Associate Director, Institutional Trade Processing Product Owner

Are you ready to make an impact at DTCC? 

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve. 

The Global Operations, Client Services & Administration group delivers world-class safety and soundness for the global financial services industry. The team provides DTCC’s portfolio of core securities and superior transaction processing and client services support in an environment that minimizes risk and cost while maximizing efficiency.

Pay and Benefits: 

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The Impact you will have in this role: 
 

The Product Owner is a core member of the Data Modernization and Analytics team responsible for translating the product vision into squad deliverables to achieve the product strategy, aligned with maximizing value to the client. This is done through managing scope and product backlog in collaboration with the squad, Product Manager , clients (internal/external) and key stakeholders. This role is an essential part to our Enterprise Data Tribe which offers the candidate an unparalleled opportunity to support the success of a growing portfolio of data services that offer referential and activity-based data solutions sourced from DTCC's transaction, reference, position and asset servicing data covering all major asset classes. As the premier post-trade market infrastructure for the global financial services industry, DTCC simplifies the complexities of data management across transaction types and asset classes, increasing transparency, mitigating risk and driving efficiencies for financial firms.

Your Primary Responsibilities: 

• Translates the Enterprise Data Tribe product vision into a roadmap, squad deliverables and release plans
• Independently lead multiple project teams across assigned projects, through the life cycle from initiation to closing
• Collaborate across all stakeholder groups to elicit business requirements, develop and document project plans, identify resource requirements, and estimate effort for assigned projects
• Manages the squad’s backlog:
• Creates and refines the backlog of user stories with the squad to provide the right level of detail at the right time to achieve definition of ready (preparation for development)
• Accepts or rejects backlog items, according to acceptance criteria, during the sprint
• Brings the voice of the client (external/internal) into the squad
• Cultivates relationships with the Tribe Lead and key stakeholders to identify issues, risks, and dependencies, and maintain alignment to achieve product strategy
• Incorporates and prioritizes technical work, as required, to deliver on release objectives
• Maximizes product value by evaluating implementation alternatives and considering impact of changing scope on budget and estimates
• Provide analytical and reporting capabilities to support decision making by the business partners
• Craft and deliver clear and concise high quality presentations to partners and leadership that provide the appropriate level of detail for the intended audience
• Attends and participates in all squad meetings (example. sprint and release events)
• Mitigate risk by following established procedures and monitoring controls, spotting key errors, and demonstrating strong ethical behavior
• Mitigates risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior.

Qualifications:

• Minimum of 8 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed for Success:

• Self-starter with a solid ability to prioritize, own and drive projects, and quickly learn new concepts and frameworks
• Prior experience communicating with all stakeholders (technology, clients, finance, integration, operations teams) to engage in discussion, create user stories, and consistently deliver the right products and solutions
• Ability to work in a fast-paced environment and adapt to shifting priorities
• Knowledge of financial services operations and technology; experience in banking, capital markets, or financial operations is a plus
• Solid understanding of data management processes and standard methodologies
   

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC’s subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.