Transaction Banking, Payments Product Manager - USD Domestic Payments, Associate

The Goldman Sachs Group; Dallas (TX); On-site; USD 110,000 - 160,000; Full time

Job summary

Goldman Sachs is seeking a USD Domestic Payments Product Manager to steer the end-to-end development of payment products and US domestic rails. You will lead product strategy, manage risk, and commercialize solutions for corporate clients across wires, ACH, and checks, with awareness of real-time payments trends.

The role requires experience in transaction banking product management, solid communication, and the ability to coordinate with Engineering and Sales teams to deliver best-in-class

Qualifications

• Experience in product management or product sales or operations in transaction banking or cash/treasury management.
• Basic payment rail knowledge, particularly USD wires, ACH and checks, with broader cross-border payments familiarity.
• Understanding of risks and controls in end-to-end payment delivery.
• Ability to balance attention to detail with high-level business goals and strategy.
• Excellent communication skills to partner with stakeholders across cross-functional teams.
• Strong analytical skills to translate customer needs into actionable solutions.
• Excellent organizational, time management and planning skills.

Responsibilities

• Drive the payments product strategy with Engineering and deliver end-to-end solutions with risk controls.
• Serve as subject matter expert for USD domestic payment mechanisms and their corporate applications.
• Commercialize transaction banking services by packaging products and creating marketing materials.
• Travel may be required to support client engagements and internal reviews.

Skills

Product management

Product sales

Operations

Stakeholder communication

Analytical thinking

Attention to detail

Planning & organizing

Cross-functional collaboration

Education

Bachelor's degree

Military experience

Tools

JIRA

Confluence

MS Office

Job description

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 USD Domestic Payments Product Manager is pivotal in providing the direction and end to end management of our payment products and services, with a special focus on USD domestic payment methods and rails. The incumbent owns responsibility for development of new products, continual product improvement and enhancement, management of product risks and contribution to overall product strategy and commercialization. The role requires a good understanding of the different payment options available to corporate and institutional businesses within the United States, spanning across well-established methods such as wires, ACH and checks to more recent developments in real-time payments. The ability to understand client challenges/opportunities and industry trends will be key to providing inputs into the payments strategic product roadmap and commercialization strategy.

RESPONSIBILITIES INCLUDE

• Driving the payments product strategy forward through partnership with key stakeholders including Engineering in developing solutions that utilize the latest technology to provide value to clients. The role has end-to-end oversight over the product and the delivery of industry-leading solutions alongside a robust risk management framework.
• Operating as a subject matter expert for one or more USD domestic payment mechanisms. Demonstrating an in-depth understanding of commercial application and usage of payment products within the corporate B2B and B2C space among others.
• Commercialization of transaction banking services by packaging products into solutions that provide value to clients and the creation and delivery of product materials and marketing strategies.
• Moderate travel may be required for the role.

IDEAL CANDIDATE HAS

• Experience in product management or product sales or operations in transaction banking or cash/treasury management.
• Basic payment rail knowledge, particularly in USD wire, ACH and checks, with broader familiarity in cross-border and global payments.
• Basic understanding of risks and controls entailed in end to end payment execution and the delivery of payment services.
• Ability to balance attention to detail with high level business goals and strategy.
• Good communication skills and ability to interact and partner with stakeholders within and across cross-functional teams to deliver best in class solutions.
• Logical and analytical skills to understand and articulate customer needs and turn requirements into actionable solutions.
• Excellent organizational, time management and planning skills.

BASIC QUALIFICATIONS

• Bachelor's Degree or military experience
• 3-5 years of experience in a payments / settlement / treasury management / operations role
• Skills with MS-Office (Word/Excel/Powerpoint)

PREFERRED QUALIFICATIONS / EXPERIENCE

• Bachelor's Degree in Product Management, Computer Science, Engineering, or related fields
• At least 3 years of experience working in transaction banking product management
• Experience in Agile and waterfall SDLC with exposure or understanding of full stack development, End to End testing, and post launch validations. Familiarity with tools such as JIRA and Confluence.

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.