Product Owner - Risk Technology

Grow your career with an innovative global bank in Rutherford, NJ as a Product Owner. Contract role with strong possibility of extension and/or conversion. Will require working a hybrid schedule 2-3 days onsite per week.

Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Contract Duration: 6+ Months

Required Skills & Experience

• Bachelor's degree/University degree. Master's degree preferred.
• 8+ years of proven experience in product ownership, business analysis, or systems analysis within a complex enterprise environment.
• Requires a blend of strategic vision, hands-on execution, and a deep understanding of regulatory compliance, risk management, and internal policy frameworks within a financial services context.
• Demonstrated expertise in translating strategic objectives into detailed product requirements and managing product backlogs.
• Strong understanding of both Agile and Waterfall methodologies with proven experience in managing and delivering complex technical projects.
• Prior experience in Enterprise Risk Management and understanding of internal policy frameworks (e.g., Policy, Standards & Procedures, Regulatory Inventory) is essential.
• Advanced data analysis skills, including proficiency with tools like Excel and Python for enhanced data processing and insights
• Proven ability to manage complex and variable issues with substantial potential impact, balancing conflicting needs and driving consensus.
• Excellent communication, negotiation, and presentation skills for engaging with diverse stakeholders, including senior management.
• Experience leveraging automation and AI-enabled tools to improve productivity, reporting, and delivery discipline is a significant plus.
• Experience using AI assisted tools is a plus.
• Strong Stress Testing experience.

What You Will Be Doing

• Will drive the end-to-end product lifecycle for critical Risk Policy Hub functionalities.
• Will be a proactive leader, capable of translating complex business needs into actionable product requirements and guiding development teams to deliver high-quality, impactful solutions for the Risk Policy Hub.
• Translate high-level strategic objectives and product roadmap into clear, actionable product requirements and user stories, enhancing organizational efficiency for the Risk Policy Hub.
• Define and articulate the product vision and roadmap for the Risk Policy Hub, ensuring alignment with overall business goals and regulatory imperatives.
• Serve as the primary liaison between risk management, compliance, legal, technology, and other key stakeholders to capture, analyze, and prioritize business requirements for Risk Policy Hub functionalities.
• Develop and maintain a well-groomed product backlog, ensuring stories are clearly defined, estimated, and prioritized based on business value, regulatory urgency, and technical feasibility.
• Facilitate workshops and discussions to elicit detailed requirements, resolve ambiguities, and ensure shared understanding across teams.
• Maintain the Book of Work and lead prioritization discussions with key business stakeholders.
• Utilize AI tools for requirements documentation, analysis, and other relevant aspects of product management for the Risk Policy Hub.
• Work closely with agile development teams (scrum masters, developers, QA) throughout the entire product lifecycle of the Risk Policy Hub, from conceptualization to deployment and post-launch optimization.
• Provide clear guidance and promptly answer questions from development teams during sprint cycles to ensure accurate understanding and implementation of features for the Risk Policy Hub.
• Actively participate in all agile ceremonies, including sprint planning, daily stand-ups, sprint reviews, and retrospectives.
• Oversee User Acceptance Testing (UAT) to ensure delivered solutions meet specified requirements and quality standards.
• Manage large, multi-faceted projects involving multiple functional streams, technology platforms, and geographical locations, driving business results.
• Develop and publish content for senior management reporting, presentations, and internal communications.
• Collating and communicating key project milestones, risks, and achievements.
• Ensure the Risk Policy Hub's design and functionality support robust data governance, enterprise risk management, and auditability for regulatory submissions.
• Collaborate with relevant Enterprise Data Office (EDO) and other Product teams to integrate advanced interdependent functionalities into the Risk Policy Hub effectively.