Associate Product Owner

World Bank Group•Washington, DC

8d•Onsite

About The Position

The World Bank Group (WBG) is a global community working across cultures, disciplines, and borders to address development challenges, particularly job creation. The Information and Technology Solutions (ITS) Vice Presidential Unit (VPU) enables the WBG to achieve its mission by delivering transformative information and technologies. The ITS Risk Management and Analytics (ITSRA) unit specifically focuses on enabling key WBG Risk functions, including measuring and monitoring credit risk, market risk, operational risk, and liquidity risk, to safeguard the WBG's AAA rating and reputation. ITSRA also engages with Treasury, WFA, and DFI to ensure proper capture, valuation, and support analytics for financial instruments and counterparties. This role is for an experienced, motivated, and ambitious Business Analyst with extensive experience in Capital Markets domains, focusing on Issuances, Valuation, Settlement, and Accounting, as well as knowledge of external ratings of securities and financial counterparts. The Associate Product Owner will understand business needs related to counterparty credit risk management, limits management, and compliance functions. They will coordinate new requirements with Business Sponsors and project governance bodies to minimize gaps and redundancies. The role ensures product-based solutions align with ITS’s strategic guidelines and requires gaining an in-depth understanding of the business, its processes, and data to provide technical leadership to the application support team. Documentation of business requirements, analysis of requirements and scenarios, preparation of test cases, systems integration testing, and user acceptance testing are also key aspects of this position.

Requirements

Master’s degree with 5 years of experience or a Bachelor’s Degree with a minimum of 7 years of relevant experience in Treasury/capital markets domain, or equivalent combination of education and experience.
Solid understanding of Counterparty Credit Risk function.
Practical working experience in Treasury and Capital Markets domain.
Working knowledge of Credit limits management and compliance function.
Understanding of Trade workflow and front and back office business processes.
Substantial experience in the Risk Management domain within a globally distributed enterprise.
Demonstrated experience working as a Business Analyst, ideally in complex financial or technical environments.
Advanced proficiency in Stakeholder engagement.
Advanced proficiency in Product backlog management.
Advanced proficiency in Data driven decision making.
Advanced proficiency in Product roadmaps.
Advanced proficiency in Product requirements analysis.
Advanced proficiency in Product development lifecycle.
Skilled proficiency in Market research.
Skilled proficiency in Value proposition development.
Skilled proficiency in Sprint planning.
Advanced proficiency in Business acumen.
Skilled proficiency in Agile methodologies (Scrum and Kanban).
Skilled proficiency in Influencing others.
Skilled proficiency in Scaled Agile Framework (SAFe).
Skilled proficiency in Strategic communication.
Excellent verbal and written communication skills.
Proven ability to present agreed concepts clearly to senior audiences.
Proven ability to ensure business architecture definitions are well articulated, documented, and formally signed off.
Proven ability to clearly identify, communicate, and mitigate assumptions and dependencies.
Strong teamwork, negotiation, and consensus building skills.
Ability to work effectively in a multinational, multicultural environment.
Demonstrated commitment to inclusion and respect for diversity.
Experience developing or mentoring staff to support career development and succession planning.
Highest standards of personal and professional integrity.
Ability to build and sustain strong collegial working relationships.
Comfortable engaging others assertively, responsibly, and supportively.
Strong conceptual, analytical, and judgment skills.
Excellent personal organization skills, with a demonstrated ability to drive work to closure.
Advanced proficiency in MS Excel and SQL (required).
Knowledge of Capital Markets trading systems (such as Murex or Summit).

Nice To Haves

CFA/FRM candidate or charterholder
SAFe Product Owner/Product Manager
Experience working in fragile, conflict-affected, and violent (FCV) contexts

Responsibilities

Act as Business Analyst for Capital Markets line of business within Treasury, specifically including Counterparty credit risk management, Limits management, Compliance, valuations of issuances/buybacks/derivatives, trade life cycle as well as applications associated with these capabilities.
Build stakeholder consensus and ensure everyone is on the same page, in agreement, and can visualize the solution being proposed.
Develop business cases, requirements, use cases, test plans, test strategies, test cases, and operational procedures and plans.
Coordinate with fiduciary reviewers like Enterprise Architects, OIS by providing them the information using their artifacts and support related security testing.
Participate in the procurement of COTS solution where necessary including preparation of Request for Proposals (RFP), cost estimates, benefits realization summary, inputs for procurement committee, and IT Governance.
Ability to effectively prioritize requirements and maintain scope on a tight leash.
Document business processes and workflows.
Collaborate with Project Managers, Tech Leads, Solution Architects, Developers etc to determine if solutions currently exist (internally or externally) or whether new solutions are feasible to meet business requirements and meet project milestones and timelines.
Leverage rapid prototyping approaches to present as-is/to-be processes/workflows and rough designs of the proposed solution.
Provide overall support to ensure the successful design, testing, and implementation of applications that support the business unit, Also, provide support in developing training materials and conducting training.
Maintain a comprehensive chronological trail of requirements and agreements and actively contribute to the project change control process. Document and manage issues and actions.
Participate in the evaluation of new products or initiatives to determine the technology support required.
Evaluate applications and IT environments, and analyze gaps between current and desired states.
Propose recommendations based on industry best practices.
Coordinate with vendors and oversee their deliverables. (This includes reviewing proposed solutions and delivered code.)
Train business users on applications.
Uphold established processes and quality standards with respect to Business Analysis.
In a post-production environment troubleshoot systems and provide solutions to the business as well as the technical teams.