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Product Owner

AT DTCC
DTCC

Product Owner

Jersey City, NJ

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Pay and Benefits:

  • Competitive compensation, including base pay and annual incentive
  • Comprehensive health and life insurance and well-being benefits, based on location
  • Pension / Retirement benefits
  • Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
  • DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

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The impact you will have in this role:

The Product Owner is responsible for translating the product vision into squad deliverables to achieve the product strategy aligned with improving value to the client. This is done through managing scope and product backlog in collaboration with the squad, Product Manager, clients (internal/external) and key partners. The Product Management group provides overall product development and business analysis for all initiatives within the repository and derivatives product suite. However, this role will be primarily focused on new initiatives related to the Trade Information Warehouse (TIW) product, a central derivatives' repository with record-keeping, lifecycle servicing, and industry event-processing capabilities. These initiatives will be centered around bringing to bear the latest available technologies to deliver innovative solutions and functional enhancements which improve the global post-trade processing of derivative products, improving value for our users.

Your Primary Responsibilities:
  • Translate the product vision and the roadmap into squad deliverables and release plans
  • Actively participate with other members of the delivery team (Product Manager, Product Owners, Information Architects, UX Designers, Mid-Tier Dev, UI Dev, QA Analysts and other BA's) to create solutions that meet business needs in an Agile setting (i.e., scrum ceremonies, collocated team, etc.)
  • Work with the team to decompose business initiatives into requirement epics & stories, uncover associated workflows, data and business rules as well as define acceptance criteria based on real world scenarios
  • Manage the squad's backlog:
    • Create and refine the backlog of user stories with the squad to provide the right level of detail at the right time to achieve definition of ready (preparation for development)
    • Accept or reject backlog items, according to acceptance criteria, during the sprint
    • Seek feedback from partners and clients and incorporate into future backlog items
  • Bring the voice of the client (external/internal) into the squad
  • Cultivate relationships with the Tribe Lead and key partners to identify issues, risks, and dependencies, and maintain alignment to achieve product strategy
  • Incorporate and prioritize technical work, as required, to deliver on release objectives
  • Improve product value by evaluating implementation alternatives and considering impact of changing scope on budget and estimates
  • Attend and participate in all squad meetings (example. sprint and release events)
  • Mitigate risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior
  • Foster a culture of dedication, teamwork, problem solving, and continuous improvement
  • Move projects forward by stepping into other functional roles (testing, iteration management, etc.), when applicable
  • Partner with internal customers such as Integration, the Client-Facing Documentation Team and the Client Support Team on operational readiness activities by sharing domain expertise on features and functions and uncovering operational requirements

NOTE: The Primary Responsibilities of this role are not limited to the details above.

Qualifications:
  • Minimum 8 years of related experience
  • Bachelor's degree (preferred) or equivalent experience


Talents Needed for Success:
  • Experience in Agile/scrum development methodologies and proficiency in Atlassian's JIRA (or alternative development workflow tooling)
  • Understanding of data structures and basic proficiency in SQL is preferred
  • Ability to drive creative and solution-oriented activities with all participants and partners
  • Knowledge of post-trade processes within derivatives markets (including but not limited to confirmation, clearing, settlement or portfolio optimization)
  • Ability to execute against the Product Vision and effectively translate into Product Roadmap and Backlog items to deliver the highest value
  • Knowledge of scalable, cloud-based applications or architecture a plus


The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Client-provided location(s): Jersey City, NJ, USA
Job ID: DTCC-210448
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • FSA
    • HSA With Employer Contribution
    • Long-Term Disability
    • HSA
    • Pet Insurance
    • Mental Health Benefits
  • Parental Benefits

    • On-site/Nearby Childcare
    • Adoption Assistance Program
    • Family Support Resources
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Return-to-Work Program
  • Work Flexibility

    • Hybrid Work Opportunities
    • Work-From-Home Stipend
  • Office Life and Perks

    • Casual Dress
    • Snacks
    • On-Site Cafeteria
    • Commuter Benefits Program
    • Company Outings
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K) With Company Matching
    • Performance Bonus
    • Financial Counseling
    • Pension
  • Professional Development

    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Tuition Reimbursement
    • Learning and Development Stipend
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Professional Coaching
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)
    • Unconscious Bias Training