Demo

Senior Principal Product Owner

Discover Financial Services
Riverwoods, IL Full Time
POSTED ON 7/27/2023 CLOSED ON 11/11/2023

What are the responsibilities and job description for the Senior Principal Product Owner position at Discover Financial Services?

Discover. A brighter future.

With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies.We value what makes you unique so that you have an opportunity to shine.

Come build your future, while being the reason millions of people find a brighter financial future with Discover.

Job DescriptionWhat You'll Do
  • Ensures an outcome for a product is delivered that meets the requests from stakeholders and customers. This requires a fundamental understanding of the business and its constraints (financial, marketing, compliance, legal, service, the customer environment, the technical capabilities, the user experience, etc.) in order to provide a solution that satisfies all stakeholders and customers.
  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

How You'll Do It
  • Interacts and collaborates with stakeholders on key product considerations and aligns with product vision, features and roadmap. Leverages customer insights, feedback, financials, compliance and risk data to define product features and roadmap in partnership with other SMEs.
  • Establish Key Performance Indicators (KPIs) and Objects and Key Results (OKRs) for the product team and ensure alignment with senior leadership (e.g., SPO, Dir, etc.). Creates and/or maintains key product documentation (e.g., customer journey map, technical specs, process mapping, etc.). Identifies and defines key non-functional requirements (e.g., security, availability, performance, etc.) to achieve necessary product metrics. Owns definition of Minimum Viable Product (MVP) and features/user stories for delivery product roadmap; in-line with the Objectives and Key Results (OKRs) of the greater product vision outlined by SPO and/or Business Director is the final decision maker for product scope
  • Builds product backlog, prioritizes its items to achieve Objectives and Key Results (OKRs) and continuously keeps it up to date. Holds meetings with the product team to continuously update product backlog. Ensures product features and processes align with applicable Discover compliance and risk management standards. Ensures product adheres to the highest quality standards, including releasing security patches not linked to customers.
  • Defines functional and non-functional product requirements; ensure completeness; integral and consistent; source of requirements for product team. Creates and validates user story acceptance criteria. Defines and ensures appropriate testing frameworks for product features (e.g., market testing, functional performance, etc.) Works with Data stewards in their respective LOBs to ensure required Data quality controls are identified and implemented. Inspect and evaluate product progress through each iteration.
  • Partners with business technology to create technical features that are required to continuously optimize system components and underline infrastructure maintenance.
  • Builds a culture of accountability and ownership by empowering the product team to make decisions as close to the work as possible. Manage dependencies with other team's functions while identifying, building, and managing strategic partnership across different product teams.

Qualifications You'll Need

The Basics

  • Bachelor's Degree in Business or related
  • 8 years' experience with Product, Business, Technical, or related
  • In lieu of a degree, 10 years' experience with Product, Business, Technical, or related

Bonus Points If You Have

  • Application Portfolio Management experience
  • LeanIX or equivalent experience

External applicants will be required to perform a technical interview.

#LI-SY1

What are you waiting for? Apply today!

All Discover employees place our customers at the very center of our work.To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights)


The same way we treat our employees is how we treat all applicants – with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover.

 

Staff Product Designer
Owner -
San Francisco, CA
Staff Product Manager, Consumer Experience
Owner -
San Francisco, CA
Senior Principal Product Owner
Discover Financial Services -
IL

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

Sign up to receive alerts about other jobs with skills like those required for the Senior Principal Product Owner.

Click the checkbox next to the jobs that you are interested in.

  • Concept Development Skill

    • Income Estimation: $101,074 - $145,513
  • Branding Skill

    • Income Estimation: $104,574 - $141,972
    • Income Estimation: $96,928 - $129,143
This job has expired.
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Discover Financial Services

Discover Financial Services
Hired Organization Address Chicago, IL Full Time
Principal Process Management (Consumer Data Privacy & Affiliate Marketing) With us, you’ll do meaningful work from Day 1...
Discover Financial Services
Hired Organization Address Riverwoods, IL Full Time
Discover. A brighter future. With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three ...
Discover Financial Services
Hired Organization Address Riverwoods, IL Full Time
About the Job We are seeking an experienced Application Engineer (Quality) to join our agile delivery teams. As a key me...
Discover Financial Services
Hired Organization Address Riverwoods, IL Full Time
Salary and Benefits The base pay for this position ranges from $89,000 to $150,200 per year, depending on qualifications...

Not the job you're looking for? Here are some other Senior Principal Product Owner jobs in the Riverwoods, IL area that may be a better fit.

Senior Product Analyst

Owner, San Francisco, CA

Senior Product Manager, Payments + Trust

Owner, San Francisco, CA

AI Assistant is available now!

Feel free to start your new journey!