The Goldman Sachs Group, Inc

Transaction Banking, Payments Product Manager, Associate

The Goldman Sachs Group, Inc$90K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in payments product management or development
  • In-depth knowledge of domestic and cross-border payment rails
  • Demonstrated success in implementing complex payment systems
  • Proficient in agile project management methodologies
  • Strong collaboration skills with engineering and operations teams
  • Experience with end-to-end product lifecycle management
  • Familiarity with JIRA and Confluence for project tracking

Responsibilities

  • Lead transformation initiatives in payments from start to finish
  • Act as a subject matter expert in the global payments landscape
  • Collaborate with stakeholders to create innovative payment solutions
  • Manage the product lifecycle from ideation to ongoing enhancement
  • Develop go-to-market strategies for new payment products
  • Engage clients and partners to gather insights for product strategy
  • Monitor product performance to ensure continuous improvement

Benefits

  • Opportunity to work with cutting-edge payment technologies
  • Engagement with a diverse global team
  • Exposure to broad market trends in payment solutions
  • Professional development opportunities
  • Collaborative work environment fostering innovation
Full Job Description
Job Description

TRANSACTION BANKING

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:
  • Lead payment transformation initiatives from inception to launch - e.g. participation in new payment rails - as well as expand payment capabilities in our product suite.
  • Operate as a subject matter expert in the global payments ecosystem, with extensive knowledge of domestic and cross-border solutions that utilize payment rails like SWIFT, CHIPS, Fedwire, ACH, RTP, FPS, CHAPS, BACS, SEPA, SEPA Instant, and Target2.
  • Partnership with key stakeholders including Engineering, Operations and Risk in delivering in-house built innovative solutions that utilize the latest technology to delight clients
  • Oversee the full product lifecycle, from ideation, strategy, and design through launch and ongoing enhancement, embedding robust risk management practices at every stage.
  • Develop and execute go-to-market strategies to support the successful commercialization of new products, ensuring offerings are relevant and competitive.
  • Engage with clients and internal partners-including Product, Sales, and Servicing teams-to understand client challenges, opportunities, and industry trends, shaping the strategic roadmap and future product development.
  • Ensure continuous improvement by monitoring product performance, gathering client feedback, and driving enhancements to maintain a best-in-class payments experience.

Ideal candidate has:
  • Experience as a payments product manager or in a payments product development team
  • Experience of implementing payment rails (e.g. CHIPS, Fedwire, Target2) or other payment products
  • Payment rail knowledge (e.g. SWIFT, Fedwire, ACH, SEPA, BACS, Target2)
  • Experience in agile project development
  • Demonstrable ability to partner with operations and engineering teams to deliver best in class solutions
  • Experience of end-to-end product ownership from ideation to commercialization, working in a diverse global team driving rapid team and product growth
  • Excellent organizational, time management and planning skills and experience of maintaining requirements and information in JIRA and Confluence

Basic Qualifications
  • Bachelor's Degree or military experience
  • At least 3 years of experience in payments related role

Preferred Qualifications / Experience
  • Expertise and experience of ISO 20022 and SWIFT standards across payments and cash management domains
  • Detailed knowledge of domestic and international payment rails

About The Goldman Sachs Group, Inc

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

The Goldman Sachs Group, Inc. Careers

Join the prestigious team at The Goldman Sachs Group, Inc., a global leader in finance and investments, and propel your career to new heights. Our firm is renowned for its commitment to excellence, innovation, and leadership in the financial sector.

Work You’ll Do

At Goldman Sachs, you will be part of a dynamic environment that fosters growth, diversity, and professional development. Engage in transformative projects that redefine the landscape of global finance, driven by a culture of high performance and continuous improvement.

Lead with Innovation and Leadership

Step into a role where your skills will be honed and your leadership capabilities enhanced. The Goldman Sachs Group, Inc. is at the forefront of merging financial expertise with technological innovation, creating a platform for you to lead impactful initiatives.

Join Our Diverse and Inclusive Team

Diversity and inclusion are at the core of our company culture. With employees from various backgrounds, Goldman Sachs thrives on the rich ideas and perspectives that this diversity brings. Here, every team member’s contribution is valued, and every voice is heard.

Explore Job Opportunities and Internships

Whether you’re seeking full-time employment or looking into internship opportunities, Goldman Sachs offers a range of positions that cater to different skills, experiences, and career aspirations. From analyst to executive positions, discover how you can contribute to our legacy of success.

Networking and Professional Growth

Goldman Sachs is not just a workplace. It is a community where you can build lasting relationships with colleagues and industry leaders. Our networking events, mentorship programs, and professional groups foster connections that can accelerate your career trajectory.

Benefits and Career Development

Invest in your future with Goldman Sachs’ unparalleled employee benefits and career development programs. From comprehensive health benefits to personalized career coaching and leadership training, we ensure that our team is equipped for success, both professionally and personally.

Prepare for Your Future

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Join The Goldman Sachs Group, Inc.

Embark on a rewarding journey with The Goldman Sachs Group, Inc. where your potential is limitless. Explore positions, read about our company culture, and apply today to become part of a team that values growth, leadership, and innovation.

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At The Goldman Sachs Group, Inc., your career is just the beginning – it’s an opportunity to excel and lead in the global financial industry. Join us and make your mark!
Learn more about The Goldman Sachs Group, Inc
Size
45,100 employees
Market Cap
$115.8 billion
Industry
Net Income
$9.4 billion
Founded
1869
5 Year Trend
+11.3%
Revenue
$53.4 billion
NASDAQ

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