Product Owner or Product Owner Senior

Company

Federal Reserve Bank of Cleveland The Federal Reserve Bank of Cleveland’s mission is to foster the stability, integrity, and efficiency of the nation’s monetary, financial, and payment systems while representing the Fourth District perspectives.

As part of the nation’s central bank, we are a team of mission-driven professionals who are committed to serving with excellence. Our core values are : Build Trust Every Day, Own Our Actions, Collaborate with Intention, and Be Open to Change.

For twenty-six years in a row, we’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.

Follow us on LinkedIn, Twitter, Instagram, and our YouTube channel – Cleveland Fed

To be considered for this role, candidates must be a U.S. citizen.

Summary

Responsible for leading, defining and driving the product roadmap, managing priorities within cross-functional teams and making smart, data driven decisions to have the biggest business impact. Supports the organization by developing and implementing product offerings and processes to scale the business. Develops product strategy, drives operational plan and supports product enablement (marketing).

Essential responsibilities

Works independently, under minimal guidance, to make sound decisions.  No instructions are needed for routine work with only general instructions given for new activities or special assignments.  May refer to established precedents and procedures but does not rely on them for decision making.  Plans, schedules, and arranges own activities to accomplish objectives. Work is generally only reviewed for completeness.

Provides product leadership role for multiple small or medium-scale business lines or teams.

Drives the implementation of new product offerings through clear communication, cross functional collaboration, agile delivery and project management.

Leads the delivery of features and products that align with business strategy and vision and maximizes customer value.

Represents the voice of the customer in various contexts.

Gathers requirements, creates and refines epics, features and / or user stories and maintains, communicates and prioritizes the product backlog.

Prioritizes delivery impediments, product quality issues, and addresses risks.

Develop and maintain the product roadmap.

Displays a deep understanding of product line and functionality within business where used.

Develops a deep working knowledge of software and technologies that support the products.

Follow standards for Agile processes and seek opportunities to improve existing processes and partner across teams to establish new processes.

Evaluate priorities and resources to identify where gaps exist and elevate those for resolution.

Proactively build relationships with stakeholders to better understand needs and identify new opportunities to provide value.

Actively participate in PI Planning / Release activities.

Represents product lines at internal Bank and external forums, including System and non-FRB stakeholders, with assistance from team members.

Performs other duties as assigned or requested.

Education and Experience

Product Owner

Associates degree and 5 years of related work experience OR

Bachelor’s degree and 3 years of related work experience OR

Master’s degree and 0-1 year of related work experience

Product Owner Senior

Associates degree and 7 years of related work experience OR

Bachelor’s degree and 5 years of related work experience OR

Master’s degree and 3 years of related work experience

Knowledge Areas

Certified Scrum Product Owner (Desired)

Proficient knowledge of Agile Product practices

Knowledge of Scrum and Agile Software Development Methodology

Skills Areas

Detail oriented

Entrepreneurial approach to product line

Critical thinking

Presentation

Effective Communication

Excellent analytical abilities

Ability to manage competing priorities

Skills Areas

Detail oriented

Entrepreneurial approach to product line

Critical thinking

Presentation

Effective Communication

Excellent analytical abilities

Ability to manage competing priorities

Location : Cleveland, OH, Columbus, OH, Cincinnati, OH, or Pittsburgh, PA

The expected starting salary range for the Product Owner is between ​$90,500 and $124,400 annually and for the Product Owner Senior it is between $100,300 and $139,400 . Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and market data.

The Cleveland Fed offers benefits to support overall health and financial security. Learn more about our benefits here :

Physical Demands and General Working Conditions

This is not necessarily an exhaustive list of all responsibilities, duties, standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, the Federal Reserve Bank of Cleveland reserves the right to revise this or any job description at any time.

Reasonable Accommodation Statement -  The Federal Reserve Bank of Cleveland is committed to ensuring that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. To request a reasonable accommodation for any part of the employment process, please send an email to clev.4d.benefits.specialist@clev.frb.org.

Bank’s Ethics Rules and Drug Testing :

As a condition of employment, Federal Reserve Bank of Cleveland employees must comply with the Bank’s ethics rules which generally prohibit employees, their spouses / domestic partners, and minor children from owning or controlling, directly or indirectly, any debt or equity interest in a depository institution or an affiliate of a depository institution. A "depository institution" means a bank, a trust company, or any institution that accepts deposits, including a bank chartered under the laws of a foreign country. In addition, employees (and their spouses / domestic partners, and minor children) may not own shares of mutual funds, unit investment trusts or ETFs that have a policy, as stated in the prospectus, of concentrating in the financial services industry and that have underlying investments in banks or other depository institutions.  If you or your spouse / domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting.

In addition, as a condition of employment, candidates must undergo a background check and will be tested for all controlled substances prohibited by federal law, to include marijuana, prior to hire and for certain safety sensitive positions during employment.

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

Project / Product Management Family Group

Work Shift

First (United States of America)

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 () or through verified Federal Reserve Bank social media channels.

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