Asset & Wealth Management- AM Portfolio Servicing Product-Bengaluru-Vice President-Product Management

Goldman Sachs

AMD Public-Bengaluru-Vice President-Portfolio Servicing-Product Management

Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firm’s primary investment area, we provide investment and advisory services for some of the world’s leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors, and individuals, for which we oversee more than $2 trillion in assets under supervision. Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. We are:

  • Investors, spanning traditional and alternative markets offering products and services.
  • Advisors, understanding our clients’ priorities and poised to help provide investment advice and strategies that make sense for their portfolios.
  • Thought Leaders, providing timely insights across macro and secular themes to help inform our clients’ investment decisions.
  • Innovators, using our suite of digital solutions to help our clients address complex challenges and meet their financial goals.

The Asset & Wealth Management Strategic Transformation Office is a recently established entity tasked with overseeing comprehensive large-scale transformations. Our primary objectives are to enhance scalability, drive revenue growth, improve client experience, and elevate controls to optimize our operating platform. This group comprises of four critical functions, including (1) Product Management & Design, (2) Change Management, (3) Regulatory Management, and (4) Monitoring & Testing. 

The Product Management & Design team is looking for a Product Manager for the Portfolio Servicing Platform, where you will support the product vision and oversee the development, enhancement, and management of the portfolio servicing platform for the global Asset Management business. The portfolio servicing platform encompasses vital functions and core platforms that are responsible for set up and accuracy of books and records, trading readiness, post trade lifecycle management, payments and several other critical capabilities required to enhance operational efficiency, manage risks effectively, and drive investment decisions. 

This role works collaboratively with the leadership across the Investment teams, Sales & Distribution, Operations and Technology organizations to deliver a robust and comprehensive strategy ensuring competitive advantage and addressing internal stakeholders and client needs. This product manager will engage with multiple stakeholders to understand the spectrum of problems and challenges to be solved. The ideal candidate will have a good understanding of investment products, investment operations and portfolio accounting within the financial services industry, preferably for the asset management business. 

We are looking for a talented and passionate Product Manager who thrives in an extremely entrepreneurial, fast paced environment. This is a high visibility role, interfacing with business leaders and will require creativity and drive to deliver on the ambitious goals and roadmap. 

How You Will Fulfill Your Potential on the Product Management team:

  • Develop the product strategy and roadmap based on a deep understanding of business drivers, competition, and stakeholder needs.
  • Own the entire product lifecycle, from ideation to launch and beyond, including management of product development, feature prioritization, release planning, and ongoing product maintenance.
  • Break down complex problems and processes into feature components that drive product development and platform extensibility.
  • Define, document, and prioritize product requirements, user stories, and acceptance criteria to guide the development process and ensure clear communication between stakeholders.
  • Partner with a team of product managers to identify cross-product opportunities and to ensure all problems considered within the context of the target state product architecture.
  • Design and monitor business metrics related to product usage, adoption, and client satisfaction, and establish a feedback loop informing strategic and prioritization-related decisions. 

You will be successful in this role if you have had proven experience with: 

  • Ability to influence cross-functional teams, from presenting conceptual ideas to execution.
  • Excellent written and verbal communication skills, including the ability to deliver presentations and communicate within and outside the organization.
  • Ability to work and deliver results independently, a self-starter with an ability to get in the weeds where necessary.
  • Leading the definition of requirements and test cases for Engineering and QA.
  • Ability to partner and drive results with third party vendors.
  • Solving business solutions at scale with technology.

Qualifications:

  • Proven experience (10+ years) in product management within the financial services industry, specifically within asset management or operational platforms.
  • Master’s or Bachelor’s degree in relevant fields is preferred.
  • Prior experience/understanding of financial instruments and products 
  • Prior experience/understanding of Investment Operations or portfolio accounting (ideally within the Asset Management business)
  • Experience with all stages of the development lifecycle: inception, analysis, design, review, testing, and deployment leveraging agile development methodologies and tools.
  • Analytical mindset with the ability to make data-driven decisions and derive actionable insights from market and usage data.
  • Proficiency in collaborating with technical teams, understanding software architecture, and translating technical concepts to non-technical stakeholders.
  • Demonstrated success in working with cross-functional teams, managing complex projects, and delivering software solutions on schedule and within budget.
  • Excellent written and verbal communication skills, including experience working directly with both technical and non-technical stakeholders. 

Experience that will help you thrive: 

  • Must have a client and product mindset with experience collaborating with key stakeholders to propose products and their associated features.
  • Strong creative leader, self-motivated with analytical mindset who can multi-task to solve interesting and difficult technical problems under time pressure and with resource constraints.
  • A demonstrated ability to rationalize ambiguous, open-ended problems and establish and communicate and plan for progression. 
  • Ensure systems can scale to handle increasing business volumes, optimize performance and throughput. Good understanding of distributed systems.
  • Scrum Product Owner responsibilities prioritizing the product backlog, using domain expertise, customer insights and market research to make informed trade-offs between new feature development, platform investment and optimizations.
  • Be an advocate of best practices for system design and conformance to high standards for coding, testing, debugging and implementation.

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 employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity

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Confirmed 19 hours ago. Posted 30+ days ago.

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