GMD, Prime Services Product Development, Associate/VP, NY
Posted on: 5 Feb 2021
New York City, New York
Job Description
MORE ABOUT THIS JOB
GLOBAL MARKETS
Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team with a passion for the markets, with individuals who thrive in fast-paced, changing environments and are energized by a bustling trading floor.
Prime Services Product Development is a client-facing team responsible for managing the platform serving hedge fund clients within the Securities division. The team works closely with clients, service providers and internal stakeholders like Sales, Client Services, Trading desks, Treasury, Technology, Operations, Legal and Compliance to define strategy and direction for the Prime Services platform. The platform comprises a rich web portal and trading applications that serve up tools and information that help clients manage trading, financing, securities lending, cash management, portfolio management and systematic access to the Firms resources.
We are looking for someone who is deeply inquisitive and who likes to have a thorough understanding of how things work. The applicant should be highly analytical and be prepared to tackle problems from first principles. Since the role is client facing, being presentable and personable is a must. We often face competing demands for the same Firm resources so commercial thinking and an appreciation of cost / benefit assessment will be essential.
Responsibilities
* Work closely with clients to gather feedback on the product offering and identify functionality gaps and commercial opportunities
* Work with Prime Services management to ensure product offering is in step with overall business strategy.
* Understand the hedge fund competitive landscape to innovate and drive our products forward to be best in class.
* Work with clients and 3rd party vendors to understand the development of their own products and help to integrate with GS.
* Pitch products persuasively and comprehensively to drive client adoption.
* Partner with various teams including Sales, Client Services, Stock Loan, Trading desks, Treasury, Technology, Operations, Legal and Compliance to shape product offering.
* Project management, planning, organizing and tracking of Technology developments at a high-level.
Basic Qualifications
* Bachelors Degree
* Minimum 2-5 years industry experience
* Strong analytical skills
* Strong communication and presentation skills (written and verbal)
* Proficiency in Excel and PowerPoint
Preferred Skillset
* Ability to multi-task and work independently
* Strong organizational and project management skills
* Interest in technology and ability to seek technical solutions to empower/scale the business.
Goldman Sachs
New York, New York
The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. It operates in four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.
The Institutional Client Services segment is involved in client execution activities related to making markets in cash and derivative instruments for interest rate products, credit products, mortgages, currencies, commodities, and equities; and provision of securities services comprising financing, securities lending, and other brokerage services, as well as the marketing and clearing of client transactions on various stock, options, and futures exchanges.
The Investing & Lending segment invests in and originates longer-term loans; and makes investments in debt securities and loans, public and private equity securities, and infrastructure and real estate entities, as well as provides unsecured and secured loans through its digital platforms. The Investment Management segment offers investment management services; and wealth advisory services consisting of portfolio management, financial planning and counseling, and brokerage and other transaction services. The company serves corporations, financial institutions, governments, and individuals. The Goldman Sachs Group, Inc. was founded in 1869 and is headquartered in New York, New York.
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IndustryBanking/Financial Services
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No. of Employees35,900
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Website
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Jobs Posted925
