Asset & Wealth Management, Wealth Investment Solutions (WIS): Investment Product

Asset & Wealth Management

A career with Goldman Sachs Asset & Wealth Management is an opportunity to help clients across the globe realize their potential, while you discover your own. As part of one of the world's leading asset managers with over $2 trillion in assets under supervision, you can expect to participate in exciting investment opportunities while collaborating with talented colleagues from all asset classes and regions, and building meaningful relationships with your clients. 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. Bringing together traditional and alternative investments, Goldman Sachs Asset & Wealth Management provides clients around the world with a dedicated partnership and focus on long-term performance. As a primary investment area within Goldman Sachs, we provide investment and advisory services for pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals.

WIS Overview

The Wealth Investment Solutions (WIS) team within Goldman Sachs Asset Management manages over $375bn in assets across 80,000 customized portfolios for individual as well as institutional investors across the wealth spectrum. WIS designs and manages personalized investment solutions for individual investment objectives, including tax-managed, factor-based and value aligned strategies across the Equity and Fixed Income asset classes.

Role Overview

As an investment product manager within the WIS business you will be responsible for building new investment strategies as well as refining existing strategies to solve for the evolving needs of individual investors across wealth segments. As a product manager your role will be to leverage your knowledge of wealth management, financial products, and exceptional product management skills to rapidly develop, launch and refine investment solutions delivered at scale. As a focal point for one of the division's key priority initiatives, the team operates in an entrepreneurial environment but with the resources of a large organization.

WIS product managers collaborate across multiple teams and work closely with portfolio managers, client portfolio managers, engineers, UX designers, salespeople, digital product managers, operations, controllers, and compliance to deliver new investment strategies to the market.

Please thoroughly review all responsibilities and qualifications.

Responsibilities:

• Research on new wealth investment solution ideas in partnership with portfolio managers, client portfolio managers, researchers, engineers and WIS leadership
• Develop front-to-back specifications for a technical investment products, understand process maps, drive testing/validation, and partner with engineering to deliver scalable products
• Drive execution of front-to-back product development roadmap
• Create a testing plan and validate testing results to ensure smooth rollout of the product
• Maintain JIRA tickets, specifications, and documentation where relevant to the specific project.
• Develop key success metrics for new product releases and track metrics to evaluate success.
• Partner with stakeholders across the investing business, operations, engineering, and sales to ensure alignment across teams.
• Partner with senior leaders and stakeholders to use quantitative and qualitative data points to drive high quality decision making and make prioritization trade-offs

Required Qualifications:

• Technical background, preferably an undergraduate and/or graduate degree in mathematics, computer science, financial engineering, or other STEM-related background.
• 5-7 years of experience working as a technical product manager, engineer, portfolio manager or financial analyst in the investment industry
• Successful track record of developing and launching investment products
• Experience with investment management concepts (equities, fixed income, derivatives, performance calculations, risk, tax-loss harvesting, direct indexing, etc.)
• Excellent communication skills across verbal, written emails, and PowerPoints (e.g. visualizations, diagrams, etc.); Ability to succinctly discuss complex investment and/or technical concepts to various stakeholders across the organization.
• Exceptional attention to detail and organizational skills to document specifications and communicate effectively across teams.
• Prudent judgement on risk management, impact to the client experience, and the ability to escalate as needed.
• Interest in working in a fast-paced environment with the ability to pivot and align with changing priorities.
• Willingness to get into nuanced details necessary to drive high-quality decision-making and ensure prudent risk management that can impact the investment experience.
• Great attitude and openness to learn, be a team player, and collaborate with others.