At a Glance
- Tasks: Gather requirements, automate processes, and enhance procurement workflows using AI.
- Company: Join Goldman Sachs, a leading global investment banking firm with a diverse culture.
- Benefits: Competitive salary, professional development, and wellness programs.
- Other info: Dynamic environment with opportunities for growth and collaboration across global teams.
- Why this job: Make an impact in procurement while working with cutting-edge technology and innovative teams.
- Qualifications: Bachelor's degree and 5+ years in business analysis or product management.
The predicted salary is between 50000 - 70000 € per year.
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.
- Finance & Planning: Manages planning and reporting to support the firm’s strategic goals.
- Corporate Insurance & Advisory: Manages insurance needs and provides advisory support for firm activities and claims.
- CPM Engineering: Develops solutions for managing third-party spend, data, automation, budgeting, forecasting, and expense allocation.
- CPM Management: Includes senior leaders and teams that give strategic oversight and operational support.
YOUR IMPACT
This role sits within Product & Reporting. The Product & Reporting team is a global team who enable Goldman Sachs to manage our vendor contracts and third-party risk actively and effectively, deliver supply chain effectiveness, travel & expense processing & enable Source-to-Pay activity through the platforms we maintain within our architecture.
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, Birmingham employer: Goldman Sachs
Goldman Sachs is an exceptional employer located in Birmingham, offering a dynamic work culture that prioritises innovation and collaboration. Employees benefit from extensive training and development opportunities, a commitment to diversity and inclusion, and a supportive environment that encourages personal and professional growth. With a focus on sustainability and strategic procurement, this role provides a unique chance to make a meaningful impact within a leading global investment firm.
StudySmarter Expert Advice🤫
We think this is how you could land Corporate Planning & Management, Product Owner - Procurement Customer Journey, Associate, Birmingham
✨Tip Number 1
Network like a pro! Reach out to people in your field, attend industry events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you tailor your responses and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online platforms to get comfortable with common interview questions. The more you practice, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to follow up after your interviews! A simple thank-you email can go a long way in leaving a positive impression. Plus, it shows your enthusiasm for the role and keeps you on their radar.
We think you need these skills to ace Corporate Planning & Management, Product Owner - Procurement Customer Journey, Associate, Birmingham
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Corporate Planning & Management role. Highlight your experience in procurement and project management, and show how your skills align with our goals at StudySmarter.
Showcase Your Achievements:Don’t just list your responsibilities; share specific achievements that demonstrate your impact. Use metrics where possible to quantify your success, as this will help us see the value you can bring to our team.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate straightforward communication, so avoid jargon and make sure your key points stand out. This will help us understand your qualifications quickly.
Apply Through Our Website:We encourage you to apply directly through our website. This ensures your application is received properly and allows us to process it efficiently. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at Goldman Sachs
✨Know Your Stuff
Make sure you understand the key responsibilities of the role, especially around procurement processes and risk management. Brush up on your knowledge of tools like Ariba and ORO Labs, as well as the 'Intake-to-Pay' lifecycle. This will help you answer questions confidently and show that you're genuinely interested in the position.
✨Showcase Your Analytical Skills
Since this role involves a lot of data-driven decision-making, be prepared to discuss how you've used data in past projects. Bring examples of how you've leveraged analytics to improve processes or outcomes. This will demonstrate your ability to think critically and make informed decisions.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving skills. Think about challenges you've encountered in previous roles and how you overcame them, particularly in relation to stakeholder management and process automation. Practising these scenarios can help you articulate your thought process clearly during the interview.
✨Engage with Your Interviewers
Interviews are a two-way street! Prepare thoughtful questions about the team dynamics, ongoing projects, and the company's approach to sustainability in procurement. Engaging with your interviewers not only shows your interest but also helps you gauge if the company culture aligns with your values.
