Product Owner

As a Director, Product Owner within the New Products & Activities team at National Bank of Canada, you will play a pivotal role in shaping and delivering strategic initiatives that drive the evolution of our Capital Markets business. Working in close partnership with business and technology stakeholders, you will lead complex, enterprise-wide initiatives from concept to implementation, ensuring the successful delivery of business value and outcomes.

Focus: Lead the modernization of DTCC capabilities and support the transition to a 24x7 operating model for U.S. equities, driving readiness across business lines, legal entities, operational teams, and cross-functional partners. This highly visible initiative sits at the intersection of strategy, operations, technology, and regulatory change, offering the opportunity to influence the future of Capital Markets infrastructure and processes.

Your Job

• Communicate the business vision for the solution and own the achievement of expected business outcomes, value realization, and stakeholder adoption.
• Own business scope, priorities, and roadmap decisions, including the approval of scope changes based on value, strategic objectives, and business outcomes.
• Ensure business requirements are complete and signed off with stakeholders, clearly articulating the business need, objectives, and target users.
• Identify the Minimum Viable Product (MVP) and define deliverables, breaking down scope into value-based increments and establishing business sequencing considerations.
• Maintain backlog health and oversee delivery governance, including the management of technical and architectural debt, validation of Definition of Ready and Definition of Done criteria, and confirmation that increments meet business needs.
• Ensure delivery decisions support business objectives, value realization, operational readiness, solution sustainability, and reusability, while validating that processes and time-to-market (T2M) standards are applied.
• Own business risks related to scope, value realization, stakeholder readiness, operational readiness, and solution adoption, providing business decisions, priority updates, value realization reporting, and risk assessments to governance forums.
• Own stakeholder engagement, requirements alignment, prioritization decisions, and change management, presenting increment priorities and changes clearly, mobilizing teams toward business outcomes, and ensuring Day 2 operational readiness.

Your Team

This position reports to the Managing Director in the New Products and Activities team within the Capital Markets sector. Our team consists of around 45 highly experienced, talented, and dedicated individuals and stands out for its strong collaboration, agility, and deep understanding of capital markets activities and operating models.

You will work closely with specialized experts (trading, risk solutions, operations), with strong visibility and fast learning on strategic, regulatory, and optimization initiatives.

Requirements

• Bachelor’s/Master’s degree and 10+ years of relevant Capital Markets experience.
• Experience with DTCC, CDS, strong expertise with settlement processes and related dealer processes (execution, allocations, segregation, security lending, records and all downstream)
• Previous experience on large initiative, process optimization and senior executive management.
• Influential leadership, autonomy, and sound judgment; strong collaboration skills.
• Analytical mindset and strong organization; comfortable with ambiguity and under pressure.
• Excellent communication and stakeholder management skills.
• Willingness to travel as needed.