Senior Product Owner - Federal Reserve Bank (FRB)

Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team for our future.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance.

About the Opportunity

Enterprise Service Management has an immediate opening for a Product Owner, reporting to a Product Manager.

The Product Owner is a member of the Agile leadership team (which also includes the Scrum Master and the business) primarily responsible for managing the product backlog to achieve the desired outcomes. The Product Owner serves as the needs-expert for an agile delivery team by clearly describing the product backlog in a way that creates shared understanding of the customer problem being solved. The overall responsibility is to prioritize the team’s work, clearly define the definition of done and accept completed stories according to pre-defined acceptance criteria. The Product Owner’s goal is to discover and deliver the best solution to the market problem(s) presented by the Product Manager (business).

What You Will Do:

• Collaborates with product manager on product strategy and direction
• Articulates the product vision to delivery team, outlining and prioritizing work based on business value
• Prioritizes product backlog based on overall strategy and business objectives and works with the Scrum Master to drive sprint and release plans
• Primary liaison between stakeholders and the product team to ensure full understanding of product scope, objectives, requirements and dependencies
• Follows Agile practices/techniques to implement new features to the product, which includes prioritizing and refining user stories; facilitates backlog grooming and prioritization; ensures User Stories are clearly created; removes impediments and fielding questions for the team; communicate progress to stakeholders, and builds high performance teams.

Qualifications:

• Relevant bachelor’s degree from an accredited college or university, or equivalent combination of directly related education and/or experience.
• Typically requires five or more years of experience in a combination of technology product management, or software development, and business line industry knowledge.
• Knowledge of Service Management processes and disciplines.
• SAFe Agile knowledge/practices
• Familiarity with Microsoft Products: Word, Excel, and PowerPoint.
• Plus: Knowledge/use of Jira

Discover the Reason Why So Many People Love It Here!

When you join the Richmond Fed, not only will you find a challenging and purposeful career, you’ll also have access to a wide range of benefits and perks that support your health and wealth, including:

• Great medical benefits
• Pension and 401(k) with employer match
• Paid time off
• Tuition reimbursement
• Employee resource networks
• Paid volunteer leave
• Flexible work options
• Onsite amenities that make working here fun!

Other Requirements and Considerations:

• Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
• If you need assistance or an accommodation due to a disability, please notify rich.recruit@rich.frb.org.
• Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.).
• Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship or three or more years of Permanent Resident (Green Card) status.
• The salary range for the Product Owner – Sr. is $101,300 – $139,260 annually.
• For candidates outside Richmond, VA, listed hiring and salary ranges may be adjusted based on your geographic location.
• Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.
• Applications are reviewed on a rolling basis. Interested candidates are strongly encouraged to apply by October 14, 2024.
• Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Other

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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