At a Glance
- Tasks: Lead product development, manage backlogs, and ensure top-notch customer experiences.
- Company: Join a leading digital banking and payments company focused on innovation and growth.
- Benefits: Enjoy a collaborative culture, opportunities for growth, and the chance to make a real impact.
- Why this job: Be part of a team that values uniqueness and empowers you to shine from Day 1.
- Qualifications: Bachelor's degree or relevant experience in Product Management or Engineering required.
- Other info: Remote work options available; apply before Dec-24-2024!
The predicted salary is between 36000 - 60000 £ per year.
With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine. Come build your future, while being the reason millions of people find a brighter financial future with Discover.
What You’ll Do
- The Product Professional is responsible for maximizing the value of the product resulting from the work of the Team.
- Product Professionals are at the centre of delivering new products and driving innovation on platforms that improve customer experience, meet customer needs, and create business value while prioritising "what" the team is working on to deliver value to the customer.
- The Product Professional is a servant leader and not the manager of team members, has well-rounded job knowledge and helps to coach/mentor others on the team.
- Structure the work for the team and delegates the work.
- Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
How You’ll Do It
- Builds product backlog, prioritises its items to achieve Objectives and Key Results (OKRs) and continuously keeps it up to date.
- Maintains key product documentation (e.g., customer journey map, technical specs, process mapping, etc.).
- Understand and ensure product features and processes align with applicable Discover regulatory, compliance, and risk management standards.
- Ensures product adheres to the highest quality standards, including releasing security patches not linked to customers.
- Articulates requirements (regulatory, contractual) into use cases, agile stories, and acceptance criteria to ensure compliance.
- Creates and validates user story acceptance criteria.
- Inspect and evaluate product progress through each iteration.
- Leads Agile practices (sprints, planning, execution, and retros) and holds meetings with the product team to continuously update product backlog.
- Defines functional and non-functional product requirements; ensures completeness; integral and consistent; source of requirements for product team.
- Creates and validates user story acceptance criteria.
- Executes appropriate testing frameworks for product features (e.g., market testing, functional performance, etc.).
- Works with Data stewards in their respective LOBs to ensure required Data quality controls are identified and implemented.
- Partners with business technology to create technical features that are required to continuously optimise system components and underline infrastructure maintenance.
- Manages and communicates scope, deliverables, timelines of projects and/or plans through storyboarding and structuring complex information visually.
- Contributes to the product development and vision by connecting how customer solutions support business goals.
- Responsible for delivering Minimum Viable Product (MVP).
- Collaborate with cross-functional teams to support go-to-market strategies.
- Builds a culture of accountability and ownership by empowering the product team to make decisions as close to the work as possible.
- Partners with vendors and/or cross-functional partners in the evaluation, development, management, monitoring and/or enhancement of assigned products and/or programs.
Qualifications You’ll Need
- Bachelor's Degree in Information Technology, Engineering, Business Administration and Management, Finance, Mathematics, Economics, Statistics or related field.
- Experience in Product Management or Engineering experience in Financial Services or Tech Industry, or Related.
- In lieu of a degree, experience in Product Management or Engineering experience in Financial Services or Tech Industry, or Related.
Physical and Cognitive Requirements
- Primarily remain in a stationary position.
- No required movement about the work environment to complete the major responsibilities of the job.
- Primarily performed indoors in an office setting.
- Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.
- Ability to communicate verbally and in written form.
Bonus Points If You Have
- Agile Certification - Certified Scrum Master or Scrum Product Owner.
- Product Owner experience in Financial Services/Payments/Tech industry.
- Excellent communication skills- verbal and written.
Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United Kingdom on a full-time basis.
Application Deadline: The application window for this position is anticipated to close on Dec-24-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
Product Owner (Payments) employer: Discover Financial Services
Contact Detail:
Discover Financial Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Owner (Payments)
✨Tip Number 1
Familiarise yourself with Agile methodologies, as this role heavily relies on Agile practices. Understanding sprints, planning, and retrospectives will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Showcase your ability to manage product backlogs effectively. Be prepared to discuss how you've prioritised tasks in previous roles and how that led to successful outcomes, as this is a key responsibility of the Product Owner.
✨Tip Number 3
Highlight any experience you have in the financial services or tech industry, particularly related to payments. This will set you apart from other candidates and show that you understand the specific challenges and opportunities in this sector.
✨Tip Number 4
Prepare to discuss how you’ve collaborated with cross-functional teams in the past. Being able to illustrate your teamwork skills and how you’ve contributed to go-to-market strategies will resonate well with the hiring team.
We think you need these skills to ace Product Owner (Payments)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in product management, especially within financial services or tech. Use keywords from the job description to demonstrate that you meet the qualifications.
Craft a Compelling Cover Letter: In your cover letter, express your passion for product ownership and how your skills align with the company's values. Mention specific examples of how you've successfully managed product backlogs or led agile teams.
Showcase Your Agile Experience: If you have Agile certification or experience, be sure to include this prominently in your application. Discuss any relevant projects where you applied Agile methodologies to deliver successful products.
Highlight Communication Skills: Since excellent communication is crucial for this role, provide examples of how you've effectively communicated with cross-functional teams or stakeholders in previous positions. This can set you apart from other candidates.
How to prepare for a job interview at Discover Financial Services
✨Understand the Product Owner Role
Make sure you have a solid grasp of what a Product Owner does, especially in the context of payments. Familiarise yourself with Agile methodologies and how they apply to product management, as this will be crucial in your discussions.
✨Showcase Your Experience
Prepare to discuss your previous experience in product management or engineering, particularly within financial services or tech. Highlight specific projects where you maximised product value and improved customer experience.
✨Demonstrate Collaboration Skills
Since the role emphasises teamwork, be ready to share examples of how you've successfully collaborated with cross-functional teams. Discuss how you’ve empowered team members and built a culture of accountability.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and ability to manage risks. Think about past challenges you've faced and how you navigated them, particularly in relation to product backlog management and compliance.