IT Officer - Product Owner Trade Finance
Job #: |
req30604 |
Organization: |
IFC |
Sector: |
Information Technology |
Grade: |
GF |
| Term Duration: | 3 years 0 months |
Recruitment Type: |
International Recruitment |
Location: |
Washington, DC,United States |
Required Language(s): |
English |
Preferred Language(s): |
|
Closing Date: |
12/10/2024 (MM/DD/YYYY) at 11:59pm UTC |
Description
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.
Information technology is an integral part of the strategic initiatives for all the Core Business Functions at IFC. Corporate Information Technologies (CIT) Teams provides comprehensive IT support for IFC's Investment & Advisory Services, Financial Operations, Treasury & the Asset Management Company. A robust engagement model with business ensures prioritization of the business requirements & focus on delivery. The application landscape encompasses a wide variety of In-house and Customized COTS products which meet the business needs of IFC departments.
We are seeking a highly motivated, experienced, and versatile Product Owner with Investment Banking, specifically Trade Finance domain knowledge with strong business analytical and technical skills to join the team as an IT Officer - Product Owner. The Product Owner will act as the key liaison between business stakeholders and the agile product teams, ensuring the evolving needs of the business are met while aligning with strategic objectives and working together with geographically distributed teams.
Duties and Responsibilities
Stakeholder Engagement
• Engage with business stakeholders to understand their needs and translate them into detailed product requirements.
• Act as the subject matter expert on the product and advise clients on Agile practices.
• Communicate progress, challenges, and achievements to stakeholders at all levels of the organization.
Product Strategy and Vision
• Play a critical role in driving the functional needs of Trade Finance initiatives and provide deep domain expertise to the clients.
• Develop, own, and drive product strategy and new product development for the Trade & Supply Chain Finance business.
• Create and maintain a product roadmap that aligns with the strategic goals of the operations space.
Backlog Management
• Prioritize and manage the product backlog, ensuring that the team is focused on delivering maximum value.
• Define user stories and acceptance criteria for product features and enhancements.
Collaborate with Cross-Functional Product Teams
• Understand the Front/Middle/Back-office functions of Trade finance processes and collaborate with cross-functional teams to define and prioritize product features and requirements.
• Proactively identify risks and issues that could impact product delivery and work with the team to mitigate them.
Solution Assessment, Delivery and Validation
• Assume delivery ownership and work with the development team to assess proposed solutions and ensure they meet business requirements.
• Participate in the validation and testing of new features and enhancements to verify that they fulfill the intended business needs.
• Ensure that all product releases meet quality standards and business requirements.
• Regularly evaluate progress toward story acceptance criteria, including compliance with established quality criteria, such as the scalable definition of done, and nonfunctional requirements.
Vendor Management
• Manage relationships with vendors to ensure they meet contractual obligations and support product goals.
Selection Criteria
• Master’s degree in business administration, Finance, Computer Science, or a related field, with at least 5 years of experience or equivalent
combination of education and experience.
• Proven experience as a Product Owner or Sr. Business Analyst in any financial domain.
• Demonstrates good understanding of Trade finance industry processes, technology, operations, and competitive industry offerings
• Experience working on Trade Related Products and Systems is a plus
• Candidates who possess trade-related certifications, such as the Certified Trade Finance Professional (CTFP) or the Certificate in International Trade and Finance (CITF), will have an added advantage.
• Solid understanding of product management principles and practices. Expertise with Agile methodologies and the ability to work in a fast-paced, iterative development environment.
• Strong product visioning and facilitation skills to lead requirements elicitation workshops planning and preparation, presentation, knowledge capture and follow-up.
• Excellent communication, negotiation, and stakeholder management skills.
• Be able to advise the client and help them think proactively about how to best meet their current and future needs, taking into consideration the real underlying issues that the client may not be aware of
• Analytical mindset with the ability to translate business needs into technical requirements.
• Candidates with Product Owner certifications like CSPO/CAPO/PSPO highly preferred.
• Demonstrated expertise in delivering complex IT solutions with tangible business value.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC, including our values and inspiring stories.