Business Capability Owner, Payments SM Level
Job Summary
Job / Role Responsibilities:
A)Product & Capability Ownership:
Lead and integrate cross-functional understanding of Payments Products including the Strategy
defining Product Vision Business Capability Maps and Business Outcomes Roadmaps tied to
business goals.
Monitor the regulatory environment understand emerging industry mandates and ensure these
are incorporated into Product Strategies considering impact to business stakeholders and
customers.
Explore new product capabilities develop business cases for product requests and confirm
product initiative scope to be shared across impacted stakeholders.
Identify document and validate current state processes and support stakeholders to design the
desired future state target operating model (TOM); provide recommendations and/or direction
based on the end-to-end customer experience when making decisions.
Lead analyze document and manage requirements with stakeholders by applying a variety of
techniques to probe elicit challenge understand and gain consensus on requirements.
Prioritize requirements based on inputs from Business Stakeholders & understanding of broader
Roadmap priorities for business outcomes.
Empowered to make delivery decisions and assess/mitigate/manage risks.
Manage end-to-end traceability from business goals to business rules and features epics user
stories and test cases.
Drive the team to plan and execute regular Business Stakeholder Demos for completed product
increments to demonstrate progress and gather feedback; includes compiling and sharing of
team performance metrics.
Plan for people & process changes coordinate with impacted stakeholders and execute change
plans (i.e. documentation socialization communications training).
B)Modern Way of Working:
Employ Agile Product Owner mindset Shift Left testing methodologies and best practices
utilizing collaborative tools like Jira JTMF and Confluence to ensure projects progress in the
right direction.
Keep current on emerging trends tools and techniques to improve product development and
delivery including best practices from Design Thinking and Lean Startup methodologies.
Contribute to a culture of innovation actively seeking ways to enhance capability and
performance efficiency.
C) Leadership:
People Management:
Lead and manage team members overseeing activities and deliverables aligned with diverse
business clients and segments.
Foster people development through mentoring performance feedback and career succession
planning.
Stakeholder Management:
Build and maintain productive relationships with internal and external partners acting as an
ambassador for the business area and the bank.
Effectively engage and update stakeholders ensuring understanding of project timelines and
strategic alignment with senior management.
Influence senior stakeholders and guide team members in the area of expertise managing
expectations and collaborating across teams to achieve business objectives.
Compile and communicate performance metrics to relevant stakeholders.
Communication & Facilitation:
Convey complex concepts clearly transforming information into compelling business narratives.
Effectively communicate product changes and backlog priorities to stakeholders.
Critical Thinking & Problem-Solving:
Utilize critical thinking and conflict resolution skills to address complex challenges.
Recommend best practices for improving products processes or services.
Solve intricate problems and develop innovative solutions through sophisticated analytical
thinking.
Education & Experience:
Undergraduate degree required.
15 years relevant experience.
7 years in Project Management Product Owner Testing Practices and/or Agile delivery
experience.
Certifications such as PMP Agile Certified Practitioner or Scrum Product Owner (CSPO) are
assets.
Payment Product & Capability Domain Knowledge:
Deep knowledge and Experience working on payment systems such as Canada Lynx US CHIPS
and FedWire etc.
Substantial familiarity with various accounts (Nostro Vostro Corporate Customer) and
integration of payments services with correspondent account processing an asset.
Deep understanding of the interaction between payments operating models and how these
serve client needs and use cases.
Familiarity with regulatory reporting such as SAR EFTR Fintrac sanction screening fraud
detection anti-money laundering (AML) compliance reporting.
Knowledge of SWIFT messages ISO20022 MX and MT formats.
Knowledge of non-wire payment methods like drafts and checks.
Experience with payment data canonical models and payment data mapping.
Ability to create and document Target Operating Models (TOMs) and define how opportunities
and challenges will be delivered through these TOMs.
Preferred Qualifications:
Proficient in MS Office and collaboration tools like Jira and Confluence.
Consulting and / or strategy experience preferred demonstrating problem-solving analytical
thinking and effective stakeholder management.
Tier 1 bank or financial institution experience preferred.
Strong oral and written communication skills.
Ability to work collaboratively and independently exercising sound judgment.
Skilled in data analysis and capable of thriving in ambiguous situations.
Demonstrated storytelling skills and documentation skills.