SVP, Product Owner – Retail Risk (Loss Forecast Platform)

Project Overview

The client is seeking an experienced Retail Risk Product Owner to lead the development of a Loss Forecast Platform supporting CCAR and internal forecasting processes.

This role will act as a subject matter expert bridging business risk and technology teams to deliver a scalable compliant and data-driven platform. The position requires strong expertise in retail credit risk regulatory stress testing and agile product delivery.

Key Responsibilities

Product Strategy & Roadmap

• Define and drive product vision strategy and roadmap aligned with business and regulatory goals
• Translate strategic objectives into detailed product requirements and user stories
• Conduct stakeholder discussions market analysis and feedback gathering to guide product direction

Requirements & Backlog Management

• Act as liaison between risk finance and technology teams
• Capture analyze and prioritize requirements related to CCAR and loss forecasting
• Maintain and prioritize product backlog based on business value and regulatory needs
• Facilitate requirement workshops and resolve ambiguities

Platform Development & Delivery

• Partner with agile teams (developers QA Scrum Masters) across the product lifecycle
• Participate in agile ceremonies and provide guidance during sprint execution
• Oversee User Acceptance Testing (UAT) to ensure quality and alignment with requirements

Regulatory & Risk Oversight

• Apply expertise in CCAR DFAST CECL and model risk management
• Ensure compliance with regulatory standards and audit requirements
• Collaborate with model development and validation teams

Stakeholder Communication

• Communicate progress risks and updates to senior leadership
• Manage expectations and align stakeholders across multiple programs

Continuous Improvement

• Monitor platform performance and user feedback
• Drive enhancements based on analytics and regulatory updates

Required Qualifications

Education

• Bachelors degree in Finance Economics Computer Science Engineering or related field
• Masters degree or MBA preferred

Experience

• 10 years in product management business analysis or related roles within financial services
• Strong focus on retail risk and credit products
• 5 years of hands-on experience with CCAR DFAST or similar frameworks
• Proven experience delivering complex platforms in agile environments

Technical & Soft Skills

Technical Skills

• Strong knowledge of retail credit products (credit cards mortgages)
• Understanding of risk modeling concepts (PD LGD EAD)
• Experience with SQL and data analytics tools
• Familiarity with data architecture and risk management platforms
• Understanding of model risk management and regulatory compliance
• Exposure to AI-assisted tools is a plus

Soft Skills

• Strong communication and presentation skills
• Ability to explain complex concepts to both technical and business audiences
• Analytical thinking and problem-solving ability
• Stakeholder management and influence across cross-functional teams
• Self-driven and able to work in fast-paced environments