Product Owner

Standard Chartered Bank; Bengaluru; On-site; INR 12,00,000 - 18,00,000; Full time

Job summary

An established industry player is seeking a seasoned professional to spearhead the strategic direction for its payment technology initiatives. This role involves developing innovative solutions, managing end-to-end project deliveries, and ensuring compliance with regulatory mandates. The ideal candidate will have extensive experience in financial institutions, particularly in payment products, and possess strong leadership skills to engage and retain top talent. Join a dynamic team where you can thrive in an environment that fosters innovation and collaboration, making a significant impact on the future of payment solutions.

Qualifications

• Experience in Banking Clients and Payment Products.
• Understanding of payment capabilities and digital products.

Responsibilities

• Develop strategic direction for SCPAY aligning with business strategy.
• Lead technology delivery of projects across global SCB markets.

Skills

Java

Spring Boot

Kafka Streams

REST

JSON

Design Principles

Hazelcast

ELK

Oracle

Postgres

Education

10-12 years of experience in financial institutions

PMP/Agile certification

Tools

JIRA

Confluence

Job description

Key Responsibilities

Strategy

Develop the strategic direction and roadmap for SCPAY, aligning with Business Strategy, ITO Strategy and investment priorities.

Tap into latest industry trends, innovative products & solutions to deliver effective and faster product capabilities

Support CASH Management Operations leveraging technology to streamline processes, enhance productivity, reduce risk and improve controls

Business

Work hand in hand with Payments Business, taking product programs from investment decisions into design, specifications, solutioning, development, implementation and hand-over to operations, securing support and collaboration from other SCB teams

Ensure delivery to business meeting time, cost and high quality constraints

Support respective businesses in growing Return on investment, commercialisation of capabilities, bid teams, monitoring of usage, improving client experience, enhancing operations and addressing defects & continuous improvement of systems

Thrive an ecosystem of innovation and enabling business through technology

Processes

Responsible for the end-to-end deliveries of the technology portfolio comprising key business product areas such as Payments & Clearing. Own technology delivery of projects and programs across global SCB markets that

a) develop/enhance core product capabilities

b) ensure compliance to Regulatory mandates

c) support operational improvements, process efficiencies and zero touch agenda

d) build payments platform to align with latest technology & architecture trends, improved stability and scale

Interface with business & technology leaders of other SCB systems for collaborative delivery.

People & Talent

Employee, engage and retain high quality talent to ensure Payments Technology team is adequately staffed and skilled to deliver on business commitments

Lead through example and build appropriate culture and values. Set appropriate tone and expectations for the team and work in collaboration with risk and control partners.

Bridge skill / capability gaps through learning and development

Ensure role, job descriptions and expectations are clearly set and periodic feedback provided to the entire team

Ensure the optimal blend and balance of in-house and vendor resources

Risk Management

Be proactive in ensuring regular assurance that the Payments ITO Team is performing to acceptable risk levels and control standards

Act quickly and decisively when any risk and control weakness becomes apparent and ensure those are addressed within quick / prescribed timeframes and escalated through the relevant committees

Balance business delivery on time, quality and cost constraints with risks & controls to ensure that they do not materially threaten the Group's ability to remain within acceptable risk levels

Ensure business continuity and disaster recovery planning for the entire technology portfolio

Governance

Promote an environment where compliance with internal control functions and the external regulatory framework

Key stakeholders

Solution Architect SCPAY

SCPAY Programme Managers

Group Payments Product Development Heads

Group Cash Operations

Skills and Experience

Java / Spring Boot

Kafka Streams, REST, JSON

Design Principle

Hazelcast & ELK

Oracle & Postgres

Qualifications

• At least 10-12 years of experience in a financial institution, preferably in Banking Clients / Payment Products & Project Management, with a good understanding of payment capabilities, digital products, and financials drivers. PMP/Agile certification would be preferred.
• Strong understanding of payment schemes, network associations
• Understanding of and delivery under Agile framework
• Strong financial management capabilities: budget tracking, planning, forecast and variance explanations.
• Strong understanding of Risk and Controls associated with payments and ability to identify and mitigate emerging risk with client focus
• Good interpersonal and communication skills: networking, negotiation and influencing.
• Positive attitude with the capability to work under pressure and deliver on multiple deadlines.
• Strong analytical and numerical skills
• Ability to work with geographically dispersed and highly varied stakeholders
• Very Good communication and interpersonal skills to manage senior stakeholders and top management
• Knowledge on JIRA and Confluence tools are desired