Federal Reserve Financial Services - Senior Product Owner

Federal Reserve Bank - Atlanta, GA

Full-time - Mid Level

Atlanta, GA

Monetary Authorities-Central Bank

About the position

The Federal Reserve Bank of Atlanta is seeking a Senior Product Owner to join the Federal Reserve Financial Services (FRFS) team. This position is crucial in delivering a suite of payments services to financial institutions through various platforms such as FedLine® Solutions, Fedwire®, National Settlement Service (NSS), FedCash®, FedACH®, Check Services, and the FedNow® Service. The FRFS has undergone a significant transformation to become a national, enterprise-focused organization, integrating various product and support offices into a cohesive unit. This transformation aims to enhance the speed, resilience, and choice of payment solutions available to financial institutions across the United States. As a Senior Product Owner, you will play a pivotal role in setting the vision, strategy, values, and priorities that will enable FRFS to achieve its mission. You will be responsible for translating business wants and needs into a prioritized set of requirements, conducting business process analysis, needs assessments, and preliminary cost/benefit analyses. This role requires a strategic, action-oriented mindset, with a focus on intellectual curiosity, agility, accountability, and the ability to drive innovation through experimentation. The ideal candidate will champion an inclusive environment and demonstrate the values of collaboration and innovation in their interactions with colleagues and the broader community. The Federal Reserve Bank of Atlanta values diversity and is committed to building an inclusive culture that reflects the communities it serves. This position operates in a dynamic hybrid workplace environment, requiring at least two days a week in the office, allowing for flexibility while maintaining a collaborative team atmosphere.

Responsibilities

• Translate business wants and needs into a prioritized set of requirements.
• Conduct business process analysis and needs assessments.
• Perform preliminary cost/benefit analyses to align with organizational goals.
• Collaborate with technology solution delivery teams to ensure effective product management.
• Set the vision, strategy, values, and priorities for the product line.
• Champion an inclusive and collaborative work environment.

Requirements

• Proven experience as a Product Owner or similar role in product management.
• Strong understanding of business process analysis and needs assessment techniques.
• Ability to conduct cost/benefit analyses effectively.
• Demonstrated strategic and action-oriented mindset.
• Excellent communication and collaboration skills.

Nice-to-haves

• Experience in the financial services industry.
• Familiarity with payment systems and services.
• Knowledge of agile methodologies and practices.

Benefits

• Hybrid work environment with flexibility in work location.
• Opportunities for career growth and development within the organization.