At a Glance
- Tasks: Lead product development in the Payments portfolio, ensuring user needs are met.
- Company: Dynamic company focused on creating customer-centric payment solutions.
- Benefits: Competitive salary, career growth, and a collaborative work environment.
- Other info: Join a vibrant team in Coventry with opportunities for continuous learning.
- Why this job: Shape products that customers love and drive real impact in the payments industry.
- Qualifications: Experience in product ownership, user experience, and agile methodologies.
The predicted salary is between 40000 - 55000 £ per year.
We are looking for an experienced Product Owner who is passionate about building products that customers love and will take full accountability for the discovery, definition, delivery and performance of products and services in the Payments portfolio.
You will be responsible for understanding and meeting the needs of your users and driving the successful execution of software delivery to deliver user value and commercial success. Through creative thinking, an evidence-based approach, ruthless prioritisation and a keen focus on user and business value; you will create buy-in for the product development internally and externally, working effectively with your Agile delivery teams and wider business stakeholders. To do this, you’ll build a deep understanding of the users of your products.
We are looking for a strong all-rounder who has experience as a storyteller, customer requirement gathering, technical liaison, user experience development, data analytics and service readiness.
Key Responsibilities
- Work with the Product Manager to translate the product vision into clear, achievable and value-driven goals for the team.
- Maximise product value by understanding customer, market and business needs and ensuring these are reflected throughout development.
- Gather, analyse and communicate requirements using techniques such as user journey mapping, process mapping, use cases and user story mapping.
- Translate customer requirements, business objectives and technical solutions into clear, detailed and actionable user stories.
- Own and manage the team backlog, ensuring priorities are understood, appropriately estimated, up to date and aligned with delivery timescales.
- Collaborate effectively with development and cross-functional teams to communicate product requirements, support decision-making and drive successful delivery.
- Identify and manage product delivery risks alongside the Delivery Manager, resolving or mitigating issues wherever possible.
- Define product success measures, monitor performance and user behaviour, and use insights to support continuous improvement and optimisation.
- Manage the full product lifecycle from initial requirements and development through to delivery, compliance, optimisation and ongoing maintenance.
- Build strong relationships with internal and external stakeholders, manage expectations and support organisational readiness for new products through education, communication and product information.
Skills, Knowledge & Expertise
- Develop a strong understanding of customer and market needs, championing these throughout product development and delivery.
- Demonstrate experience in opportunity, problem and solution discovery, with a strong understanding of user experience and customer-focused product design.
- Develop commercially valuable products that meet user needs and contribute to positive customer and business outcomes.
- Effectively plan, prioritise and manage product feature backlogs while contributing to the development and evolution of the product roadmap.
- Analyse product, user and financial data using business intelligence tools to support informed product decisions.
- Influence and collaborate effectively across cross-functional teams, including Marketing, Sales, Engineering, Service and Customer Success, with strong presentation, organisational and time management skills.
- Work effectively within an agile product development environment, using approaches such as hypothesis development, prototyping, usability testing and customer feedback to continually improve products.
- Maintain an understanding of relevant legal and compliance requirements, including GDPR, with experience in EdTech and payment solutions considered desirable.
Product Owner in Coventry employer: ParentPay Group
At ParentPay Group, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. As a Payments Product Owner, you will benefit from a collaborative environment that prioritises user-centric delivery, alongside ample opportunities for professional growth and development. Located in a vibrant area, we offer a range of employee benefits designed to support your well-being and career progression, making us an exceptional employer for those seeking meaningful and rewarding work.
StudySmarter Expert Advice🤫
We think this is how you could land Product Owner in Coventry
✨Join Product Management Meetups
Get involved in local product management meetups or workshops. These events are perfect for meeting industry folks, sharing ideas, and staying updated on trends. Plus, you never know who might be hiring—it's a fantastic way to make connections that could lead to a job at places like ParentPay Group!
✨Show Off Your Product Sense
Create case studies or mini-projects showcasing your product management skills, and share them on platforms like Medium or LinkedIn. This not only puts your skills on display but also boosts your visibility in the product community. Imagine how impressed the hiring team at ParentPay Group would be by your initiative!
✨Utilise Online Communities
Dive into online product management communities like Product Coalition or Mind the Product. Engage in discussions, ask questions, and share your insights. These platforms are goldmines for networking and finding hidden job opportunities—many companies often scout talent from within these circles.
✨Leverage Your University Network
If you’ve recently graduated or are still in uni, tap into your alumni network for connections in product management. Many universities have their own job boards and affinity resources to help graduates land roles. Don't forget to keep an eye out for job openings at ParentPay Group through your school's career services!
We think you need these skills to ace Product Owner in Coventry
Some tips for your application 🫡
Show Off Your Product Passion:When applying for a product management role like Product Owner, let your passion for developing products shine through in your cover letter. Share specific examples of products you've managed, how you solved user needs, and any successful outcomes you've achieved. This is your chance to showcase your understanding of the product lifecycle!
Highlight Your Cross-Functional Skills:Product management isn't just about understanding the product; it’s about collaborating with different teams! Make sure to emphasise your experience working with developers, designers, and marketers. Use your CV to showcase your ability to bridge gaps between these areas, and include relevant experiences that demonstrate your communication and leadership skills!
Include Your Metrics and Achievements:In a full-time product management application, data speaks volumes! Quantify your achievements wherever possible. Did you increase user retention by a certain percentage? Launch a product ahead of schedule? Include these metrics in your CV to paint a picture of your impact and effectiveness in previous roles.
Tailor Your CV to the Role:Make sure your CV is tailored for the Product Owner position at ParentPay Group. Use keywords from the job description and ensure your relevant experiences are front and centre. Highlight any certifications or relevant training you’ve completed that will make you stand out as a strong candidate for the role. And remember, we’re excited to see your application on our website!
How to prepare for a job interview at ParentPay Group
✨Understand the Product Life Cycle
As a product management candidate, we need to get our head around the complete product life cycle. Be prepared to discuss real-world examples of how you’ve managed product development from ideation to launch. Bring specific insights on tools like JIRA or Trello that can help streamline these processes.
✨Showcase Your Cross-Functional Skills
Product management is all about collaboration. We should be ready to highlight how we’ve worked across teams—think marketing, engineering, and design. Prepare to discuss scenarios where you had to mediate differing opinions and how you got everyone on board with a shared vision.
✨Prepare for Case Studies
In a full-time role, we can expect to encounter case study questions during our interviews. Practise solving hypothetical product problems on the spot, such as prioritising features for a new app or improving user engagement metrics. This will show our analytical thinking and decision-making skills.
✨Know Your Metrics
Let’s face it, numbers are our best friends in product management. We should prepare to discuss key performance indicators (KPIs) and how we've used analytics to inform product decisions. Dive into examples where data has driven our strategy for improvements or justified product changes.