Product Owner Associate Director

DTCC
Jersey City, NJ
HybridCareer-pivot friendly

Who this role is best for

Strong fit for candidates with experience in financial markets who lead cross-functional product delivery teams.

Best fit for

  • Candidates with 8+ years of experience in product delivery within financial services or similar high-stakes environments
    — “Minimum of 8 years of related experience”
  • Individuals who have led strategic transformation initiatives in securities processing or transaction management
    — “delivering strategic transformation across both Clearing and Settlement domains”
  • Professionals who thrive in hybrid work models with structured onsite days and strong stakeholder alignment
    — “flexible/hybrid model of 3 days onsite and 2 days remote”

Things to consider

  • Requires maintaining a delivery-ready backlog and aligning stakeholders on priorities and sequencing
    — “Own and continuously prioritize the squad backlog based on business value, client impact, regulatory requirements, risk, dependencies, and available capacity”
  • Involves joint budget responsibility and must balance delivery with financial constraints
    — “Joint responsibility across RTB/CTB for annual budget planning, submission, and tracking”

How to stand out

  • Highlight experience in translating strategic objectives into detailed delivery roadmaps and epics
    — “Translate strategic objectives into executable delivery plans, epics, and release roadmaps”
  • Emphasize leadership in agile ceremonies and risk mitigation for high-quality delivery
    — “Lead and actively participate in all agile ceremonies (Stand-ups, Sprint Planning, Sprint Zero, Reviews, Retrospectives, Summits)”
  • Showcase cross-functional collaboration skills with RTB, CTB, Engineering, and Operations teams
    — “Partner with RTB, CTB, Engineering, Architecture, UX/UI, QA, and Operations to balance delivery trade-offs and ensure alignment”
  • Demonstrate expertise in managing operational readiness and client-facing documentation
    — “Oversee the release calendar in partnership with RTB, CTB, and Technology teams to own operational readiness planning and execution”
  • Include examples of governing change requests and ensuring alignment with strategic intent
    — “Govern change requests and ensure alignment with strategic intent”
Pace · Fast PacedCollaboration · HighAutonomy · MediumDecision Impact · Team

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

  • successful execution of high-priority initiatives
  • delivery on time and within budget
  • alignment of stakeholders on scope and priorities
Typical background
product managementagile deliveryproject management

Skills & requirements

Required

Strategic DeliveryProduct Backlog ManagementAgile Delivery LeadershipStakeholder Alignment

Preferred

Risk ManagementDependency Management

About the role

Original posting from DTCC

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 Global Operations, Client Services & Administration group delivers world-class safety and soundness for the global financial services industry. The team provides DTCC’s portfolio of core securities and superior transaction processing and client services support in an environment that minimizes risk and cost while maximizing efficiency. 

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:

You will play a critical role in delivering strategic transformation across both Clearing and Settlement domains, ensuring the successful execution of high-priority initiatives that modernize our platforms and enhance client outcomes.

As a Product Owner (Delivery), you will be accountable for translating strategic objectives into executable delivery plans. You will drive predictable, high-quality delivery by maintaining a delivery-ready backlog, managing risks and dependencies, and supporting timely scope and prioritization decisions.

Operating at the intersection of business, technology, operations, risk, and client readiness, you will align stakeholders on scope, priorities, testing, release readiness, and measurable outcomes. You will partner with Run the Business (RTB) and Change the Business (CTB) functions, while embedding strong product delivery discipline, governance, and continuous improvement practices.

Your Primary Responsibilities:

Strategic Delivery & Accountability

Accountable for end-to-end delivery of prioritized strategic initiatives across Clearing and Settlement, ensuring delivery on time and within budget

Translate strategic objectives into executable delivery plans, epics, and release roadmaps

Align delivery with enterprise priorities, regulatory requirements, and client needs

 Product Backlog & Prioritization Governance

Own and continuously prioritize the squad backlog based on business value, client impact, regulatory requirements, risk, dependencies, and available capacity

Lead quarterly and ad-hoc prioritization forums to align stakeholders on delivery scope and sequencing

Maintain backlog hygiene and readiness for Sprint 0 and delivery planning in compliance with Delivery Practice Standards 

 Agile Delivery Leadership

Lead and actively participate in all agile ceremonies (Stand-ups, Sprint Planning, Sprint Zero, Reviews, Retrospectives, Summits)

Drive predictable, high-quality delivery across squads through clear planning, dependency management, and risk mitigation

Monitor delivery performance, milestone commitments, and the critical path, escalating threats early to support delivery with no surprises

Foster a culture of accountability, transparency, and continuous improvement

 Cross-Functional Collaboration

Partner with RTB, CTB, Engineering, Architecture, UX/UI, QA, and Operations to balance delivery trade-offs and ensure alignment

Act as the central point of coordination across business and technology stakeholders

Manage dependencies across multiple teams and systems to enable seamless execution

 Product Documentation & Solution Definition

Accountable for end-to-end product documentation (e.g., Initiative Alignment Documentation), translating strategic priorities into detailed requirements, solution designs, epics, and user stories

Ensure completeness, accuracy, and traceability of requirements across the delivery lifecycle

Govern change requests and ensure alignment with strategic intent

 Release Management & Operational Readiness

Oversee the release calendar in partnership with RTB, CTB, and Technology teams to own operational readiness planning and execution, including client-facing documentation, training and enablement materials, and operational process updates

Ensure release planning addresses controls, resiliency, recoverability, performance, monitoring, operating procedures, training, support, and production stabilization

Contribute product input to go/no-go decisions and confirm operational ownership before transition to business-as-usual support

 Financial & Commercial Accountability

Joint responsibility across RTB/CTB for annual budget planning, submission, and tracking

Ensure efficient utilization of resources and alignment of delivery with budget constraints

 Client & Market Engagement

Identify client impacts early and incorporate communications, specifications, connectivity, onboarding, testing, adoption, and readiness activities into the delivery plan

Partner with Client Readiness, Relationship Management, Operations, Legal, Marketing, and Technology to deliver accurate and timely implementation guidance

Represent the product in client meetings, working groups, demonstrations, and industry forums as needed

**NOTE: The Primary Responsibilities of this role are not limited to the details above. **

 Qualifications:

Minimum of 8 years of related experience

Bachelor's degree preferred or equivalent experience

 Talents Needed for Success:

Core Product Delivery Leadership

Strong experience in product delivery within financial market infrastructure, with exposure to Clearing and/or Settlement domains

Proven ability to independently own complex product outcomes from strategy and requirements through implementation, stabilization, and value realization

Experience leading multi-year initiatives involving multiple squads, platforms, and business functions

Execution & Delivery Excellence

Demonstrated ability to drive predictable, high-quality delivery in agile environments

Strong understanding of agile frameworks, backlog management, and release planning at scale

Ability to identify delivery variance, make timely scope and sequencing decisions, and escalate material risks with clear recommendations

Strategic Thinking & Prioritization

Ability to translate strategic objectives into actionable delivery plans and roadmaps

Strong prioritization skills, balancing business value, technical constraints, and risk

Ability to challenge effectiveness of existing processes, reports, interfaces, data elements, and business rules to advance target-state outcomes

Stakeholder Management & Influence

Ability to influence and align senior stakeholders across business, technology, and operations

Strong communication skills with experience managing cross-functional and global teams

Experience leading client meetings, industry working groups, demonstrations, or webinars and representing the product with credibility

Technical & Domain Acumen

Solid understanding of financial markets, trade lifecycle, clearing, and settlement processes across multiple asset classes such as Equities, Fixed Income and ETF’s (Primary Market)

Knowledge of related products or asset classes is beneficial where relevant to cross-product dependencies

Ability to engage effectively with engineering and architecture teams on solution design

Operational & Risk Mindset

Strong understanding of operational readiness, resiliency, and risk management in production environments

Experience actively managing risks, issues, assumptions, and dependencies through clear ownership, mitigation plans, target dates, and escalation

Ability to contribute informed product recommendations to release-readiness and go/no-go decisions

Leadership & Continuous Improvement

Demonstrated ability to operate independently, exercise sound judgment, and maintain accountability in a complex and highly regulated environment

Ability to foster a culture of accountability, ownership, and continuous improvement

Experience leading retrospectives and embedding delivery best practices across teams

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.

With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC’s subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork.  When you join our team, you’ll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It’s the chance to make a difference at a company that’s truly one of a kind.

Learn more about Clearance and Settlement by clicking here.

Source: DTCC careers

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