CWM - Marcus Invest – Product Manager – Investment Products - Analyst/Associate - New York City

Location(s) US-NY-New York
Job ID
2021-76359
Schedule Type
Full Time
Level
Associate
Function(s)
Consumer Banking
Region
Americas
Division
Consumer and Wealth Management
Business Unit
Wealth Management
Employment Type
Employee

MORE ABOUT THIS JOB

Consumer and Wealth Management (CWM)

Across Consumer and Wealth Management (CWM), Goldman Sachs helps empower clients and customers around the world 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 consumer business provides digital solutions for consumers to better spend, borrow, invest, and save. Across CWM, our growth is driven by a relentless focus on our people, our clients and leading-edge technology, data and design.

 

Consumer

The firm’s Consumer business, Marcus by Goldman Sachs, combines the entrepreneurial spirit of a startup with more than 150 years of experience. Today, we serve millions of customers across multiple products including lending, deposits, financial tools, and our partnership with Apple on Apple Card. We use innovative design, data, engineering and other core capabilities to provide customers with powerful tools and products that are grounded in value, transparency and simplicity. As we build a leading digital consumer bank and expand into new products and partnerships, we are looking for leaders and individual contributors to join our team.

RESPONSIBILITIES AND QUALIFICATIONS

Our Impact

 

Our team is responsible for developing and building the new consumer investment platform to enable the division to extend its investment capabilities to a wide range of customers in an automated and scalable way.  We design and build tools that are transforming the financial services experience, focused on building universally accessible investment solutions that are simple and transparent and extending our services to new client segments. We are a product driven team, composed of talented and passionate product managers, designers, and engineers working to change the landscape of investment management.

 

Your Impact

 

We are seeking a product manager analyst/associate to join our team. In this role, you will engage with key stakeholders across business, engineering and brand teams to develop, prioritize and build the product roadmap for Marcus Invest. You will help drive strategy, development and enhancements across the digital products offered by Consumer and Wealth Management Division.

The ideal candidate is resourceful and detail-oriented with prior experience and interest in investment products and portfolio strategies. Prior experience of working with clients to inform portfolio solutions and working with engineering and design teams to bring digital customer products to market is preferred.

 

Why Marcus Invest?

  • Work on some of the most complex technical and design challenges at the intersection of finance, wealth management and technology
  • Be a part of growing team of product managers and investment professionals driving growth strategy for the consumer businesses
  • Use your investment acumen and experience to drive product development process to build new features and best in class experiences for our customers
  • Partner with a talented and diverse group of individuals from across the division

Responsibilities:

  • Drive the development process to deliver new features and functionality for Marcus Invest while identifying and measuring key metrics to ensure a best in class customer experience across our web and mobile properties
  • Work alongside design, engineering, marketing, legal, compliance, operations and other teams to build delightful, easy-to-use features that solve customer problems related to personal finance
  • Define, design and build product features by writing user stories with detailed acceptance criteria and groom stories with developers and designers
  • Liaise with colleagues on firmwide product and investment teams to understand new investment options suitable for consumers and execute on product roadmap to bring new innovative investment solutions to customers in a digital first experience
  • Oversee the functioning of investment platform and closely liaise with internal operation teams including customer service and operations to oversee smooth functioning
  • Use data, user research and a test and learn approach to inform decisions and continually optimize products
  • Own and prioritize a product backlog—using data to make informed tradeoffs between new feature development, platform investment and user issues/feedback
  • Monitor financial markets and undertake portfolio analysis and performance attribution for the investment offerings on the platform

 

Skills and experience we are looking for:

  • 2+ years of prior experience in investment management
  • Aptitude for logically breaking down complex problems and processes, documenting workflows and edge cases, and communicating solutions with clarity
  • Experience in working with diverse and dynamic product and engineering teams
  • Strong verbal and written communication skills
  • Ability to work in a fast-paced environment and think clearly under pressure
  • Strong interest in the financial markets and good investment sense/commercial instinct
  • Working knowledge of asset management compliance and investment guidelines
  • Interest in Digital Investment products and Fintech sector is a plus

Preferred Skills:

  • Prior experience working with financial advisors and clients to assist in financial planning, investment analysis and portfolio construction
  • 1-3 years of product management experience in fast-paced, agile product development environment
  • Series 7 and 63 licenses preferred

ABOUT GOLDMAN SACHS

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., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity