Product Owner (Automated Clearing House)

Discover Financial Services; Riverwoods (IL); Remote; USD 102,000 - 144,000; Full time

Job summary

A leading financial services company is seeking a Product Owner for the Automated Clearing House. The role involves maximizing product value, leading Agile practices, and collaborating with cross-functional teams to enhance customer experience. Candidates should have a strong background in product management and relevant experience in financial services.

Benefits

Paid Parental Leave

Paid Time Off

401(k) Plan

Medical, Dental, Vision, & Health Savings Account

Short and Long Term Disability

Education Assistance

Commuter Benefits

Employee Stock Purchase Plan

Qualifications

• 4+ years of experience in Product Management or Engineering.
• In lieu of education, 6+ years of relevant experience.

Responsibilities

• Maximizes product value and drives innovation.
• Leads Agile practices and manages product backlog.
• Defines functional and non-functional product requirements.

Skills

Product Management

Agile

Customer Experience

Education

Bachelor's degree in Information Technology

Bachelor's degree in Business Administration

Tools

SQL

Job description

Product Owner (Automated Clearing House)

Join to apply for the Product Owner (Automated Clearing House) role at Discover

Product Owner (Automated Clearing House)

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Join to apply for the Product Owner (Automated Clearing House) role at Discover

Discover. A brighter future.

With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.

Discover. A brighter future.

With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.

Come build your future, while being the reason millions of people find a brighter financial future with Discover.

Job Description

What You'll Do

The Product Professional is responsible for maximizing the value of the product resulting from work of the Team. Product Professionals are at the center of delivering new products and driving innovation on platforms that improve customer experience, meet customer needs, and create business value while prioritizing "what" the team is working on to deliver value to the customer. The Product Professional is a servant leader and not the manager of team members, has well-rounded job knowledge and helps to coach/mentor others on the team. Structure the work for the team and delegates the work. Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

How You'll Do It

• Builds product backlog, prioritizes its items to achieve Objectives and Key Results (OKRs) and continuously keeps it up to date. Maintains key product documentation (e.g., customer journey map, technical specs, process mapping, etc.).
• Understand and Ensures product features and processes align with applicable Discover regulatory, compliance, and risk management standards. Ensures product adheres to the highest quality standards, including releasing security patches not linked to customers. Articulates requirements (regulatory, contractual) into use cases, agile stories, and acceptance criteria to ensure compliance. Creates and validates user story acceptance criteria. Inspect and evaluate product progress through each iteration.
• Leads Agile practices (sprints, planning, execution, and retros) Holds meetings with the product team to continuously update product backlog.
• Defines functional and non-functional product requirements; ensure completeness; integral and consistent; source of requirements for product team. Creates and validates user story acceptance criteria. Executes appropriate testing frameworks for product features (e.g., market testing, functional performance, etc.) Works with Data stewards in their respective LOBs to ensure required Data quality controls are identified and implemented. Inspect and evaluate product progress through each iteration.
• Partners with business technology to create technical features that are required to continuously optimize system components and underline infrastructure maintenance.
• Manages and communicates scope, deliverables, timelines of projects and/or plans through storyboarding and structing complex information visually.
• Contributes to the product development and vision by connecting how customer solutions support business goals. Responsible for delivering Minimum Viable Product (MVP).
• Collaborate with cross functional teams to support go-to-market strategies.
• Builds a culture of accountability and ownership by empowering the product team to make decisions as close to the work as possible.
• Partners with vendors and/or cross-functional partners in the evaluation, development, management, monitoring and/or enhancement of assigned products and/or programs.
  
  

Qualifications You'll Need

The Basics

• Bachelor's degree in Information Technology, Engineering, Business Administration and Management, Finance, Mathematics, Economics, Statistics or related.
• 4+ years of experience in Product Management or Engineering experience in Financial Services or Tech Industry, or related.
  
  

In Lieu Of Education Experience

• In lieu of education 6+ years of experience in Product Management or Engineering experience in Financial Services or Tech Industry, or related.
  
  

Physical And Cognitive Requirements

The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

• Primarily remain in a stationary position.
• Primarily performed indoors in an office setting.
• Ability to operate office equipment such as but not limited to computer, telephone, printer, and calculator.
• Ability to communicate verbally.; Ability to communicate in written form.
  
  

Bonus Points If You Have

• ACH (Automated Clearing House) Processing
• Agile Certification - Certified Scrum Master or Scrum Product Owner
• Experience in Customer Service and Payment Processing
• Experience writing SQL queries
  
  

Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.

#Remote

#BI-Remote

Application Deadline

The application window for this position is anticipated to close on May-11-2025. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.

Compensation

The base pay for this position generally ranges between $102,500.00 to $143,300.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.

Benefits

We also offer a range of benefits and programs based on eligibility. These benefits include:

• Paid Parental Leave
• Paid Time Off
• 401(k) Plan
• Medical, Dental, Vision, & Health Savings Account
• Short and Long Term Disability, Life, and Accidental Death & Dismemberment insurances
• Recognition Program
• Education Assistance
• Commuter Benefits
• Family Support Programs
• Employee Stock Purchase Plan
  
  

Learn more at mydiscoverbenefits.com.

What are you waiting for? Apply today!

All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.

Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights)

Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email [e-mail]. Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

At Discover, we are committed to creating an inclusive and equitable workplace through our Fair Chance Hiring practices. Fair Chance Hiring means that we base our hiring decisions on an applicant’s qualifications rather than their criminal record. All our positions are subject to Section 19 of the Federal Deposit Insurance Act. Our applicants go through a background check, and we follow all applicable local laws, including the Los Angeles County Fair Chance Hiring Ordinance (LA County Fair Chance).

Positions marked as remote eligible are limited to remote locations within the country in which the position is based.

Applicants must be 18 or older at the time of hire.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Product Management and Marketing

• Industries

  Financial Services, Banking, and Hospitality

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