Director, Counterparty Credit Risk Product Owner

 SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $178,000.00 and $231,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

We are seeking a passionate and experienced Product Owner to drive the evolution of our Counterparty Credit Risk (CCR) Platform. This pivotal role requires a blend of strategic vision, technical expertise, and exceptional communication skills to drive the platform's growth and success. This role offers a dynamic and collaborative work environment where you can make a significant impact on the future of our CCR Platform. This role involves close collaboration with stakeholders to align product development with business goals, managing the product roadmap, and ensuring the delivery of high-value features. The ideal candidate will have proven track record in product management, strong technical background, and excellent communication skills. 

Role Responsibilities:

•    Product Roadmap: Develop and maintain a comprehensive product roadmap that outlines the vision and direction for Counterparty Credit Risk Platform.
•    Stakeholder Management: Collaborate with internal stakeholders to gather and prioritize requirements, ensuring alignment with business goals.
•    Backlog Management: Prioritize and manage the product backlog, ensuring that the most valuable features are delivered first.
•    User Stories and Acceptance Criteria: Write clear and concise user stories and define acceptance criteria to guide the development team.
•    Market Research: Conduct market research to stay updated on industry trends and competitor offerings and incorporate findings into the product strategy.
•    Sprint Planning: Participate in sprint planning meetings to ensure that the development team understands the priorities and requirements.
•    Performance Monitoring: Monitor product performance and user feedback to identify areas for improvement and drive continuous enhancement.
•    Global Coordination: Lead discussions with other regions on any potential product development requirements

Qualifications and Skills

•    Bachelor’s degree in Finance, Economics, or a related discipline; advanced degree preferred.
•    Experience: Minimum of 10 years of experience as a Product Owner or in a similar role, preferably with experience in CCR/Risk platforms or related technologies.
•    Technical Skills: Strong understanding of software development processes and technologies. Familiarity with CCR/Risk platforms is highly desirable. Solid organizational skills, ability to managing large scale complex projects
•    Communication Skills: Excellent verbal and written communication skills, with the ability to effectively communicate with technical and non-technical stakeholders.
•    Leadership: Proven ability to lead cross-functional teams and drive product development initiatives.
•    Problem-Solving: Strong analytical and problem-solving skills, with a focus on delivering customer-centric solutions. Ability to solve unstructured problems with a structured approach
•    Agile Methodologies: Experience with Agile methodologies and tools (e.g. Scrum and Jira)
•    Team Skills: Ability to work in a team environment; Self-starter with ability to multi