Transaction Banking, Liquidity Solutions Product Manager, Associate

Goldman Sachs•Dallas, TX

10h•Onsite

About The Position

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. The Liquidity Solutions Product Manager role is responsible for defining and implementing the Liquidity Solutions business strategy. They will play a strategic role in the life cycle of the liquidity solutions product set while incorporating the voice of the customer. They will partner closely with technology leads to define and create the overall product strategy, document requirements for design and engineering partners, delivery and go-to-market plan that aligns with business goals. They will also work closely with all Transaction Banking teams including Operations and Sales to implement and manage core product capability and to develop innovative new liquidity solutions to meet client needs. The role requires an understanding of corporate liquidity products, including deposit accounts, term deposits, Money Market Fund Sweeps, cash concentration, virtual accounts and notional pooling. An understanding of client challenges/opportunities and industry trends will be required as inputs into the Liquidity Solutions strategic product roadmap. The Liquidity Solutions product team is responsible for developing innovative cash management solutions including cash concentration, virtual accounts, and pooling. We are thought leaders, bringing new ideas and insights to clients to help them achieve a leaner, smarter treasury.

Requirements

Bachelor’s Degree or military experience
Understanding of risks and mitigants related to Liquidity products and solutions
Experience in designing, building and rolling out new liquidity products and owning the process from start to finish
Experience with liquidity solutioning including virtual accounts and cash concentration
Experience with responding to RFPs and leading pitches centered around liquidity solutions
Extremely strong presentation and communication skills, as well as strong organizational and interpersonal 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
Knowledge of regulatory landscape related to Liquidity
Commitment to excellence and integrity

Responsibilities

Act as subject matter expert in liquidity products and cash management solutions
Understanding of current liquidity products industry landscape, including current trends
Execute against product strategy to buildout our liquidity solutions roadmap
Understands product development methodologies and strategies needed to fulfil delivery
Input towards scoping of product development team from initial strategy to delivery and beyond
Identify, document requirements, and develop new capabilities aimed at delivering customer value
Ability to communicate within team to provide focus against prioritized product development goals
Translate between business requirements and technology specifications – in both directions: top-down and bottom-up
Document clear user stories and acceptance criteria to collaborate, direct, and inform Design and Technology resources
Present complex ideas and processes in easy to consume presentations to gain stakeholder alignment and drive initiatives
Support Sales in responding to complex RFPs, non-standard information requests,
Support Sales in delivering product demos and best and final solution presentations (over phone or in-person)
Support Sales with client needs identification, solution recommendations and pricing
Provide training and support to Sales and business partners on new payments product capabilities
Contribute input into marketing strategy and communications plans