Product Owner, Manager (Hybrid - 3 Days in Office)

Posted 5 Days Ago
Be an Early Applicant
Headquarters, AZ
138K-206K Annually
Senior level
Financial Services
The Role
The Product Owner will develop and execute the product vision and strategy, ensuring alignment of product features and user stories. This position involves collaboration with various teams to enhance capabilities and deliver well-positioned products based on customer needs. The role includes managing the product backlog, communicating value and status to stakeholders, and ensuring successful change management within the organization.
Summary Generated by Built In

At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:

Do you have passion for understanding customer needs and leveraging technology to deliver value? Do you thrive in a fast-paced and rapidly changing environment? Do you enjoy working with a team of varying skillsets to collectively discover new opportunities to delight customers? If so, a role on the Multifamily Technology team could be a fit for you!

This role will help to transform the way in which Freddie Mac does business. The Product Owner develops and drives the product vision and strategy as one of the closest people in the business to the customer, providing constant feedback to the team and helping to set and drive toward the vision. Specifically, this will support the product management of the Hub capability team and related services. These capabilities are critical to driving the origination pipeline and pricing loans to accelerate the loan lifecycle.

Your Impact:

  • Set ambitious and clear product vision and communicate ‘the story’ effectively to key stakeholders and the rest of the team

  • Own the end-to-end product strategy from inception and determine business value once solution enters production

  • Ensure alignment of product features and stories, i.e., review, give feedback, and prioritize user stories in line with own vision

  • Continuously improve backlog with the team, ensuring all items are clearly described, estimated, and prioritized

  • Ensure customer-driven design considering user pain points & usability test results, using market & industry knowledge as well as continual research, to deliver a well-positioned product

  • Approve each feature and provide valuable feedback for the team

  • Drive sprint and release plans together with the Scrum Master and organizational technology teams

  • Exercise strong decision-making mandate from executive group to own product end-to-end

  • Work with Tech Lead to build a modular & reusable solution

  • Facilitate the collaboration of cross-organizational teams to establish, develop, implement and rollout new and enhanced capabilities.

  • Communicate value and status to various stakeholders and levels of management.

  • Participates or leads activities that support system development & deployment (e.g. process redesign, Day 1 setup, risk & controls documentation, user acceptance testing).

  • Proficient in documenting risk & controls (e.g. policies, procedures, process flows, risk and control matrices).

Qualifications:

  • 8 - 10 years of mortgage related experience with demonstrated experience in Multifamily real estate.

  • 2+ years of management experience

  • Experience delivering large, complex change management projects that involve interfacing with multiple teams, especially projects involving changes to business applications and technology.

  • Demonstrated ability to understand business needs and deliver related value.

  • Strong analytical and problem-solving thought processes.

  • Demonstrated ability in strategizing and applying it decisions.

  • Top notch written and verbal communication skills, including ability to present to management and expertly facilitate meetings.

  • High level of comfort operating in the gray, and flexibility to work on multiple, concurrent assignments.

Keys to Success in this Role:

  • Understanding the needs of customers and their operational processes to identify, design and define solutions that can be effectively implemented to deliver value.

  • Understanding the business strategy and apply it to the prioritization of the product backlog.

  • Leveraging data & analytics to identify the value of proposed ideas and approach for implementing.

  • Representing the Multifamily Technology team as the principal contact as a subject matter expert and product leader.

  • Interact with customers and internal customer-facing staff to obtain feedback on solutions and design to validate and refine value, or pivot to something new.

Current Freddie Mac employees please apply through the internal career site.

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

FLSA Status:Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $138,000 - $206,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.

The Company
HQ: McLean, VA
9,809 Employees
On-site Workplace
Year Founded: 1970

What We Do

Freddie Mac is serving America’s homebuyers, homeowners and renters by financing the creation and preservation of more affordable homeownership and rental opportunities, providing liquidity, stability and affordability to the housing market. We are Making Home Possible for families across the nation.

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