Product Owner Associate Director

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

The Global Operations, Client Services & Administration group delivers world-class safety and soundness for the global financial services industry. The team provides DTCC’s portfolio of core securities and superior transaction processing and client services support in an environment that minimizes risk and cost while maximizing efficiency.

Pay and Benefits:

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
  

The Impact you will have in this role:

You will play a critical role in delivering strategic transformation across both Clearing and Settlement domains, ensuring the successful execution of high-priority initiatives that modernize our platforms and enhance client outcomes.

As a Product Owner (Delivery), you will be accountable for translating strategic objectives into executable delivery plans. You will drive predictable, high-quality delivery by maintaining a delivery-ready backlog, managing risks and dependencies, and supporting timely scope and prioritization decisions.

Operating at the intersection of business, technology, operations, risk, and client readiness, you will align stakeholders on scope, priorities, testing, release readiness, and measurable outcomes. You will partner with Run the Business (RTB) and Change the Business (CTB) functions, while embedding strong product delivery discipline, governance, and continuous improvement practices.

Your Primary Responsibilities:

Strategic Delivery & Accountability

• Accountable for end-to-end delivery of prioritized strategic initiatives across Clearing and Settlement, ensuring delivery on time and within budget
• Translate strategic objectives into executable delivery plans, epics, and release roadmaps
• Align delivery with enterprise priorities, regulatory requirements, and client needs

Product Backlog & Prioritization Governance

• Own and continuously prioritize the squad backlog based on business value, client impact, regulatory requirements, risk, dependencies, and available capacity
• Lead quarterly and ad-hoc prioritization forums to align stakeholders on delivery scope and sequencing
• Maintain backlog hygiene and readiness for Sprint 0 and delivery planning in compliance with Delivery Practice Standards

Agile Delivery Leadership

• Lead and actively participate in all agile ceremonies (Stand-ups, Sprint Planning, Sprint Zero, Reviews, Retrospectives, Summits)
• Drive predictable, high-quality delivery across squads through clear planning, dependency management, and risk mitigation
• Monitor delivery performance, milestone commitments, and the critical path, escalating threats early to support delivery with no surprises
• Foster a culture of accountability, transparency, and continuous improvement

Cross-Functional Collaboration

• Partner with RTB, CTB, Engineering, Architecture, UX/UI, QA, and Operations to balance delivery trade-offs and ensure alignment
• Act as the central point of coordination across business and technology stakeholders
• Manage dependencies across multiple teams and systems to enable seamless execution

Product Documentation & Solution Definition

• Accountable for end-to-end product documentation (e.g., Initiative Alignment Documentation), translating strategic priorities into detailed requirements, solution designs, epics, and user stories
• Ensure completeness, accuracy, and traceability of requirements across the delivery lifecycle
• Govern change requests and ensure alignment with strategic intent

Release Management & Operational Readiness

• Oversee the release calendar in partnership with RTB, CTB, and Technology teams to own operational readiness planning and execution, including client-facing documentation, training and enablement materials, and operational process updates
• Ensure release planning addresses controls, resiliency, recoverability, performance, monitoring, operating procedures, training, support, and production stabilization
• Contribute product input to go/no-go decisions and confirm operational ownership before transition to business-as-usual support

Financial & Commercial Accountability

• Joint responsibility across RTB/CTB for annual budget planning, submission, and tracking
• Ensure efficient utilization of resources and alignment of delivery with budget constraints

Client & Market Engagement

• Identify client impacts early and incorporate communications, specifications, connectivity, onboarding, testing, adoption, and readiness activities into the delivery plan
• Partner with Client Readiness, Relationship Management, Operations, Legal, Marketing, and Technology to deliver accurate and timely implementation guidance
• Represent the product in client meetings, working groups, demonstrations, and industry forums as needed

**NOTE: The Primary Responsibilities of this role are not limited to the details above. **

Qualifications:

• Minimum of 8 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed for Success:

• Core Product Delivery Leadership
  • Strong experience in product delivery within financial market infrastructure, with exposure to Clearing and/or Settlement domains
  • Proven ability to independently own complex product outcomes from strategy and requirements through implementation, stabilization, and value realization
  • Experience leading multi-year initiatives involving multiple squads, platforms, and business functions
• Execution & Delivery Excellence
  • Demonstrated ability to drive predictable, high-quality delivery in agile environments
  • Strong understanding of agile frameworks, backlog management, and release planning at scale
  • Ability to identify delivery variance, make timely scope and sequencing decisions, and escalate material risks with clear recommendations
• Strategic Thinking & Prioritization
  • Ability to translate strategic objectives into actionable delivery plans and roadmaps
  • Strong prioritization skills, balancing business value, technical constraints, and risk
  • Ability to challenge effectiveness of existing processes, reports, interfaces, data elements, and business rules to advance target-state outcomes
• Stakeholder Management & Influence
  • Ability to influence and align senior stakeholders across business, technology, and operations
  • Strong communication skills with experience managing cross-functional and global teams
  • Experience leading client meetings, industry working groups, demonstrations, or webinars and representing the product with credibility
• Technical & Domain Acumen
  • Solid understanding of financial markets, trade lifecycle, clearing, and settlement processes across multiple asset classes such as Equities, Fixed Income and ETF’s (Primary Market)
  • Knowledge of related products or asset classes is beneficial where relevant to cross-product dependencies
  • Ability to engage effectively with engineering and architecture teams on solution design
• Operational & Risk Mindset
  • Strong understanding of operational readiness, resiliency, and risk management in production environments
  • Experience actively managing risks, issues, assumptions, and dependencies through clear ownership, mitigation plans, target dates, and escalation
  • Ability to contribute informed product recommendations to release-readiness and go/no-go decisions
• Leadership & Continuous Improvement
  • Demonstrated ability to operate independently, exercise sound judgment, and maintain accountability in a complex and highly regulated environment
  • Ability to foster a culture of accountability, ownership, and continuous improvement
  • Experience leading retrospectives and embedding delivery best practices across teams

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.