What are the responsibilities and job description for the Product Owner II position at CoBank?
Benefits Overview:
Job Description:
CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.
REASONABLE ACCOMMODATION
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
CoBank is an Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.
A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!
Remarkable Benefits Offered by CoBank
- Careers with a purpose.
- Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
- Competitive Compensation & Incentive
- Hybrid work model: flexible arrangements for most positions
- Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
- Robust associate training and development with CoBank University
- Tuition reimbursement for higher education up to $10K
- Outstanding 401k: up to 6% matching and additional 3% non-elective contribution
- Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
- Associate Resource Groups: creating a culture of respect and inclusion
- Recognize a fellow associate through our GEM awards
Job Description:
Responsible for supporting the Product Manager in the execution and delivery of CoBank's capabilities, customer and associate experiences. Partners and develops relationships with stakeholders to align with business strategy and quickly respond to opportunities. Effectively prioritizes the Agile Team backlog, within the SAFe Agile framework, to deliver the most valuable initiatives for the Bank and its customers. Is responsible for building the backlog of work deliverables in Azure Dev Ops by decomposing prioritized Features into the detailed User Stories for their Agile delivery team. In partnership with the Product Manager and Scrum Master, identifies, assesses, arbitrates and resolves conflicts and/or variances between functional group sub-processes and customer requirements. Oversees work process standardization, documentation, optimization and scalability.
Essential Functions:
1. Arranges with Product Manager the planning and delivery of key themes, through translating and decomposing Features and User Stories. Consults with Agile Delivery teams to organize and prioritize work efforts through Planning Intervals (PI).
2. Strategically delivers Agile team PI objectives with business outcomes and success metrics, design thinking, customer feedback and competitive analysis for enterprise wide solutions.
3. Develops solutions and provides to Product Manager in the identification and establishment of the desired future state, development of a strategic roadmap relating to E2E processes, data, supporting features & functionality, controls required to ensure dependability, scalability and defensibility. Works with limited guidance of Product Manager to communicate desired future state across relevant CoBank departments, functional and sub-process groups.
4. Develops user stories with limited guidance of Product Manager for the product capabilities, working directly with the delivery teams to deliver value.
5. Works under limited guidance of Product Manager across team to ascertain, review and address the effectiveness and optimization challenges, and works with business unit leadership and across the governance structure to mitigate and resolve risks and issues.
6. Interfaces with 3rd party vendors and contractors, where required, to deliver necessary pieces of our technical product with time-to-market excellence.
7. Collaborates cross-functionally to coordinate and manage resources and activities maximizing impact and overall return on investment.
8. Understands the market and farm credit’s niche landscape in order to maintain competitiveness. Ensures product compliance with bank policies and regulatory standards. Has awareness regarding competition, best practices and benchmarks.
Education:
2. Strategically delivers Agile team PI objectives with business outcomes and success metrics, design thinking, customer feedback and competitive analysis for enterprise wide solutions.
3. Develops solutions and provides to Product Manager in the identification and establishment of the desired future state, development of a strategic roadmap relating to E2E processes, data, supporting features & functionality, controls required to ensure dependability, scalability and defensibility. Works with limited guidance of Product Manager to communicate desired future state across relevant CoBank departments, functional and sub-process groups.
4. Develops user stories with limited guidance of Product Manager for the product capabilities, working directly with the delivery teams to deliver value.
5. Works under limited guidance of Product Manager across team to ascertain, review and address the effectiveness and optimization challenges, and works with business unit leadership and across the governance structure to mitigate and resolve risks and issues.
6. Interfaces with 3rd party vendors and contractors, where required, to deliver necessary pieces of our technical product with time-to-market excellence.
7. Collaborates cross-functionally to coordinate and manage resources and activities maximizing impact and overall return on investment.
8. Understands the market and farm credit’s niche landscape in order to maintain competitiveness. Ensures product compliance with bank policies and regulatory standards. Has awareness regarding competition, best practices and benchmarks.
- Bachelor's Degree required
3 years of experience with Platform/ Program/ Product Management/ Consulting, required
3 years of experience in the financial services or payments industry, required
SAFe POPM and SAFe APM certification
Experience working with Technology, Data, UX/UI
Using narratives to convey complex ideas and inspire action.
Experience with collecting and analyzing data through user research, usability testing, and other quantitative and qualitative approaches.
Working knowledge in using analytics tools to measure key performance indicators (KPIs) related to user engagement, conversion rates, and overall product success.
Experience with conversion rates, bounce rates, engagement metrics, and more.
Experience with conducting A/B tests to compare different design versions with user groups and determine which performs better.
Physical Exertion Details:
3 years of experience in the financial services or payments industry, required
SAFe POPM and SAFe APM certification
Experience working with Technology, Data, UX/UI
Using narratives to convey complex ideas and inspire action.
Experience with collecting and analyzing data through user research, usability testing, and other quantitative and qualitative approaches.
Working knowledge in using analytics tools to measure key performance indicators (KPIs) related to user engagement, conversion rates, and overall product success.
Experience with conversion rates, bounce rates, engagement metrics, and more.
Experience with conducting A/B tests to compare different design versions with user groups and determine which performs better.
Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
About CoBank:
The typical base pay range for this role is between $98,500 - $121,180. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.
The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.
CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.
REASONABLE ACCOMMODATION
We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
CoBank is an Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.
Salary : $98,500 - $121,180