Product Owner Senior

Company

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is part of the nation’s central bank, and we’ve provided many opportunities for professional growth during our history.

For twenty-five 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.

Our People Make the Difference! The Federal Reserve Bank of Cleveland is seeking innovative thinkers with vision to build the framework that will carry the Bank into the future.

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

Under general direction, this role is responsible for solving complex problems by taking a new perspective using existing solutions. 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 Accountabilities

• 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

• 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 and Skills Area – Senior Level

• Certified Scrum Product Owner
• Proficient knowledge of Agile Product practices
• Knowledge of Scrum and Agile Software Development Methodology
• Detail oriented
• Entrepreneurial approach to product line
• Critical thinking
• Presentation
• Effective Communication
• Excellent analytical abilities
• Ability to manage complex priorities and effectively escalate and resolve risks

Citizenship requirements

This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of i