Product Owner - Core Banking

Project description

Luxoft DXC Technology Company is an established company focusing on consulting and implementation of complex projects in the financial industry. At the interface between technology and business, we convince with our know-how, well-founded methodology and pleasure in success. As a reliable partner to our renowned customers, we support them in planning, designing and implementing the desired innovations. Together with the customer, we deliver top performance!

Responsibilities

• Feature Delivery & Ownership - Own and deliver multiple features per quarter, with varying complexity across multiple teams - Ensure smooth delivery across all lifecycle phases: Design, Development, IST, ET, VT, and Production Implementation - Validate and ensure that delivery timelines are achievable across each phase Backlog & Requirements Management - Participate actively in L2 refinement sessions to understand feature scope and priorities - Decompose features into detailed user stories in collaboration with L1 teams and technical leads - Maintain a well-defined, healthy, and prioritized backlog, ensuring readiness for sprint execution - Drive backlog grooming and refinement sessions Planning & Prioritization - Perform feature planning in collaboration with L1 teams and engineering leads - Drive priority decisions in alignment with L2 stakeholders - Ensure alignment between business priorities, technical feasibility, and delivery timelines Agile Execution & Team Leadership - Actively participate in and lead Agile ceremonies: Daily Stand-ups (DSUs), Sprint Reviews, Retrospectives - Step into Scrum leadership responsibilities (in the absence of Scrum Masters) - Ensure teams follow Agile best practices and deliver incrementally Capacity & Delivery Management - Manage and optimize capacity across three Agile teams - Ensure efficient utilization of team bandwidth while balancing delivery commitments - Monitor sprint progress and proactively address delivery bottlenecks Risk & Dependency Management - Identify, track, and manage RAID (Risks, Assumptions, Issues, Dependencies) for all features - Proactively escalate critical risks to L2 stakeholders when required - Ensure dependencies across systems, teams, and integrations are effectively managed Stakeholder Management & Collaboration - Act as the primary interface between L2 stakeholders and L1 teams - Foster strong collaboration through co-location and active engagement with teams - Ensure transparent and timely communication of progress, risks, and decisions Core Banking Domain Responsibilities - Drive delivery across core banking modules such as CASA (Current & Savings Accounts), Lending / Loans, Payments & Settlements, Customer Lifecycle Management - Ensure high levels of transaction accuracy, data integrity, and system reliability - Support integration with downstream and upstream banking systems Regulatory & Compliance Responsibilities - Ensure all features comply with banking regulations and guidelines (e.g., RBI, KYC, AML) - Embed compliance, audit, and security requirements into product features and user stories - Work closely with Risk, Compliance, and Audit teams - Support regulatory audits, production readiness reviews, compliance reporting, and documentation - Ensure adherence to data privacy and protection standards and transaction monitoring requirements

SKILLS

Must have

• Overall 10+ years of experience in IT and Banking - Proven hands-on experience (4+ years) as a Product Owner/ Business Analyst in Core Banking domain and working in an Agile product development environment, with demonstrated backlog ownership and delivery execution - Strong knowledge of core banking platforms (e.g., Hogan, Finacle, T24, Flexcube) - Deep understanding of Deposits (CASA) and different deposit products and their lifecycle (DDA, TDA/CDAs, etc.), Loans/Lending, Payments - Good experience with backlog management tools (JIRA, DevOps, etc) - Strong experience gathering requirements from stakeholders and end users and converting them into clear, testable user stories with acceptance criteria. - Solid understanding of Agile frameworks (Scrum and/or Kanban) and active participation in Agile ceremonies - Hands-on experience using Jira, Confluence, or similar tools for backlog management, documentation, and delivery tracking - Ability to analyze business and data insights to drive prioritization and decision-making; SQL or reporting experience strongly preferred. - Strong written and verbal communication skills with the ability to collaborate effectively across business and technology teams and across time zones Key Competencies - Core Banking Domain Expertise - Backlog Management & Story Decomposition - Agile Delivery & Sprint Execution - Capacity Planning & Multi-team Coordination - Stakeholder Management and Communication - Regulatory & Compliance Awareness - Risk & Dependency Management - Analytical Thinking & Decision Making

Nice to have

Preferred Qualifications: -Experience with mainframe modernization or migration projects. -Knowledge of automation tools for mainframe systems. -Familiarity with Agile and DevOps methodologies in a mainframe environment. -Certification in mainframe technologies and Hogan systems.