Product Owner/Business Analyst
Product Owner/Business Analyst

Product Owner/Business Analyst

Full-Time 70000 - 120000 £ / year (est.) No home office possible
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Bank of America

At a Glance

  • Tasks: Maximise product value by defining vision, roadmap, and prioritising tasks.
  • Company: Join Bank of America, a leader in financial services committed to making lives better.
  • Benefits: Enjoy industry-leading benefits, paid time off, and a supportive work environment.
  • Why this job: Be part of a collaborative team that values growth, inclusivity, and community impact.
  • Qualifications: 5-7 years in IT; 3-5 years in analysis or product ownership; Agile experience required.
  • Other info: This role offers a competitive salary and opportunities for career advancement.

The predicted salary is between 70000 - 120000 £ per year.

Product Owner – Tech Delivery page is loaded

Product Owner – Tech Delivery

Apply locations Pennington time type Full time posted on Posted 4 Days Ago job requisition id 25020658

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

Responsible for maximizing the value for a product. Defines the vision and roadmap for the product, defining and prioritizing stories in the product backlog, and articulating this to both stakeholders and the development team. Works closely with stakeholders to understand their needs, and with the Product Manager in a scaled Agile model to ensure there is alignment. Possess a working knowledge of the product, and basic understanding of the business or technology domain. With some guidance, creates the vision and roadmap for the product to align with strategic direction for the business or technology domain. Communicates the product vision and roadmap to stakeholders and the team. Collaborates with stakeholders to understand their needs and problems. Creates and prioritizes work for one team. Learning to collaborate with cross-functional teams. With some guidance, creates and prioritizes stories in the product backlog. Refines stories with the team to ensure there are enough ready stories to load the next 1-2 sprints. Reviews and accepts stories and is empowered to make on-the-spot decisions on scope and requirements. Works in partnership with the team to ensure that optimum value is obtained through technology and through an advanced understanding of the business. Individual contributor.

Position Summary:

A Product Owner is responsible maximizing the value for a product. Key responsibilities include defining the vision and roadmap for the product, defining and prioritizing stories in the product backlog, and articulating this to both stakeholders and the development team. This role works closely with stakeholders to understand their needs, and with the Product Manager in a scaled Agile model to ensure there is alignment. They are developing in the role of a Product Owner, possessing a working knowledge of the product, and basic understanding of the business or technology domain. A Product Owner is an individual contributor to a team.

Primary Responsibilities:

  • With some guidance, creates the vision and roadmap for the product to align with strategic direction for the business or technology domain.
  • Communicates the product vision and roadmap to stakeholders and the team.
  • Collaborates with stakeholders to understand their needs and problems.
  • Creates and prioritizes work for one team, learning to collaborate with cross-functional teams.
  • With some guidance, creates and prioritizes stories in the product backlog.
  • Refine stories with the team to ensure there are enough “ready” stories to load the next 1-2 sprints.
  • Review and accept stories and make on-the-spot decisions regarding scope and requirements.
  • Work in partnership with the team to ensure that optimum value is obtained through technology and through an advanced understanding of the business.

Required Qualifications:

  • 5-7 years working in and supporting IT.
  • 3-5 years in a business/systems analysis role, solutions architect role or product owner role.
  • Skillful in gathering and analyzing requirements impacting data-intensive applications/systems, and building solutions for fulfilling those requirements
  • Critical thinker with superior written and oral communication skills as well as meeting facilitation skills.
  • Be able to write database queries and navigate database schemas in order to support analysis effort.
  • Experience in Agile methodology.
  • Expert in Microsoft Word, Excel, Visio and PowerPoint and be able to articulate ideas and solutions leveraging these tools to broad set of audience, including developers, testers, management and business partners.
  • Experience in developing process flows.

Desired Qualifications:

  • Prior experience with processes impacting client data and/or account data, preferably onboarding processes (client profiling, account opening, account maintenance, etc.).
  • Demonstrate knowledge, with prior experience, of two or more of the following functional areas in a data domain:
  • Risk identification and mitigation
  • Data Management
  • Client and account on-boarding and maintenance
  • Data provisioning

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US – NJ – Pennington – 1500 AMERICAN BLVD – Princeton Place at Hopewell Bldg. 5 (NJ2150)Pay and benefits informationPay range$89,200.00 – $154,900.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

About Us

Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity.

Regardless of the position you are interested in, the starting points to building your resume are the same:
1.Determine the job or types of jobs you want to do and research their responsibilities and qualifications.
2.Think about why you can do the job and make a list of your skills that are relative to the job.
3.Identify experiences or accomplishments that show your proficiency in the skills required for the job.
4.Summarize your abilities, accomplishments and skills into a brief, concise document.

Considerations when writing a resume
•Do be brief. Resumes should be 1-2 pages in length.
•Do be upbeat and active in your wording.
•Do emphasize what you have done clearly and concretely.
•Do be neat and well organized.
•Do have others proofread and critique your resume. Spell check. Make it error free.
•Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible.
•Don\’t be dishonest, always tell the truth about yourself in the most flattering light.
•Don\’t include salary history or requirements.
•Don\’t include references.
•Don\’t include accomplishments that do not support your professional goals.
• Don\’t include anything that isn\’t relevant. (For example, don\’t mention your fondness for swimming unless you want to work on the water.)
•Don\’t use italics, underlining, shadows or other fancy treatments.

Seven steps to a successful interview
1.Anticipate –Put yourself in the interviewer\’s position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview?
2.Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available?
3.Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight.
4.Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down.
5.Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks.
6.Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own \”great responses\” with others or in front of a mirror until you appear relaxed and at ease.
7.Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage.

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Product Owner/Business Analyst employer: Bank of America

At Bank of America, we pride ourselves on being an exceptional employer, fostering a culture of inclusivity and support that prioritises the well-being of our employees. Located in Pennington, we offer competitive benefits, opportunities for professional growth, and a collaborative work environment where your contributions truly make a difference. Join us to be part of a team that is dedicated to driving responsible growth and making a positive impact in the communities we serve.
Bank of America

Contact Detail:

Bank of America Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Product Owner/Business Analyst

✨Tip Number 1

Familiarise yourself with Agile methodologies, as this role heavily relies on them. Consider taking a short course or reading up on Agile practices to demonstrate your understanding during interviews.

✨Tip Number 2

Network with current or former employees of Bank of America, especially those in similar roles. They can provide insights into the company culture and expectations, which can be invaluable during your interview.

✨Tip Number 3

Prepare to discuss specific examples of how you've maximised product value in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.

✨Tip Number 4

Stay updated on industry trends related to financial services and technology. Being knowledgeable about recent developments can help you engage in meaningful conversations during your interview.

We think you need these skills to ace Product Owner/Business Analyst

Agile Methodology
Business Analysis
Requirements Gathering
Stakeholder Management
Product Backlog Management
Communication Skills
Critical Thinking
Database Query Writing
Process Flow Development
Collaboration with Cross-Functional Teams
Technical Understanding of Business Domains
Decision-Making Skills
Analytical Skills
Microsoft Office Suite (Word, Excel, Visio, PowerPoint)

Some tips for your application 🫡

Tailor Your CV: Make sure to customise your CV for the Product Owner/Business Analyst role. Highlight relevant experience in IT, business analysis, and Agile methodologies. Use keywords from the job description to demonstrate your fit.

Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your understanding of the role and how your skills align with the responsibilities outlined. Mention specific experiences that showcase your ability to maximise product value and collaborate with stakeholders.

Showcase Relevant Skills: Emphasise your critical thinking, communication skills, and experience with data-intensive applications. Provide examples of how you've successfully gathered and analysed requirements in previous roles.

Proofread and Edit: Before submitting your application, thoroughly proofread your documents. Check for spelling and grammatical errors, and ensure that your formatting is consistent and professional. A polished application reflects your attention to detail.

How to prepare for a job interview at Bank of America

✨Understand the Role

Before the interview, make sure you have a solid grasp of what a Product Owner/Business Analyst does. Familiarise yourself with the responsibilities outlined in the job description, such as defining the product vision and collaborating with stakeholders.

✨Showcase Your Agile Experience

Since the role involves working in a scaled Agile model, be prepared to discuss your experience with Agile methodologies. Share specific examples of how you've successfully contributed to Agile projects in the past.

✨Prepare for Technical Questions

Given the technical nature of the position, brush up on your knowledge of database queries and data management. Be ready to discuss how you've used these skills in previous roles, especially in relation to data-intensive applications.

✨Ask Insightful Questions

Prepare a few thoughtful questions to ask the interviewer about the team dynamics, product roadmap, or challenges they face. This shows your genuine interest in the role and helps you assess if it's the right fit for you.

Product Owner/Business Analyst
Bank of America
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Bank of America
  • Product Owner/Business Analyst

    Full-Time
    70000 - 120000 £ / year (est.)

    Application deadline: 2027-07-28

  • Bank of America

    Bank of America

    1904

    Bank of America is one of the world’s leading financial institutions; we support 66 million customers in finance, from individuals, to businesses, governments and institutions. Here, you’ll discover a career with global and local impact. You’ll work in a collaborative team with responsibilities from day one, and plenty of opportunities to shape your career.

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