Sr. Product Owner (LOS)

Department Icon Product Management
113+ Applicants
Posted: 1 month ago
0-1 years
Thane, Maharashtra
work from office

Posted: 1 month ago
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Applicants: 114+
Job Description
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Job Description

Key Result Areas:

Responsibilities

Supporting Actions

Scope

  • Complete application ownership and responsibility for change management of LOS and LMS applications used for retail lending
  • Maintain and publish digital application APIs / Web-services for various internal and external integrations
  • Provide status reporting regarding project milestones, deliverable, dependencies, risks and issues, communicating across leadership for LOS and LMS application projects for Retail business
  • Work closely with business team and help define tech requirements for LOS / LMS for integrations
  • Drive tech development with vendor using agile principles, incorporating feedback from users, developers, business and other stakeholders
  • Work with partners to resolve their dev / uat queries and ensure partners go-live in a time-bound manner and have a hands-on approach for resolving issues across LMS and interfaces
  • Work on agile application implementation projects for retail business while meeting development schedules and ensuring the delivered solution meets the technical specifications and design requirements.
  • Working knowledge of LOBs - Secured, unsecured.
  • Thorough understanding of various products like CFG, CMG, INFRA, Large Corporate, SCF, LCMM, corporate loans etc

Business Needs Analysis & Translation

  • Recommend changes to unit / functions products, services and technology footprint to address market conditions and emerging trend
  • Displays a deep understanding of the industry, emerging customer / technology trends and perception of own company vis--vis competitors to help business determine business driven technology goals
  • Supervises documentation of business needs and related technology solutions to meet the technology goals

Business case development

  • Leads complex business case development and reviews business cases developed by others
  • Can clearly articulate the proposed technology use case, related financial analysis, risks, alignment with business strategy to stakeholders
  • Collaborates with relevant stakeholders to identify additional technology opportunities for the organization

Technology Scan

  • Applies best practices from other industries on new technology and communicates the same within team / unit /organization
  • Proactively seeks opportunities to identify and recommend changes to existing system applications to enable integration of emerging technologies by piloting Proof of Concepts

Customer Focus

  • Ensures that business continually responds to changing the needs of customer
  • Reviews and revises the customer segmentation strategy periodically to proactively meet their needs
  • Allocates time and resources to new segments and fosters new product / service development proactively
  • Drives a culture of service across the organization through own words and actions
  • Acts as the Business partner for the customer and owns the success / failure of the customer

Teamwork & Collaboration

  • Provides requisite authority, resources & support for the team to function & deliver
  • Breaks down barriers (structural, functional, cultural) between teams, facilitating the sharing of expertise and resources
  • Brings multiple stakeholders, both internal and external, to resolve issues in organization interest
  • Demonstrates collaboration by proactively looking for opportunities for jointly working with different Businesses of the Group
  • Listens actively to every peer, collaborates with them and makes them feel valued and important
  • Commands respect and credibility from colleagues/ peers-both internal and external
  • Encourages and assist others to develop people networks
  • Build long term relationships across a wide spectrum inside and outside the organization and leverages them, when required, to benefit the organization

Technology Digital Strategy Formulation

  • Leverages understanding of business and IT goals to provide input to the IT strategy
  • Conducts feasibility studies to outline risks and issues associated with proposed technology solutions
  • Escalates risks / benefits to though leader for further consideration before going forward with strategy changes and improvements

Demand Management

  • Leverages relationships with business stakeholders to promote usage of new technologies
  • Oversees expectations management of each unit to ensure that business needs are being met
  • Follows user trends and determine gaps that exist between services / application currently utilized as the needs that are presented

Strategic Vendor Selection & Management

  • Participate in larger supplier / partner selection, assists in setting, selection criteria and potential suppliers evaluation
  • Establishes supplier / partner relationship governance and reviews performance against defined SLAs
  • Raises service improvements when needed, manages issue and resolve disputes
  • Develops plans for specific business initiatives with vendors / business partners
  • Ensures full benefits to organization and IT are realized from third party agreements
  • Establishes relationship parameters, cost and scope through a clear statement of work

Setting up frameworks of standard & procedures

  • Understand project time frame, team, complexity, risk and resources
  • Sets up framework of standards and procedures
  • Visualizing trends during sprints
  • Direct team to allocate time to the tasks where their expertise makes a difference
  • To facilitate the team if there is any development blockages
  • Prioritise activities for meeting timelines

Agile Methodology adoption

  • Reviews all tasks within each Agile phase to ensure overall quality and accuracy
  • Identifies process improvements and implements solutions in Agile methodology

Product Design and Development

  • Manages multiple product portfolios
  • Design product testing policies and processes
  • Oversees Multiple product releases
  • Track the progress of the project and tasks related to them
  • Mitigate risks, increase members productivity levels
  • Keep business structure and other stakeholders updated on the work status on regular intervals

Requirement Gathering & Analysis (Understand client requirements to deliver right solutions)

  • Examines the entire business application from workflow and an end user perspective
  • Reviews business requirements from multiple user areas to ensure compatibility, Mediates for gaps, conflicts or inconsistencies across requirements
  • Implements new processes and tolls to gather requirements
  • Identifies all points of contact from the system perspective and communicates with relevant stakeholders
  • Identifies impact of proposed requirements and provides guidance around process improvement opportunities
  • Anticipates future requirements and customer needs, impacting the customer journey to enhance product and service offering and omni channel presence for different personas
  • Ensure sign off from operations/ treasury/ finance on the requirement specifications

Solution Design

  • Integrates functional design with overall architecture to support user requirements
  • Determines data and process distribution in a way that balances functionality with technical feasibility
  • Estimates solution cost, resource consumption and response time

    Looking to get Placed? Try our Placement Guarantee Plan

  • Assesses the feasibility of an application for a given technical architecture

Change Management

  • Establishes a process that ensures the coherence of system objects and their relationship when the system is deployed
  • Establishes process with lines of business to monitor and track change
  • Ensure that known issues are documented and highlighted appropriately
  • Manage JIRA Sprints and deliveries for TRM module
  • Ensure JIRA process for all change requests for TRM Module

Incident & Problem Management (Application)

  • Assists in the development of policies, procedures and techniques in order to minimize future incident / problem occurrence
  • Implements applications / tools to maximize system integrity
  • Ensures that appropriate action is taken to investigate and resolve problems and documents within the relevant reporting system
  • Coordinates the implementation of agreed remedies and preventative measures

Service Level Management

  • Makes recommendations for Service level Improvement and executes on recommendations to improve
  • Develops and establishes new service levels
  • Measures service level improvements against identified benchmarks and key performance indicators
  • Resolves issues that disrupt operations
  • Monitors trends on SLA compliance overtime and Generates actionable insights
  • Identifies any outliers in terms of SLS compliance

Planning & Budgeting

  • Knowledge of forecasting / budgeting tools and techniques
  • Understands the inputs required to produce an accurate budgetary estimate
  • Analyses reports and provides summary to leadership

ContractManagement

  • Operates within unit policy for vendor management
  • Applies the fundamentals of contract formulation when working with procurement to draw up an individual vendor or business partner agreement
  • Monitors vendor / business partner performance against contractual terms and conditions
  • Seeks feedback and performs actions to improve relationship

Miscellaneous

  • Support in handling audits and close observations shared by coordinating with stakeholders
  • Ensure DR, health checks and Business continuity Plan is performed as per process

Reports

  • Responsible for analyzing data and generating detailed reports which focus on relevant development metrics and KPIs, focusing on the accomplished, planned and blocked tasks
  • Status of projects currently underway and reporting as per frequency

Project Management

  • Ensure quality & timelines are adhered to for all projects.
  • Develop detailed Project plans
  • Monitor adherence to plans to ensure timeliness of projects
  • Review and ensure desired quality of output

Skills

AgileAgile MethodologyProject ManagementUatProduct Owner

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Important dates & deadlines?

Application Deadline

19 May 26, 05:49 PM IST

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Sr. Product Owner (LOS)

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