Principal Innovation Product Owner/ Product Manager

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

The Information Technology group delivers secure, reliable technology solutions that enable DTCC to be the trusted infrastructure of the global capital markets. The team delivers high-quality information through activities that include development of essential, building infrastructure capabilities to meet client needs and implementing data standards and governance.

Pay and Benefits:

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The Impact you will have in this role:

The successful candidate will drive and support a wide breadth of activities in support of Technology Research and Innovations’ (TRI) objectives. As a result of the team’s focus on elevating DTCC’s innovative profile internally and externally, the ideal candidate has a strong technical background with a business understanding, excellent communication skills, ability to synthesize sophisticated technical topics, keen interest in learning new technologies and dive deep into how it fits into DTCC. The candidate will be adept at building relationships and collaborating across stakeholders and can effectively prioritize and efficiently implement to thrive in a quick paced environment.

The work environment will be fast-paced with aggressive targets and timelines, involving lean team structures and a delivery-oriented approach with very clear and visible definitions of success and failure. Given the nature of this domain, the role will provide excellent learning opportunities on some of the latest technologies changing the business and technological landscapes. The ability to swiftly ramp up on new technologies and turn those lessons into fast-paced delivery will be key to being successful in this role.  

Your Primary Responsibilities:

The candidate will drive the analysis and product management activities in support of the delivery of innovative technology projects, including research and process innovation, for the TRI group. There is a strong individual-contributor aspect to this role requiring keen analytical skills, product & project management, stakeholder management, subject matter expertise and the ability to independently conduct exercises related to research, analysis, and process optimization. 

The candidate will closely partner with functions across the enterprise to ensure alignment and successful delivery, including Product Management, Legal, Operational and Technology Risk, IT Architecture, Application Development, Infrastructure, Architecture Review Board (ARB), New Initiatives Office (NIO) and others. As such, strong collaboration and relationship building skills are a must, and a strong understanding and experience of existing DTCC processes related to project lifecycle and compliance will be a strong plus.

Key responsibilities include:

• Project Leadership
  Lead large-scale strategic projects or multiple concurrent tactical initiatives. Oversee project scope, timelines, and budgets, and provide regular updates to collaborators, senior leadership, and governance bodies. Leverage industry trends and guidelines to advise project strategies and decision-making.
• Solution Vision 
  Own and facilitate the gathering and documentation of business and technical requirements. Draft functional and non-functional specifications, design workflows, and ensure alignment across teams on the desired end-state vision.
• Technology Advisory
  Recommend suitable technology stacks, assess architectural and software design proposals, and ensure compliance with internal standards and policies.
• Vendor Management
  Conduct technology due diligence and evaluate vendor offerings, including tools, platforms, and services. Lead vendor onboarding processes and contractual documentation.
• Research and Innovation
  Lead market studies, technology scouting, and process optimization efforts. Stay informed on emerging technologies and disruptions to find opportunities for innovation.
• Strategic Communications
  Develop content for internal and external audiences, including town halls, strategy sessions, blogs, videos, and public showcases. Collaborate with subject matter authorities to synthesize insights and support messaging.

 Talents Needed for Success:

• 10+ years of experience in the technology industry, preferably related to application development, architecture and / or research
• Experience in the financial services industry is highly preferred
• Proven experience managing sophisticated technology projects in a fast-paced environment
• Ability to translate strategic goals into actionable plans and results is required
• Strong understanding of software development, architecture, and emerging technologies
• Excellent communication and stakeholder management skills, ability to communicate technical topics to a non-technical audience
• Experience with vendor evaluation and contract management
• Experience as a Product Manager, Business Analyst or Systems Analyst

Highly preferred Specialized Skills

• Artificial Intelligence & Machine Learning experience is a strong plus
• Understanding of Post Trade Workflows, including Matching, Clearing, Settlement & Securities / Asset Servicing is desired.
• Experience of various Development Languages, Infrastructures and Architecture technology implementations in financial services environments would be beneficial
• A detailed of understanding of cloud technologies (AWS or Multicloud preferably) is advantageous.

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.