At a Glance
- Tasks: Help modernise Wealth Management's digital platform and enhance client experiences.
- Company: Join Goldman Sachs, a leading global investment banking and investment management firm.
- Benefits: Enjoy competitive salary, health insurance, generous vacation, and financial wellness support.
- Why this job: Make a real impact by creating user-centric products in a dynamic environment.
- Qualifications: 3-6 years in product management or financial services; strong communication and analytical skills.
- Other info: Collaborate with diverse teams and enjoy excellent career growth opportunities.
The predicted salary is between 36000 - 60000 £ per year.
PRIVATE WEALTH MANAGEMENT (PWM) secures, develops and manages relationships with high net worth individuals, their families, family offices and foundations. PWM assists clients with building and preserving their financial wealth by creating and implementing long-term asset allocation within the context of each client’s particular risk tolerance, and by providing access to innovative investment ideas and opportunities. PWM professionals develop customized investment strategies and offer a full array of wealth management products and services, including private banking and trust company services.
As a Product Manager, you will be responsible for helping modernize and reinvent the Wealth Management digital platform. You will join a team of creative and driven product managers to help build digital solutions to empower the client and advisor relationship. You are passionate about intuitive and user-centric products and enhancing the client and advisor experience. You are comfortable writing requirements, managing project execution, and performing testing for the features you bring to market.
- Demonstrate a strong understanding of the PWM business goals, processes, and players, and collaborate closely with them to drive product requirements and success.
- Support and develop product strategy and roadmap with our team, clients, and partners.
- Drive the execution of the product roadmap by writing user stories, requirements, and acceptance criteria for engineering development.
- Partner with colleagues in Engineering, Design, Operations, and Program Management to deliver user-centric features.
- Solicit stakeholder input and coordinate amongst multiple groups to inform requirements, including Business, Legal, and Compliance.
- Leverage analytics and data to inform the product roadmap.
- Parse larger product feature projects into smaller components while understanding dependencies.
- Translate complex problem statements into clear and actionable next steps for impacted groups.
- Monitor competitive best practices and analyze end-user feedback – identifying and developing solutions when necessary.
- Engage with partner vendors to ensure they address product needs.
- Participate in ideation activities, product feasibility assessments, business case preparation, and overall product definition (feature lists and prioritization).
REQUIREMENTS
- Bachelor’s Degree required.
- Candidates should have 3-6 years of directly relevant work experience in product management and/or the financial services sector (ideally in Wealth Management).
- Excellent verbal and written communication skills with the ability to lead calls and trainings, and adjust content according to the respective audience.
- Outstanding analytical and problem-solving skills; ability to synthesize differing requirements.
- Strong attention to detail; strong logical and analytical thinker.
- High degree of personal accountability and teamwork, going above and beyond to ensure that products are delivered on time and of quality.
- Aptitude for logically breaking down complex problems and processes, documenting workflows and edge cases, and communicating solutions with clarity.
- Commitment to excellence and a high level of integrity.
- Proactive attitude and willingness to take initiative and ownership of projects, identifying potential risks and issues, and proposing solutions.
- Adaptability and flexibility to work in a fast-paced and dynamic environment, collaborating with cross-functional teams and stakeholders.
- Demonstrate exceptional prioritization skills whilst delivering quality work.
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.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, colour, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
Private Wealth Management, Product Management, Associate, London London · United Kingdom · Associate employer: Goldman Sachs Bank AG
Contact Detail:
Goldman Sachs Bank AG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Private Wealth Management, Product Management, Associate, London London · United Kingdom · Associate
✨Tip Number 1
Network like a pro! Reach out to people in the Private Wealth Management space, especially those who work at firms you're interested in. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by understanding the PWM business inside out. Brush up on current trends, investment strategies, and the latest digital solutions in wealth management. This will show you're not just another candidate but someone who's genuinely passionate about the field.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills align with the role of a Product Manager in PWM. Highlight your experience in managing projects and collaborating with cross-functional teams, as this is key to impressing interviewers.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining our team and contributing to the innovative solutions we’re building in wealth management.
We think you need these skills to ace Private Wealth Management, Product Management, Associate, London London · United Kingdom · Associate
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Private Wealth Management role. Highlight your relevant experience in product management and financial services, and show us how your skills align with our goals.
Showcase Your Communication Skills: Since excellent communication is key in this role, use clear and concise language in your application. We want to see how you can articulate complex ideas simply, so don’t hold back on demonstrating your writing prowess!
Highlight Your Analytical Abilities: We love a good problem solver! In your application, share examples of how you've used data and analytics to inform decisions or improve processes. This will help us see your analytical mindset in action.
Apply Through Our Website: Don’t forget 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 PWM Inside Out
Before the interview, dive deep into the Private Wealth Management sector. Understand the key players, current trends, and how digital solutions are transforming client-advisor relationships. This knowledge will help you speak confidently about how you can contribute to their goals.
✨Showcase Your Product Management Skills
Be ready to discuss your experience in product management, especially in financial services. Prepare examples of how you've written user stories, managed project execution, and collaborated with cross-functional teams. Highlight your analytical skills by discussing how you've used data to inform product decisions.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities. Think of complex scenarios you've faced in previous roles and how you broke them down into manageable parts. Practice articulating your thought process clearly, as this will demonstrate your logical thinking and attention to detail.
✨Engage with Enthusiasm
During the interview, show your passion for creating user-centric products. Ask insightful questions about their current projects and express your eagerness to contribute to their product strategy. A proactive attitude can set you apart and show that you're genuinely interested in the role.