Product Owner

Role

Defines and communicates the minimum viable product (MVP) for a given application / product and the supporting release plans.
Prioritizes the sprint backlog (as part of the sprint planning ceremony) based on the sequencing and ranking of features defined in the product roadmap.
Defines and prioritizes product requirements based on market insights, customer feedback, and business objectives.
Collaborates on a detailed product roadmap, outlining the strategic direction for retail payment solutions in partnership with the Treasury Payments team and the Payments Committee.
Collaborates with engineering and design teams to translate product requirements into functional specifications, ensuring timely delivery of high-quality solutions.
Works closely with stakeholders to gather feedback, validate product concepts, and iterate on designs to achieve optimal user experience and product usability.
Monitors and analyzes product performance, conducts user testing, and gathers data-driven insights to drive continuous improvement and optimize product features.
Stays up to date with industry trends and emerging technologies related to retail payments, keeping the company at the forefront of innovation.
Collaborates with Product Managers and Systems Architects to define new and or enhanced product requirements and functionality.
Consults with the Payments Committee, the Treasury Payments team, and other stakeholders for guidance and clarity on the product vision, roadmap, and requirements.
Collaborates with team members to ensure the work managed by teams achieves the highest value relative to the needs and priority of the business.
Collaborates with team members to define the sprint plan based on the priority outlined within the overall product vision and roadmap.
Renames and prioritizes product requirements based on the input obtained through sprint showcases and demos.
Creates and author user stories with detailed acceptance criteria written in the customers’ voice.
Conducts the formal review and acceptance of user stories implemented by a team within a sprint.
Drives the execution of user acceptance testing (UAT) activities with support from business and technology team members.
Synchronizes and improves product health.
Provides payments expertise to support the growth and changing needs of the business.
Prioritizes resolution of issues and defects.
Communicates with team members, stakeholders, and all levels of management.

Requirements

• 3+ years’ current experience in the retail payments industry, with a track record of successfully launching and managing payment products.
• Deep understanding of retail payment technologies, including mobile payments, contactless payments, digital, point-of-sale (POS) systems, and emerging payment trends.
• Strong analytical skills with the ability to gather and interpret data, identify market opportunities, and make informed product decisions.
• Excellent project management skills, with a focus on delivering products within set timelines and budgets.
• Strong communication and collaboration skills, with the ability to effectively work with cross-functional teams and stakeholders.
• Creative problem-solving mindset, coupled with a customer-centric approach to product development.
• Familiarity with agile development methodologies and experience working in fast-paced, dynamic environments.

Qualifications

• 5+ years’ experience with creating documentation for communication with varied audiences.
• Deep understanding of business requirements elicitation pursuant to specific programs/projects involved.
• Expertise in utilizing standard documentation and backlog management tools/utilities.

Skills

• Bachelor's degree in Business, Computer Science, or a related field; MBA preferred.
• California applicants, please click here to review the Costco Applicant Privacy Notice.

Benefits

• Pay Ranges: Level 1 - $90,000 - $115,000
  Level 2 - $105,000 - $135,000
  Level 3 - $130,000 - $160,000
  Level 4 - $140,000 - $200,000
• We offer a comprehensive package of benefits including paid time off, health benefits - medical/dental/vision/hearing aid/pharmacy/behavioral health/employee assistance, health care reimbursement account, dependent care assistance plan, short-term disability and long-term disability insurance, AD&D insurance, life insurance, 401(k), stock purchase plan to eligible employees.
• Costco is committed to a diverse and inclusive workplace. Costco is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.

Application

If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to IT-Recruiting@costco.com

Equal Opportunity Employer

If you are hired, you will be required to provide proof of authorization to work in the United States. Applicants and employees for this position will not be sponsored for work authorization, including, but not limited to H1-B visas.