Job Overview:

Our client is looking for a highly skilled Technical Product Owner to join their product management team, specifically focused on Consumer Lending Attribute and Calculation Management. In this role, you will drive the development and execution of product features related to the management of consumer lending attributes (such as exposure, etc.) and complex lending calculations. You will work closely with cross-functional teams (engineering, design, risk, compliance, and business stakeholders) to ensure the seamless integration and calculation of loan attributes and rules across legacy and modern infrastructure, as it is centralized in a singular location. Your role is crucial in ensuring that the product meets business requirements while adhering to regulatory and compliance standards in the financial services industry.

Key Responsibilities:

• Product Vision and Strategy:
  • Collaborate with stakeholders to meet the strategic objectives of the product.
  • Develop a deep understanding of consumer lending processes, including loan origination, interest calculation, fee management, and regulatory compliance.
  • Define and prioritize product goals that align with business objectives, focusing on accuracy, scalability, and efficiency of lending calculations.
• Backlog Management:
  • Manage the product backlog, including loan attribute configuration (e.g., rates, fees, terms) and calculation logic (e.g., APR, interest rates, payment schedules).
  • Write detailed user stories with acceptance criteria, ensuring alignment between business needs and technical execution.
  • Prioritize features, bug fixes, and enhancements related to the accuracy and performance of lending attribute calculations.
• Cross-functional Collaboration:
  • Work closely with business stakeholders (e.g., risk, compliance, operations) to gather requirements related to loan product attributes and calculation rules.
  • Collaborate with engineering teams to design and implement scalable solutions for managing complex lending calculations and rules.
  • Facilitate discussions around product requirements, trade-offs, and technical limitations, ensuring alignment between business and technical teams.
• Sprint Planning and Execution:
  • Participate in sprint planning, backlog grooming, and sprint reviews to ensure the timely delivery of features and enhancements related to lending attributes and calculations.
  • Work closely with the development team to ensure proper technical implementation, focusing on correctness, performance, and compliance with industry standards.
  • Provide clarification on loan calculation rules, attribute handling, and configuration during sprint execution.
• Stakeholder Communication:
  • Communicate product progress, issues, and risks to both technical and non-technical stakeholders, ensuring transparency and alignment on timelines and deliverables.
  • Engage with business stakeholders to gather ongoing feedback and incorporate changes into the product roadmap.
  • Collaborate with compliance and regulatory teams to ensure that lending calculations meet industry regulations and standards.
• Quality Assurance:
  • Ensure that product features related to loan attribute management and calculations are thoroughly tested and meet business requirements and technical specifications.
  • Work with QA teams to define testing criteria for lending calculation accuracy, ensuring that all loan products are correctly calculated and compliant.
• Market and Technical Research:
  • Stay informed about changes in lending regulations, market trends, and emerging technologies that could affect the consumer lending industry.
  • Research new tools, platforms, and technologies that can improve the accuracy, efficiency, and scalability of lending calculations.

Qualifications:

• Education & Experience:
  • Bachelor’s degree in Computer Science, Finance, Business, or a related field (preferred).
  • 3-5 years of experience as a Technical Product Owner or Product Manager with a focus on consumer lending, financial services, or lending systems.
  • Strong understanding of consumer lending products and the associated attributes (e.g., loan terms, interest rates, fees, APR) and calculations (e.g., amortization schedules, interest accrual).
• Skills & Abilities:
  • Strong technical understanding of lending systems, financial calculations, and software architecture.
  • Proven ability to define, manage, and prioritize a product backlog related to complex loan attributes and calculation logic.
  • Knowledge of lending regulations, such as APR requirements, interest rate calculations, and consumer protection laws.
  • Experience working in Agile environments, with tools such as Jira, Trello, or Confluence.
  • Excellent communication skills, with the ability to interact with both technical and non-technical teams.
  • Ability to break down complex financial and technical requirements into actionable product features.
  • Analytical mindset with strong problem-solving skills and attention to detail, especially in ensuring accurate lending calculations.
• Desired Experience:
  • Familiarity with loan origination systems (LOS) and loan servicing platforms.
  • Knowledge of mortgage, auto, personal, and small business lending products.
  • Experience with cloud platforms (e.g., AWS, Azure) and scalable architectures for financial applications.

Preferred Experience:

• Experience with complex financial rule engines and calculation frameworks for consumer lending.
• Familiarity with API integrations for financial data and calculation systems.
• Understanding of advanced topics such as credit risk, underwriting algorithms, and loan performance analysis.

Why Join Us?

• Competitive pay.
• A dynamic, fast-paced, and collaborative work environment.
• Opportunities to work on cutting-edge technologies in the financial services sector.
• Be a part of a team driving innovation in consumer lending.