Discover Financial Services

Principal Product Owner

Discover Financial Services

Remote
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a visionary leader with a passion for driving innovation and delivering exceptional products? Do you thrive in a fast-paced, dynamic environment where you can make a meaningful impact? If so, we have an exciting opportunity for you to join our team at Discover Financial Services as a Principal Product Owner.As a Principal Product Owner, you will be responsible for leading and executing the product vision and strategy for a highly visible and strategic product within our organization. You will work closely with cross-functional teams to deliver innovative solutions that meet customer needs and drive business growth.We are seeking a highly motivated and experienced individual with a track record of success in product management. The ideal candidate will have strong leadership skills, excellent communication and collaboration abilities, and a deep understanding of the product development lifecycle. If this sounds like you, we would love to hear from you.

  1. Develop and drive the product vision and strategy for a key product within the organization.
  2. Lead cross-functional teams to deliver innovative solutions that align with the product vision and meet customer needs.
  3. Collaborate with stakeholders to prioritize product features and enhancements based on market trends, customer feedback, and business goals.
  4. Continuously monitor and analyze market trends and competition to ensure the product remains competitive and meets customer expectations.
  5. Develop and maintain a product roadmap that outlines key initiatives and milestones for the product.
  6. Work closely with the development team to define and prioritize product features, user stories, and acceptance criteria.
  7. Communicate product updates and progress to stakeholders, including senior leadership.
  8. Conduct user research and gather feedback to inform product decisions and improvements.
  9. Manage the product backlog and prioritize backlog items based on business value and feasibility.
  10. Collaborate with marketing and sales teams to develop go-to-market strategies and ensure successful product launches.
  11. Mentor and guide other product owners within the organization.
  12. Continuously assess and improve the product development process to increase efficiency and effectiveness.
  13. Ensure that the product is delivered on time, within budget, and meets quality standards.
  14. Act as a subject matter expert for the product and provide guidance and support to other teams.
  15. Stay current with industry trends, best practices, and emerging technologies related to the product.
Where is this job?
This job opening is listed as 100% remote
Job Qualifications
  • Strong Leadership Skills: The Principal Product Owner Must Have The Ability To Lead Cross-Functional Teams And Drive Product Strategy And Vision. This Requires Excellent Communication, Collaboration, And Decision-Making Skills.

  • Extensive Product Management Experience: The Ideal Candidate Should Have At Least 8-10 Years Of Experience In Product Management, With A Proven Track Record Of Successfully Launching And Managing Products In A Fast-Paced Environment.

  • Strategic Thinking: The Principal Product Owner Must Have A Strategic Mindset And Be Able To Identify Market Trends And Customer Needs To Develop Innovative Product Solutions That Align With The Company's Overall Goals.

  • Financial Expertise: As A Financial Services Company, Discover Values Candidates With A Strong Understanding Of The Financial Industry, Including Knowledge Of Regulatory Requirements, Compliance, And Risk Management.

  • Agile Methodology Expertise: Discover Follows An Agile Development Process, So The Principal Product Owner Must Have A Deep Understanding Of Agile Principles And Practices. Experience With Agile Tools And Methodologies, Such As Scrum And Kanban, Is Essential.

Required Skills
  • Data Analysis

  • Communication

  • User Experience

  • Agile Methodology

  • Team Leadership

  • Business acumen

  • Stakeholder management

  • Product vision

  • product strategy

  • Prioritization

  • Roadmap Planning

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Principal Product Owner is $130,000-$170,000 per year. However, this can vary depending on the industry, company size, and location. Some experienced Principal Product Owners may earn upwards of $200,000 per year.

In addition to base salary, Principal Product Owners may also receive bonuses and other benefits such as stock options, health insurance, and retirement plans. Their salary may also increase with years of experience

Additional Information
Discover Financial Services is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedFebruary 19th, 2025
Apply BeforeMay 22nd, 2025
This job posting is from a verified source. 

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About Discover Financial Services

Discover Financial Services, Inc. is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. It also owns and operates the Discover and Pulse networks, and owns Diners Club International.

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