Principal Product Owner - Compensation/HR/Benefits (Human Resources)

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Chicago, IL
Hybrid
111K-155K Annually
7+ Years Experience
Cloud • Fintech • Machine Learning • Analytics • Financial Services
We power a network that helps people achieve a brighter financial future.
The Role

Discover. A brighter future.
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.
Job Description:
Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.
The Principal Product Owner on the HR Technology team will partner with the Human Resources, Compensation and Benefits business leaders to ensure the outcomes for a product are delivered that meet the requests from stakeholders while managing change impacts of the deliverables to other business and processes. This requires a fundamental understanding of the Human Resources, Compensation and Benefits business functions and their constraints (financial, marketing, compliance, legal, service, the customer environment, the technical capabilities, the user experience, etc.) to deliver viable solutions. The role will actively manage and escalate risks and customer-impacting issues within the day-to-day role to the management team.
Responsibilities

  • Lead the prioritization of business requests by collaborating with Human Resources, Compensation and Benefits business leaders on key product considerations for Workday and ServiceNow to ensure initiatives are properly resourced and planned.
  • Leverage insights, feedback, financials, compliance, and risk data to define key product features and product roadmaps in partnership with the business leaders and HR Technology configuration team.
  • Align with Workday and ServiceNow product vision, features, best practices, and roadmap to leverage their high impact delivered functionalities.
  • Create key product documentation (e.g., business requirements document, project timeline, decisions log, process map, User Acceptance Test scenarios, approval tracking etc.) to capture information that provides clarity for the Product team and key stakeholders.
  • Capture high-level business requirements to include end-to-end impacts of enhancements/initiatives which will support HR Technology configurations team and the Business Technology team to initiate the work.
  • Identify and define key non-functional requirements (e.g., security roles, availability, performance, etc.) to achieve necessary product metrics.
  • Own definition of Minimum Viable Product (MVP) and features/user stories for product delivery roadmap in-line with the Objectives and Key Results (OKRs) of the greater product vision outlined by Senior Manager, HR Technology Product Owner and/or Business Owner as the final decision maker for product scope.
  • Build and prioritize product enhancements log to achieve OKRs and keep the log up to date through continuous collaboration with the business leaders, HR Technology configurations team and Business Technology team.
  • Ensure product features and processes align with applicable Discover compliance, risk and quality management standards.
  • Create and validate user story acceptance criteria by defining appropriate testing frameworks for product features (e.g., execute unit testing, facilitate user acceptance testing, collaborate on functional performance testing, etc.).
  • Work with Data Stewards in their respective Line of Business (LOBs) to ensure required data quality controls are identified and implemented.
  • Partner with Business Technology team to create technical features that are required to continuously optimize system components and underline infrastructure maintenance.
  • Build a culture of accountability and ownership by collaborating with the HR Technology configurations team and Business Technology team to set target implementation timeline and monitor progress; manage dependencies with other business functions while identifying, building, and fostering partnership across different product teams.


Minimum Qualifications

  • Bachelor's Degree in Business or related
  • 6+ years' experience with Product, Business, Technical, or related
  • In lieu of a degree, 8+ years' experience with Product, Business, Technical, or related


Preferred Qualifications
If we had our say, we'd also look for:

  • Working knowledge of Workday's Advanced Compensation and Core HCM products
  • Working knowledge Benefits programs and enrollment events
  • Project Management experience (PMP a plus)
  • Experience in business requirements gathering, User Acceptance Testing facilitation, Change Management support
  • Working knowledge of Agile methodology


Application Deadline:
The application window for this position is anticipated to close on Aug-21-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
Compensation:
The base pay for this position generally ranges between $110,500.00 to $154,900.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.
Benefits:
We also offer a range of benefits and programs based on eligibility. These benefits include:

  • Paid Parental Leave
  • Paid Time Off
  • 401(k) Plan
  • Medical, Dental, Vision, & Health Savings Account
  • STD, Life, LTD and AD&D
  • Recognition Program
  • Education Assistance
  • Commuter Benefits
  • Family Support Programs
  • Employee Stock Purchase Plan


Learn more at mydiscoverbenefits.com .
What are you waiting for? Apply today!
All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.
Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights & Pay Transparency Nondiscrimination Provision)
Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email [email protected] . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

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HQ: Riverwoods, IL
18,000 Employees
Hybrid Workplace
Year Founded: 1986

What We Do

Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

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