At Finastra, we’re a global leader in financial services software, dedicated to expanding access to financial services and shaping what’s next for the industry. Our technology powers mission‑critical solutions across Lending, Payments and Universal Banking, supporting over 7,000 customers, including 80% of the world’s top 50 banks, in more than 110 countries.
Finastra has signed an agreement to sell its Universal Banking business to Pollen Street Capital, with completion expected end 2026 / early 2027, subject to consultation and customary closing conditions. Upon completion, this role is expected to transition to the standalone Universal Banking business, creating opportunities to support its future growth and success.
Role OverviewAs a Product Owner for Core Banking (Techno-Functional), you will support Product Director by focusing on Core Banking, Data & AI and translating cross-product solution objectives into actionable product backlogs, solution blueprints, epics, user stories, acceptance criteria, and delivery-ready increments. The role operates across core banking domains, including legacy and modern cores, lending, payments, data, reporting, AI/ML, APIs, events, migration and extensibility frameworks.
This role bridges product strategy, execution, and customer outcomes, requiring deep collaboration across Payments, Lending, digital channels, Data, Analytics and integration ecosystems. You will play a critical role in executing the product direction, ensuring readiness across the product lifecycle—from requirement intake through delivery and adoption.
Key Responsibilities1. Techno-Functional Requirements & Product Development- Lead end-to-end requirement lifecycle, translating business needs into integrated functional and technical specifications, including system interactions, APIs, and data models.
- Collaborate with engineering team squads to deliver scalable features.
- Perform detailed impact and dependency analysis across core modules, upstream/downstream systems, integrations, and data flows, ensuring end-to-end solution integrity.
- Decompose complex capabilities into epics, user stories, and technical tasks with clear acceptance criteria.
- Act as a key liaison across product, engineering, implementation teams, and customers.
- Engage with product owners, functional consultants, and client stakeholders to validate requirements and refine solutions.
- Gather, analyze, and reconcile inputs from multiple sources to drive aligned decisions.
- Conduct product demos and walkthroughs for internal and external stakeholders.
- Own business acceptance testing and validation of delivered features to ensure alignment with requirements.
- Distinguish between defects and enhancements and ensure proper prioritization.
- Drive delivery accountability by working closely with cross-functional teams during release cycles.
- Drive clarity on functional vs. technical dependencies and constraints.
- Convert cross-product solution themes into practical artefacts, including solution blueprints, capability maps, journey maps, dependency views and implementation-ready product requirements.
- Support solution patterns spanning Midas, Equation, Essence, Lending, Payments, Data, Analytics, Reporting and AI/ML capabilities.
- Identify cross-product dependencies and ensure they are visible, prioritized and managed through the relevant product backlogs.
- Support the productization of migration and coexistence frameworks, including legacy-to-modern core transition, progressive migration and multi-core operating models.
- Define backlog items for migration accelerators, reconciliation controls, transformation playbooks and cutover-supporting product capabilities.
- Partner with Professional Services and Architecture to capture migration lessons learned and convert them into reusable product assets.
- Translate product-side technology needs into clear business and product requirements for APIs, events, data architecture, integration patterns, cloud readiness, SaaS readiness, AI readiness and interoperability.
- Provide product ownership support for technology governance items without taking over CTO, Architecture or Engineering decision rights.
- Ensure technology evolution supports customer value, implementation efficiency, upgradeability and product differentiation
- Collaborate with adjacent product domains such as:
- Payments systems
- Lending interactions
- Digital banking channels
- ATM/Switch integrations
- Ensure seamless interoperability across APIs, services, and partner systems.
- Define data ownership, lineage, and processing considerations across systems
- Ensure product supports auditability, traceability, GDPR, data protection and data for the regulatory reporting
- Collaborate with analytics teams to support:
- Operational dashboards
- Customer analytics and ML use cases
- Ability to define and validate data flow across transaction data → reporting → Analytics layers.
- Ability to define and govern customization approaches including:
- Extensions over core product modifications
- Plug-in v/s microservice-based enhancements
- Ensure customizations are loosely coupled, upgrade-safe and scalable
- Define, evolve, and govern a product-aligned customization framework (SDK) that enables extensibility of core banking capabilities while preserving product integrity, scalability, and upgradeability including:
- Define Extensibility patterns (configuration, APIs, events, plug-ins, microservices)
- Collaborate with engineering and architecture teams to design and deliver a robust, secure, and scalable SDK/tooling ecosystem Developer tooling, documentation, and sample implementations
- Alignment with architecture standards (API-first, event-driven, cloud-native)
- Partner with technical writers to produce clear, comprehensive product documentation.
- Ensure documentation supports both internal teams and client implementations.
- Enable consistent product knowledge across teams.
- Identify training needs across internal teams and customers.
- Design and deliver product training programs and feature enablement sessions.
- Act as a Subject Matter Expert (SME) across both domain and technical capabilities.
- 5+ years of experience in core banking product management or solution architecture.
- Strong understanding of:
- Core banking systems (CASA, lending, deposits)
- Payments ecosystems (clearing, real-time, cards)
- Digital and channel integrations
- ATM/Switch/Gateway integrations
- Experience with legacy and modern core banking platforms, preferably including coexistence, migration or transformation contexts.
- Solid understanding of:
- REST APIs and service-based architectures
- Microservices fundamentals
- SQL and data analysis basics
- Cloud-native environments like Azure
- Integration patterns (middleware, ESB, event streaming)
- Ability to interpret and influence high-level and detailed architecture designs.
- The role requires strong expertise in designing and governing core banking customization frameworks that enable client-specific flexibility while preserving product integrity, scalability, and upgradeability
- Hands-on experience with:
- Agile/Scrum methodologies
- SDLC processes and release management
- Requirement lifecycle management (intake → refinement → delivery → validation)
- Ability to handle multiple parallel initiatives in a fast-paced environment.
- Excellent communication and interpersonal skills with the ability to work across technical and business teams.
- Proven ability to influence without authority and drive alignment across diverse stakeholders.
- Ability to translate between business language and technical constructs.
- Experience mentoring junior team members and driving quality outcomes.
- Strong collaboration skills across engineering, consulting, and customer teams.
- Bachelor’s degree in Business, Finance, Computer Science, or related field.
- MBA or equivalent advanced degree is a plus
- Product management certifications (e.g., Pragmatic, Scrum Product Owner) are highly desirable.
- Experience in product-led organizations or platform-based banking systems where reusability, upgradeability and implementation scalability are strategic objectives.
- Exposure to cloud-native core banking architectures.
- Experience in core banking transformation, migration, coexistence or multi-core banking programmes.
- Strong understanding of regulatory and compliance considerations in banking.
- Track record of driving customer-centric enhancements and adoption outcomes.
- Exposure to Open Banking & API ecosystems, Advanced Analytics and ML-driven products
- Strong understanding of regulatory frameworks (FCA, PRA, PSD2, GDPR), data governance and auditability in banking systems
We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we stand for:
Flexibility: Enjoy unlimited vacation, subject to local regulations and business priorities. Benefit from hybrid working arrangements and inclusive policies such as paid time off for voting, bereavement, and sick leave.
Well‑being: Access confidential one‑to‑one support through our Employee Assistance Program, connect with our network of Wellbeing Champions and Gather Groups, and take part in monthly events and initiatives designed to help you thrive—inside and outside of work.
Health & Financial Security: Medical, life and disability insurance, retirement plans, lifestyle, and other benefits.*
Sustainability: Paid time off for volunteering and donation‑matching opportunities to support causes that matter to you.
Inclusion: Get involved in our inclusion communities, such as Count Me In, Culture@Finastra, Proud@Finastra, Disabilities@Finastra, and Women@Finastra—open to everyone who wants to participate and contribute.
Career Development: Access online learning and accredited courses through our Skills & Career Navigator tool.
Recognition: Take part in our global recognition program, Finastra Celebrates, and share your voice through regular employee surveys that help shape our culture and ways of working.
*Specific benefits may vary by location.
At Finastra, each individual is unique—bringing their own ideas, perspectives, cultural backgrounds, and experiences. We learn from one another, value what makes us different, and create an environment where everyone feels included, supported, and able to be their authentic selves.
Be unique. Be exceptional. Help us make a difference at Finastra.
Skills Required
- Relevant financial services software experience
- Financial industry experience
- Experience with project management software application analysis, design, or implementation
- Knowledge of project management principles
- Proven product management accomplishments and initiatives
- Demonstrated success in product launches and end-to-end marketing strategy execution
- Consumer lending operations experience
- Credit policy experience
- Mortgage banking experience
- Financial institution product management experience
Finastra Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Finastra and has not been reviewed or approved by Finastra.
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Leave & Time Off Breadth — Leave is positioned as flexible/“unlimited” in many roles, which can support work-life balance when team norms allow it. Hybrid/flexible working is also framed as a core part of the overall rewards experience.
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Parental & Family Support — Parental leave is described as relatively generous in the US, with multiple references to roughly three months (or around 12 weeks) fully paid and equal leave for mothers and fathers. This is repeatedly highlighted as a meaningful component of the benefits package.
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Wellbeing & Lifestyle Benefits — Wellbeing support is emphasized through offerings like an Employee Assistance Program and TaskHuman coaching, alongside volunteering time off and employee networks. These programs broaden total rewards beyond cash compensation.
Finastra Insights
What We Do
At Finastra our purpose is to unlock the power of finance for everyone & redefine finance for good. We’re the orchestrator of open finance; building and delivering innovative, next-generation technology on our open Fusion software architecture and cloud ecosystem. We’re one of the world’s largest FinTechs, working with over 9,000 customers including 90 of the top 100 banks globally. We’re creating a pioneering open platform that’s disrupting the financial industry, changing how financial software is developed and used. We believe in collaboration for innovation, to unlock the potential of people, businesses and communities. We have an unmatched portfolio of financial software and deliver mission critical solutions for financial institutions of all sizes, on premises or in the cloud. Our open architecture and platform approach embrace a wide ecosystem of partners and co innovators. Together we're leading the way in which applications are written, deployed and consumed in the world of financial services. Our people mission is to be the most loved and inclusive fintech company in the world; a mission we take seriously. DE&I factors into everything we do and every decision we make as a business. When you join Finastra, you open up a world of possibilities. With us, you can supercharge financial institutions, big tech and fintech while also building a more inclusive finance industry. We believe our people thrive when given the opportunity to be their authentic selves and we trust our people to work how, when and where they want; this is OPENworking. Our 2+ policy provides the perfect mix of focused work at home, coupled with the meaningful connection that comes from in person collaboration, coaching and community. We're rolling out a new programme where our people take as much leave as they need; we do not count vacation days and we trust our people to work in a way that suits them, when it suits them. Come join the future of Fintech, and make your world. OPEN.
