Business Capability Owner

Leading Financial Services Firm in Manhattan, New York!
Full time Position with competitive salary and discretionary bonus

About Our Client

The client is an established Investment Bank with a global presence.

Job Description

Product & Capability Ownership: Lead cross-functional understanding of Payments & Deposits products, drive product strategy, develop business cases, prioritize requirements, and manage end-to-end traceability from business goals to test cases.
Stakeholder Management & Communication: Build strong relationships with stakeholders, influence senior leaders, update on project progress, and effectively communicate complex concepts and product changes.
Agile & Modern Methodologies: Utilize Agile methodologies, product owner mindset, and tools like Jira and Confluence to drive project execution; stay up-to-date on emerging trends and best practices.
Leadership & Change Management: Empower decision-making, manage risks, execute change plans, and drive team performance through regular demos and stakeholder engagement.
Problem Solving & Critical Thinking: Apply critical thinking and conflict resolution to solve complex challenges, recommend improvements, and provide innovative solutions to enhance products and services.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

Education & Experience: Undergraduate degree, 7+ years of relevant experience, and 3+ years in Project Management, Product Ownership, Testing, or Agile delivery. Certifications like PMP, Agile Certified Practitioner, or CSPO are a plus.
Payment & Deposits Knowledge: Extensive knowledge of SWIFT, ISO20022, and payment systems like Canada Lynx, US CHIPS, FedWire, and non-wire payment methods (e.g., drafts, checks).
Regulatory & Compliance Expertise: Familiar with regulatory reporting (e.g., EFTR, Fintrac), AML, fraud detection, sanction screening, and compliance reporting.
Deposit & Account Management Understanding: Familiar with deposit sub-ledger capabilities (account management, multi-currency handling, liquidity management) and account types (Nostro, Vostro, Corporate Customer).
Target Operating Model (TOM) & Payment Data Knowledge: Experience with payment data mapping, canonical models, and creating/documenting TOMs to drive business transformation and address challenges.