Lead Associate Principal, Product Owner

The role at OCC in Chicago offers a hybrid work arrangement with a salary range of USD 129,800 to 184,500 per year, focusing on maximizing product value, aligning business interests, and guiding cross functional teams through roadmaps in a hybrid agile environment.

Responsibilities

• Serve as the main liaison for Financial Risk Management and other stakeholders on the product backlog and development efforts
• Engage with internal and external stakeholders to surface needs and translate them into backlog items
• Lead and interpret requirement workshops with vendors, stakeholders, and product owners; help define backlog items and acceptance criteria
• Maintain ongoing communications with senior and mid-level management
• Coordinate material preparation for Management Committee, Board of Directors, and regulatory meetings as needed
• Preserve and communicate the product vision and roadmap
• Interpret regulatory requirements and drivers affecting development goals and plans
• Assess product changes and propose necessary process and system updates
• Work with cross-functional teams to shape and prioritize the backlog
• Refine backlog items to ensure readiness for development
• Pursue cost effective optimization of product delivery
• Partner with technology teams to advance strategic plans for system development, integration and deployment at OCC
• Coordinate with project owners/managers, the technology lead, and the Scrum Master to ensure adherence to hybrid agile practices and timely issue resolution
• Coordinate with Model Risk Management and Quantitative Risk Management to validate models and methodologies during change management or annual validations
• Maintain backlog transparency and ensure stakeholders understand backlog items
• Ensure traceability from requirements to deliverables
• Ensure compliance with non-functional requirements
• Adhere to product delivery controls and procedures
• Continuously monitor and assess the backlog to ensure stakeholder value
• Identify scope gaps by analyzing current and future state capabilities, including legacy systems
• Proactively identify and escalate risks and issues to leadership
• Track vendor performance against statements of work where applicable
• Deliver on complex business needs efficiently and with room for improvement
• Provide indirect supervision to product team members distributed across business and technology groups
• Promote diversity and inclusion in the workplace
• Perform additional duties as assigned
• Occasional light travel may be required

Requirements

• Experience as a Product Owner within a hybrid agile environment is required
• Solid knowledge of agile product management practices and development processes
• Excellent communication, collaboration, and presentation abilities
• Proven ability to lead cross-functional teams
• Strong analytical and problem-solving capabilities
• Ability to gather, analyze, and evaluate information, and to prepare concise oral and written reports
• Skill in prioritizing and managing multiple tasks concurrently
• Ability to work independently in a fast-paced, dynamic setting
• Capable of meeting deadlines while juggling multiple tasks
• Self-directed with the ability to work autonomously or collaboratively as needed
• Experience in financial services with in-depth knowledge of options and derivatives markets
• Strong grasp of risk and P&L attribution, margin processing, referential data, market data, and time series
• Broad knowledge across multiple asset classes including equities, rates, volatility, commodities, and currencies
• Experience with CCP clearing and settlement of derivatives and regulated capital markets infrastructure
• Willingness to contribute hands-on as needed

Technologies

• Jira
• Confluence
• Tableau
• Microsoft Office
• SQL
• MS Excel
• UC4

Benefits

• Hybrid work arrangement with up to two remote days per week
• Tuition reimbursement
• Student loan repayment assistance
• Technology stipend to support remote work with devices of your choice
• Generous paid time off and parental leave
• 401(k) employer match
• Comprehensive health benefits including medical, dental, and vision