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Product Owner- Financial Risk Management

Nityo Infotech Corporation
Chicago, IL Full Time
POSTED ON 4/15/2025 CLOSED ON 4/18/2025

What are the responsibilities and job description for the Product Owner- Financial Risk Management position at Nityo Infotech Corporation?

Job Details

The resource will be responsible for maximizing the value of the Products delivered to our stakeholders by representing business interests, working with our technology teams to determine requirements, creating a product roadmap for development, and prioritizing the work. The Product Owner will work in a hybrid agile methodology collaborating with cross-functional teams. The Product Owner must ensure that the technology teams understand and are aligned with the Product vision and that Client leadership is kept aware of Product progress and status.

Stakeholder Engagement and Management

  • Be a primary point of contact for Financial Risk Management and other stakeholders regarding the product backlog and product development
  • Work with internal and external stakeholders to understand their needs and ensure that they are reflected in the product backlog
  • Maintain direct communications with senior and middle management
  • Coordinate preparation of materials for Management Committee, Board of Directors and Regulatory meetings as needed

Product Leadership

  • Understand regulatory requirements and drivers impacting development goals and plans
  • Evaluate product changes and recommend needed process and system changes
  • Collaborate with cross-functional teams to define and prioritize the product backlog
  • Refine the product backlog to ensure that it is ready for development
  • Seek to optimize product delivery in the most cost-effective manner

Product Delivery

  • Collaborate with technology partners and teams to drive strategic plans for Client's system development, integration and deployment
  • Work with the Project Owners/Managers, Technology Lead, and Scrum Master to ensure that the teams are following the hybrid agile methodology and that any issues are addressed in a timely manner
  • Collaborate with Model Risk Management and Quantitative Risk Management staff to ensure all models and methodologies are appropriately validated as part of any change management or annual validation activities

Product Integrity

  • Ensure that the product backlogs are transparent, visible, and understood by all stakeholders
  • Ensure there is a clear traceability of requirements to deliverables
  • Ensure the product complies with all non-functional requirements
  • Comply with all product delivery controls and procedures

Quality Management

  • Continuously monitor and evaluate the product backlog to ensure that it is meeting stakeholder needs and delivering value
  • Identify scope gaps and missing requirements by acquiring an in-depth understanding of current state capabilities (i.e., legacy system) and future state needs
  • Proactively identify and escalates risks and issues to the leadership team
  • Monitor vendor performance (where applicable) against statements of work
  • Meet complex business needs in an efficient, flexible, and ever-improving manner

SKILL AND EXPERIENCE REQUIRED:

    • Previous experience as a Product Owner in a hybrid agile methodology is preferred
    • Strong understanding of Agile product management methodologies and product development processes
    • Excellent communication, collaboration, and presentation skills
    • Ability to work effectively with and lead cross-functional teams
    • Strong analytical and problem-solving skills
    • Demonstrated ability to gather, analyze, and evaluate facts, and prepare and present concise oral and written reports
    • Ability to prioritize and manage multiple tasks and projects simultaneously
    • Ability to work independently in a fast-paced, dynamic environment
    • Must be able to work under deadlines and manage multiple tasks
    • Self-directed; Ability to work both independently with minimal direction or oversight in a team-oriented, collaborative environment
    • Experience working in the financial services industry
    • General securities markets, derivatives knowledge required
    • Strong knowledge in multiple asset classes (equities, interest rates, volatility, commodities, foreign currencies, etc.)
    • Experience with central counter-party clearing, settlement of derivatives, financial risk management and regulated capital markets infrastructure
    • Willingness to roll up your sleeves and do whatever is necessary

Technical Skills:

  • Proficiency using Jira, Confluence, Tableau and Microsoft Office applications.
  • Familiarity with relational databases and ability to modify & execute SQL using appropriate query tools a plus.
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.

Salary : $80 - $85

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