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Principal Product Owner - Governance, Risk & Compliance Technology

Fifth Third Bank
Rensselaer, United Statesfull_timeVerifiedPosted 16 Jul 2026
💰 $207,500/yr($96,500/yr$207,500/yr)

About the role

Make banking a Fifth Third better®
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SPECIFICS TO THIS ROLE:

Business Value Delivered by the Team

  • Stronger Risk Governance: Integrated platforms providing a unified view of risk, controls, and compliance
  • Regulatory Confidence: Technology that ensures adherence to regulatory requirements and audit readiness
  • Operational Efficiency: Reduced manual processes and improved workflow automation across programs
  • Better Decision-Making: Data-driven insights enabling leadership to understand and act on enterprise risk
  • Platform Simplification: Consolidation and integration of tools to reduce complexity and cost

Daily / Weekly Duties

  • Review and prioritize incoming requests from GRC Strategy and business stakeholders
  • Facilitate backlog grooming and refine epics, features, and user stories
  • Conduct stakeholder meetings to clarify needs, define value, and align on priorities
  • Lead or participate in Agile ceremonies (daily standups, sprint planning, PI planning)
  • Partner with architects and engineers to ensure solution feasibility and alignment
  • Monitor delivery progress, remove blockers, and adjust priorities as needed
  • Review delivered functionality and validate against business outcomes
  • Communicate updates, risks, and progress to leadership and stakeholders
  • Track metrics and outcomes to inform roadmap adjustments


GENERAL FUNCTION:

The Principal Product Owner will be responsible for:

  • Partnering with Lines of Business teams, business functions, and IT teams to define product needs and opportunities across the Bancorp
  • Collaborating with business, technology, and analytics partners to prioritize, articulate and deliver new features from ideation through production release in Agile development, ensuring key outcomes are being met.
  • Defining, developing and leading the implementation of product roadmap deliverables, capabilities, and adoption, supporting business outcomes.
  • Leading a robust, continuous prioritization process to maximize total value, risk mitigation, and other business benefits across the bank.
  • Decision-making in complex situations to drive key outcomes in support of regulatory & compliance needs, new revenue growth, process optimization, & other business-wide analytics needs.
  • Staying informed on new technologies and pushing boundaries to introduce new and innovative solutions to build trust and exceed customer expectations and outcomes.
  • Acting as a change agent for technologies and supporting processes by leveraging Agile practices to maximize results measured by performance and availability, business agility, technology freshness, and cost optimization
  • Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk assessment, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. Support and adhere to all governance processes as defined by Enterprise.

ESSENTIAL DUTIES & RESPONSIBILITIES:

  • Inspire and motivate teams to deliver on the strategy and roadmap for continuous growth and improvement of product outcomes and experience.
  • Lead and drive an agile mindset across product teams.  Lead in this transformation across peer teams and line of business partners.
  • Drive the continued transformation from a project-based to a product-based organization.  Partner with peer teams to drive this approach broadly.
  • Collaborate with cross-functional teams to gain agreement/approval/guidance, including lines of business, operations, legal, compliance, information security, fraud, and related functions.
  • Provide transparency and ongoing communications with line of business partners/key stakeholders.
  • Ability to solve problems and make decisions in support of the team, with a focus on driving the greatest outcome for the product and the Bank.
  • Collaborating with Agile Squad on creating and maintaining a healthy product backlog, creating/reviewing/accepting; backlog items (user stories, defects, technical spi

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Company

Fifth Third Bank

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