Senior Principal Product Owner

Posted 10 Days Ago
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Chicago, IL
Hybrid
121K-178K Annually
Senior level
Cloud • Fintech • Machine Learning • Analytics • Financial Services
We power a network that helps people achieve a brighter financial future.
The Role
The Senior Principal Product Owner is responsible for the vision and roadmap of the Decisioning Model Development Platform, facilitating model development for data science teams. They collaborate with stakeholders to align product features with business goals and manage the product's strategic direction while ensuring risk and customer issues are addressed.
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

  • Discover's Decisioning Platform product family entails various products working in harmony to facilitate the development, deployment, and monitoring of machine learning models. This role specifically focuses on the Model Development Platform product within the Decisioning Platform product family. The mission of this team is to provide an enterprise self-service application that facilitates model development. Key functions this platform delivers are providing diverse and robust analytical model development environments, leveraging technologies for scaling compute, ensuring tools for the development are compliant, Integration with Discover's approved analytic data ecosystem, and user support and collaboration with partners across model lifecycle (MRM, MLEs, etc.)
  • This role will be responsible for developing, maintaining, and presenting the vision and roadmap for the Decisioning Model Development Platform product used by data science teams across multiple lines of business at Discover. This role will create product vision based on a thorough understanding of direct and indirect stakeholders needs working with business initiative owners and technology teams. Guides requirements, manages priorities, and is accountable for delivery. Empowered to make fast decisions about the initiatives, with input from leadership and other key stakeholders. Ensures the technology teams are synthesizing business objectives and agile development principles to operate and expand the existing platform. Experience with machine learning platforms as well as a fundamental understanding of the machine learning lifecycle is a plus.
  • The Product Professional Leads the development of the Product Vision at the Family level that drives business value and an improved customer experience while ensuring alignment / manages dependencies across Team within a Product Family and with cross functional partners. The Senior Principal as an IC is a servant leader and not the manager of team members. Has Depth of knowledge so that they can see patterns without having to dissect it step by step. Often recognized outside their company for their contributions to their profession.
  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.


How You'll Do It

  • Develops and maintains Family Product vision by collaborating with stakeholders on key product considerations and aligns with product vision, features and roadmap to support business unit goals. Leverages customer insights, feedback, financials, compliance, and risk data to define product features and roadmap in partnership with other SMEs and potentially grow existing and/or build new product portfolio(s) through new value added and enhanced customer experiences. Leads design, development, and implementation of new product strategy. Works cross functionally to manage shared goals and priorities.
  • Establish Key Performance Indicators (KPIs) and Objectives and Key Results (OKRs) for the product family and ensure alignment with senior leadership (e.g., SPO, Dir, etc.). Defines and Creates prototypes (e.g., MVPs, POC, etc.) based on customer feedback to test, learn, and validate ideas before committing to larger scale development. Synchronizes and aligns with Product Family POs on prioritization and delivery to maximize Product Family Value. Defines product family MVPs, prioritizing and accepting priorities in partnership with POs and architects.
  • At the family level: Responsible for definition, guidance, and execution of product-related activities for a particular portfolio through the entirety of product lifecycle, from strategy and roadmap definition to development and market readiness. Sets business objectives for the product development process and oversees execution, internal or external, as necessary. Works with minimal supervision.
  • Validate user story acceptance criteria. Ensures 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.
  • Identify sources, monitor, analyze (Business Analysis), test, and interpret key product performance metrics including financials, network volumes, other key statistics, and internal/external customer feedback trends, industry trends, research findings, and competitive innovations then develop and communicate findings, and make strategic and tactical recommendations for performance improvements throughout the product lifecycle.
  • Provides mentoring, fills in the business and/or technical knowledge gaps, etc. Negotiates and influences others across shared services and product teams across product families.
  • Collaborate with cross functional teams to develop and execute go-to-market strategies.
  • Partners with business technology to outline needed technical features that are required to continuously optimize system components and underline infrastructure maintenance.
  • Builds a culture of accountability and ownership by empowering the product team to make decisions as close to the work as possible. Serve as business lead on cross-functional teams and assist in managing dependencies with other team's functions while identifying, building, and managing strategic partnership across different product teams. This includes collaborating to develop or support efforts of go-to-market strategies. Provide vision and direction to a team.
  • Coaches team to be able to identify, manage, and escalate risk, and effectively manage risk within the teams you oversee.


Qualifications You'll Need
The Basics

  • Bachelors in Information Technology, Engineering, Business Administration and Management, Economics, Finance, Mathematics, Statistics, or related
  • 8+ years Product Management Or Engineering experience in Financial Services or Tech Industry, or related
  • In Lieu of Education 10+ years 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:

  • Primarily remain in a stationary position.
  • No required movement about the work environment to complete the major responsibilities of the job.
  • Primarily performed indoors in an office setting.
  • Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.
  • Ability to communicate verbally.; Ability to communicate in written form.
  • Travel up to 10% of the time.


Bonus Points If You Have

  • Experience in one or more of the following: compute architecture, data center infrastructure, CPU and I/O technologies, Cloud Infrastructure, or Storage.
  • Technical infrastructure management experience working with capacity planning, migration, patching, provisioning, etc.
  • Understanding of distributed training techniques, GPU utilization, and optimization for large datasets.
  • Experience working on UX/UI products with designers and developers
  • Experience as a software developer, data engineer, data scientist, or other related position.
  • Knowledge of the machine learning lifecycle and ability to understand Feature engineering, ML training, and model reproducibility tooling
  • Agile Certification: Scrum Master or Scrum Product Owner


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.
#LI-AS1
#REMOTE
Application Deadline:
The application window for this position is anticipated to close on Nov-04-2024. 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 $121,000.00 to $177,800.00. 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.

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

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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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