Product Owner

BCforward is currently seeking a highly motivated Application Architect (Product Owner) for an opportunity in Jersey City, NJ.

Position Title: Application Architect (Product Owner)

Location: Jersey City, NJ

Anticipated Start Date: ASAP

Please note this is the target date and is subject to change. BCforward will send official notice ahead of a confirmed start date.

Expected Duration: 12 Months.

Job Type: CONTRACT, (Hybrid)

Shift: Monday- Friday (5x8)

Pay Range: $65- $70/hr.

Please note that actual compensation may vary within this range due to factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Job Description:

Position Summary

• This role with the Market Risk Technology team, based in New York City/Jersey City, offers an exciting opportunity for the selected candidate to work closely with the senior business stakeholders in the Global Portfolio Analysis, Global Risk Analytics and Global Market Risk teams.
• The role involves building subject matter knowledge on Market Risk exposure management for the Global Markets business across all asset classes and delivery responsibility on significant funded initiatives that are driving the build out of next generation Market Risk technology stack. The selected candidate will bring analytical skills, ability to work in global teams, with business stakeholders as well as technical experts in order to deliver the projects and grow their career within Market Risk technology that is now a key focus area for investment from the BAC senior management team.
• Since the regulatory landscape continues to evolve, there is a need for Market Risk to work hand-in-hand with Front Office and this role offers the selected candidate a real potential to utilize their skills as well as learn how risk management spans across Front Office Trading desks all the way to Market Risk exposure management and eventually reported to the regulators.

Job Responsibilities:

• Ownership of work streams with business and technology stakeholders to discuss business problems
• Partner with Global Markets Financial Risk (GMFR), Global Risk Analytics (GRA) and Model Risk Management (MRM) for business requirements
• Propose technology solutions to business problems and facilitate agreement with all stakeholders
• Cost estimation of technology solution and participate in budget approval process
• Develop prototypes (using python, SQL, excel/VBA) to demonstrate solutions to stakeholders
• Consult with management to guide and influence long term and strategic decision making within the broadest scope
• Data analysis using distributed computing and Big Data platforms such as Apache Hadoop
• Collaborate with team members to collect and analyze large data sets
• Develop data analyses, data collection systems and other strategies that optimize statistical efficiency and quality
• Use graphs, infographics and other methods to visualize data
• Identify, analyze, and interpret trends or patterns in complex data sets
• Interpret data and analyze results using statistical techniques
• Using Agile SDLC methodology, work with Product Owner/Product Manager for documentation/development of Epics and Stories
• Ownership of functional design of market risk applications
• Facilitate agreement on technical design with technology stakeholders
• Coordinate UAT activities, releases and migration events - track defects and progress on resolution
• Demonstration of new functionalities to business and technology stakeholders
• Adhere to risk mitigation plan defined by corporate audit
• Escalation of issues to senior partners in a timely manner
• Follow Enterprise Change Management (ECM) process
• Drive process improvement and policy development initiatives that impact market risk technology?

Primary Skill

MySQL

Required Skills

• Strong Market Risk, Risk, or Front Office experience
• Strong financial markets product knowledge
• Solid understanding of regulatory landscape
• Strong problem solving skills and experience of analyzing and validating large volumes of numerical data.
• Good organizational skills with efficient follow up on open items
• Exposure to Agile methodologies.
• Experience of all aspects of project life cycle
• Excellent technical skills; SQL, Excel, VBA and Python
• Computer Engineering/Financial Degree
• Strong analytical and quantitative skills?

Desired Skills

• Strong Market Risk, Risk, or Front Office experience
• Strong financial markets product knowledge
• Solid understanding of regulatory landscape
• Strong problem solving skills and experience of analyzing and validating large volumes of numerical data.
• Good organizational skills with efficient follow up on open items
• Exposure to Agile methodologies.
• Experience of all aspects of project life cycle
• Excellent technical skills; SQL, Excel, VBA and Python

• Computer Engineering/Financial Degree
• Strong analytical and quantitative skills?

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward's 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Interested candidates please send resume in Word format Please reference job code 228486 when responding to this ad.