understanding of Regulatory Landscape
Cash Management Solutions Knowledge
Strong Communication Skills

Some tips for your application 🫑

Tailor Your CV: Make sure your CV highlights relevant experience in liquidity product management and showcases your ability to design and implement new products. Use specific examples that demonstrate your skills in collaboration, risk management, and product commercialization.

Craft a Compelling Cover Letter: In your cover letter, express your passion for transaction banking and how your background aligns with the responsibilities of the role. Mention your understanding of the current liquidity products landscape and how you can contribute to the team's goals.

Highlight Key Skills: Emphasise your strong presentation and communication skills, as well as your ability to work collaboratively with cross-divisional partners. Provide examples of how you've successfully trained teams or prepared client materials in previous roles.

Showcase Industry Knowledge: Demonstrate your understanding of the regulatory landscape related to liquidity products and any current trends in the industry. This will show that you are not only qualified but also genuinely interested in the field.

How to prepare for a job interview at Goldman Sachs

✨Understand the Product Lifecycle

Make sure you can discuss the full lifecycle of liquidity products, from design to commercialization. Be prepared to share examples of how you've managed similar processes in your previous roles.

✨Showcase Your Collaboration Skills

This role requires close partnership with various teams, including technology and sales. Highlight your experience working cross-functionally and provide specific examples of successful collaborations.

✨Demonstrate Industry Knowledge

Familiarise yourself with current trends in liquidity products and cash management solutions. Be ready to discuss how these trends could impact the company's strategy and product offerings.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving skills, particularly around risk identification and management. Prepare scenarios where you've successfully mitigated risks in product management.

Transaction Banking - London - Vice President - Product Management
Goldman Sachs
Location: London
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  • Transaction Banking - London - Vice President - Product Management

    London
    Full-Time
    72000 - 108000 Β£ / year (est.)
  • G

    Goldman Sachs

    10,000+
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