Fifth Third Bancorp

Lead Product Owner

Fifth Third Bancorp$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a related field or equivalent experience
  • 6+ years of related experience in product management
  • Successful track record in strategic development and program execution
  • Lean Six Sigma certification (Green Belt, Black Belt) desirable
  • Strong analytical and consultative communication skills
  • Experience with Agile or SAFE development methodologies
  • Inclusive leadership promoting creativity and teamwork

Responsibilities

  • Motivate teams to achieve product strategy and enhance outcomes
  • Collaborate with cross-functional partners to develop product strategies
  • Set and track annual goals and key performance indicators for products
  • Ensure transparent communication with stakeholders
  • Make decisions to support regulatory needs and business optimization
  • Engage with research for customer usability and needs validation
  • Monitor industry trends and represent the company in professional settings

Benefits

  • Comprehensive benefits focused on physical, financial, emotional, and social well-being
  • Opportunities for participation in incentive compensation plans
  • Support for individual and family needs through diverse programs
Full Job Description
GENERAL FUNCTION:

The Lead Product Owner will be responsible for collaborating with Product Manager(s), Technology, Lines of Business, Risk and other key partners to define and maximize specific bank product(s). Responsible for defining, prioritizing, and managing the development of a product that exceeds customer expectations and drives growth for the Bank. Will define, develop and lead the implementation of product roadmap deliverables, capabilities, and adoption, supporting business outcomes and lead a robust, continuous prioritization process to maximize total value, risk mitigation, and other business benefits across the Bank. At this level will usually require some guidance and input from more senior Product Owners or leadership. In some work environments, will be a key leader for SAFe (Strategic Agile Framework) methodologies and will be responsible for the value delivered by the ART (Agile Release Train) by ensuring the team backlog is aligned with customer and stakeholder needs. Will manage and prioritize the team's backlog by prioritizing, articulating, and delivering new features from ideation through production release.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk assessment, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. Support and adhere to all governance processes as defined by Enterprise.

ESSENTIAL DUTIES & RESPONSIBILITIES:
  • Motivate teams to deliver on the strategy and roadmap for continuous growth and improvement of product outcomes and experience.
  • Partner with other business functions, IT, Risk, Finance, Operations, and other key partners to define and execute on the product strategies.
  • Establish annual goals, objectives and outcomes for product(s) and customer satisfaction; Track and monitor key performance indicators and outcomes.
  • Collaborate with cross-functional teams to gain agreement/approval/guidance, including Lines of Business, Operations, Legal, Compliance, Information Security, Fraud, Architecture, and related functions.
  • Provide transparency and ongoing communications with line of business partners/key stakeholders.
  • Make decisions in complex situations to drive key outcomes in support of regulatory and compliance needs, new revenue growth, process optimization, and other business-wide analytics needs.
  • Solve problems and make decisions in support of the team, with a focus on driving the greatest outcome for the product and the Bank.
  • Engage with research team to define and implement customer usability testing, concept. validation, and co-creation studies to gain insights and identify customer needs and solutions.
  • Partner closely with third parties to cultivate the relationship, understand product releases, remediate defects/outages, and ensure a seamless experience for our employees and customers.
  • Maintain and provide product information to users and partners for training and other documentation.
  • Actively monitor industry trends; participate in industry forums, professional associations, conferences, etc.
  • If appropriate:
    • Lead and drive a SAFe mindset across the product teams. Lead in this transformation across peer teams and line of business partners.
    • Collaborating with SAFe teams on creating and maintaining a healthy product backlog, creating/reviewing/accepting backlog items (user stories, defects, technical spikes, etc.) and participating in team ceremonies such as sprint reviews/demos.
    • Motivate teams to deliver on roadmaps for improvement of product outcomes and experience through the development of potentially releasable code in each sprint.


SUPERVISORY RESPONSIBILITIES: None.

MINIMUM KNOWLEDGE, SKILLS, & ABILITIES REQUIRED:
  • Bachelor's degree in a related field or equivalent education and related work experience.
  • 6+ years of related experience.
  • Demonstrated success in strategic development and program execution
  • Lean Six Sigma certification (Green Belt, Black Belt) desired.
  • Solid product management background preferred; Strong presence with ability to interact with and influence all levels of the organization.
  • Strong consultative and well-articulated communication and writing skills with the ability to interact and influence at all levels of the organization.
  • Business acumen and understanding of business processes related to your product and customers.
  • Experience working in Agile or SAFE development preferred.
  • Inclusive leadership skills with ability to promote a work environment that fosters creative thinking and innovation.
  • Ability to have fun, a willingness to try new things and challenge the status quo through trials and an ongoing consideration of value and complexity.
  • Effortlessly collaborative with strong intellectual curiosity and creative problem solving.
  • Strong analytical skills with ability to work through complex concepts/data and present well thought-out, simple solutions.
  • Ability to self-motivate and work well independently and with different teams; A self-starter with the ability to work in a fast-paced environment with minimal supervision.
Lead Product Owner

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Cincinnati, Ohio 45202

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes - no matter how they are submitted - will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company, that specializes in small business, retail banking, investments, and mortgage.

Fifth Third Bancorp Careers

Join the vibrant team at Fifth Third Bancorp, a leading financial services company that values innovation, leadership, and diversity. As part of our commitment to professional growth and excellence, we offer a range of job opportunities that empower you to advance your career while contributing to the financial success of our clients. Work You’ll Do At Fifth Third Bancorp, you’ll be part of a culture that cherishes innovation and strategic thinking. Our team is dedicated to providing outstanding financial solutions to individuals and businesses alike. By joining us, you will collaborate with some of the industry’s most talented professionals, using your skills to influence positive change and drive efficiency. Explore a variety of career paths in areas such as finance, technology, customer service, and risk management. Whether you are looking for a full-time position, an internship, or leadership roles, Fifth Third Bancorp offers a dynamic environment where your career can flourish. Innovative Work Engage in projects that harness cutting-edge technology and innovative financial practices. At Fifth Third Bancorp, your work will directly impact our mission to improve lives and contribute to the economic stability of the communities we serve. Our team’s collaborative efforts lead to groundbreaking solutions, setting new standards in the financial industry. Be Part of a Great Team Fifth Third Bancorp is not just a company; it’s a community. Here, diversity and inclusion are at the core of our employment philosophy, ensuring every team member’s voice is heard and valued. We offer diversity training programs that enhance our understanding and appreciation of various perspectives, fostering an inclusive workplace. Future-Proof Your Career With Fifth Third Bancorp, you are set on a path of continuous professional development. Benefit from comprehensive benefits, mentorship, and networking opportunities that propel your career forward. Our leadership is committed to your success, providing support and guidance as you navigate through your career milestones. Stay Connected Join Our Team Discover the array of job opportunities at Fifth Third Bancorp by exploring positions that match your skills and interests. We are constantly hiring creative, curious, and motivated individuals who are ready to make a significant impact. Check out our current openings and find where you fit into our exceptional team. Keep Up to Date Stay informed with the latest career tips, industry insights, and professional growth opportunities available at Fifth Third Bancorp. Our careers blog is a resource for potential and current employees, offering valuable information to enhance your work experience and expand your knowledge base. Job Alert Emails Customize your experience by subscribing to receive job alerts, news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Fifth Third Bancorp. At Fifth Third Bancorp, we are more than just a bank. We are a place where careers are nurtured, achievements are celebrated, and diversity is embraced. Are you ready to take the next step in your professional journey? Join us and be part of something great.
Learn more about Fifth Third Bancorp
Size
19,247 employees
Market Cap
$22.3 billion
Industry
Net Income
$1.4 billion
Founded
1858
5 Year Trend
+4.4%
NASDAQ

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