Product Owner - Tech Delivery - GBS IND

Job Description:

About Us

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence, and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview:

Reference Data Technology is responsible for the strategy, sourcing, maintenance, and distribution of Reference Data across the Bank. It is also responsible for Global Markets Client Onboarding, Reg W, and FMU Reporting. Reference Data comprises 3 main categories - Client, Instrument and Book. Reference Data Technology is a provider of data for Front to Back Flows, Enterprise Supply Chain, Risk, Banking, GWIM and Compliance. PME and Bookmap are the firm's Authorized Data Sources for Instrument and Book data. Cesium is the System of Record for Client data in Global Markets. Some of the data domains include but are not limited to:

• Client Counterparty: Organizations, Individuals, Prospects, Contacts

• Client Accounts & SSIs: Cash, Derivatives, Processing

• Book: trading Books, Subledgers, Volcker classifications

• Instruments: Listed Products, Cleared Products, EOD Pricing, Holiday Calendars

Job Description

This role is responsible for maximizing the value for a product. Key responsibilities include defining the vision and roadmap for the product, defining and prioritizing stories in the product backlog, and articulating this to both stakeholders and the development team. This role works closely with stakeholders to understand their needs, and with the Product Manager in a scaled Agile model, to ensure there is alignment. They are developing in the role of a Product Owner, possessing a working knowledge of the product, and basic understanding of the business or technology domain.

Responsibilities:

Requirements analysis Create the vision and roadmap for the product to align with strategic direction for the business or technology domain. Communicate the product vision and roadmap to stakeholders and the team. Collaborate with stakeholders to understand their needs and problems. Create and prioritize work for a team, learning to collaborate with cross-functional teams. Create and prioritize stories in the product backlog. Backlog story refinement Review and accept stories and make on-the-spot decisions regarding scope and requirements. Work in partnership with the team to ensure that optimum value is obtained through technology and through an advanced understanding of the business.