Product Owner

HCL is a $11 billion leading global technology enterprise consisting of over 200,000 professionals operating from 52 countries. Founded in 1976, HCL is one of India\’s original IT garage start-ups. For more on HCL, please visit www.hcl.com

Location: London, UK

Experience: 8–12 years (adjust as needed)

Employment Type: Full-time

Job Description

We are seeking an experienced Product Owner with strong Financial Services Risk domain expertise to lead the definition, prioritization, and delivery of risk-focused digital products. The ideal candidate will act as the bridge between business, risk, compliance, and technology teams, ensuring solutions meet regulatory requirements while delivering business value.

Key Responsibilities

• Own and manage the product backlog, ensuring alignment with business goals, regulatory requirements, and risk frameworks
• Translate risk and compliance requirements into clear user stories, acceptance criteria, and functional specifications
• Prioritize backlog items based on risk impact, regulatory deadlines, and business value
• Work closely with Scrum Masters and development teams in Agile / SAFe environments
• Participate in sprint planning, reviews, retrospectives, and backlog grooming

Risk & Financial Services Domain

• Collaborate with Risk, Compliance, Audit, Legal, and Regulatory teams
• Ensure solutions align with financial regulations such as:
• Basel III / IV
• AML / KYC
• SOX
• GDPR / Data Privacy
• CCAR, Stress Testing, Model Risk (as applicable)
• Support initiatives related to:
• Credit Risk, Market Risk, Operational Risk
• Regulatory Reporting and Risk Data Aggregation

Stakeholder Management

• Act as the primary point of contact for business stakeholders and risk SMEs
• Facilitate requirement workshops and stakeholder reviews
• Communicate product vision, roadmap, and delivery status clearly to senior leadership

Quality & Compliance

• Ensure delivered solutions meet audit, compliance, and control standards
• Support UAT, regulatory reviews, and internal/external audits
• Drive continuous improvement in risk controls and product effectiveness

Required Skills & Qualifications

Mandatory

• Strong experience as a Product Owner or Business Product Lead
• Solid Financial Services Risk domain knowledge (Banking / Capital Markets / Insurance)
• Hands-on experience with Agile / Scrum methodologies
• Ability to translate complex regulatory requirements into actionable product features
• Strong analytical, documentation, and communication skills

Preferred

• Experience working with risk platforms, GRC tools, or regulatory reporting systems
• Familiarity with data-driven risk solutions, dashboards, and analytics
• CSPO or equivalent Agile certification

Education

• Bachelor’s degree in Finance, Business, Technology, or related field
• MBA or relevant risk certification (FRM, PRM) is a plus

Why Join Us?

• Work on high-impact regulatory and risk transformation initiatives
• Collaborate with global financial institutions and senior stakeholders
• Be part of a fast-paced, innovation-driven environment