It Officer, Business Analysis (Product Owner)

IT Officer, Business Analysis (Product Owner)

Job #:req26794Organization:IFCSector:Information TechnologyGrade:GFTerm Duration: 3 years 0 monthsRecruitment Type:International RecruitmentLocation:Washington, DC,United StatesRequired Language(s):EnglishPreferred Language(s):Closing Date:4/19/2024 (MM/DD/YYYY) at 11:59pm UTC

 

 Description

IFC - a member of the World Bank Group - is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

Information technology is an integral part of the strategic initiatives for all the Core Business Functions at IFC. Corporate Information Technologies (CIT) Teams provides comprehensive IT support for IFC's Investment & Advisory Services, Financial Operations, Treasury & the Asset Management Company. A robust engagement model with business ensures prioritization of the business requirements & focus on delivery. The application landscape encompasses a wide variety of In-house and Customized COTS products (such as ACBS, Summit, Investran, etc.) which meets the business needs of IFC departments.
CIT's Operations Unit (CITOP) is seeking a Product Owner to lead the charge in delivering digital products that meet and exceed customer expectations in the areas of Development Impact Measurement and Environmental and Social. Your role will focus on maximizing product value, working closely with cross-functional teams to define product vision, and ensuring alignment with customer needs and business goals.  

The position is for a highly motivated and versatile candidate with strong theoretical background and substantial experience in information technology, banking, or investment operations. As a Product Owner, you will spearhead projects that embody IFC's commitment to effective delivery through your relentless attention to detail and clear communication with non-technical clients.

Duties & Accountabilities: 
As a Product owner your responsibilities may include, but are not limited to, the following:
  Working with the Product manager to articulate detailed product vision and roadmap, ensuring alignment with business objectives and customer needs. 
  Playing a crucial role in driving product development and ensuring alignment with the project/program strategic objectives
  Overseeing the product lifecycle from conception through launch and beyond, ensuring timely delivery of high-quality products. Work closely with engineering and design teams to bring product concepts to life.
  Creating and maintaining the product backlog, which includes prioritizing user stories, refining requirements, and ensuring a clear and actionable backlog for development teams.
  Collaborating with stakeholders, including business users, customers, and subject matter experts, to gather and document detailed requirements for the product.
  Participating in sprint planning meetings to define the scope of work for each sprint, prioritize backlog items, and ensure the team has a clear understanding of the requirements.
  Conducting acceptance testing to validate that the developed product meets the defined requirements and quality standards.
  Acting as the liaison between stakeholders and development teams, ensuring clear communication and collaboration. Lead agile ceremonies and maintain a prioritized product backlog that aligns with strategic goals.
  Deeply understanding and advocating for user needs, incorporating customer feedback and market research into product development to ensure relevance and impact.
  Championing the product's mission, fostering a deep understanding across teams

Selection Criteria

  Master's degree in Computer Science, Information Systems or a related field with at least 6 years of relevant experience OR Bachelor's degree within a minimum 8 years of relevant experience
  Minimum 5 years of experience as a Product Owner or Business Analyst or similar role in agile product development environments.
  Prior experience working with Multilateral Development Banks (MDB's) or Developmental Financial Institutions (DFI's) is a plus
  Strong product visioning and facilitation skills to lead requirements elicitation workshops planning and preparation, presentation, knowledge capture and follow-up.
  Solid understanding of product management principles and practices
  Familiarity with Agile methodologies, particularly Scrum or Kanban
  Certified Business Analyst Professional (CBAP) certification, Certified Scrum Product Owner, or experience leading team is preferred.
  Strong analytical and problem-solving skills, with the ability to make data-driven decisions.
  Experience with customer research, market analysis, and competitive intelligence.
  Client Understanding and Advising: Should be able to advise the client and help them think proactively about how to best meet their current and future needs, taking into consideration the real underlying issues that the client may not be aware of.
  Looks at issues from the client's perspective and advocates for clients within own area as well as urges others to focus on meeting client needs. Works with others across the organization to define client needs and develop the best approach to meet client needs (e.g., finds appropriate solutions and negotiates internally for needed resources and support).

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.