Payments Product Manager 

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. 

 

RESPONSIBILITIES AND QUALIFICATIONS

The Payments Product Manager is pivotal in providing the direction and end to end management of the Payments products, with responsibility for defining and implementing the Payments Product business strategy, understanding the risks associated with the product, development of new products and commercialization of these products. The role requires a deep understanding of Corporate payments and payment rails including cross border/cross currency solutions. Understanding of client challenges/opportunities and industry trends will be required as inputs into the Payments strategic product roadmap and commercialization strategy.

Responsibilities include:

Product management of large-scale payment transformation initiatives (e.g. joining new payment rails)Operating as a subject matter expert across global payments solutions, including payment rails and the domestic and cross-border payment product solutions that leverage these rails (e.g. SWIFT, Fedwire, ACH, FPS, CHAPS, BACS, SEPA, SEPA Instant, TARGET2).Driving the payments product strategy forward through partnership with key stakeholders including Engineering in delivering solutions that utilize the latest technology to provide value to clients. The Payments Product Manager has end-to-end oversight over the product and therefore through their knowledge, leadership and understanding of the product risks can deliver industry-leading solutions alongside a robust risk management framework.Commercialization of products through robust go-to-market strategies as part of product launch. This is achieved through understanding the voice of the customer by close collaboration with Sales and Servicing teams to understand client needs and how the existing and future products can meet them. In additional to acting as an SME to internal stakeholders across the organization.Moderate travel is required for the role.

 

Ideal candidate has:

Experience as a payments product manager or payments product development leadDetailed payment rail knowledge (e.g. SWIFT, Fedwire, ACH, SEPA, BACS, TARGET2) and the ability to identify risks and controls associated with payments productsProven track record of delivering initiatives on-time whilst balancing customer’s outcomes, business needs, technical feasibility and product risksDemonstrable ability to partner with operations and engineering teams to deliver best in class solutionsExperience of end-to-end product ownership from ideation to commercialization, working in a diverse global team driving rapid team and product growthComfort in client-facing situations partnering with Sales teams with the ability to understand and articulate customer needs and turn requirements into actionable solutionsExcellent organizational, time management and planning skills and experience of maintaining requirements and information in JIRA and Confluence

Basic Qualifications 

Bachelor’s Degree or military experienceAt least 5 years of experience in payments related role 

Preferred Qualifications / Experience

Expertise and experience of ISO 20022 and SWIFT standards across payments and cash management domainsDetailed knowledge of domestic and international payment rails.

 

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. Learn more about our culture, benefits, and people at GS.com/careers. 

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

 

© The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.