Senior Product Owner - Retail Credit Risk & CCAR

Experienced Retail Risk Product Owner

Required Education • Bachelor's degree in finance, Economics, Computer Science, Engineering, or a related quantitative field Preferred Education • Master's degree or MBA preferred

Required Qualifications/Skills/Experience • 10+ years of experience in product management, business analysis, or a similar role within financial services, with a strong focus on retail risk (including 10+ years of direct product ownership) • 5+ years of direct experience with CCAR, DFAST, or similar regulatory stress testing frameworks and loss forecasting processes • Proven track record of successfully delivering complex technology platforms or products in an agile environment • Strong understanding of retail credit products (e.g., credit cards, mortgages) and associated risk drivers • Understanding of risk modeling concepts (PD, LGD, EAD) and complete flows from data to models to regulatory consumption • Deep, mandatory domain knowledge in regulatory frameworks: CCAR (14A, 14Q, 14M), CECL, and DFAST • Ability to run BAU submissions and grasp new regulatory requirements independently, with full end-to-end SDLC ownership • Experience working closely with agile development teams (scrum masters, developers, QA) throughout the entire product lifecycle • Strong stakeholder management and communication skills

Job Duties • Define and articulate the product vision, strategy, and roadmap for the Loss Forecast Platform, aligning with overall business objectives and regulatory requirements • Conduct market research, competitive analysis, and gather stakeholder feedback to identify new opportunities and inform product decisions • Translate high-level strategic objectives into detailed product requirements and user stories to bring efficiency to the organization • Act as the primary liaison between risk management, finance, technology, and other key stakeholders to capture, analyze, and prioritize business requirements for CCAR, retail loss forecasting models, and other platform functionalities • Develop and maintain a well-groomed product backlog, ensuring stories are clearly defined, estimated, and prioritized based on business value, regulatory urgency, and technical feasibility • Facilitate workshops and discussions to elicit detailed requirements and resolve ambiguities • Provide clear guidance and answer questions from development teams during sprint cycles to ensure accurate understanding and implementation of features • Participate in all agile ceremonies, including sprint planning, daily stand-ups, sprint reviews, and retrospectives • Oversee user acceptance testing (UAT) to ensure delivered solutions meet specified requirements and quality standards • Maintain an in-depth understanding of retail credit risk methodologies, CCAR, DFAST, CECL, and other relevant regulatory guidelines (e.g., SR 11-7) • Ensure the platform design and functionality support robust data governance, model risk management, and auditability for regulatory submissions • Collaborate with model development and validation teams to integrate advanced loss forecasting models into the platform effectively • Effectively communicate product updates, progress, risks, and challenges to senior management and relevant stakeholders • Manage expectations and negotiate scope trade-offs to achieve optimal outcomes • Monitor platform performance, user feedback, and regulatory changes to identify areas for continuous improvement and innovation • Champion a data-driven approach to product development, utilizing analytics to inform decisions