At a Glance
- Tasks: Lead the development of innovative FX products and manage their end-to-end lifecycle.
- Company: Join Goldman Sachs, a global leader in investment banking and fintech innovation.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Dynamic environment with a focus on collaboration and client success.
- Why this job: Make an impact by shaping the future of transaction banking with cutting-edge technology.
- Qualifications: 6-8 years in FX or payments, strong analytical skills, and product management experience.
The predicted salary is between 60000 - 80000 £ per year.
TRANSACTION BANKING
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 provide our clients a simple, intuitive, secure, and frictionless experience for domestic, cross-border and cross-currency payments. Simplifying payments making it just as easy to pay someone across the globe as it is to pay someone around the corner. We’re a team of diverse experts helping our clients to build the future of their Treasury.
ROLE SUMMARY
The FX Product Manager is pivotal in providing the direction and end-to-end management of FX products embedded within Transaction Banking, with responsibility for defining and implementing FX product strategy, understanding risks, developing new capabilities, and driving commercialization. The role requires deep understanding of FX flows within payments, including cross-border and cross-currency solutions, as well as the ability to translate client needs and market trends into scalable product solutions.
Responsibilities include:
- End-to-End Product Ownership
- Lead development and scaling of FX capabilities across payments and receivables, overseeing all phases from concept to post-launch optimization
- Demonstrate a strong track record of delivering complex, multi-phase product initiatives to completion
- Subject Matter Expertise
- Serve as a subject matter expert in FX solutions within transaction banking, including pricing, execution, and settlement
- Apply technical expertise to design solutions spanning payment flows, APIs, and file formats (e.g., ISO 20022, pain.001)
- Ensure alignment with regulatory and operational requirements
- Product Strategy & Stakeholder Engagement
- Partner with Engineering, Operations, Sales, and Servicing teams to deliver integrated FX and payments solutions
- Translate market opportunities and client needs into differentiated digital products
- Align deliverables with risk management frameworks and business
- Project Delivery & Execution
- Lead cross-functional initiatives with multiple stakeholders across regions
- Maintain focus on delivery timelines, quality, and scalability using agile methodologies
- Define and manage product requirements using tools such as JIRA and Confluence
- Go-To-Market & Commercialization
- Develop and execute go-to-market strategies to drive client adoption of FX capabilities
- Define product KPIs and leverage data to inform decision making
- Partner with Sales teams in client engagements, translating requirements into actionable solutions
- Support pricing strategy development to drive revenue growth and client value
- Technical Product Development
- Work closely with Engineering to design, build, and enhance FX product capabilities
- Diagnose and resolve issues across FX transactions, payment flows, and integrations
- Leverage data and automation to improve product performance and client experience
QUALIFICATIONS
Required
- 6–8 years of experience in FX, payments, or fintech-related roles
- Experience as a product manager or product development lead
- Strong understanding of FX pricing, transaction flows, and cross-border payments
- Proven track record of delivering product initiatives end-to-end
- Experience partnering with Engineering and Operations teams
- Strong analytical, problem-solving, and organizational skills
- Ability to operate in fast-paced, high-growth environments
- Bachelor’s Degree or equivalent
Preferred
- Experience with FX embedded within transaction banking or payments platforms
- Knowledge of ISO 20022 and global payment formats
- Familiarity with APIs, automation, and data-driven product development
- Experience supporting client-facing product discussions and commercialization
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 are committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.
Transaction Banking, FX Product Manager, Vice President, London employer: Goldman Sachs Group, Inc.
Goldman Sachs is an exceptional employer, offering a dynamic work environment that blends the heritage of a 150-year-old firm with the innovative spirit of a tech start-up. Employees benefit from a culture that prioritises collaboration and diversity, alongside ample opportunities for professional growth in the fast-paced financial sector. Located in London, our team enjoys access to cutting-edge technology and a commitment to delivering best-in-class digital solutions, making it an ideal place for those looking to make a meaningful impact in transaction banking.
StudySmarter Expert Advice🤫
We think this is how you could land Transaction Banking, FX Product Manager, Vice President, London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Goldman Sachs Group, Inc.. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Transaction Banking, FX Product Manager, Vice President, London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Goldman Sachs Group, Inc..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Goldman Sachs Group, Inc.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Goldman Sachs Group, Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Goldman Sachs Group, Inc..
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Goldman Sachs Group, Inc. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Goldman Sachs Group, Inc. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
