OUR IMPACT
Across Asset Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking, and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our direct-to-consumer business provides digital solutions that help customers save and invest. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data, and design.
Marcus by Goldman Sachs
The firm’s direct-to-consumer business, Marcus by Goldman Sachs, combines the entrepreneurial spirit of a start-up with more than 150 years of experience. Today, we serve millions of customers across multiple products, leveraging innovative design, data, engineering, and other core capabilities to provide customers with powerful tools and products that are grounded in value, transparency and simplicity.
Our division also provides critical operations and user experience design to ensure business flows smoothly when customers come to us. From day one, our customer service leaders will play a vital role in upholding the three customer support principles of customer focus, process innovation and risk management.
YOUR IMPACT
Marcus by Goldman Sachs is looking for a commercial and customer focussed Product Manager to join our growing team. The ideal candidate has good knowledge of retail deposits markets, possess high quality product management skills, partnering and collaborating with various teams, and providing analysis powering decision-making.
As an important member of the team, you will be working closely with leadership, and your contributions will be key in successful product management and performance, effective stakeholder management is another crucial aspect of the role.
In this role you will be responsible for partnering with key teams across the business including Operations, Engineering, Product Owners, Marketing and Legal & Compliance to lead recommendations and provide high quality analysis driving decision making. Your expertise in fostering cross-functional collaboration will enable you to bridge gaps between teams, ensuring alignment with organisational objectives and regulatory requirements.
RESPONSIBILITIES
Contributing to the design and management of deposit products through their full lifecycle to meet customers' needs and deliver a best-in-class experience, leveraging digital channelsDriving savings product initiatives and making recommendations to enhance customer and product propositionLeading & supporting delivery of agreed product changes, including pricing, to manage commercial performance and to ensure good customer outcomesMaintain a full understanding of relevant compliance and local market regulatory issues Monitor product performance and analyse existing customer behaviour to recommend changes Maintain and manage forward looking view to develop and refine the savings product rangeSupport development of detailed business cases to support future proposalsMaintaining and refining roadmap/backlog of savings change itemsDeveloping and monitoring risk metrics, identifying issues and making recommendations to ensure fair treatment of customersSupport execution of campaign activity to engage, retain & increase balances across the customer basePartner with marketing teams to deliver agreed tasks to support the marketing acquisition planPartner with Customer Care and Operations teams to deliver agreed tasks to ensure that products are implemented and supported seamlessly and consistently across channelsProactively identify and recommend ideas to drive growth for innovation and /or alternative channels
REQUIREMENTS
At least 3 years of retail banking experience in a savings product role in retail banking either within a large incumbent/direct bank/fintech Subject matter expert in savings products including interest rate / pricing dynamics Experience of working in a product team on both technical and commercial aspects of the productGood knowledge of banking, trends, consumer behaviour and relevant local regulations such as BCOBS, AML/KYC, TCF, Conduct risk & Consumer dutyProficient use of Microsoft Office Suite to include Word, Excel, Outlook, and PowerPoint.Experience of working and delivering in an agile environmentBachelor's degree ideally in a relevant field (marketing, financial services)
BEHAVIOURS
Self-directed team player, ability to drive high performance and work independently or in a team-oriented and fast paced environmentProven ability to lead by example, with a positive attitudeExcellent communication, presentation and interpersonal skillsGood analytical, problem-solving, project management and program management skillsAbility to balance strategic focus with tactical implementation/executionAbility to collaborate with various business partners and stakeholdersAbility to manage change and work in a fluid & ambiguous environmentAbility to interact and influence at all levels and across functions Ability to develop excellent relationships at all levels within an organization.Ability to effectively manage multiple projects at the same time and lead end to end execution of critical business processes such as interest rate changesStrong sense of detail and urgency, with the ability to motivate others to deliver
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.
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