Product Owner

Location: Bengaluru

Time Type: Full time

Job Description

Who are we?

At Finastra, we’re a global leader in financial services software, dedicated to expanding access to financial services and shaping what’s next for the industry. Our technology powers mission‑critical solutions across Lending, Payments and Universal Banking, supporting over 7,000 customers, including 80% of the world’s top 50 banks, in more than 110 countries.

Disclaimer:

Finastra has signed an agreement to sell its Universal Banking business to Pollen Street Capital, with completion expected end 2026 / early 2027, subject to consultation and customary closing conditions. Upon completion, this role is expected to transition to the standalone Universal Banking business, creating opportunities to support its future growth and success.

Disclaimer-

Finastra has signed an agreement to sell its Universal Banking business to Pollen Street Capital, with completion expected end 2026 / early 2027, subject to consultation and customary closing conditions. Upon completion, this role is expected to transition to the standalone Universal Banking business, creating opportunities to support its future growth and success.

Role Summary

As a Product Owner  for Core Banking applications, you are an independent contributor responsible for backlog ownership and sprint-level delivery execution. You work closely with Product Managers, development teams, and stakeholders to ensure that product features are delivered efficiently and aligned to business priorities.

At this level, the focus is on:

• Execution ownership (backlog + sprint delivery)
• Requirement clarity and feature delivery
• Stakeholder collaboration (not leadership)

Key Responsibilities

1. Product Backlog Ownership (Core BP2 Expectation)

• Own and manage the product backlog for assigned modules/features
• Prioritize backlog items based on business value and guidance from Product Management
• Ensure backlog items are refined, estimated, and sprint-ready .
• Maintain backlog transparency with stakeholders

2. Requirement Analysis & Story Definition

• Analyse requirements and translate them into:
  • User stories
  • Acceptance criteria
  • Functional specifications
• Gather and document functional, system, and data requirements
• Decompose high-level requirements into detailed, actionable backlog items

3. Agile Execution Responsibility

• Actively participate in Agile ceremonies:
  • Sprint Planning
  • Daily Stand-ups
  • Sprint Reviews
  • Retrospectives
• Provide ongoing clarification to development teams
• Ensure sprint deliverables meet Definition of Ready (DoR) and Definition of Done (DoD)

4. Stakeholder Collaboration

• Act as a key interface between development teams and stakeholders
• Work with:
  • Product Managers (for prioritization guidance)
  • Implementation consultants
  • Customer-facing teams
• Support demos and feedback sessions with stakeholders

5. Quality & Release Support

• Validate delivered features against acceptance criteria
• Support:
  • Testing/QA activities
  • Defect triaging
  • Release readiness
• Ensure delivered features align with expected business outcomes

We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we stand for:

Flexibility: Enjoy unlimited vacation, subject to local regulations and business priorities. Benefit from hybrid working arrangements and inclusive policies such as paid time off for voting, bereavement, and sick leave.

Well‑being: Access confidential one‑to‑one support through our Employee Assistance Program, connect with our network of Wellbeing Champions and Gather Groups, and take part in monthly events and initiatives designed to help you thrive—inside and outside of work.

Health & Financial Security: Medical, life and disability insurance, retirement plans, lifestyle, and other benefits.*

Sustainability: Paid time off for volunteering and donation‑matching opportunities to support causes that matter to you.

Inclusion: Get involved in our inclusion communities, such as Count Me In, Culture@Finastra, Proud@Finastra, Disabilities@Finastra, and Women@Finastra—open to everyone who wants to participate and contribute.

Career Development: Access online learning and accredited courses through our Skills & Career Navigator tool.

Recognition: Take part in our global recognition program, Finastra Celebrates, and share your voice through regular employee surveys that help shape our culture and ways of working.

*Specific benefits may vary by location.

At Finastra, each individual is unique—bringing their own ideas, perspectives, cultural backgrounds, and experiences. We learn from one another, value what makes us different, and create an environment where everyone feels included, supported, and able to be their authentic selves.

Be unique. Be exceptional. Help us make a difference at Finastra.