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 Statistics Product Strategy and Support team in Research and Statistics Group (RSG) takes in regulatory reports and other data filings, including economic surveys made by banks, financial institutions and other corporations and analyzes these reports to be sure the information in them is correct. We ensure the information that is reported by the institutions matches the Bank’s request and the actual numbers submitted by these institutions are deemed "fit for use", i.e., the data set is complete and the data quality is appropriate for its intended purpose. Once those processes are complete, we pass the data on to the end-users, which includes Monetary Affairs, Markets, Supervision, Research and Treasury. Processing data of this complexity and scale requires sophisticated technology capabilities, that are adaptive to changes in the market and regulation. SPSS Product Owners manage PDLC of these products from initiation to retirement.

The Statistics Product Team is responsible for collaborating with our business counterparts and stakeholders on Technology solutions that advance the Function Mission and Objectives.

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

Product Strategy and Vision

• Defines and communicates clear product vision and roadmaps with measurable outcomes that are aligned with business objectives. Works with technology partners to ensure integration to the Bank technology roadmap. Drives alignment with product and business interdependencies in the Bank.

• Defines, monitors, and communicates product-specific objectives and key results that align with Bank and Function objectives.

• Designs and integrates usability studies and research into product requirements to enhance user satisfaction; ensures customer driven design.

• Works within delivery squad/s to design and deliver new or complex products and capabilities.

Product Management

• Define and prioritize product requirements based on customer and Bank needs, trends and business objectives.

• Manage the backlog and ensure continuous flow of user stories for the development team.

• Collaborates with UAT coordinator on execution of user acceptance testing approach and scripts; work with the squad to plan releases.

• Partner with support teams when required and orchestrate change management and communications efforts to facilitate business and customer rollout and adoption of new capabilities.

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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.

• Advises and coaches Product Managers and business stakeholders in establishing products’ business value and supports messaging, communication, and stakeholder outreach approach.

Agile Practices

• Partner with Scrum Master and technical teams to participate in agile ceremonies (standups, sprint demos, retrospectives, sprint planning, backlog refinement).

• Continually improve processes and tool to enhance team productivity and product quality.

• Promotes agile behaviors within business areas to accelerate the transition to the new operating model.

The Unique Skill Sets We’re Looking For: 

• Product leadership experience in data collection and data management, data quality and analytics and business process management in customer-facing products and services.

• Subject matter expertise in data management and data analytics including experience with applicable self-service data analytics and business rules tools.

• Proven track record of successfully delivering complex software products and solutions.

• Experience working in an Agile delivery model, preferably Certified Product Owner.

• Superior communication and presentation skills

• Ability to prioritize and make decisions in a fast-paced environment

Other Things to Know: 

Salary Range: $150000 - $200000 / 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.  

 This position requires access to Treasury sensitive information, confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI, Treasury 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.

In addition, candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana, prior to hire and during employment.  

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

Find Out Why We’re an Award-Winning Workplace:  

• Top 3 Most Inspiring Public Sector Workplaces in North America (Inspiring Workplaces, 2024, 2025)

• Early Talent Award Winner (Handshake, 2024, 2025)

• Campus Forward Award Winner (Ripple Match, 2023, 2024, 2025)

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 provide an accommodation or assistance. Please email us at [email protected] and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.  

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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