Senior Product Owner Financial Assessment & Monitoring

Senior Product Owner Financial Assessment & Monitoring

Just imagine taking a leading role in the development and continuous improvement of the Credit Risk Cycle, with a focus on how we can optimize financial assessment and monitoring. Reducing “time to yes” in the credit process while maintaining high standards for quality and compliance.

You and your job

As Senior Product Owner Financial Assessment & Monitoring, you will be part of a squad that delivers products and drives innovation related to the execution of the credit assessment, including financial spreading and Cash Flow Analysis. You are responsible for delivering an end-to-end business capability to support and continuously improve the Credit Journey of all our national and international business units.

One of the key strategic topics for the future is introducing automatic reading of financial data and the execution of a “fast financial forecast”. An automated (data-driven) module that will provide a forecast of a client’s (future) credit metrics, driven by client-specific past financial performance and the future economic outlook.

To realise these strategic objectives, you interact closely with your internal and external stakeholders and develop and maintain a vision for your product/service. You ensure that changes related to policies, processes, data, systems, functional support, training, and monitoring & reporting are prioritized to be executed by your multi-functional squad. In case you have an idea to innovate and improve, you can take the lead in bringing these ideas forward.

Currently, there are three squads related to Financial Assessment and Monitoring that are part of the Area Credit Risk Assessment and Mitigation (CRAM) within Tribe Credit Core. Together with another Product Owner, you will divide the responsibility of the backlog for the squads. Your focus is on developing a strategy for the future product suite that will support Credit Assessment, focused on the core value indicators of Rabobank: reduced time to yes, less manual work in the credit assessment process while increasing the overall quality of the assessment.

You will be working with the squad members and aligning with stakeholders across the whole Rabobank Group, prioritize the activities of the squad, and find common ground for innovation and new value.

Tribe Credit Core

CreditCore is responsible for all centrally managed credit risk business capabilities, meeting business unit’s expectations, so that they can optimally perform their end-to-end credit process for the client. We continuously improve the end-to-end credit journey and ensure regulatory compliance by design. Credit Core Tribe is an integral part of the Enterprise Risk department within the CRO-domain.

As Product Owner, you will be part of the Area Credit Risk Assessment and Mitigation. Our Tribe consists of three Areas representing more than 25 squads bringing talented people together with many competencies, experiences, and nationalities. The business capabilities we offer are used by all Rabobank business units in the Netherlands and Internationally. We are proud that we work closely with so many colleagues and contribute to One Rabobank.

With you as a Product Owner, our Product Owner Guild consists of 19 colleagues. We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So we are very curious about what you can bring to our team at CRAM and CreditCore Tribe.

Around 60 people in Area CRAM work on Financial Assessment, Climate and Risk Assessment, Credit Risk Mitigation, Loss Data components, and Special Asset Management Support and Provisioning. In our area, we consult and support each other, as well as challenge ourselves and our stakeholders. Diverging opinions are encouraged, and multiple scenarios can be considered. With you as Product Owner Financial Assessment and Monitoring, we make this possible together.

Working together is the way we work; as one complex problem-solving team full of drive at Rabobank.

On Rabobank

We are a Dutch bank that operates in 38 countries for over 9,500,000 customers. Together with these customers, our members, and partners, we stand side by side to create a world in which everyone has access to enough healthy food. In the Netherlands, we work to create a country in which people are happy with how they live, work, and do business.

Responsibilities

• Take strategic responsibility for expanding the product suite, whether self-built or vendor-based, to enhance the process.
• Shape the squad’s priorities and backlog from day one.
• Collaborate with the Scrum Master and Area Leadership to build the squad’s staffing.
• Develop and maintain a vision and storyline for the Financial Assessment & Monitoring squads.
• Ensure the voice of the customer and regulator are heard.
• Identify and prioritize changes related to policies, processes, data, systems, functional support, training, and monitoring & reporting.
• Challenge the squad to think beyond today.
• Contribute to the Area vision and strategy.
• Deliver end-to-end business capabilities to support and continuously improve the Credit Journey for all business units.
• Drive success by achieving domain and squad KPIs, focusing on quality and business value.
• Maintain and prioritize the Squad backlog using input from stakeholders.
• Accept user stories, ensuring they meet acceptance criteria and the Definition of Done.
• Focus on fact-driven decision making and necessary data.
• Participate in planning sessions, demos, and retrospectives.
• Manage different interests and get people involved.
• Support the professionalization of the Product Owner role through the PO guild and coaching colleagues.

You and your talent

• Academic background/level (IT, business administration or similar);
• Risk management professional (5+ years), with relevant risk management and business experience within a large complex banking organization anchored in change management.
• Product Owner experience in a complex environment (preferably Financial Institute)
• Strong written and oral communication skills; fluent in Dutch and English language.
• Being able to act in politically sensitive environments, with different stakeholders at different levels
• Experience or affinity with financial assessment and monitoring
• Knowledge of (inter)national risk and regulatory development;
• Knowledge & Expertise in (Corporate) Lending and Credit Risk;
• Experienced and knowledgeable with concept of Agile (for example Spotify) and/or Rabobank S@S way of working. Preferably PSPO I & II certified;
• Being able to switch between all stakeholders and facets, from customer, management and team to product, market, organization, and own vision;
• Experience with coaching a team or squad.
• Relevant product and market knowledge.
• Keep track of the latest customer and market developments, digitalization, artificial intelligence, robotics.

Together we achieve more than alone

We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So we are very curious about what you can bring to our team at Credit Core.

‘With motivated and skillful squads, I enjoy maximizing business value for a new product with a global reach. We focus on bringing product, client, and credit hierarchy information together to help clients better manage their risks and realize their goals. I am fortunate to work in a dynamic, demanding, yet very supportive environment with ample opportunity to work and grow in line with my ambitions. By making a difference every day, we are changing the bank.’ Senior Product Owner CreditCore