Senior Product Owner

Posted Yesterday
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Cincinnati, OH, USA
In-Office
Senior level
Fintech
The Role
The Senior Product Owner defines, prioritizes, and manages banking product roadmaps and team backlogs from ideation through release. They collaborate with product, technology, business, risk, compliance, finance, operations, and external partners to improve customer outcomes, support regulatory needs, drive growth, and mitigate risk. Responsibilities include setting goals, monitoring KPIs, coordinating Agile or SAFe delivery, validating customer needs through research, communicating with stakeholders, and supporting product adoption and continuous improvement.
Summary Generated by Built In

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GENERAL FUNCTION:

The Senior Product Owner will be responsible for collaborating with Product Manager(s), Technology, Lines of Business, Risk and other key partners to define and maximize specific bank product(s). May work in conjunction with a more experienced Product Owner or on less complex products within the organization. Will likely need coaching and guidance from the leader while developing further expertise in this role. Is responsible for defining, prioritizing, and managing the development of a product that exceeds customer expectations and drives growth for the Bank. Will help define, develop and support the implementation of product roadmap deliverables, capabilities, and adoption, supporting business outcomes and lead a robust, continuous prioritization process to maximize total value, risk mitigation, and other business benefits across the bank. In some work environments, will be a proponent for SAFe (Strategic Agile Framework) methodologies and will be responsible for working with others to deliver outcomes by the ART (Agile Release Train) by ensuring the team backlog is aligned with customer and stakeholder needs. Will manage and prioritize the team’s backlog by prioritizing, articulating, and delivering new features from ideation through production release. 

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk assessment, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. Support and adhere to all governance processes as defined by Enterprise.

ESSENTIAL DUTIES & RESPONSIBILITIES:

  • Motivate teams to deliver on the strategy and roadmap for continuous growth and improvement of product outcomes and experience.
  • Partner with other business functions, IT, Risk, Finance, Operations, and other key partners to define and execute on the product strategies.
  • Work with senior Product Owners or leadership to establish annual goals, objectives and outcomes for product(s) and customer satisfaction; Track and monitor key performance indicators and outcomes. 
  • Collaborate with cross-functional teams to gain agreement/approval/guidance, including Lines of Business, Operations, Legal, Compliance, Information Security, Fraud, Architecture, and related functions.
  • Provide transparency and ongoing communications with line of business partners/key stakeholders.
  • Make decisions to drive key outcomes in support of regulatory and compliance needs, new revenue growth, process optimization, and other business-wide analytics needs.
  • Work with subject matter experts to solve problems and make decisions in support of the team, with a focus on driving the greatest outcome for the product and the Bank.
  • Engage with research team to define and implement customer usability testing, concept. validation, and co-creation studies to gain insights and identify customer needs and solutions.
  • Partner closely with third parties to cultivate the relationship, understand product releases, remediate defects/outages, and ensure a seamless experience for our employees and customers.
  • Maintain and provide product information to users and partners for training and other documentation.
  • Actively monitor industry trends; participate in industry forums, professional associations, conferences, etc.
  • If appropriate:
    • Support a SAFe mindset across the product teams. 
    • Collaborate with SAFe teams on creating and maintaining a healthy product backlog, creating/reviewing/accepting backlog items (user stories, defects, technical spikes, etc.) and participating in team ceremonies such as sprint reviews/demos.
    • Motivate teams to deliver on roadmaps for improvement of product outcomes and experience through the development of potentially releasable code in each sprint.

SUPERVISORY RESPONSIBILITIES: None.

MINIMUM KNOWLEDGE, SKILLS, & ABILITIES REQUIRED:

  • Bachelor's degree in a related field or equivalent education and related work experience-
  • 4+ years of related experience.
  • Lean Six Sigma certification (Green Belt, Black Belt) desired.
  • Product management background preferred; Ability to interact with and influence within the organization.
  • Ability to consult and articulate key messages to all levels within the organization.
  • Basic business acumen and understanding of business processes related to your product and customers.
  • Experience working in Agile or SAFE development a plus.
  • Ability to promote a work environment that fosters creative thinking and innovation.
  • Ability to have fun, a willingness to try new things and challenge the status quo through trials and an ongoing consideration of value and complexity.
  • Collaborative with strong intellectual curiosity and creative problem solving.
  • Good analytical skills with ability to work through concepts/data and present well thought-out, simple solutions.
  • Ability to self-motivate and work well independently and with different teams; A self-starter with the ability to work in a fast-paced environment with minimal supervision.
Senior Product Owner

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner. 

LOCATION -- Cincinnati, Ohio 45202

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting.  Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third.  Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

Skills Required

  • Bachelor's degree in a related field or equivalent education and related work experience
  • 4+ years of related experience
  • Product management background
  • Experience working in Agile or SAFe development
  • Lean Six Sigma Green Belt or Black Belt certification
  • Ability to influence and collaborate across the organization
  • Ability to consult and articulate key messages to all organizational levels
  • Business acumen and understanding of product-related business processes
  • Strong analytical, creative problem-solving, and communication skills
  • Ability to work independently in a fast-paced environment with minimal supervision

Fifth Third Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fifth Third Bank and has not been reviewed or approved by Fifth Third Bank.

  • Retirement Support A 401(k) company match, an employee stock purchase plan, and financial coaching are included. These offerings are characterized as a strong pillar of the overall package.
  • Leave & Time Off Breadth Paid time off, holidays, sick time, paid volunteer hours, and time for medical appointments are provided, with accrual increasing with tenure. Generous PTO and leave options are presented as standout elements.
  • Parental & Family Support Paid parental bonding leave and adoption assistance are offered, with additional family supports referenced. These benefits strengthen the package for employees with caregiving needs.

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The Company
HQ: Cincinnati, OH
20,258 Employees
Year Founded: 1858

What We Do

At Fifth Third Bank, we are always listening to new ideas so that we can strengthen our commitment to you and the communities we serve.

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