Product Owner

Proarch It Solutions; Hyderabad; Hybrid; INR 1,500,000 - 2,100,000; Full time

Job summary

Proarch It Solutions is seeking a motivated Product Owner with 5-8 years of experience in Payroll and HR Systems (mandatory) and FinTech domains to translate business requirements into features. You will own the backlog, collaborate with cross-functional teams, and drive delivery of compliant financial solutions.

Responsibilities include backlog grooming, sprint planning, and ensuring acceptance criteria. You will work with stakeholders across business, operations, and engineering to deliver

Qualifications

• 5-8 years of experience as a Product Owner or Business Analyst in Payroll and HR Systems (mandatory), FinTech (secondary).
• Strong understanding of financial workflows such as payments processing, payroll calculations, banking operations, reconciliation, compliance, or tax logic.
• Hands-on experience writing user stories, managing backlogs, and working in Agile environments.
• Strong analytical, problem-solving, and communication skills.
• Ability to collaborate with technical and non-technical stakeholders.

Responsibilities

• Product Planning and Requirement Management.
• Work with stakeholders to understand business needs and convert them into detailed user stories and requirements.
• Participate in defining product roadmaps and feature prioritization aligned with business goals.
• Ensure user stories include clear acceptance criteria and support development teams during refinement.
• Maintain, groom, and prioritize the product backlog to ensure clarity and readiness for development.
• Coordinate with engineering, design, and QA teams to ensure smooth sprint execution.
• Identify dependencies, constraints, and risks early in the planning cycle.
• Act as the primary point of contact for product-related clarifications.
• Work closely with stakeholders across business, operations, compliance, and engineering.
• Facilitate sprint ceremonies including planning, reviews, and retrospectives as needed.
• Support end-to-end product lifecycle from requirement gathering to UAT and post-release validation.
• Monitor product performance and gather user feedback for improvements.
• Ensure products adhere to financial, regulatory, and security standards.
• Understand customer pain points and market trends to contribute to product improvements.
• Conduct functional analysis and benchmark features relevant to Payroll and HR Systems (mandatory), FinTech (secondary), and HR Systems solutions.

Skills

Product ownership

Backlog management

Agile methodologies

Stakeholder collaboration

User story writing

Analytical thinking

Financial workflows

Job description

Job Description:

We are looking for a motivated Product Owner with 5-8 years of experience in Payroll and HR Systems (mandatory), FinTech (secondary) domains. The ideal candidate will work with cross-functional teams to translate business requirements into product features, manage the backlog, and support the delivery of high-quality financial products and solutions. This role requires strong analytical thinking, domain knowledge, and the ability to collaborate effectively with technical and business teams.

Key Responsibilities

• Product Planning and Requirement Management
• Work with stakeholders to understand business needs and convert them into detailed user stories and requirements.
• Participate in defining product roadmaps and feature prioritization aligned with business goals.
• Ensure user stories include clear acceptance criteria and support development teams during refinement.

Backlog Ownership

• Maintain, groom, and prioritize the product backlog to ensure clarity and readiness for development.
• Coordinate with engineering, design, and QA teams to ensure smooth sprint execution.
• Identify dependencies, constraints, and risks early in the planning cycle.

Cross-Functional Collaboration

• Act as the primary point of contact for product-related clarifications.
• Work closely with stakeholders across business, operations, compliance, and engineering.
• Facilitate sprint ceremonies including planning, reviews, and retrospectives as needed.

Product Delivery and Quality

• Support end-to-end product lifecycle from requirement gathering to UAT and post-release validation.
• Monitor product performance and gather user feedback for improvements.
• Ensure products adhere to financial, regulatory, and security standards.

Customer and Market Insight

• Understand customer pain points and market trends to contribute to product improvements.
• Conduct functional analysis and benchmark features relevant to Payroll and HR Systems (mandatory), FinTech (secondary), and HR Systems solutions.

Requirements:

Required Qualifications

• 5-8 years of experience as a Product Owner or Business Analyst in Payroll and HR Systems (mandatory), FinTech (secondary), or Financial Services.
• Strong understanding of financial workflows such as payments processing, payroll calculations, banking operations, reconciliation, compliance, or tax logic.
• Hands-on experience writing user stories, managing backlogs, and working in Agile environments.
• Strong analytical, problem-solving, and communication skills.
• Ability to collaborate with technical and non-technical stakeholders.

Preferred Qualifications

• Experience in API-driven product development or system integrations.
• Exposure to digital banking platforms, payroll engines, or financial automation tools.
• Familiarity with compliance frameworks and regulatory requirements.
• Certifications such as CSPO, PSPO, or SAFe Product Owner are preferred.