PRODUCT OWNER - FINANCIAL RISK MANAGEMENT
Apply NowCompany: Cognizant
Location: Chicago, IL 60629
Description:
Product Owner - Financial Risk Management
Banking & Financial Services Consulting
Chicago
ABOUT US
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Learn how Cognizant helps clients lead with digital at www.cognizant.com .
COGNIZANT CONSULTING
Within Cognizant is Cognizant Consulting, a global consulting organization delivering strategic and domain consulting through industry and technology expertise. With over 6,000 consultants worldwide, Cognizant offers high-value consulting services that improve business performance and operational productivity, lower operational expenses and enhance overall performance. Clients draw upon our deep industry expertise, program and change management capabilities, and analytical objectivity to help improve business productivity, drive technology-enabled business transformation and increase shareholder value. We provide several Business/IT Consulting Services including Business Strategy, IT Strategy & Roadmap Development, Process Re-Engineering & Transformation, Enterprise Architecture & Technology Selection, and Domain Solutions. The Cognizant Consulting team is a high performing organization that is continually expanding our client base and increasingly being recommended by analysts such as Forrester and Gartner. And we're growing!
The Role
Our BANKING & FINANCIAL SERVICES CONSULTING PRACTICE group is looking for a Product Owner with experience in Financial Markets.
We're looking for Product Owners who can deliver within Cognizant's Five Pillars of Consulting Excellence, which are: 1) Project Execution, 2) Expertise, 3) Business Development, 4) Practice Development, & 5) People Development. As a Product Owner, this means leading a team of Consultants through a client-facing engagement, managing escalations, and serving as a the owner of a workstream; maintaining expertise in your domain; meaningfully contributing to the sales process through a mix of RPI development, client presentations, financial modeling, pricing strategy, and flawless delivery; creating service offerings and/or client partner training materials; and contributing to People Care initiatives, recruiting, and mentoring. In addition to enabling consulting excellence through the Five Pillars of Consulting, the specific requirements for this position are below.
Our solutions are in demand and we're passionate about making a difference. If you have experience with the above, are a selfless leader, and are committed to client-facing environment; if you want to grow your career with a team that wants to build something great together, we want to hear from you! Apply now!
Responsibilities
Create product backlog for financial risk systems and refine it to ensure its ready for development
Understand regulatory requirements and drivers impacting development goals and plans
Evaluate product changes and recommend needed process and system changes
Collaborate with cross-functional teams to define and prioritize the product backlog
Collaborate with technology partners and teams to drive strategic plans for system development, integration and deployment
Work with the Project Owners/Managers, Technology Lead, and Scrum Master to ensure that the teams are following agile methodology and that any issues are addressed in a timely manner
Collaborate with Model Risk Management and Quantitative Risk Management staff to ensure all models and methodologies are appropriately validated as part of any change management or annual validation activities
Understand regulatory requirements and drivers impacting development goals and plans
Evaluate product changes and recommend needed process and system changes
Collaborate with cross-functional teams to define and prioritize the product backlog
Refine the product backlog to ensure that it is ready for development
Seek to optimize product delivery in the most cost-effective manner
Qualifications
10+ years of experience as a Product Owner in financial risk domain focusing on credit, market or counterparty risk
Strong understanding of Agile product management methodologies and product development processes
Experience with central counter-party clearing, settlement of derivatives, financial risk management and regulated capital markets infrastructure
General securities markets, derivatives knowledge required
Strong knowledge in multiple asset classes (equities, interest rates, volatility, commodities, foreign currencies, etc.)
Excellent communication, collaboration, and presentation skills
Ability to work effectively with and lead cross-functional teams
Strong analytical and problem-solving skills
Demonstrated ability to gather, analyze, and evaluate facts, and prepare and present concise oral and written reports
Ability to prioritize and manage multiple tasks and projects simultaneously
Ability to work independently in a fast-paced, dynamic environment
Must be able to work under deadlines and manage multiple tasks
Self-directed; Ability to work both independently with minimal direction or oversight in a team-oriented, collaborative environment
Proficiency using Jira, Confluence, Tableau and Microsoft Office applications.
Familiarity with relational databases and ability to modify & execute SQL using appropriate query tools a plus
Willing to work at the client location 3-4 times a week.
Work Authorization
Cognizant will only consider applicants for this position who are legally authorized to work in the United States without company sponsorship (H-1B, L-1B, L-1A, etc.)
The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.
About us:
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World's Best Employers 2024) is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com
Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.
Disclaimer:
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.
Banking & Financial Services Consulting
Chicago
ABOUT US
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Learn how Cognizant helps clients lead with digital at www.cognizant.com .
COGNIZANT CONSULTING
Within Cognizant is Cognizant Consulting, a global consulting organization delivering strategic and domain consulting through industry and technology expertise. With over 6,000 consultants worldwide, Cognizant offers high-value consulting services that improve business performance and operational productivity, lower operational expenses and enhance overall performance. Clients draw upon our deep industry expertise, program and change management capabilities, and analytical objectivity to help improve business productivity, drive technology-enabled business transformation and increase shareholder value. We provide several Business/IT Consulting Services including Business Strategy, IT Strategy & Roadmap Development, Process Re-Engineering & Transformation, Enterprise Architecture & Technology Selection, and Domain Solutions. The Cognizant Consulting team is a high performing organization that is continually expanding our client base and increasingly being recommended by analysts such as Forrester and Gartner. And we're growing!
The Role
Our BANKING & FINANCIAL SERVICES CONSULTING PRACTICE group is looking for a Product Owner with experience in Financial Markets.
We're looking for Product Owners who can deliver within Cognizant's Five Pillars of Consulting Excellence, which are: 1) Project Execution, 2) Expertise, 3) Business Development, 4) Practice Development, & 5) People Development. As a Product Owner, this means leading a team of Consultants through a client-facing engagement, managing escalations, and serving as a the owner of a workstream; maintaining expertise in your domain; meaningfully contributing to the sales process through a mix of RPI development, client presentations, financial modeling, pricing strategy, and flawless delivery; creating service offerings and/or client partner training materials; and contributing to People Care initiatives, recruiting, and mentoring. In addition to enabling consulting excellence through the Five Pillars of Consulting, the specific requirements for this position are below.
Our solutions are in demand and we're passionate about making a difference. If you have experience with the above, are a selfless leader, and are committed to client-facing environment; if you want to grow your career with a team that wants to build something great together, we want to hear from you! Apply now!
Responsibilities
Create product backlog for financial risk systems and refine it to ensure its ready for development
Understand regulatory requirements and drivers impacting development goals and plans
Evaluate product changes and recommend needed process and system changes
Collaborate with cross-functional teams to define and prioritize the product backlog
Collaborate with technology partners and teams to drive strategic plans for system development, integration and deployment
Work with the Project Owners/Managers, Technology Lead, and Scrum Master to ensure that the teams are following agile methodology and that any issues are addressed in a timely manner
Collaborate with Model Risk Management and Quantitative Risk Management staff to ensure all models and methodologies are appropriately validated as part of any change management or annual validation activities
Understand regulatory requirements and drivers impacting development goals and plans
Evaluate product changes and recommend needed process and system changes
Collaborate with cross-functional teams to define and prioritize the product backlog
Refine the product backlog to ensure that it is ready for development
Seek to optimize product delivery in the most cost-effective manner
Qualifications
10+ years of experience as a Product Owner in financial risk domain focusing on credit, market or counterparty risk
Strong understanding of Agile product management methodologies and product development processes
Experience with central counter-party clearing, settlement of derivatives, financial risk management and regulated capital markets infrastructure
General securities markets, derivatives knowledge required
Strong knowledge in multiple asset classes (equities, interest rates, volatility, commodities, foreign currencies, etc.)
Excellent communication, collaboration, and presentation skills
Ability to work effectively with and lead cross-functional teams
Strong analytical and problem-solving skills
Demonstrated ability to gather, analyze, and evaluate facts, and prepare and present concise oral and written reports
Ability to prioritize and manage multiple tasks and projects simultaneously
Ability to work independently in a fast-paced, dynamic environment
Must be able to work under deadlines and manage multiple tasks
Self-directed; Ability to work both independently with minimal direction or oversight in a team-oriented, collaborative environment
Proficiency using Jira, Confluence, Tableau and Microsoft Office applications.
Familiarity with relational databases and ability to modify & execute SQL using appropriate query tools a plus
Willing to work at the client location 3-4 times a week.
Work Authorization
Cognizant will only consider applicants for this position who are legally authorized to work in the United States without company sponsorship (H-1B, L-1B, L-1A, etc.)
The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.
- Cognizant is a global community with more than 300,000 associates around the world.
- We don't just dream of a better way - we make it happen.
- We take care of our people, clients, company, communities and climate by doing what's right.
- We foster an innovative environment where you can build the career path that's right for you.
About us:
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World's Best Employers 2024) is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com
Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.
Disclaimer:
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.