Product Owner
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Overview
Job Description
It is inspiring to work in an organization where individuals are deeply committed to the mission and values that drive our success.We are dedicated to delivering expert pension service to Illinois public educators as they earn their promised retirement security.
Job Summary:Under the direction of the IT Manager of Product, the Product Owner is the voice of the business and proactively represents internal stakeholders by delivering the highest possible value to the business. Through the creation, prioritization, management and execution of the product backlog, the Product Owner collaborates cross-functionally and focuses the development team(s) on a clear vision of the product, its goals and delivery. The product owner has deep customer knowledge, an excellent ability to transform strategic intent into fully elaborated requirements in the form of user stories, feature specifications and acceptance criteria. This position ensures all stakeholders and team members are well educated about both the current state of available functionality, and its value to the organization, as well as the short- and longer-term product goals. The Product Owner drives and articulates product value delivery via agile ceremonies including sprint planning, backlog refinement, daily stand-ups, demo and retrospectives seeking improvement through every iteration/sprint. As a functional leader, the Product Owner may serve on multiple committees related to IT audit and compliance and may be a voting member of the Change Advisory Board (CAB). The incumbent will provide mentorship to team members on triaging and responding to first level production support issues and serves as the escalation point for advanced level production support and is a member of the IT Incident Response team.This position may be involved in new software project initiatives that include planning, requirements, configuration, integrations, implementation and production support. The incumbent must have working knowledge of Agile Principles and preferably Scrum Methodology. The Product Owner is expected to have skilled interaction with the Agile development teams and business stakeholders and should display the following characteristics:Essential Functions:
- Proactively supports stakeholders throughout the organization by providing solutions to their system application needs.
- Educating team members, stakeholders and leaders on core product foundations/infrastructure, software development lifecycle (SDLC) practices, feature functionality, business processes, short- and long-term product goals
Knowledge, Skill, Ability
- Excellent verbal, written and ‘attention to detail’ skills.
- Ability to resolve conflict for the team and within the team; influencing internal stakeholders
- Strong organizational, interpersonal and time management skills.
- Exposure to technical concepts, product owner techniques, tools & principles
Minimum Requirements:
- Bachelor’s degree in business, Information Systems, Computer Science, or related field; or equivalent combination of education and relevant experience.
- 2+ years of experience as a Product Owner, or 3+ years as a Business Analyst, or similar role within an Agile environment.
- Solid understanding of Agile frameworks (Scrum, Kanban) and Product Management principles.
- Proven ability to translate business needs into clear, actionable user stories, acceptance criteria, and product backlog items.
- Experience working with cross-functional teams, including developers, QA, and stakeholders.
- Strong prioritization, organization, and decision-making skills.
- Excellent communication, facilitation, and interpersonal skills.
- Proficiency with Agile project management tools (e.g., Jira, Azure DevOps, etc).
Preferred Qualifications
- Relevant Agile/Product Owner certifications such as Certified Scrum Product Owner (CSPO), Advanced Certified Scrum Product Owner (A-CSPO), or Professional Scrum Product Owner (PSPO)
- Background in user experience (UX) design principles or customer journey mapping.
- Experience in data-driven decision-making and product analytics.
- Familiarity with API-driven product development or technical integrations.
If you thrive in a dynamic environment and enjoy collaborating with driven, enthusiastic professionals, you will find a rewarding career with us.
For Illinois job seekers:
Pay Range
$88,672.00 - $138,328.00Compensation will be determined based on the qualifications and experience of each candidate.BenefitsTRS is an agency of the State of Illinois. As such, full and part-time employees are eligible for the State of Illinois comprehensive benefits program which includes medical, dental and vision coverage. All employees participate in the TRS retirement pension plan and have the option to contribute to additional State of Illinois deferred compensation plans. The TRS pension plan is a reciprocal system to other state and local pension plans (SERS, SURS, IMRF, etc.)
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FAQs About Product Owner Jobs at Teachers Retirement System of Illinois
- Full-time
- Part-time