Product Owner

About UsAt Bank of America we are guided by a common purpose to help make financial lives better through the power of every connection Responsible Growth is how we run our company and how we deliver for our clients teammates communities and shareholders every day One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world Were devoted to being a diverse and inclusive workplace for everyone We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical emotional and financial well-being Bank of America believes both in the importance of working together and offering flexibility to our employees We use a multi-faceted approach for flexibility depending on the various roles in our organization Working at Bank of America will give you a great career with opportunities to learn grow and make an impact along with the power to make a difference Join us Global Business ServicesGlobal Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed globally integrated delivery model and globally resilient operations Global Business Services is recognized for flawless execution sound risk management operational resiliency operational excellence and innovation In India we are present in five locations and operate as BA Continuum India Private Limited BACI a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services Process Overview Payment Initiation Channel to initiate various payment types such as International Wire Multi Bank Wire Draft and ACH transfers for Single Currency Cross Currency and Cross Currency Cross Border payments Global Payments extensively involves FX conversion for cross currency payments offering Real Time as well as Manual FX rates as per client preferences It is also capable of identifying classifying and routing payments individually to various distinct downstream applications and clearing systems as per business requirement Cashpro portal facilitates Cashpro Clients to - Input Payment Approval Reports Repair Delete Template Manager File Import Preferences Administration Audit Logging CPO Notifications Fraud Support Tools Offshore GBS team support includes BA Development and Testing related activities along with Onshore SMEs on the project management and support This deck covers the current accomplishment team s learning progress and plans to enhance domain and functional knowledge of CPS offshore team This role is responsible for maximizing the valuefor a product Key responsibilities include defining the vision and roadmap forthe product defining and prioritizing stories in the product backlog and articulating this to both stakeholders and thedevelopment team This role works closely with stakeholders to understand their needs and with the Product Manager in ascaled Agile model to ensure there is alignment They are developing in the role of a Product Owner possessing a workingknowledge of the product and basic understanding of the business or technology domain Responsibilities - create the vision and roadmap for the product to align with strategicdirection for the business or technology domain - Communicate the product vision and roadmap to stakeholders and the team - Collaborate with stakeholders to understand their needs and problems - Create and prioritize work for a team learning to collaborate with cross functional teams create s and prioritize s stories in the product backlog - Refine stories with the team to ensure there are enough ready stories to load the next 1 2 sprints - Review and accept stories and make on the spot decisions regarding scope and requirements - Work in partnership with the team to ensure that optimum value is obtained through technology and through an advanced understanding of the business Requirements - 12 years experience working as product owner on scrum team- Knowledge of products and services business flows understanding of financial context- Strong knowledge of agile best practices and principles able to apply these to all phases of SDLC- Ability to provide input for planning of new projects- Ability to identify and escalate risks define mitigation plan- Ability to facilitate team ceremonies against backlog- Ability to prioritize work-Manage risks dependencies impediments for the team-Ability to answer teams questions clearly and effectively-Understanding of stakeholder expectations and updates to keep stakeholders informed-Ability to speak clearly and effectively to stakeholders as needed-Strong knowledge of SDLC-Ability to collaborate effectively with the team-Awareness of testing practices Experience with hands on testingRequirements Education B Tech M Tech MCACertifications if any CIPSP CSPO Additional Payments domain certifications are good to haveExperience Range 12 Years of ExperienceFoundational Skills Primary Skills -Very strong Global Payments domain knowledge in terms of Payment Initiation Processing Clearing and Settlement End to end understanding of Payment Life CycleUnderstanding of Agile MethodologyExpertise in writing Agile StoriesDesired Skills Mentioned above Work Timings 11 AM - 9 PM If project requires we might need to extend the shifts as well Job Location Chennai