Product Owner

CompanyFederal Reserve Bank of New York

When you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system. At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to time remains important to achieving our mission.

Our Unique Work:

The Operations and Resiliency (O&R) Group operates and oversees the provisioning of financial accounts and services, including the distribution of currency for the Second district as well as gold safekeeping operations on behalf of the Federal Reserve System, and provides critical operations support to the broader Bank including law enforcement, business continuity and resiliency. Within O&R sits the Strategy and Product Advancement team (S&PA), responsible for partnering with Bank stakeholders to deliver a high-value product portfolio and access to technology services in support of the Group’s strategic priorities, leveraging business and product area expertise.

S&PA is seeking a qualified candidate who can support the O&R product portfolio by collaborating with our business counterparts and stakeholders on technology solutions that advance our mission and objectives.

How You’ll Make an Impact as a Product Owner:

Product Strategy and Vision

• Define and communicate clear product vision and roadmaps with measurable outcomes that introduce new capabilities and align with business objectives
• Leverage market knowledge and innovative thinking to identify trends and integrate research into user-centered product requirements
• Define, monitor, and communicate product-specific objectives, KPIs, and results that align with Bank priorities while ensuring technology roadmap integration
• Drive cross-functional alignment and collaborate with business line executives on end-to-end strategy from inception to production

Product Management

• Manage diverse technology needs across Operations and Resiliency functions, including defining, prioritizing, and managing product requirements and backlog based on customer needs, business objectives, and risk remediation to prevent technical debt
• Coordinate demos, user feedback sessions, and release management activities, including training and onboarding support to enable full user adoption of technology product features
• Collaborate with development squads and UAT coordinators to design, test, and deliver new products, capabilities, and enhancements

Stakeholder Management

• Effectively communicate product plans, roadmaps, and progress to internal stakeholders and leadership
• Represent the voice of the customer and advocate for their needs throughout the product lifecycle
• Coordinate stakeholder communication and decision-making related to the product portfolio in line with governance requirements, including preparing and delivering product proposals and messaging to governance forums

Agile Practices

• Partner with Scrum Masters and technical teams in agile ceremonies while adapting to changing priorities across platform squads
• Promote agile behaviors and continually improve processes and tools to enhance team productivity and product quality

The Unique Skill Sets We’re Looking For: 

• Experience in product management, with ability to understand and address business leadership and user needs
• Strong integration mindset to manage product dependencies across product lines, with experience balancing competing priorities between business areas and technology teams
• Proven track record facilitating agile ceremonies, managing backlogs, tracking team metrics, and leading cross-functional teams in an agile environment
• Excellent stakeholder management skills, with ability to influence through negotiation and personal leadership
• Strong written and verbal communication skills to articulate complex ideas to both technical and non-technical audiences across governance forums
• Experience developing strategic product roadmaps aligned with business objectives and translating requirements into deliverable solutions
• Understanding of technology platforms in a highly regulated environment
• Data-driven approach to decision making with experience defining, monitoring, and interpreting product KPIs

• Proficiency in data analysis/visualization tools, particularly Tableau, Alteryx, and Qualtrics, and Microsoft Power Platform tools preferred

Other Things to Know: 

Salary Range: $156000 - $206000 / year 

We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.  

How We’ll Support You: 

Our programs and benefits are designed to support you through all your life stages:

• Learning & Growing: Educational assistance, career development tools, and stretch opportunities
• Supporting Your Family: Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and more
• Managing Your Health: Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center
• Optimizing Your Finances: Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation program

Our Culture is deeply grounded in our Touchstone Behaviors— By working with us, you’ll have the opportunity to develop and demonstrate your ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achieve success and set clear expectations for leading with impact at every stage of your career. Learn more.  

Apply now if you’re ready to join us in strengthening the U.S. economy together. Want to consider our other opportunities? Click here to see all our open roles.

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules. 

  

We value accessibility for all candidates and are happy to discuss an accommodation or assistance. Visit our careers page for more information about requesting an accommodation during the recruiting process.

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change. 

Full Time / Part TimeFull time

Regular / TemporaryRegular

Job Exempt (Yes / No)Yes

Job CategoryProject/Product Management Family Group

Work ShiftFirst (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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