Product Owner

Job Description:

Job Title: Product Owner

Corporate Title:  Up to Vice President

Location: Chester

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview:

Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.

The Team:

GCIBT EMEA is looking for a Product Owner to join an existing team of Cross Domain Product Owners located in the UK.  The team work with business and technology partners to deliver projects covering Payments, Accounting, Liquidity, Credit, Loans, and Regulatory change, spanning EMEA, APAC, Canada and LATAM regions.

Role Description:

This role is responsible for maximizing the value for a product. Key responsibilities include defining the vision and roadmap for the product, defining, reviewing and prioritizing requirements in the product backlog, and articulating this to both stakeholders and different impacted development teams. This role works closely with stakeholders to understand their needs, and with the Product Manager in a scaled Agile model, to ensure there is alignment.

Responsibilities:

• With some guidance, create the vision and roadmap for the product to align with strategic direction for the business or technology domain.
• Communicate the product vision and roadmap to stakeholders and technology teams.
• Collaborate with stakeholders to understand their needs and problems.
• Assess the scope of change and impact to technology and stakeholders
• Liaise between the business units, technology teams, delivery and support teams to arrive at optimal solutions.
• Facilitate walkthroughs for requirement and solution assessments.
• Collaborate with solution designers, developers and subject matter experts to establish the technical vision and review trade-offs between usability and performance needs.
• Performing initial engagement with the business to ascertain concept designs and project estimates and provide technology guidance.
• Create and prioritize work for teams, and collaborate with cross-functional teams.
• Refine stories with the team to ensure there are enough “ready” stories in the backlog.
• Review and accept stories and make on-the-spot agreements regarding scope and requirements.
• Work in partnership with technology teams to ensure that optimum value is obtained through technology and through an advanced understanding of the business.
• Ensure the requirements are delivered by IT and/or vendors as specified.
• Ensuring timely quality deliverables.
• Regular status reporting to Senior Management in technology and the business

What we are looking for:

• Business Analysis or Product Owner experience, preferably with formal BA training.
• Has experience in requirements elicitation techniques such as interviews, document review, requirements workshops, surveys, business process flows, use cases.
• Has experience reviewing and documenting requirements using an agile methodology (Epics and Stories)
• Has experience working with business and technology teams to deliver solutions in a banking environment.
• Experienced in working on multiple simultaneously.
• Has extensive technical and data analysis experience working with a variety of architectures.
• Good verbal and written communication skills.
• Ability to collaborate with both Business and technology teams.
• Good technical and architecture knowledge.
• Skills that will help:
• Business Analysis certification
• Experience with Agile project methodologies
• Knowledge of, Payments, such as SWIFT, ACH, CHAPS, Faster Payments, SEPA, TARGET2, ISO 20022
• Demand Deposit Accounting,
• Treasury and Cash Management Systems,
• Banking Regulations, such as OFAC, FTR, PSD2, AML,
• Trade Finance and Loans

Benefits of working at Bank of America:

UK

•           Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner

•           Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons

•           20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum

•           The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.

•           Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.

•           Access to an Employee Assistance Program for confidential support and help for everyday matters

•           Ability to donate to charities of your choice directly through payroll and the bank will match your contribution

•           Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.

•           Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.