Position Overview
Job Title:
Product Owner
Corporate Title: Vice President
Location: Pune, India
Role Description
- Candidate will work as a Senior Product Owner in a cross-functional agile delivery team. Candidate will bring an innovative and hands-on approach to software development, focusing on using the latest technologies and practices to deliver business value. Will be someone who sees engineering as team activity, with a predisposition to open code, open discussion and creating a supportive, collaborative environment. Candidate will be ready to contribute to all stages of software delivery, from initial analysis right through to production support.
- This role is responsible for leading their team, conducting the planning for each agile increment, execution of delivery from feature to production and contribution to the product backlog via feature elaboration. They will need to collaborate with Product Management, engineering and stakeholders to achieve business value in strategic and scalable manner in-line with product and platform strategy.
- ERM (Enterprise Risk Management) & MVRM (Market & Valuation Risk Management) IT group are part of Technology Data and Innovation and own and deliver on the RiskFinder platform to multiple stakeholders and sponsors.
- RiskFinder is the Bank’s Risk & Capital Management platform. It provides capability to calculate capital metrics, performs risk scenario analysis and portfolio risk analytics and related control functions across the Bank’s business lines. The system calculates over 600 billion scenarios per day on a high-performance compute grid, stores the results into a big data store and provides our end users the capability to aggregate, report and analyse the results.
- RiskFinder integrates distributed high performance grid compute and big data technologies to deliver the execution and analytics at very large scale required to process the volumes of scenarios within the timeframes required. The platform leverages in house quantitative analytics and inputs to our front office pricing models to deliver full revaluation-based capital metrics across a complex derivates portfolio.
- Our technology stack includes Java, C, C++, PostGres, OracleDB, Lua, Python, Scala, and Spark plus other off-the-shelf products like caching solutions integrated into one platform, which offers great opportunity for technical development and personal growth in a domain with focus on engineering and Agile delivery practices.
About DB Global Technology:
- A Passion to Perform. It’s what drives us. More than a claim, this describes the way we do business. We’re committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients. This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you’ll discover, our culture supports this. Diverse, international and shaped by a variety of different perspectives, we’re driven by a shared sense of purpose. At every level agile thinking is nurtured. And at every level agile minds are rewarded with competitive pay, support and opportunities to excel.
About the team:
- Risk Finance Treasury (RFT) Technology caters to Market Risk (MR) and Counterparty Credit Risk (CCR) for the group. RFT is responsible for delivering key risk metrics to senior management on the business side and the regulators across the globe whilst also assisting trading desks with deep insights in risk drivers.
- On CCR, technology is expected to delivery counterparty exposures like EPE, PFE, LGD etc., stress testing of credit exposures. For MR, technology is engaged to deliver FRTB, VaR, SVaR, CVA and RWA etc. in a strategic platform.
- RFT undertook the five-year roadmap to build strategic “Risk Framework” which will be used bank wide for various metrics across all risk categories. The technology suite used are Java, Oracle, Hadoop, EXTJS [UI], Spring, Spark and C++.
Group Technology (Development & Operations):
- Our Technology team pioneers technologies and re-engineers business processes to deliver exceptional levels of innovation and world-class client service. From moving trillions of Euros through a business every day to integrating two organizations after a major acquisition, we face the technological challenges caused by growth, market change and constant competition.
- With award-winning mobile banking apps and trading systems, our technology platforms help Deutsche Bank deliver best-in-class products to clients. Naturally, we make sure that the phones work, emails are delivered and PCs run - but we also develop innovative collaboration platforms and workspaces that help our people share their knowledge, their expertise and their passion for our business.
- Developments in technology are changing the way we communicate, work and even think. Join us here, and you’ll constantly be looking ahead. We’ll look to you to capitalize on new technological trends that can reshape our business and deliver value for our clients, whilst still meeting the demands of customers, regulators and the markets.
What We’ll Offer You
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy,
- Best in class leave policy.
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
Your Key Responsibilities
- Providing leadership to their respective team and enables them to apply their skills to deliver high quality product outcomes
- Primary contact for functional features for their team and able to provide an overview on how the features that the team is working on relate to overall functional landscape
- Engaging with stakeholders and management team to understand the actual outcomes that the functionality is expected to achieve and adapt features accordingly
- Understanding the upcoming backlog for their team and able to explain both functional and technical features that the team may be expected to deliver
- Work closely with Product Management on backlog prioritisation
- Conduct feature elaboration based on an understanding of the business demand and alignment with the Product Roadmap
- Assist team determining the appropriate solution design and implementation in line with architectural / engineering guidance
- Raise risk and dependencies with Product Management and Release Train Engineer and work with required stakeholder for resolution
- Conduct planning activities in line with agile delivery intervals
- Ensure team is delivering the business value to stakeholder in timely manner
- Collaborate closely with application owners as the functional SME in solution identification
- Manage user acceptance testing and test scenario creation
- Ensure that end users & support teams are correctly trained to use the product delivered
- Support implementation team and solve post go-live issues
- Contribute towards product documentation
Your Skills And Experience
- Prior experience operating as a Product Owner / Product Manager
- Prior experience leading a delivery team to achieve business outcomes
- Track record in delivery of complex functionality using an agile software development methodology
- Experience in working collaboratively with engineering to determine solution / approach and good understanding of the entire SDLC
- Understanding of the Market Risk / Credit Risk domains and associated risk methodologies such as VaR / ES / PFE / EPE / Stress Testing
- Expertise in analysing data and understanding of key risk data dimensions such as trade, book, counterparty, exposure, hierarchies, valuations, etc.
- Ideally knowledge of asset classes (e.g. FX / IR) and their respective risk factors
- Experienced in delivery of regulatory projects such as FRTB (SA/IMA), US Basel 3, etc.
Skills
- Excellent communication skills
- Strong analytical skills
- Very good problem-solving skills
- Attention to detail, ability to work with deadlines
- Assertive with the ability to balance collaboration with pragmatic decision making
- Good documentation, presentation skills including process/data modelling
- Proactive, delivery orientated approach
- Enthusiastic ‘can do’ approach to all responsibilities
- Ability to take direction as needed as well as being able to work independently
- Proficiency in MS Word, Excel, PowerPoint, SQL, Confluence
- Well versed with Agile Methodology
- Education | Certification
- Bachelor’s degree in engineering (BE/ BTech) / B Sc (Mathematics) / equivalent
- Candidates with CFA / FRM / PRM are preferred
How We’ll Support You
- Training and development to help you excel in your career.
- Coaching and support from experts in your team.
- A culture of continuous learning to aid progression.
- A range of flexible benefits that you can tailor to suit your needs.
About Us And Our Teams
Please visit our company website for further information:
https://www.db.com/company/company.htm
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.
