Company

Federal Reserve Bank of ClevelandThe Federal Reserve Bank of Cleveland’s mission is to foster the stability, integrity, and efficiency of the nation’s monetary, financial, and payment systems while representing the Fourth District perspectives.

As part of the nation’s central bank, we are a team of mission-driven professionals who are committed to serving with excellence. Our core values are: Build Trust Every Day, Own Our Actions, Collaborate with Intention, and Be Open to Change.

For twenty-six years in a row, we’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.

Follow us on LinkedIn, Twitter, Instagram, and our YouTube channel – Cleveland Fed

To be considered for this role, candidates must be a U.S. citizen.

Organizational Expectations:

As a Product Owner or Product Owner Senior on the Pay.gov Product Team, you will be responsible for leading, defining and driving the product roadmap, managing priorities within cross-functional teams and making smart, data driven decisions to have the biggest business impact. You will support the organization by developing and implementing product offerings and processes to scale the business.

General Responsibilities:

Provides leadership, as part of our product development process, representing the voice of the customer during product definition, product UI design and bug triage.
Refines product backlog based on business value and customer needs Translates business priorities into actionable, clearly communicated Product Features and User Stories that articulate the ‘What’ and the ‘Why’ for technology.
Coordinate product development and collects and analyzes data to determine the effect of products in production.
Gathers, analyzes, and prioritizes inputs from our customers, internal customers and partners and synthesizes them into a clear and justifiable set of product requirements that will drive the development of our product vision.
Collaborate with stakeholders on requirement elicitation Develops working knowledge of software and technologies that support the products. Provides timely and accurate information and status updates to
functional leaders.
Works closely with customers/agencies to identify key needs and appropriate product solutions.
Identifies new business opportunities and creates appropriate business plans.
Reviews proposed new market opportunities for consideration.
Makes decisions regarding product team features and trade-offs.
Performs other duties as assigned or requested.
Adheres to the Bank's attendance policies through regular and prompt attendance.

Education and Experience:

Product Owner:

Associates degree and 5 years of related work experience OR
Bachelor’s degree and 3 years of related work experience OR
Master’s degree and 0-1 year of related work experience

Product Owner Senior:

Associates degree and 7 years of related work experience OR
Bachelor’s degree and 5 years of related work experience OR
Master’s degree and 3 years of related work experience

Knowledge and Skills:

Experience preparing project plans
Directing team development of payment processing product software solution
Managing multiple project simultaneously with competing priorities
Strong communication
Strong collaboration
Building and maintaining professional relationships
Intellectual curiosity and critical thinking
Problem-solving
Entrepreneurial spirit with desire to continuously innovate to create enhanced business solutions
Excellent analytical abilities
Detail oriented
Certified Scrum Product Owner
Knowledge of Agile Product practices
Knowledge of Scrum and Agile Software Development Methodology

Location: Cleveland, OH, Columbus, OH, Cincinnati, OH, or Pittsburgh, PA

The expected starting salary range for the Product Owner is between $90,500 and $113,100 annually and for the Product Owner Senior is between $100,300 and $125,400. Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and market data.

The Cleveland Fed offers benefits to support overall health and financial security. Learn more about our benefits here:

Physical Demands and General Working Conditions

This is not necessarily an exhaustive list of all responsibilities, duties, standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, the Federal Reserve Bank of Cleveland reserves the right to revise this or any job description at any time.

Reasonable Accommodation Statement - The Federal Reserve Bank of Cleveland is committed to ensuring that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. To request a reasonable accommodation for any part of the employment process, please send an email to clev.4d.benefits.specialist@clev.frb.org.

Bank’s Ethics Rules and Drug Testing:

As a condition of employment, Federal Reserve Bank of Cleveland employees must comply with the Bank’s ethics rules which generally prohibit employees, their spouses/domestic partners, and minor children from owning or controlling, directly or indirectly, any debt or equity interest in a depository institution or an affiliate of a depository institution. A "depository institution" means a bank, a trust company, or any institution that accepts deposits, including a bank chartered under the laws of a foreign country. In addition, employees (and their spouses/domestic partners, and minor children) may not own shares of mutual funds, unit investment trusts or ETFs that have a policy, as stated in the prospectus, of concentrating in the financial services industry and that have underlying investments in banks or other depository institutions. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting.

In addition, as a condition of employment, candidates must undergo a background check and will be tested for all controlled substances prohibited by federal law, to include marijuana, prior to hire and for certain safety sensitive positions during employment.

Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Project/Product Management Family Group

Work Shift

First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers () or through verified Federal Reserve Bank social media channels.

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Product Owner/Product Owner Senior

Product Manager 5

Staff Product Designer

Software Engineer

See also