Goldman Sachs Bank AG
Transaction Banking, Product Manager, Pricing Strategy, Vice President
Goldman Sachs Bank AG, New York, New York, us, 10261
Overview
Transaction Banking, Product Manager, Pricing Strategy, Vice President location_on New York, New York, United States
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 are a team of diverse experts helping our clients to build the future of their Treasury.
Job Summary The Transaction Banking (TxB) Pricing Manager is responsible for developing, implementing, and managing pricing strategy across all TxB products and client segments. This role ensures that pricing framework, approval workflows and fee schedules are effectively maintained, aligned with market intelligence and support TxB's commercial objectives. This role will also oversee revenue management and profitability analytics ensuring data driven recommendations that optimize both client value and business performance.
Responsibilities
Lead efforts in identifying billing and pricing needs across TxB suite of products and across target client segments.
Design and develop robust pricing models, tools and approval workflows that align with business strategy and risk appetite
Evaluate and recommend re-pricing opportunities to maximize profitability and market competitiveness
Lead and coordinate the TxB Pricing forum, ensuring effective decision making and documentation. Additionally, manage stakeholders, coordinate minutes and escalations, and follow ups including monitoring of approved deals and submissions.
Develop clear pricing approval process and maintain an efficient audit trail for transparency and compliance
Prepare and distribute pricing communications, pricing policy updates, and notification to relevant internal and external stakeholders.
Conduct on-going market research and competitive analysis to maintain high-quality intelligence on pricing trends and competitor offerings.
Provide insight to senior management on product profitability and pricing. Provide analytical support for strategic and tactical decision making and actions, including emerging opportunities, pricing innovations and market shifts
Support client pricing negotiation and special deal structing, as needed. Deliver clear communication on pricing changes, rationale and impacts across internal teams and client channels
Qualifications
Minimum of 10 yrs with wholesale or transaction banking. Knowledgeable of transaction banking products
Prior experiences in Pricing and workflow management tools
Understand economic drivers of treasury services including ECR, Fee income and NIM etc.
Detail oriented with the ability to digest complex information to inform decisions.
Proven track record of building frameworks, running forums/committees and ensuring stakeholder engagement.
Strong analytical and problem solving skills
Self motivated with the ability to prioritize and work independently as well as in a team environment
Creative and inquisitive mind that challenges status quo and conventional wisdom
Strong interpersonal and clear communication skills
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 are 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., 2025. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Salary Range The expected base salary for this New York, New York, United States-based position is $125000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
#J-18808-Ljbffr
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 are a team of diverse experts helping our clients to build the future of their Treasury.
Job Summary The Transaction Banking (TxB) Pricing Manager is responsible for developing, implementing, and managing pricing strategy across all TxB products and client segments. This role ensures that pricing framework, approval workflows and fee schedules are effectively maintained, aligned with market intelligence and support TxB's commercial objectives. This role will also oversee revenue management and profitability analytics ensuring data driven recommendations that optimize both client value and business performance.
Responsibilities
Lead efforts in identifying billing and pricing needs across TxB suite of products and across target client segments.
Design and develop robust pricing models, tools and approval workflows that align with business strategy and risk appetite
Evaluate and recommend re-pricing opportunities to maximize profitability and market competitiveness
Lead and coordinate the TxB Pricing forum, ensuring effective decision making and documentation. Additionally, manage stakeholders, coordinate minutes and escalations, and follow ups including monitoring of approved deals and submissions.
Develop clear pricing approval process and maintain an efficient audit trail for transparency and compliance
Prepare and distribute pricing communications, pricing policy updates, and notification to relevant internal and external stakeholders.
Conduct on-going market research and competitive analysis to maintain high-quality intelligence on pricing trends and competitor offerings.
Provide insight to senior management on product profitability and pricing. Provide analytical support for strategic and tactical decision making and actions, including emerging opportunities, pricing innovations and market shifts
Support client pricing negotiation and special deal structing, as needed. Deliver clear communication on pricing changes, rationale and impacts across internal teams and client channels
Qualifications
Minimum of 10 yrs with wholesale or transaction banking. Knowledgeable of transaction banking products
Prior experiences in Pricing and workflow management tools
Understand economic drivers of treasury services including ECR, Fee income and NIM etc.
Detail oriented with the ability to digest complex information to inform decisions.
Proven track record of building frameworks, running forums/committees and ensuring stakeholder engagement.
Strong analytical and problem solving skills
Self motivated with the ability to prioritize and work independently as well as in a team environment
Creative and inquisitive mind that challenges status quo and conventional wisdom
Strong interpersonal and clear communication skills
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 are 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., 2025. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
Salary Range The expected base salary for this New York, New York, United States-based position is $125000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
#J-18808-Ljbffr