Product Analyst

Federal Reserve Bank of Philadelphia•New York, NY

1d•Onsite

About The Position

The Product Analyst supports an agile product team in the Markets Transformation program throughout the product lifecycle, from inception through retirement. The role performs industry, business, and technical analysis; contributes to product strategy, roadmaps, and prioritization; defines features and quality standards; and helps ensure business value is realized through continuous user feedback. The analyst works with Product Owners and delivery squads on products in the Post Trade & Custody space. The Markets Transformation program is a multi-year strategic effort to evolve trading and foreign customer banking technology in support of monetary policy implementation, global financial stability, and the U.S. dollar’s role as the global reserve currency. The position is part of the Product, Strategy & Support team, which works with Markets leadership on business strategy, technology product vision, portfolio alignment, user needs, adoption, and reliable product support. The New York Fed works full-time onsite with teams, while recognizing that flexibility from time to time is important. This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access is restricted to eligible individuals as described in the posting.

Requirements

Product analyst experience with exposure to product ownership in financial services, including core transactional systems.
Proven ability to deliver in high-profile, complex stakeholder landscapes.
Advanced proficiency in Excel, including pivot tables, formulas, and data analysis.
Ability to write and interpret SQL queries for data analysis and validation.
Practical use of AI tools to improve efficiency and outcomes.
Skill in gathering requirements and documenting business processes within Agile frameworks.
Ability to bridge requirements discussions between technical product squads and business stakeholders.
Experience planning, coordinating, and executing user acceptance testing.
Strong analytical and critical-thinking skills to identify root causes and recommend solutions.

Responsibilities

Work with Product Owners and delivery squads to deliver products in the Post Trade & Custody space.
Contribute to product vision and roadmaps with measurable outcomes, aligning with technology partners on Markets Transformation interdependencies.
Develop messaging and communication artifacts about product strategy and delivery progress for stakeholder briefings.
Define feature requirements, user stories, prioritization, and sequencing; coordinate product demonstrations and user feedback sessions.
Frame decision points in a structured way to support consistent evaluation across the program and with stakeholders.
Design and execute the user acceptance testing (UAT) approach and scripts, and provide oversight through deployment planning.
Support planning for interim states and legacy product retirement; coordinate across product owners, architecture, vendors, operations, and business users.
Drive adoption of product features and provide training, onboarding, and ongoing usage guidance.
Monitor and communicate product-specific operational KPIs and surface insights for improvement.
Promote agile behaviors and serve as a trusted advisor to Product Owners and Product Managers.