SPECIFICS TO THIS ROLE:
Business Value Delivered by the Team- Stronger Risk Governance: Integrated platforms providing a unified view of risk, controls, and compliance
- Regulatory Confidence: Technology that ensures adherence to regulatory requirements and audit readiness
- Operational Efficiency: Reduced manual processes and improved workflow automation across programs
- Better Decision-Making: Data-driven insights enabling leadership to understand and act on enterprise risk
- Platform Simplification: Consolidation and integration of tools to reduce complexity and cost
Daily / Weekly Duties- Review and prioritize incoming requests from GRC Strategy and business stakeholders
- Facilitate backlog grooming and refine epics, features, and user stories
- Conduct stakeholder meetings to clarify needs, define value, and align on priorities
- Lead or participate in Agile ceremonies (daily standups, sprint planning, PI planning)
- Partner with architects and engineers to ensure solution feasibility and alignment
- Monitor delivery progress, remove blockers, and adjust priorities as needed
- Review delivered functionality and validate against business outcomes
- Communicate updates, risks, and progress to leadership and stakeholders
- Track metrics and outcomes to inform roadmap adjustments
GENERAL FUNCTION:
The Principal Product Owner will be responsible for:
- Partnering with Lines of Business teams, business functions, and IT teams to define product needs and opportunities across the Bancorp
- Collaborating with business, technology, and analytics partners to prioritize, articulate and deliver new features from ideation through production release in Agile development, ensuring key outcomes are being met.
- Defining, developing and leading the implementation of product roadmap deliverables, capabilities, and adoption, supporting business outcomes.
- Leading a robust, continuous prioritization process to maximize total value, risk mitigation, and other business benefits across the bank.
- Decision-making in complex situations to drive key outcomes in support of regulatory & compliance needs, new revenue growth, process optimization, & other business-wide analytics needs.
- Staying informed on new technologies and pushing boundaries to introduce new and innovative solutions to build trust and exceed customer expectations and outcomes.
- Acting as a change agent for technologies and supporting processes by leveraging Agile practices to maximize results measured by performance and availability, business agility, technology freshness, and cost optimization
- 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:
- Inspire and motivate teams to deliver on the strategy and roadmap for continuous growth and improvement of product outcomes and experience.
- Lead and drive an agile mindset across product teams. Lead in this transformation across peer teams and line of business partners.
- Drive the continued transformation from a project-based to a product-based organization. Partner with peer teams to drive this approach broadly.
- Collaborate with cross-functional teams to gain agreement/approval/guidance, including lines of business, operations, legal, compliance, information security, fraud, and related functions.
- Provide transparency and ongoing communications with line of business partners/key stakeholders.
- Ability to solve problems and make decisions in support of the team, with a focus on driving the greatest outcome for the product and the Bank.
- Collaborating with Agile Squad on creating and maintaining a healthy product backlog, creating/reviewing/accepting; backlog items (user stories, defects, technical spikes, etc.); including participating in agile team ceremonies such as sprint reviews/demos.
- Partner with level 1 / 2 support teams, if applicable, to understand all issues associated with the product.
- Engaging 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
- Continuous understanding of the customer. Partnering with design, user experience and analytics colleagues to ensure an intuitive customer-research led product features that meets customer needs.
- Maintain and provide product information to users and partners for training and other documentation
- Establish annual goals, objectives and outcomes for product(s); Track and monitor key performance indicators.
- Actively monitor industry trends; participate in industry forums, professional associations, conferences, etc.
SUPERVISORY RESPONSIBILITIES
: None.
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
- 8+ years of related experience required
- Demonstrated success in strategic development and program execution
- Experience working in Agile development preferred.
- 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.
- Inclusive leadership skills with ability to promote a work environment that fosters creative thinking and innovation.
- Ability to have fun and a willingness to try new things and challenge the status quo.
- 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.
Principal Product Owner - Governance, Risk & Compliance Technology
Total Base Pay Range 96,500.00 - 207,500.00 USD Annual
At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
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 45227
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.
