Product Owner I

TD•Toronto, ON

10d•CA$96,900 - CA$136,800•Onsite

About The Position

The Product Owner I is responsible to ensure that a development team (pod) is creating value for the organization through the delivery of customer-focused product increments. This entails aligning with other Product Owners and senior management to follow a product vision, creating and maintaining a prioritized product backlog, managing delivery blockers, continuously assessing customer feedback. The Product Owner I should always be considering how to maximize value, assessing how the product or the delivery process can be continuously improved, contributes to a positive work environment and ensures that work embodies the Agile principles of transparency, collaboration and engagement.

Requirements

Undergraduate degree and/or product certificate
7+ years relevant experience
3+ years Product Owner or Agile related delivery experience

Nice To Haves

Coupa Risk Experience considered an asset
Familiarity with overall Supply Chain Process and Procurement Applications
Certified Scrum Product Owner (CSPO) certification and project management experience considered an asset
Scaled Agile Framework (SAFe) certifications or experience operating in scaled agile delivery considered an asset

Responsibilities

Partner with management to support the delivery of a product vision
In alignment with the product vision, create and maintain a product backlog and continuously re-prioritize user stories that will provide the most customer or end user value
Continuously align with senior management on the product delivery roadmap, defined Minimum Marketable Features or Minimum Viable Products and release cadence
Review performance analytics; recommend and champion strategies to enhance the customer or end user product experience
Participate in scrum or Kanban events (e.g. stand-ups, retrospectives), express new ideas for improving product value or delivery efficiency, sharing with leadership as appropriate
Proactively engage established business process partners to ensure customers or end users are prepared for application changes and establish Day 2 processes
Create a value-focused product backlog and continuously iterate, ensuring there are user stories scoped and prioritized
Provide user story design, development and completion oversight; accepting / rejecting user stories based on the agreed upon Definition of Done and Acceptance Criteria
Manage delivery initiatives and oversee development team (pod) backlogs
Proactively raise issues that impede the efficient delivery of customer-focused increments
Responsible for defect management and prioritization
Act as the primary liaison between business stakeholders, risk teams, technology partners, procurement, and third-party management functions.
Gather, prioritize, and translate business requirements into actionable product features and delivery plans.
Facilitate decision-making, issue resolution, and prioritization discussions across multiple stakeholder groups
Adhere to enterprise frameworks or methodologies that relate to activities for own business area / journey
Understand the internal business and technical environment, proactively defining, aligning or integrating with relevant stakeholders, shared services control groups (or platform as appropriate
Lead the submission and discussion on the Quarterly Business Review, with respect to their product
Proactively manage business stakeholders to obtain inputs needed for product development in a timely manner
Actively coordinate and engage in risk, quality and/or business testing management
Empowered to make product delivery decisions, escalating to senior management as appropriate
Actively communicate to business, technology and senior management regarding product changes and backlog priorities
Single point of escalation for development team, providing guidance and decisioning as needed
Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
Define and maintain the product vision, roadmap, and priorities for Third Party Risk Management (TPRM) capabilities and platforms.
Own the end-to-end lifecycle of third-party risk products, from ideation and requirements gathering through implementation, adoption, optimization, and retirement.
Ensure product capabilities align with enterprise risk management objectives, regulatory requirements, and business priorities.
Establish and monitor product success metrics, adoption KPIs, and value realization outcomes
Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
Provide thought leadership and/ or industry knowledge for own area of expertise in own area and participate in knowledge transfer within the team and business unit
Keep current on emerging trends/ developments and grow knowledge of the business, related tools and techniques
Participate in personal performance management and development activities, including cross training within own team
Keep others informed and up-to-date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities
Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.
Contribute to a fair, positive and equitable environment that supports a diverse workforce
Act as a brand ambassador for your business area/function and the bank, both internally and/or externally
Drive continuous enhancement of capabilities supporting the Third Party Management Lifecycle (TPML), including onboarding, due diligence, risk assessments, ongoing monitoring, issue management, reporting, and termination activities.
Ensure product functionality supports compliance with Third Party Risk Management policies, frameworks, standards, and regulatory obligations.
Own and prioritize the product backlog, ensuring delivery teams focus on the highest-value initiatives.
Lead agile ceremonies and work closely with technology teams to deliver product enhancements.
Manage dependencies, risks, and release planning across multiple initiatives and platforms.
Drive continuous improvement through user feedback, process optimization, and emerging industry practices
Accountable for specialized product development support based on sound product expertise and knowledge of Agile/Scrum processes, roles and practices
Integrate knowledge of the enterprise sub-function’s or business line’s overarching strategy in developing solutions across multiple functions or operations
Interpret internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services
Lead and integrate cross-function understanding within their own field of specialty, and /or projects with significant resource requirements, risk and /or complexity
Solve or may lead others to solve complex problems; leads efforts or partners with others to develop new solutions
Work autonomously as the lead and guide others within area of expertise