IT Product Owner - Payment Services

Costco IT is responsible for the technical future of Costco Wholesale, the third largest retailer in the world with wholesale operations in fourteen countries. Despite our size and explosive international expansion, we continue to provide a family, employee centric atmosphere in which our employees thrive and succeed.

This is an environment unlike anything in the high-tech world and the secret of Costco’s success is its culture. The value Costco puts on its employees is well documented in articles from a variety of publishers including Bloomberg and Forbes. Our employees and our members come FIRST.  Costco is well known for its generosity and community service and has won many awards for its philanthropy. The company joins with its employees to take an active role in volunteering by sponsoring many opportunities to help others. 

Come join the Costco Wholesale IT family. Costco IT is a dynamic, fast-paced environment, working through exciting transformation efforts. We are building the next generation retail environment where you will be surrounded by dedicated and highly professional employees.

Product Owners are responsible for defining requirements, assisting with the overall product roadmap/vision, and driving value at the scrum team level. Product Owners work closely with teams and are the “voice of the customer”, ensuring the needs of the end-user are incorporated into the product from design to deployment. Product owners are responsible for the authoring of functional user stories which are used to support the day to day development of new features and capabilities.

The Product Owner partners with Costco’s Payments Committee and other business stakeholders to translate product strategy and problem solving into a detailed, prioritized backlog of user stories. This role collaborates with an agile delivery team to implement, measure, and learn from the improvements they have made. The Product Owner manages execution of the portfolio’s product features and delivery roadmap for Costco that are aligned to KPI's that integrate both internal and external stakeholder requirements.

If you want to be a part of one of the worldwide BEST companies “to work for”, simply apply and let your career be reimagined.

ROLE

• Defines and communicates the minimum viable product (MVP) for a given application / product and the supporting release plans.

• Prioritizes the sprint backlog (as part of the sprint planning ceremony) based on the sequencing and ranking of features defined in the product roadmap.

• Defines and prioritizes product requirements based on market insights, customer feedback, and business objectives.

• Collaborates on a detailed product roadmap, outlining the strategic direction for retail payment solutions in partnership with the Treasury Payments team and the Payments Committee.

• Collaborates with engineering and design teams to translate product requirements into functional specifications, ensuring timely delivery of high-quality solutions.

• Works closely with stakeholders to gather feedback, validate product concepts, and iterate on designs to achieve optimal user experience and product usability.

• Monitors and analyzes product performance, conducts user testing, and gathers data-driven insights to drive continuous improvement and optimize product features.

• Stays up to date with industry trends and emerging technologies related to retail payments, keeping the company at the forefront of innovation.

• Collaborates with Product Managers and Systems Architects to define new and or enhanced product requirements and functionality.

• Consults with the Payments Committee, the Treasury Payments team, and other stakeholders for guidance and clarity on the product vision, roadmap, and requirements.

• Collaborates with team members to ensure the work managed by teams achieves the highest value relative to the needs and priority of the business. 

• Collaborates with team members to define the sprint plan based on the priority outlined w