At a Glance
- Tasks: Join us to enhance procurement processes and drive innovation through automation.
- Company: Goldman Sachs, a leading global investment banking firm with a commitment to diversity.
- Benefits: Competitive salary, health insurance, generous vacation, and financial wellness support.
- Other info: Dynamic team culture with opportunities for professional growth and development.
- Why this job: Make a real impact in a fast-paced environment while collaborating with senior professionals.
- Qualifications: 5+ years in product management or business analysis, with strong analytical and communication skills.
The predicted salary is between 55000 - 65000 € per year.
Opportunity Overview
CORPORATE TITLE Associate
OFFICE LOCATION(S) Birmingham
JOB FUNCTION Product Management
DIVISION Corporate Planning & Management
OUR IMPACT
Corporate Planning & Management (CPM) unifies Finance & Planning, Global Procurement, Product & Reporting, CPM Engineering and CPM Management teams to deliver business planning and analytics, expense management, third party risk management, sustainability strategy for our operations and supply chain, and governance strategies across the firm. Global Procurement enables the firm to work strategically with third parties, ensuring strong commercial and compliance controls while promoting sustainability. It drives value, encourages innovation, and reduces risks throughout the supply chain for services and non-compensation spending.
Key teams include:
- Strategic Sourcing: Works with business units to source and contract third-party products and services, optimize value, and digitize commercial commitments.
- Third-Party Risk Management (TPRM): Identifies, assesses, manages, and monitors third-party risks for all relationships, including vendors and contingent workers.
- Procure to Pay (P2P): Oversees the payment process, from vendor onboarding and invoice handling to travel expense processing and compliance.
- Sustainable Operations: Leads emission reduction strategies and ESG risk management in the supply chain.
- Product & Reporting: Manages product lifecycle and reporting for vendor-supplied and internal solutions.
YOUR IMPACT
This role sits within Product & Reporting. The Product & Reporting team is a global team that enables Goldman Sachs to manage our vendor contracts and third-party risk actively and effectively, deliver supply chain effectiveness, travel & expense processing, and enable Source-to-Pay activity through the platforms we maintain within our architecture.
The role requires regular collaboration with various functions across the firm, independent work capability, and interaction with senior professionals. The ideal candidate will be a skilled Product Owner experienced across Procurement Platforms and Processes. This role requires a blend of analytical skills, business process expertise, product design capabilities, and low code/no code system configuration & testing experience to ensure the seamless implementation of the ProcurementHub platform.
Job responsibilities will include, but are not limited to:
- Work with business stakeholders to gather and document requirements for ProcurementHub and convert them into detailed user stories.
- Partner with Strategic Sourcing and Third-Party Risk Management (TPRM) teams to automate manual policies into user-friendly processes.
- Architect and configure end-to-end procurement orchestration workflows using ORO Labs AI to automate complex intake, risk, and compliance processes.
- Identify opportunities to improve the procurement experience through automation and AI capabilities.
- Lead workshops, meetings, and demonstrations to align stakeholders, collect feedback and deliver user training.
- Define testing strategies and lead User Acceptance Testing (UAT) to ensure new features meet business objectives and GS security standards.
- Monitor platform adoption and usage metrics to identify friction points in the procurement journey.
- Leverage data-driven insights to propose iterative improvements to the user experience.
- Communicate product updates, release notes, and roadmap progress to senior leadership and cross-divisional partners.
- Assist with post-go-live validations and ensure smooth, defect-free production rollouts.
Qualifications
- Bachelor’s degree in Business Administration, Computer Science, Information Systems, or related field, or equivalent experience.
- Over 5 years’ experience as a Business Analyst or Product Lead, preferably with understanding of the "Intake-to-Pay" lifecycle.
- Ability to build complex logic and workflows in orchestration platforms (e.g., ORO Labs, ServiceNow, or similar BPM tools) preferred.
- Understanding of Large Language Model (LLM) capabilities and the ability to write structured, effective instructions/prompts for AI agents.
- Familiarity with data structures and the ability to map fields between disparate systems is preferred.
- Familiarity with Ariba Invoicing, Ariba SLP, S4 HANA, or similar Invoice to Pay and Vendor Management applications is preferred.
- Experience participating in at least one medium-to-large-scale platform deployment project within Professional Services.
- Understanding of Agile change management and platforms such as JIRA and Confluence or comparable tools.
- Excellent analytical skills, with a preference for using data to guide decisions and direction.
- Outstanding communication skills and ability to work effectively with cross-functional teams and present to senior leadership.
- Ability to collaborate across hierarchies and regions, with a flexible working style.
- Comfort working in a fast-paced, evolving environment where requirements may shift based on regulatory or strategic changes.
- Experience in the Financial Services industry is advantageous, though not required.
- Proactive, enthusiastic, and team-oriented attitude.
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. 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.
Corporate Planning & Management, Product Owner - Procurement Customer Journey, Associate, Birmi[...] in Birmingham employer: Goldman Sachs Bank AG
Goldman Sachs is an exceptional employer, offering a dynamic work environment in Birmingham that fosters professional growth and innovation. With a strong commitment to diversity and inclusion, employees benefit from comprehensive training programs, competitive vacation policies, and wellness initiatives, all designed to support their personal and professional development. The collaborative culture encourages cross-functional teamwork, ensuring that every team member has the opportunity to contribute meaningfully to impactful projects within the Corporate Planning & Management division.
StudySmarter Expert Advice🤫
We think this is how you could land Corporate Planning & Management, Product Owner - Procurement Customer Journey, Associate, Birmi[...] in Birmingham
✨Tip Number 1
Network like a pro! Reach out to folks in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Know their values and how you can contribute to their goals, especially in areas like procurement and risk management.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills align with the role of Product Owner in Procurement. Highlight your experience with platforms like ORO Labs and your analytical skills.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. And remember, apply through our website for the best chance!
We think you need these skills to ace Corporate Planning & Management, Product Owner - Procurement Customer Journey, Associate, Birmi[...] in Birmingham
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the role. Highlight your experience in procurement platforms and product management, as these are key for us at StudySmarter. Show how your skills align with the job description!
Showcase Your Achievements:Don’t just list your responsibilities; share your successes! Use specific examples of how you've improved processes or driven value in previous roles. We love seeing quantifiable results that demonstrate your impact.
Be Clear and Concise:Keep your application straightforward and to the point. Use clear language and avoid jargon unless it’s relevant to the role. We appreciate a well-structured application that’s easy to read and understand.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Goldman Sachs Bank AG
✨Know Your Procurement Platforms
Familiarise yourself with the specific procurement platforms mentioned in the job description, like ORO Labs and Ariba. Understanding how these tools work will not only help you answer technical questions but also demonstrate your genuine interest in the role.
✨Showcase Your Analytical Skills
Prepare to discuss how you've used data to drive decisions in past roles. Be ready to share examples of how you've identified opportunities for improvement or streamlined processes, especially in relation to procurement or project management.
✨Master User Stories and Requirements Gathering
Since the role involves gathering requirements and converting them into user stories, practice articulating how you would approach this task. Think of a past experience where you successfully gathered requirements and how you ensured they met business objectives.
✨Engage with Stakeholders
Demonstrate your communication skills by preparing to discuss how you’ve effectively collaborated with cross-functional teams. Share specific examples of how you’ve led workshops or meetings to align stakeholders and gather feedback, as this is crucial for the role.
