Transaction Banking - London - Vice President - Product Management

BMO Harris Bank; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading financial institution is seeking a Liquidity Solutions Product Manager in London. This role focuses on managing product lifecycles, developing cash management solutions, and requires significant expertise in liquidity product management. The position demands collaboration across teams and strong communication skills, aiming to enhance the client experience and operational efficiency.

Qualifications

• 7+ years experience in Liquidity Product Management or a related role.
• Strong presentation and communication skills.
• Self-motivated individual interested in a fast-paced environment.

Responsibilities

• Define, implement and manage Liquidity Solutions product set.
• Collaborate with Technology and Sales for product development.
• Monitor product performance and manage risks.

Skills

Product design

Risk management

Communication skills

Team collaboration

Education

Bachelor's Degree or military experience

Job description

TRANSACTION BANKING (TxB)
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're a team of diverse experts helping our clients to build the future of their Treasury.

RESPONSIBILITIES AND QUALIFICATIONS
The Liquidity Solutions Product Manager role is responsible for defining, implementing and managing the Liquidity Solutions product set and strategy. They will own the full lifecycle of the product, including design, execution commercialization and portfolio management. They will partner closely with technology leads to define and create new products and features, document requirements for design and engineering partners, and collaborate with Sales on a go-to-market plan that aligns with business goals. They will also work closely with Operations and the Federation (Risk, Compliance, Controllers etc) to monitor the performance of the products and to measure and manage the risk. The role is heavily focussed on new product development, feature enhancement and risk mitigation. Finally, as a product and industry expert, the role supports Sales in training, preparation of thought leadership pieces, preparation of client materials and by accompanying them on complex pitches.
The Team
The Liquidity Solutions product team is responsible for developing innovative cash management solutions including cash concentration, virtual accounts, and notional pooling. We are thought leaders, bringing new ideas and insights to clients to help them achieve a leaner, smarter treasury.

Core Responsibilities:

• Product and feature design
• Documentation of clear user stories and acceptance criteria to collaborate, direct, and inform Design and Technology resources
• Partnership with Engineering on product development
• Product commercialization including go-to-market strategy
• Preparation and maintenance of product guides and training
• Sales and Operations training
• Preparation and maintenance of marketing materials
• Product performance monitoring and management
• Risk identification and management
• Design of solutions to meet client needs
• Attendance at client meetings and pitches
• Acting as subject matter expert in liquidity products and cash management solutions
• Understanding the current liquidity products industry landscape, including current trends

Preferred Qualifications:

• Bachelor's Degree or military experience
• At least 7 years' experience in Liquidity Product Management or a related role
• Experience in designing, building and rolling out new liquidity products and owning the process from start to finish
• Knowledge of regulatory landscape related to Liquidity
• Understanding of risks and mitigants related to Liquidity products and solutions
• Extremely strong presentation and communication 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
• Commitment to excellence and integrity

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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