Mgr Product Owner - India at CME Group Inc Canada

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

19 Jun, 26

Salary

0.0

Posted On

21 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Backlog Management, User Stories, Iteration Planning, Stakeholder Alignment, UAT, Dependency Coordination, Derivatives Pricing, VaR, ETD/OTC Trades, SQL, Big Query, Python, VBA, JIRA, GCP, Risk Integration

Industry

Financial Services

Description

Mgr Product Owner Role Summary The Product Owner (PO) serves as the primary functional lead for a dedicated development POD, focusing on the execution and delivery . This role is responsible for translating the overarching product vision into actionable user stories that unify trade, position, risk, margin, and collateral data. The PO will also manage the technical delivery of Default Management tools, ensuring the systems responsible for member auctions and risk-neutralization are resilient, accurate, and ready for market stress events. Core Accountabilities & Responsibilities Backlog Management: Own, refine, and prioritize the Team Backlog. Break down high-level features into granular user stories with clear Acceptance Criteria. Iteration Planning: Lead the POD through Sprint Planning, providing the "Definition of Ready" for technical tasks and ensuring the team understands the "Why" behind each reporting requirement. Stakeholder Alignment: Act as the daily bridge between Clearing Risk (the business) and Engineering/Architecture (the builders). UAT & Validation: Define and coordinate User Acceptance Testing (UAT). Act as the final "gatekeeper" to ensure that data visualizations and risk reports meet the rigorous accuracy standards of a CCP. Dependency Coordination: Proactively manage cross-POD dependencies to ensure data flowing from upstream Risk or Trade systems is compatible with the Reporting Framework. Default Management & Risk Integration Crisis Data Visualization: Work with Risk teams to build dashboards that trigger during a default, specifically focusing on Variation Margin (VM) gains/losses and Initial Margin (IM) erosion. Auction Tooling: Oversee the development of the "Default Management Portal" used by non-defaulting members to bid on liquidated portfolios. Fire Drill Support: Ensure the reporting framework can handle the high-velocity data throughput required during mandatory industry-wide default simulations. Technical Skills & Software Requirements Domain Knowledge: Solid understanding of Derivatives Pricing, VaR (Value at Risk), and the lifecycle of ETD/OTC trades. Data Stack: Required proficiency in SQL/Big Query to validate data integrity. Experience with Python or VBA for prototyping reports. Agile Ecosystem: Expert-level use of JIRA for story mapping, sprint tracking, and reporting velocity/burndown. Cloud Infrastructure: Familiarity with operating and querying data within Google Cloud Platform (GCP). Education & Experience Education: Bachelor’s degree in a technical or quantitative discipline (Computer Science, Financial Engineering, etc.); Master’s preferred. Experience: 8+ years in financial services, with at least 2+ years specifically in a Product Owner role. Certification: SAFe PO/PM certification is highly desired. CME Group: Where Futures are Made CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more. At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic. Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here. As the world’s leading derivatives marketplace, CME Group is where the world comes to manage risk. We enable clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes foreign exchange energy agricultural products and metals. We meet uncertainty and volatility with confidence and clarity, across the trading lifecycle and around the world. Hear more about our employee experience Get a look inside CME Group and see what makes us tick A rewarding career is only the beginning Best Place to Work Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Additionally, CME Group does not communicate with job applicants over Telegram. Learn more here. For U.S. employment, CME Group is legally required to validate a new hire’s employment eligibility by having them complete an Employment Eligibility Verification (Form I-9) companied with legally acceptable proof of identity and work authorization (as listed on the Form I-9). CME Group uses E-Verify, which is an online system operated by the U.S. Department of Homeland Security in partnership with the Social Security Administration to verify employment eligibility and validate social security numbers. Through participation in the E-Verify program, information entered on Form I-9 will be provided and compared to information available at both of these agencies. See posters below for more details. E-Verify Notice E-Verify Notice Español U.S. Right to Work Notice U.S. Right to Work Notice Español

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Responsibilities

The Product Owner serves as the primary functional lead for a development POD, responsible for translating the product vision into actionable user stories covering trade, position, risk, margin, and collateral data. This role also manages the technical delivery of Default Management tools, ensuring systems for member auctions and risk-neutralization are resilient.