Director, Product Owner

What You'll Do: As a leader of the Financial Risk Management Products 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.
Primary Duties and Responsibilities: To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.
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 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.
Oversee, monitor and manage staffing engaged in the following areas:
Stakeholder Engagement and Management Be a primary point of contact for Financial Risk Management and other stakeholders regarding the product backlog and product developmentWork with internal and external stakeholders to understand their needs and ensure that they are reflected in the product backlogMaintain direct communications with senior and middle managementCoordinate preparation of materials for Management Committee, Board of Directors and Regulatory meetings as neededProduct Leadership Understand regulatory requirements and drivers impacting development goals and plansEvaluate product changes and recommend needed process and system changesCollaborate with cross-functional teams to define and prioritize the product backlogRefine the product backlog to ensure that it is ready for developmentSeek to optimize product delivery in the most cost-effective mannerProduct Delivery Collaborate with technology partners and teams to drive strategic plans for OCC's system development, integration and deploymentWork 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 mannerCollaborate 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 activitiesProduct Integrity Ensure that the product backlogs are transparent, visible, and understood by all stakeholdersEnsure there is a clear traceability of requirements to deliverablesEnsure the product complies with all non-functional requirementsComply with all product delivery controls and proceduresQuality Management Continuously monitor and evaluate the product backlog to ensure that it is meeting stakeholder needs and delivering valueIdentify scope gaps and missing requirements by acquiring an in-depth understanding of current state capabilities (i.e., legacy system) and future state needsProactively identify and escalate risks and issues to the leadership teamMonitor vendor performance (where applicable) against statements of workMeet complex business needs in an efficient, flexible, and ever-improving mannerPerform other duties as assigned. Light travel may be required.
Supervisory Responsibilities: Directly and indirectly supervise product team members matrixed from across business and internal technology teamsFoster a diverse and inclusive workplaceQualifications: The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.
Previous experience as a Product Owner in a hybrid agile methodology is preferredStrong understanding of Agile product management methodologies and product development processesExcellent communication, collaboration, and presentation skillsAbility to work effectively with and lead cross-functional teamsStrong analytical and problem-solving skillsDemonstrated ability to gather, analyze, and evaluate facts, and prepare and present concise oral and written reportsAbility to prioritize and manage multiple tasks and projects simultaneouslyAbility to work independently in a fast-paced, dynamic environmentMust be able to work under deadlines and manage multiple tasksSelf-directed; Ability to work both independently with minimal direction or oversight in a team-oriented, collaborative environmentExperience working in the financial services industryGeneral securities markets, derivatives knowledge requiredStrong 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 infrastructureWillingness to roll up your sleeves and do whatever is necessaryTechnical 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.Education and/or Experience: Bachelor's degree (or equivalent) in relevant fields including Accounting, Finance, Computer Science, Management Information Systems, Engineering among othersMBA, MS or equivalent graduate degree in a relevant field preferred7+ years of financial risk management experience leading teams and building robust business processesDemonstrated experience with ensuring effective process change managementExperience in product management and leading product teamsExperience in financial services / regulated capital markets infrastructure (exchange, regulator or clearing house)Certificates or Licenses: None Required
Who We Are: The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.
What We Offer: A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:
A hybrid work environment, up to 2 days per week of remote workTuition Reimbursement to support your continued educationStudent Loan Repayment AssistanceTechnology Stipend allowing you to use the device of your choice to connect to our network while working remotelyGenerous PTO and Parental leaveCompetitive health benefits including medical, dental and visionStep 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.

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