Asset & Wealth Management, ETF Product Strategy & Development, Vice President, New York

Goldman Sachs
Full-time•New York, United States

šŸ“ Job Overview

Job Title: Vice President, ETF Product Strategy & Development

Company: Goldman Sachs

Location: New York, New York, United States

Job Type: Full-Time

Category: Product Strategy & Development (Asset & Wealth Management)

Date Posted: March 25, 2026

Experience Level: 5-10 years

Remote Status: On-site

šŸš€ Role Summary

  • Spearhead the end-to-end product lifecycle for Exchange Traded Funds (ETFs), encompassing design, development, launch, and ongoing oversight within Goldman Sachs Asset Management (GSAM).

  • Drive strategic product initiatives by partnering with internal teams and external partners to identify and execute on new ETF ideas that align with investment capabilities, client demand, and commercial objectives.

  • Develop and deliver compelling ETF product proposals and strategic updates to senior management, boards, and governance committees, ensuring alignment and buy-in.

  • Provide technical project management for ETF product structuring, modifications, and conversion opportunities, coordinating infrastructure requirements across multiple departments.

  • Continuously monitor industry trends, regulatory changes, and competitive landscapes to ensure the ETF product suite remains competitive, compliant, and well-positioned for commercial growth.

šŸ“ Enhancement Note: This role is situated within the Asset & Wealth Management division, specifically focusing on ETF Product Strategy & Development. The "Vice President" title indicates a mid-to-senior level position requiring significant experience and strategic input, likely involving cross-functional leadership and direct impact on the firm's product offerings. The emphasis on "end-to-end product design, development, launch and ongoing oversight" signifies a comprehensive product management responsibility.

šŸ“ˆ Primary Responsibilities

  • Execute the strategic roadmap for ETFs, driving product innovation from conception through to post-launch management.

  • Lead the technical project management for new ETF product design, structuring, and modifications to existing products, ensuring seamless integration with firm capabilities.

  • Collaborate with investment teams, capital markets, distribution, legal, tax, compliance, fund services, finance, and operations to define and implement infrastructure needs for ETF initiatives.

  • Develop and present comprehensive ETF product proposals, strategic platform updates, and business cases to senior management, internal governance committees, and regulatory bodies.

  • Conduct in-depth competitive intelligence analysis to differentiate product positioning, identify market opportunities, and inform go-to-market strategies for new and existing ETFs.

  • Ensure ongoing product management and compliance by staying abreast of evolving regulations, tax implications, and industry best practices.

  • Partner with Innovator Capital and other key stakeholders to prioritize and efficiently launch new ETF products that address meaningful client demand and leverage GSAM's investment expertise.

  • Evaluate and identify opportunities for ETF conversions and optimizations to enhance product competitiveness and commercial viability.

šŸ“ Enhancement Note: The responsibilities highlight a blend of strategic thinking, technical project management, and cross-functional collaboration. The role requires not only conceptualizing new products but also managing the intricate details of their implementation and ongoing lifecycle, necessitating strong stakeholder management and a deep understanding of the ETF ecosystem.

šŸŽ“ Skills & Qualifications

Education:

  • Bachelor's degree required.

Experience:

  • Minimum of 5 years of experience in the financial industry.

  • Specific and in-depth experience in ETF structuring, product management, and development is mandatory.

Required Skills:

  • ETF Industry Expertise: In-depth knowledge of ETF mechanics, vehicle structures, infrastructure requirements, and client channels (wealth, institutional, consultants, etc.).

  • Product Lifecycle Management: Demonstrated ability to manage the end-to-end product lifecycle, from ideation and design to development, launch, and ongoing oversight.

  • Project Management: Strong technical project management skills with the ability to manage complex initiatives, timelines, and resources effectively.

  • Cross-functional Collaboration: Proven ability to work effectively with diverse teams across investment, legal, compliance, operations, distribution, and finance.

  • Communication Skills: Excellent written and verbal communication skills, with a demonstrated ability to articulate complex technical concepts clearly and concisely to various audiences.

  • Financial Acumen: Solid understanding of financial markets, investment strategies, and product development within asset management.

  • Microsoft Office Proficiency: High level of proficiency in Microsoft Excel for data analysis and financial modeling, and Microsoft PowerPoint for presentations and proposal development.

  • Regulatory Awareness: Familiarity with regulatory and governance requirements pertaining to investment products.

Preferred Skills:

  • Strategic Thinking: Ability to develop and articulate strategic product roadmaps and identify market opportunities.

  • Commercial Acumen: Strong commercial perspective to drive product initiatives that address client demand and commercial growth.

  • Data Analysis: Experience with industry data vendors and operating models for evaluating market trends and product performance.

  • Licensing: SIE (Securities Industry Essentials), Series 7, and Series 63 licenses are required and will be sponsored by the firm if not already completed.

šŸ“ Enhancement Note: The educational and licensing requirements are clearly defined. The emphasis on "in-depth knowledge of the ETF industry" and "ETF structuring" points to a specialized role. The preference for CFA/MBA suggests a desire for candidates with advanced analytical and strategic capabilities, crucial for product strategy and development.

šŸ“Š Process & Systems Portfolio Requirements

Portfolio Essentials:

  • Product Development Case Studies: Showcase examples of ETF products designed, developed, or launched, detailing the problem statement, proposed solution, development process, and outcomes.

  • Strategic Roadmaps: Present examples of strategic plans or roadmaps developed for product lines or new initiatives, demonstrating foresight and market understanding.

  • Project Management Documentation: Include samples of project plans, timelines, stakeholder matrices, or risk assessments for complex financial product development projects.

  • Market Analysis & Competitive Intelligence: Provide examples of market research, competitive analyses, or positioning strategies developed for financial products.

  • Technical Specifications: Demonstrate the ability to translate business requirements into technical specifications for product implementation, particularly concerning fund structures and infrastructure.

Process Documentation:

  • Product Design & Structuring: Documented processes for evaluating new product ideas, conducting feasibility studies, and structuring investment vehicles to meet regulatory and client needs.

  • Go-to-Market Planning: Processes for developing and executing launch plans, including collaboration with distribution, marketing, and sales teams.

  • Product Oversight & Compliance: Established procedures for ongoing product management, performance monitoring, regulatory compliance checks, and risk mitigation.

  • Stakeholder Management Frameworks: Methodologies for engaging and managing diverse stakeholders throughout the product lifecycle, ensuring alignment and efficient decision-making.

šŸ“ Enhancement Note: For a role focused on product strategy and development, a portfolio demonstrating a tangible impact on product creation and management is critical. Candidates should be prepared to articulate their involvement in the entire product lifecycle, from strategic conception to execution and ongoing management, highlighting process, problem-solving, and successful outcomes.

šŸ’µ Compensation & Benefits

Salary Range:

Based on industry benchmarks for a Vice President in ETF Product Strategy & Development at a leading financial institution like Goldman Sachs in New York City, the estimated annual base salary range is typically between $170,000 and $250,000. This range can vary based on the candidate's specific experience, qualifications, and performance during the interview process. Additional compensation may include bonuses and other incentives.

Benefits:

  • Comprehensive Health Coverage: Medical, dental, and vision insurance plans.

  • Retirement Savings Plans: 401(k) plan with company match and other retirement savings options.

  • Performance-Based Bonuses: Annual bonus opportunities tied to individual and firm performance.

  • Stock Options/Grants: Potential for equity awards as part of overall compensation.

  • Professional Development: Support for ongoing education, certifications (e.g., CFA), and industry conferences.

  • Paid Time Off: Generous vacation, sick leave, and holiday policies.

  • Life and Disability Insurance: Coverage to protect employees and their families.

  • Employee Assistance Program (EAP): Confidential counseling and support services.

  • Commuter Benefits: Assistance with transportation costs to and from the office.

Working Hours:

The standard working hours are typically 40 hours per week, but the role may require longer hours, especially during product launch periods or when managing complex projects. Flexibility is often expected given the demanding nature of the financial industry and the global scope of product development.

šŸ“ Enhancement Note: Salary estimates are based on current market data for Vice President-level roles in financial product development in New York City, considering the prestige and compensation structure of firms like Goldman Sachs. Benefits are standard for large financial institutions and are tailored to support employee well-being and professional growth.

šŸŽÆ Team & Company Context

šŸ¢ Company Culture

Industry: Financial Services, Asset Management, Wealth Management, Investment Banking.

Company Size: Over 10,000 employees. Goldman Sachs is a global leader in investment banking, securities, investment management, and consumer banking.

Founded: 1869. With a long history, Goldman Sachs has established a reputation for excellence, innovation, and a strong client focus.

Team Structure:

  • The Global Product Strategy team is integrated within Asset & Wealth Management, comprising Product Development, Product Strategy & Research, and ETF Product Strategy & Development.

  • This team collaborates closely with the broader Asset Management's Client Solutions Group and Public Investing organizations.

  • The ETF Product Strategy & Development team operates globally, with a key presence in New York for the Americas region.

Methodology:

  • Data-Driven Decision Making: Emphasis on leveraging market data, client insights, and competitive intelligence to shape product strategy and development.

  • Strategic Planning & Execution: A structured approach to defining product roadmaps, prioritizing initiatives, and managing complex projects through to completion.

  • Risk Management & Compliance: Robust processes to ensure all product development adheres to strict regulatory, governance, and legal requirements.

  • Cross-Functional Collaboration: A culture of partnership, encouraging close working relationships with investment teams, distribution, legal, and operations to achieve shared goals.

Company Website: https://www.goldmansachs.com/

šŸ“ Enhancement Note: Goldman Sachs is renowned for its high-performance culture, intellectual rigor, and commitment to client service. The operations and product development teams are expected to be highly analytical, detail-oriented, and driven by a strong work ethic, operating within a structured and regulated environment.

šŸ“ˆ Career & Growth Analysis

Operations Career Level: Vice President. This level signifies a leadership role with significant responsibility for strategic initiatives and execution. It requires seasoned professionals capable of managing complex projects, mentoring junior team members, and influencing senior stakeholders.

Reporting Structure: The role reports to a senior leader within ETF Product Strategy & Development, likely an Executive Director or Managing Director. Collaboration extends across various internal departments (Investment Teams, Legal, Compliance, Distribution, Operations) and external partners (Innovator Capital).

Operations Impact: This role directly influences the strategic direction and product offerings of Goldman Sachs' ETF business. Successful product launches and ongoing management contribute significantly to asset growth, revenue generation, and market positioning within the competitive ETF landscape. The role is pivotal in translating investment capabilities into client-centric, commercially viable products.

Growth Opportunities:

  • Leadership Advancement: Potential to progress to senior leadership roles (e.g., Executive Director, Managing Director) within Product Strategy, ETF Development, or broader Asset Management.

  • Specialization: Deepen expertise in specific ETF structures, asset classes, or market segments, becoming a recognized subject matter expert.

  • Cross-Functional Mobility: Opportunities to move into related areas such as investment strategy, client solutions, or business management within GSAM.

  • Global Exposure: Potential to engage with global teams and contribute to international product initiatives.

  • Continuous Learning: Access to internal training, external certifications, and industry events to stay at the forefront of ETF innovation and market trends.

šŸ“ Enhancement Note: The Vice President title at Goldman Sachs suggests a clear path for career progression, emphasizing leadership development and increasing strategic influence. The role offers opportunities to become a key architect of the firm's ETF strategy, with potential for significant impact and advancement.

🌐 Work Environment

Office Type: This is an on-site role, indicating a traditional office-based work environment within Goldman Sachs' New York City offices. The environment is expected to be professional, collaborative, and fast-paced.

Office Location(s): New York, New York. Specific office building details would be provided upon offer.

Workspace Context:

  • Collaborative Spaces: The office likely features a mix of individual workspaces and meeting rooms designed for team collaboration, client presentations, and brainstorming sessions.

  • Technology-Rich Environment: Access to advanced financial data terminals, high-speed trading platforms, and robust internal systems and communication tools.

  • Professional Networking: Opportunities to interact with a diverse group of highly skilled professionals across various divisions of Goldman Sachs.

Work Schedule: While the standard is 40 hours per week, the demanding nature of financial product development and global markets often necessitates longer hours, particularly during critical project phases, product launches, or market events. Flexibility and a commitment to meeting deadlines are paramount.

šŸ“ Enhancement Note: An on-site role at a firm like Goldman Sachs implies a structured, professional setting focused on collaboration and access to firm resources. The expectation for longer hours reflects the industry standard for high-impact roles in finance.

šŸ“„ Application & Portfolio Review Process

Interview Process:

  1. Initial Screening: HR or recruiter conducts a preliminary review of applications and conducts an initial phone screen to assess basic qualifications and cultural fit.

  2. Hiring Manager Interview: A detailed discussion with the hiring manager (likely a senior member of the ETF Product Strategy team) to delve into experience, technical skills, and strategic thinking related to ETF product development.

  3. Panel Interviews: Multiple interviews with key stakeholders from different departments (e.g., Investment Management, Legal, Compliance, Distribution, Capital Markets) to assess cross-functional collaboration capabilities and comprehensive understanding of the ETF ecosystem.

  4. Case Study/Presentation: Candidates may be asked to prepare and present a case study on a specific ETF product idea, market analysis, or strategic proposal, demonstrating their analytical, strategic, and presentation skills.

  5. Final Round: Interviews with very senior leadership to evaluate strategic alignment, leadership potential, and overall fit with the firm's culture and long-term vision.

Portfolio Review Tips:

  • Quantify Impact: For each project in your portfolio, clearly articulate the specific problem solved, your role, the process followed, and quantifiable results (e.g., assets under supervision, market share, revenue impact, efficiency gains).

  • Structure for Clarity: Organize your portfolio logically, perhaps by product type, project phase, or skill demonstrated. Use clear headings and concise descriptions.

  • Highlight Process: Detail the methodologies and processes you employed in product design, development, and management. Emphasize your ability to navigate complex regulatory and operational landscapes.

  • Showcase Strategic Thinking: Include examples that demonstrate your ability to identify market opportunities, develop strategic product roadmaps, and position products effectively.

  • Tailor to the Role: Emphasize experience most relevant to ETF structuring, product lifecycle management, and cross-functional collaboration, as outlined in the job description.

Challenge Preparation:

  • ETF Market Knowledge: Be prepared to discuss current trends in the ETF industry, competitive positioning, regulatory changes (e.g., SEC proposals), and emerging product types.

  • Product Development Scenarios: Anticipate questions about how you would approach designing a new ETF for a specific market need or how you would address a decline in AUM for an existing product.

  • Stakeholder Management: Practice articulating how you would manage conflicting priorities or gain buy-in from various departments with different objectives.

  • Technical Proficiency: Be ready to discuss your experience with financial modeling in Excel and creating impactful presentations in PowerPoint, potentially solving a hypothetical problem on the spot.

šŸ“ Enhancement Note: The interview process at a firm like Goldman Sachs is rigorous. A strong portfolio that demonstrates a deep understanding of the ETF product lifecycle, strategic thinking, and successful execution, along with preparation for case studies and scenario-based questions, will be crucial for success.

šŸ›  Tools & Technology Stack

Primary Tools:

  • Microsoft Excel: Advanced proficiency for financial modeling, data analysis, scenario planning, and product performance tracking.

  • Microsoft PowerPoint: Essential for creating compelling product proposals, strategic presentations, and reporting to senior management and governance committees.

  • Financial Data Platforms: Familiarity with industry data providers and terminals such as Bloomberg Terminal, Refinitiv Eikon, or FactSet for market research, competitive analysis, and product performance benchmarking.

  • Project Management Software: Experience with tools like Jira, Asana, or Microsoft Project for tracking project timelines, tasks, and dependencies.

Analytics & Reporting:

  • Internal GSAM Systems: Proficiency with proprietary Goldman Sachs systems for product data management, performance reporting, and client analytics.

  • Business Intelligence Tools: Familiarity with BI tools (e.g., Tableau, Power BI) for creating dashboards and visualizing product performance and market trends, though internal tools may be primary.

CRM & Automation:

  • CRM Systems: Experience with CRM platforms (e.g., Salesforce) for understanding client segments, distribution channels, and go-to-market strategies, though direct use may be less frequent for this role.

  • Internal Workflow Tools: Familiarity with internal company tools for managing workflows, approvals, and interdepartmental communication.

šŸ“ Enhancement Note: The emphasis on Microsoft Excel and PowerPoint, alongside industry-standard financial data platforms, highlights the analytical and presentation-heavy nature of this role. Familiarity with project management tools is also key for managing complex development cycles.

šŸ‘„ Team Culture & Values

Operations Values:

  • Integrity and Excellence: Upholding the highest ethical standards and striving for superior performance in all aspects of product development and management.

  • Client Focus: Prioritizing client needs and delivering value through innovative and well-structured investment products.

  • Collaboration: Fostering a team-oriented environment where cross-functional input and support are actively sought and provided.

  • Innovation: Encouraging creative thinking and the development of new product ideas that address evolving market demands and client opportunities.

  • Discipline and Rigor: Applying a disciplined approach to product design, regulatory compliance, and risk management.

Collaboration Style:

  • Partnership-Oriented: Working closely with investment teams to understand capabilities, legal and compliance to ensure regulatory adherence, distribution to align with market needs, and operations to ensure efficient product delivery.

  • Proactive Communication: Maintaining open and transparent communication channels to keep all stakeholders informed of progress, potential issues, and strategic updates.

  • Data-Informed Discussions: Utilizing data and analytical insights to drive discussions and decision-making processes within the team and with cross-functional partners.

šŸ“ Enhancement Note: Goldman Sachs' core values of integrity, client focus, and excellence are deeply embedded in its culture. The operations and product teams are expected to embody these values through rigorous processes, collaborative efforts, and a commitment to delivering high-quality investment solutions.

⚔ Challenges & Growth Opportunities

Challenges:

  • Navigating Regulatory Complexity: Staying current with rapidly evolving global ETF regulations and ensuring all products meet stringent compliance standards.

  • Intense Market Competition: Differentiating products in a crowded ETF market and identifying unique value propositions that attract client assets.

  • Balancing Innovation and Risk: Developing novel ETF structures while meticulously managing associated risks and ensuring operational feasibility.

  • Cross-Functional Alignment: Effectively managing diverse stakeholder interests and priorities across multiple departments to drive product initiatives forward.

  • Pace of Change: Adapting to dynamic market conditions, technological advancements, and evolving client preferences in the ETF space.

Learning & Development Opportunities:

  • Advanced Product Structuring: Deepening expertise in complex ETF vehicles, including active ETFs, semi-transparent ETFs, and thematic products.

  • Market Strategy & Analytics: Developing advanced skills in market analysis, competitive intelligence, and strategic product positioning.

  • Leadership Development: Gaining experience in managing teams, influencing senior stakeholders, and driving strategic initiatives through formal training and hands-on experience.

  • Industry Certifications: Pursuing or maintaining professional designations like CFA, or specialized certifications in product management or financial regulation.

  • Networking: Building a strong professional network within the firm and across the broader financial industry.

šŸ“ Enhancement Note: This role presents opportunities to tackle significant challenges in a leading financial institution, fostering substantial professional growth and specialization within the dynamic ETF industry.

šŸ’” Interview Preparation

Strategy Questions:

  • "Describe a successful ETF product you helped develop or manage. What were the key challenges, your specific contributions, and the ultimate impact?" (Focus on your process, problem-solving, and results.)

  • "How would you approach designing a new ETF to capture market share in the [specific asset class, e.g., sustainable investing] space?" (Assess strategic thinking, market understanding, and product design.)

Company & Culture Questions:

  • "Why are you interested in working for Goldman Sachs, and specifically in ETF Product Strategy & Development?" (Demonstrate research into the firm and role.)

  • "Describe a time you had to work collaboratively with a team with competing priorities. How did you achieve alignment?" (Assess teamwork and interpersonal skills.)

Portfolio Presentation Strategy:

  • Executive Summary: Begin with a concise overview of your most impactful projects, highlighting key achievements.

  • Problem-Solution-Result Framework: For each case study, clearly articulate the challenge, your proposed solution and process, and the measurable outcomes.

  • Visual Aids: Use clear, professional slides (PowerPoint) to illustrate complex concepts, market data, and product structures.

  • Focus on Your Role: Clearly define your specific contributions and leadership within each project.

  • Anticipate Questions: Be prepared to answer detailed questions about your methodologies, decision-making process, and the technical aspects of the products presented.

šŸ“ Enhancement Note: Preparation should focus on demonstrating a deep understanding of ETFs, strategic product thinking, robust project management skills, and the ability to navigate complex stakeholder environments, all within the context of Goldman Sachs' high standards.

šŸ“Œ Application Steps

To apply for this Vice President, ETF Product Strategy & Development position at Goldman Sachs:

  • Submit your application through the provided Oracle Cloud portal link.

  • Portfolio Customization: Curate a portfolio that specifically highlights your experience in ETF structuring, product design, development, and launch. Include case studies that demonstrate strategic thinking, technical project management, and cross-functional collaboration, quantifying results where possible.

  • Resume Optimization: Tailor your resume to emphasize keywords from the job description, such as "ETF structuring," "product development," "strategic roadmap," "project management," and "stakeholder management." Quantify achievements to showcase impact.

  • Interview Preparation: Practice articulating your experience using the STAR method (Situation, Task, Action, Result). Prepare to discuss current ETF market trends, regulatory landscapes, and potential product strategies. Rehearse your portfolio presentation thoroughly.

  • Company Research: Deeply research Goldman Sachs' Asset & Wealth Management division, its current ETF offerings, and its strategic priorities. Understand the firm's culture, values, and commitment to innovation and client service.

āš ļø Important Notice: This enhanced job description includes AI-generated insights and operations industry-standard assumptions. All details should be verified directly with the hiring organization before making application decisions.

Application Requirements

Candidates must have a Bachelor's degree (CFA or MBA preferred) and over 5 years of financial industry experience, specifically including ETF structuring. Required licenses include SIE, Series 7, and Series 63, along with in-depth knowledge of the ETF industry, strong communication skills, and proficiency in project management and Microsoft Office.