Senior Product Owner, Financial Services

The Federal Reserve

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Quick summary

Work type: On-site
Location: Kansas City, MOSt. Louis, MOCleveland, OHPhiladelphia, PAChicago, ILSan Francisco, CANew York, NYBoston, MAAtlanta, GAMinneapolis, MNDallas, TXRichmond, VA
Employment: Full-time
Posted: 2 days ago
Freshness: Confirmed live today
Nearby: 99+ roles within 25 mi

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How this pay compares to similar roles

Similar $200k

$153k most similar roles pay here $247k

This listing doesn't post a salary. Most similar roles pay $161,900–$237,875.

Based on 240 similar postings.

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About The Federal Reserve

The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations.

The Federal Reserve currently has 23 open roles on FindRole.

Listed pay typically runs $140,000–$196,900 across 11 roles with salary data.

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At a glance

TL;DR · Senior Product Owner, Financial Services

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Federal Reserve Financial Services Sr. Product Owner joins the FRFS team to manage a suite of payment services including Fedwire, FedNow, and FedACH. This role involves translating business needs into prioritized requirements through process analysis, cost-benefit assessments, and technical roadmapping. The Product Owner manages the team backlog, decomposes epics into user stories with clear acceptance criteria, and collaborates with architecture, engineering, and quality assurance teams to solve customer problems. Key responsibilities include mitigating technical debt, analyzing defects, presenting working software at demos, and monitoring product-specific OKRs. Candidates should possess expertise in business requirement development, functional specifications, and risk remediation. Preferred qualifications include a background in financial services, web applications in cloud environments, JIRA experience, and Scrum or SAFe certifications. The role addresses the critical challenge of providing speed, resilience, and choice in the national payments marketplace.

Skills

Agile Scrum SAFe JIRA Web Applications Business Process Analysis User Stories risk-remediation OKRs Financial Services

What you'll do

Translate business needs into prioritized requirements by conducting process analysis and cost/benefit assessments.
Manage and prioritize the team backlog to deliver high-priority customer and stakeholder outcomes.
Decompose epics and features into user stories with detailed test acceptance criteria.
Collaborate with architecture, engineering, and QA teams to ensure technical solutions solve specific customer problems.
Act as a subject matter expert to clarify business requirements for the agile development team.
Analyze defects and enhancements to determine severity, priority, and overall validity.
Present working software and innovative product proposals to stakeholders and governance forums.
Monitor product-specific OKRs and use data feedback to drive continuous product improvements.

What we're looking for

Bachelor’s degree in computer science, information technology, or a related technical field, or equivalent work experience.
Minimum of 7 to 10 years of related experience.
Ability to bridge the business and IT divide while building rapport with stakeholders.
Strong understanding of business requirement development and analysis, including use cases and functional specifications.
Proven ability to manage multiple deliverables independently in a highly matrixed organization.
Excellent written and verbal communication skills for both technical and non-technical audiences.
Certified Product Owner in Scrum or SAFe, preferably Advanced level (preferred).
Recent JIRA experience and background in financial services with web applications in a cloud environment (preferred).