Executive Director, Product Owner

Summary
As a leader of the Risk Management and Systems Group, you 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 OCC leadership is kept aware of Product progress and status.
Responsibilities
Supervises a team of Product Owners to ensure the OCC's processes and controls are followed and consistently improved. This person will work with key stakeholders to understand current systems and capabilities and participate in recommendations to the Management Committee enhancements needed to be at the leading edge of risk management solutions. The projects related to those enhancements would be led by this individual to ensure successful implementation and conclusion.
This individual is a thought-leader, both internally and externally to the organization often engaging in various cross-departmental teams, to push OCC initiatives to successful conclusions. Awareness of overall industry initiatives, regulatory landscape and rules, is necessary to lead OCC in the development of risk management solutions that provide the industry with greatest benefit.
Lead and participate on internal Working Groups, Interact with the Management Committee, the Risk Committee of the Board of Directors, Chief Risk Officer and regulators as needed. Works under a high demand for independent judgment.
Oversee, monitor and manage staffing engaged in the following areas;

• Stakeholder Engagement and Management
  • Act as the primary point of contact for Financial Risk Management and other stakeholders regarding the product backlog and product development
  • Interact with internal and external stakeholders such as regulators, exchanges and other external parties in explaining OCC's Products
  • Elicit, interpret, lead requirement workshop discussions with vendors, stakeholders and/or product owners; assist in the development of backlog items and acceptance criteria
  • 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
  • Maintain Product Vision and Roadmap
  • Understand regulatory requirements and drivers impacting development goals and plans
  • Evaluate product changes and recommend needed process and system changes
  • Develop functional capabilities within the organization by driving innovation and continuous process improvements
  • Collaborate with cross-functional teams to define and prioritize the product backlog
  • Refine the product backlog to ensure that it is ready for development
  • Maintain product budget and forecast. Seek to optimize product delivery in the most cost effective manner.
• Product Delivery
  • Collaborate with technology partners and teams to drive strategic plans for OCC'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
  • Documentation and/or sign-off on acceptance criteria for user stories
  • 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
• Team Leadership
  • Directly and Indirectly supervise product team members matrixed from across business and internal technology teams
  • Foster a diverse and inclusive workplace
• Perform other duties as assigned
• Light travel required

Supervisory Responsibilities

• Manage a team

Are the essential duties of this job required to be performed in an OCC office location? No
Qualifications & Experience

• 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
• Strong interpersonal and influencing skills, including ability to interact effectively with peers, all levels of management, regulators and member firms
• 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 like equities, interest rates, volatility, commodities, and foreign currencies (Risk Pillar Specific)
• 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 & Background

• Proficiency using Jira, Confluence, Tableau and Microsoft Office applications

Certifications

• None Required

Education & Training

• Bachelor's degree (or equivalent) in relevant fields including Accounting, Finance, Computer Science, Management Information Systems, Engineering among others
• MBA, MS or equivalent graduate degree in a relevant field preferred
• Financial risk management experience leading teams and building robust business processes is required
• Demonstrated experience with ensuring effective process change management
• Experience in product management and leading product teams
• Experience in financial services/ regulated capital markets infrastructure. Experience with an exchange, regulator or clearing house preferred

Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.
Step 2
You will receive an email notification to confirm that we've received your application.
Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.
For more information about OCC , please click here .
OCC is an Equal Opportunity Employer