IT Officer, Product Owner

**IT Officer, Product Owner**

Job #:
req30399
Organization:
IFC
Sector:
Information Technology
Grade:
GF
Term Duration:
3 years 0 months
Recruitment Type:
Local Recruitment

**Location**:
Chennai,India
Required Language(s):
English
Preferred Language(s):
Closing Date:
11/28/2024 (MM/DD/YYYY) at 11:59pm UTC

Description

The mission of the Corporate Information Technologies Department (CIT) is to leverage information technology to enable IFC's strategic priorities and support IFC's business and operations. The department provides state-of-the-art information and technology solutions to support IFC's operations by acting as the technology partner and enabler.

CIT is looking for a highly motivated, experienced, and versatile Product Owner with Investment Banking domain knowledge and strong business analytical and technical skills to join the team. This is an exciting opportunity to join a team of highly skilled, diverse, and technical professionals and contribute to the department's priorities. The position will be based in Chennai, India.

**Roles and Responsibilities**
- The product owner plays a key role in driving the success of a product by aligning its development with customer needs and business objectives, coordinating cross-functional efforts, and ensuring that the product delivers value to both the users and the organization
- Work with Finance and Accounting clients to understand product requirements and manage expectations for delivery
- Develop a clear vision and strategy for the product, including defining goals and target audience
- Create product roadmaps that outline the features, enhancements, and updates to be implemented over time, prioritizing them based on strategic business needs
- Work closely with cross-functional teams in development, design, QA, information security, cloud, etc., to ensure alignment and successful completion of product development
- Define product scope and schedule while focusing on regular and timely value delivery to clients
- Gather and prioritize product requirements from various stakeholders, balancing competing interests and constraints to deliver maximum customer value
- Develop and document business cases, business processes and workflows, requirements, use cases, test plans, test strategies, and operational procedures and plans
- Actively manage the product backlog and prioritize business needs
- Monitor the development process, guide the design and development team, and make decisions to ensure the product is delivered on time and within budget
- Work across multiple functional and technical teams to initiate and manage product requirements (Functional and Technical)
- Organize and lead status meetings; prepare and track progress
- Perform delivery planning, manage risks and issues, and correct plan deviations
- Manage expectations for deliverables and client communications and help implement effective product oversight and governance
- Ensure that each team member is fully engaged, makes a meaningful contribution, and encourages a sustainable pace with high levels of quality output
- Develop training materials and potentially train the users on the newly developed products

Selection Criteria
- Master's degree in computer science, business administration, or finance
- 7+ years' experience working with IT products. At least 2+ years of experience working as a Product Owner for large implementations
- Experience & knowledge in SDLC, SCRUM/Kanban, and Agile methodologies are required
- Relevant certification is a plus
- Excellent working experience in investment banking, private equity, and capital markets is a plus
- Familiarity with Financial products, such as Loans, Guarantees, Equity, Blended Finance, Securitization, etc.
- Strong product visioning and facilitation skills to lead requirements elicitation workshops planning and preparation, presentation, knowledge capture, and follow-up
- Experience working with multi-function project/product teams, including Developers, Business Analysts, and QA Personnel
- Excellent presentation and documentation skills
- Strong interpersonal skills, including collaboration and team building
- Strong analytical, planning, and organizational skills with an ability to manage competing demands
- Solid understanding of and proven experience using appropriate tools: Agile Project Management tools such as Azure DevOps or equivalent
- Excellent oral and written communication skills and experience interacting with business and IT individuals

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disabil