Webster Bank · 9 hours ago
MD Product Owner Banking System (Online Commercial)
Stamford, CT
Full-time
Onsite
Director/Executive
$170K/yr - $196K/yr
10+ years expWebster Bank is a leading commercial bank focused on putting people first and helping them achieve their financial goals. The MD Product Owner for the Banking System will lead the development and enhancement of commercial online applications, manage vendor relationships, and ensure compliance with IT governance while providing strategic direction for product lifecycle management.
Banking
Hiring Manager
Francisco Ortiz
Responsibilities
Lead a commercial online application for the bank and participate in all aspects of the application – enhancements, migration, upgrades, new product configurations, new product implementations etc
Manages vendor relationships to ensure compliance with agreed upon SLA Also, understand the vendor roadmap, and accordingly plan the initiatives with-in bank including budget, app support, controls, access management, etc. Leads design, build and test planning phases for medium to large scope enhancements and projects
Works with Manager for resource and systems capacity planning and estimation efforts for the applications development team to which assigned. Participates in budgeting exercise for the department
Lead both Run and Change side of the commercial online application
Use comparative analysis techniques to evaluate and recommend overall IT solutions for client/organization. Provide consulting services to internal business groups and peers on process improvement projects designed to improve business and IT results
Leads team in the requirements analysis activities for the projects to which they are assigned
Customer Centricity and understanding customer needs -- As the internal representative (Voice) of the customer, continually leverage market research and trends to be able to provide best customer value
Coordinates production releases with internal and external partners. Manages associated risks effectively by producing appropriate risk mitigation plans
Provides consistent, accurate and timely updates to team members and management as to the status and issues surrounding projects and tasks
Interacts with IT and PMO Senior Management on application level as well enterprise wide project planning and execution. Creates and tracks project plans as necessary
Responsible for satisfactory internal and external audits of systems by ensuring compliance with Bank's policies such as IT Governance, Info Security and more
Reviews and generates all the necessary documentation
May utilize requirement management tools
Represents the application team in Change Control meetings
Analyzes impacts and shares information between the team and Change Control Board meetings as necessary
Qualification
Required
Knowledge and understanding of information reporting and digital access channels (e.g. web, mobile, file delivery, SWIFT and API) is required
Excellent and proven interpersonal skills to include: verbal, written and technical communication skills
Skilled problem solver that is very detail oriented
Working knowledge of cash and treasury management services is a must for this role
Strong knowledge of programming and software development practice
Bachelor's Degree or equivalent experience in a directly related field
10+ years of experience in Product and IT Application management space, with the sound knowledge of information reporting and digital/online channel for commercial clients
10-11 years of complex software development experience, 5 of which were in a supervisory capacity required
5-7 years experience managing teams supporting their assigned business domain required
Preferred
Ability to lead the product enhancements, data migrations, new product implementations in agile way will be a plus
Benefits
Incentive compensation
Company
Webster Bank
Webster is a commercial bank that provides financial services to corporations, individuals, families, and partners.
1001-5000 employees
H1B Sponsorship
Webster Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (4)
2023 (5)
2022 (3)
2020 (1)
Funding
Current Stage
Public CompanyTotal Funding
$653MKey Investors
Greystone
2025-09-11Post Ipo Debt· $350M
2024-12-02Post Ipo Debt· $303M
2002-10-17IPO
Leadership Team
Neal Holland
Chief Financial Officer
D
Daniel Gioia
Sr. Managing Director
Recent News
Hartford Business Journal
2025-11-06
How to prevent transformation outcomes from quietly collapsing | CIO
2025-11-03
2025-11-01
Company data provided by crunchbase