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Federal Reserve Bank of New York

Federal Reserve Financial Services - Senior Product Owner

Federal Reserve Bank of New York, Cleveland, Georgia, United States, 30528


Federal Reserve Financial Services - Senior Product Owner

Locations: Atlanta, GA; St. Louis, MO; Cleveland, OH; Chicago, IL; Philadelphia, PATime Type: Full timePosted on: 4 Days AgoJob Requisition ID: R-0000024238Company

Federal Reserve Bank of Atlanta Federal Reserve Financial Services (FRFS) delivers a suite of payments services to financial institutions via FedLine Solutions, Fedwire, National Settlement Service (NSS), FedCash, FedACH (Automated Clearing House), Check Services, and the FedNow Service. In 2020, we undertook a strategic effort to transform FRFS from a product and support office framework to a national, enterprise-focused organization. Our North Star strategy is to offer a fully integrated product suite that provides speed, resilience, and choice in meeting the payments needs of financial institutions across the United States. We are seeking leaders to set the vision, strategy, values, and priorities that enable FRFS to achieve its mission. Our leaders must demonstrate a strategic, action-oriented mindset focused on intellectual curiosity, agility, accountability, and the ability to drive innovation through experimentation. We value the diversity of our people, ideas, and experiences and are committed to building an inclusive culture that is representative of the communities we serve. We are a dynamic hybrid workplace environment that requires at least 2 days a week in the office.Position Summary:The Product Owner (PO) will be organizationally aligned with the Fedwire Funds business line supporting Product Management and is a member of the technology solution delivery teams. Product Owners translate business wants and needs into a prioritized set of requirements by conducting business process analysis, needs assessments, and preliminary cost/benefits analyses to align with a robust information technology roadmap. They manage and prioritize the team’s backlog accordingly and lead their respective Agile team in delivering important customer/stakeholder outcomes.Key Responsibilities:Continuously learn about the customer, their business needs, and contribution of the product to their desired outcomes.Work with the Lead Product Owner and Product Management to communicate and reinforce the vision, goals, and product roadmap.Possess enough business and technical knowledge about the product to engage in team discussions.Work closely with architecture, engineering, and quality assurance to ensure the right customer problem is solved.Communicate with both technical and business stakeholders to understand and gather requirements.Decompose and prioritize epics/features into user stories and define detailed test acceptance criteria.Ensure technology-driven and risk-remediation requirements are prioritized.Support the team as a subject matter expert representing the business.Determine if the work done to complete a story met success criteria.Assist in the analysis of defects and enhancements to determine severity and priority.Contribute to discussions on risks, dependencies, issues, and schedule updates.Ensure agreement on actions to address dependencies between broader FRFS teams.Present working software to stakeholders at team and system demos.Prepare innovative product proposals and messaging for product forums.Utilize data and feedback to make informed decisions and continuously improve the product.Actively monitor product-specific OKRs and manage to targets with stakeholders.Contribute to the elaboration and advancement of the roles and responsibilities for this position.Actively promote Agile behaviors within business and technology.Education:

Bachelor’s degree in computer science, information technology or any technical related field, or equivalent work experience.Experience:

7 - 10 years of related experience. Background in financial services industry, understanding of domestic & cross border payment systems.Qualifications:Certified Scrum Product Owner (CSPO) or SAFe Product Owner, preferably Advanced level.Recent JIRA experience, highly desirable.Individual Competencies:Ability to bridge the business/IT divide.Strong understanding of business requirement development and analysis.Effective problem solver with ability to identify challenges.Ability to work independently with minimal oversight.Strong teamwork, leadership, critical thinking, multitasking, and time management skills.Ability to develop deep subject matter expertise for specific products.Ability to understand and resolve blockers and delivery risk quickly.Excellent written and verbal communication skills.Our

total

rewards program offers

benefits

that are the best fit for you at every stage of your career:Comprehensive healthcare options (Medical, Dental, and Vision)401K match, and a fully funded pension planPaid vacation and holidays, flexible work environmentGenerously subsidized public transportationAnnual tuition reimbursementProfessional development programs, training, and conferencesAnd more…This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job.The Federal Reserve Bank of Atlanta is an equal opportunity employer.

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