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Product Owner at Federal Reserve Bank (FRB) in Kansas City, Missouri

Posted in General Business 30+ days ago.

Type: Full-Time

Job Description:


Federal Reserve Bank of Kansas City

Organizational Summary:
As a part of the nation’s central bank, the Federal Reserve Bank of Kansas City supports a safe, sound, and stable financial system. We work within diverse communities throughout our region and nation to support the Bank’s mission and foster understanding of our economy, the payments system, and financial institutions for all Americans.

Together, we serve the public and each other in an innovative environment that values the highest ethical standards. Our organizational values of Integrity, Service, Growth and Development, Innovation, and Inclusion anchor us in everything we do. Here you’ll find support to grow your career with a diverse team, united in a clear and common purpose.

As an organization that deeply values its employees, we offer a robust set of financial, professional development, and personal benefits that go beyond the basics, featuring: both a 401k/thrift plan with a generous company-match on employee contributions as well as a defined benefit pension plan; tuition reimbursement program; comprehensive talent development opportunities; market-leading medical insurance with tax-advantaged spending account options; dental and vision insurance; adoption assistance; generous time off and leave options that include vacation, sick time, and parental leave; and a flexible work environment. Depending on location, additional onsite amenities may include an onsite fitness center; onsite cafeteria with healthy and affordable food options; and additional onsite convenience benefits, discounts on a variety of goods and services, and much more.

The Supervision and Risk Management Division of the Bank is ultimately responsible for the safety and soundness of bank holding companies, savings and loan holding companies, and state-chartered member banks in the Tenth District. We have a challenging and rewarding career opportunity as a Product Owner role with Business Solutions Delivery Department. This department is charged with making bank supervision better through business driven products and services.

Job Summary:
For this position you should have experience maximizing business value and prioritizing technology solutions delivered by a technology team. Our Product Owners are organizationally aligned with the business lines supporting Product Management and are members of the technology solution delivery teams. In this role you will drive business outcomes used to carry out the Federal Reserve's mission of Bank Supervision through business-based product management and delivery of technology solutions.

Product Owners are engaged starting with strategic business planning to tactical product delivery, and build strong relationships with stakeholders and customers throughout the Federal Reserve System. You will work with senior leadership, information technology teams, and other internal and external partners. Product Owners utilize their skills to manage stakeholder expectations, articulate business value through requirements, provide active decision making, assess objective priorities, and evaluate assignments.

This is a Kansas City metropolitan area based employment opportunity.

Key Activities:

  • Work with business sponsors/stakeholders and IT staff to implement and manage the product life cycle. Specifically:

  • Ensures product vision is understood and effectively communicated to the technology delivery teams.

  • Advocates for business needs by applying a deep understanding of business processes, goals, and problems.

  • Ensures that business requirements and technical documentation are aligned with the business inputs by writing and/or approving business rules, user stories, integration dependencies, etc.

  • Responsible for ownership and prioritization of the technology solution delivery teams’ backlog(s) and stories.

  • Accountable for attesting that the delivered outputs align with business requirements.

  • Plays a significant role in quality control as the only team member empowered to accept stories as done.


  • Relevant bachelor’s degree from an accredited college or university, or equivalent combination of directly related education and/or experience.

  • Requires three or more years of experience in a combination of technology product management, or software development, and business line industry knowledge.

  • Knowledge of applicable software development life cycle methodologies (e.g. Agile SCRUM).

  • Incumbent must be fully vaccinated against COVID-19, unless the Bank grants an accommodation based on a medical condition or sincerely held religious belief.

Preferred Qualifications:

  • CSPO certification is preferred.

Full Time / Part Time

Full time

Regular / Temporary


Job Exempt (Yes / No)


Job Category


Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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