Product Owner - Technical

Posted 4 Days Ago
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Chicago, IL
Hybrid
103K-143K Annually
Mid level
Cloud • Fintech • Machine Learning • Analytics • Financial Services
We power a network that helps people achieve a brighter financial future.
The Role
The Product Owner is responsible for maximizing product value by managing the product backlog, ensuring alignment with regulatory standards, defining requirements, leading Agile practices, and collaborating with cross-functional teams. The role emphasizes delivering innovative solutions that enhance customer experience while maintaining compliance and quality standards.
Summary Generated by Built In

Discover. A brighter future.
With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.
Come build your future, while being the reason millions of people find a brighter financial future with Discover.
Job Description:
What You'll Do
The Product Professional is responsible for maximizing the value of the product resulting from the work of the Team. Product Professionals are at the center of delivering new products and driving innovation on platforms that improve customer experience, meet customer needs, and create business value while prioritizing "what" the team is working on to deliver value to the customer. The Product Professional is a servant leader and not the manager of team members, has well-rounded job knowledge and helps to coach/mentor others on the team. Structure the work for the team and delegates the work.
Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
How You'll Do It

  • Builds product backlog, prioritizes its items to achieve Objectives and Key Results (OKRs) and continuously keeps it up to date. Maintains key product documentation (e.g., customer journey map, technical specs, process mapping, etc.).
  • Understand and Ensures product features and processes align with applicable Discover regulatory, compliance, and risk management standards. Ensures product adheres to the highest quality standards, including releasing security patches not linked to customers. Articulates requirements (regulatory, contractual) into use cases, agile stories, and acceptance criteria to ensure compliance. Creates and validates user story acceptance criteria. Inspect and evaluate product progress through each iteration.
  • Leads Agile practices (sprints, planning, execution, and retros) Holds meetings with the product team to continuously update product backlog.
  • Defines functional and non-functional product requirements; ensure completeness; integral and consistent; source of requirements for product team. Creates and validates user story acceptance criteria. Executes appropriate testing frameworks for product features (e.g., market testing, functional performance, etc.) Works with Data stewards in their respective LOBs to ensure required Data quality controls are identified and implemented. Inspect and evaluate product progress through each iteration.
  • Partners with business technology to create technical features that are required to continuously optimize system components and underline infrastructure maintenance.
  • Manages and communicates scope, deliverables, timelines of projects and/or plans through storyboarding and structing complex information visually.
  • Contributes to the product development and vision by connecting how customer solutions support business goals. Responsible for delivering Minimum Viable Product (MVP).
  • Collaborate with cross functional teams to support go-to-market strategies.
  • Builds a culture of accountability and ownership by empowering the product team to make decisions as close to the work as possible.
  • Partners with vendors and/or cross-functional partners in the evaluation and development.


Qualifications You'll Need
The Basics

  • Bachelor's degree in Information Technology, Engineering, Business Administration, Finance, Mathematics, Economics, Statistics or related.
  • 4+ years of experience in Product Management or Engineering experience in Financial Services or Tech Industry or related.
  • In lieu of education 6+ years of experience in Product Management or Engineering experience in Financial Services or Tech Industry or related.


Physical and Cognitive Requirements
The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:
Does this job require remaining in a stationary position, including but not limited to, primarily sitting and standing? Primarily remain in a stationary position.
Does this job require the ability to move about inside or outside the work environment to complete the major responsibilities of the job? No required movement about the work environment to complete the major responsibilities of the job.
Does this job require the ability to transport physical objects? If so, provide the weight of the heaviest object the job needs to transport without the aid of machinery or equipment or the weight equivalency with the aid of machinery or equipment. No
Primarily, where is this job performed? Primarily performed indoors in an office setting.
Does this job require the ability to operate equipment or machinery? Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.
Does this job require the ability to communicate verbally or in written form? Ability to communicate verbally.; Ability to communicate in written form.
Does the job require travel? Travel up to 10% of the time.
Bonus Points If You Have

  • Agile Certification - Certified Scrum Master or Scrum
  • Collaborate with architecture teams and solution designers to ensure technical solutions are in line with the product vision and meet platform requirements such as scalability, security, and compliance.
  • Ability to understand and assess the technical feasibility of the requirements.
  • Preferred to have technical development or Architecture Experience.
  • Preferred to have the ability to understand the open-source code.
  • Experience or understanding of any cloud architecture.


Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.
Application Deadline:
The application window for this position is anticipated to close on Dec-24-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
Compensation:
The base pay for this position generally ranges between $102,500.00 to $143,300.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.
Benefits:
We also offer a range of benefits and programs based on eligibility. These benefits include:

  • Paid Parental Leave
  • Paid Time Off
  • 401(k) Plan
  • Medical, Dental, Vision, & Health Savings Account
  • STD, Life, LTD and AD&D
  • Recognition Program
  • Education Assistance
  • Commuter Benefits
  • Family Support Programs
  • Employee Stock Purchase Plan


Learn more at mydiscoverbenefits.com .
What are you waiting for? Apply today!
All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.
Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights & Pay Transparency Nondiscrimination Provision)
Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email [email protected] . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

Top Skills

Agile
Scrum

What the Team is Saying

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The Company
HQ: Riverwoods, IL
18,000 Employees
Hybrid Workplace
Year Founded: 1986

What We Do

Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

Why Work With Us

You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

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Typical time on-site: Flexible
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