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Product Owner - Business Optimization

Are you looking for an awesome opportunity to drive maximum business and customer impact through sales and customer experiences? You’ve come to the right place! We’re looking for a Product Owner – Business Optimization who will join our team to contribute to the vision, planning, and execution of sales experiences for the Tax Professionals customer segment in Thomson Reuters. In addition to driving and delivering business results, we serve as a leading partner in driving artificial intelligence (AI) transformation across Thomson Reuters.This role will be primarily responsible for delivering work related to, and in support of, our sales capabilities, with focus on artificial intelligence and analytics. The Product Owner will be part of a collaborative team, which collectively prioritizes and delivers work across the sales/customer journey, including Find/Learn, Try/Buy, Onboard/Use, Renew/Grow.About the roleIn this opportunity as Product Owner – Business Optimization, you will be:• Leading the definition of the product vision for each initiative and for your assigned touchpoints of the experience, with strategic direction from the Business Optimization Lead and the Business Integration Leadership team, and input from various stakeholders and appropriate context from other digital workstreams.• Ensuring the squad delivers the highest business and customer value for each sprint; driving release planning and sprint planning (by writing and prioritizing user stories), signing off on user stories, leading demos, and prioritizing customer and stakeholder feedback. Leading dedicated squads and/or delivery team partners to prioritize maximum impact work is a key part of this role.• Delivering working capabilities on time with features required to support the business’s goals for the sales experience, with an appropriate balance between ideal state and an MVP experience.• Ensuring successful launch, adoption, and continuous improvement of capabilities within each journey stage by collaborating closely with various Operate teams to support operationalization, capture learnings, and iterate the experience.Responsibilities & Deliverables:• Leads co-creation of the product vision with stakeholders and with the context of other digital workstreams• Quickly develops and assimilates new teams to start sprinting• Facilitate business requirement gathering and definition through various methods, including market research, internal and customer interviews, workshops, and business grooming and tollgate review sessions.• Analyze and interpret business requirements and perform current, target, gap and impact analyses.• Translate business requirements into detailed user stories that are understood by all stakeholders, both business and technical, and manage changes to specifications and process flows.• Ensures user research is conducted as appropriate for each project and within sprints to inform the digital journey• Collaborates with other POs, Commercial Excellence, Product Marketing, and Product Teams to ensure product “moves with the market”• Defines product success criteria that deliver business value• Drives release planning and sprint planning, with user stories prioritized at least 1-2 sprints ahead• Owns (and elevates) key product decisions, and sign-off of user stories and release of software to customers• Manages stakeholder relationships effectively to ensure alignment and advocacy from our partners• Monitors team performance metrics to ensure that user stories with highest business and user value are prioritizedAbout youWe’re looking for an ambitious Business Analyst looking for the next step in their career journey or an experienced Product Owner, Product Manager, or Digital Marketer. The ideal candidate has both a passion for creating outstanding sales and customer experiences and some expertise in driving product development efforts in Agile teams. You're fit for the role of Product Owner – Business Optimization if you have:• 3+ years of experience creating and delivering experiences for sales, from ideation to launch, with primary ownership or a key role in driving the product backlog, delivery, and monitoring• Experience collaborating cross-functionally, and with stakeholders and team members at all levels, to co-create a product with a superb customer experience and maximum business impact• Demonstrated domain expertise and/or technical acumen, with solid knowledge of digital sales and marketing trends, system integrations, API, and new solutions• Creates excitement among squad members by setting the bar high, and then inspiring action, communicating values, and serving as a mentor/coach to squad members• Comfortable driving experiments that value both success and failure as key learning opportunities, and leveraging data to make improvements accordingly• Entrepreneurial approach: willing to ’roll up sleeves,’ be innovative, take risks; is passionate, a self-starter, persistent despite obstacles; comfortable with ambiguity and evolving requirements• Ability to balance the ideal operational state with doing what it takes to deliver on goals• Bachelor's degree required#LI-JK3What's in it For You?You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:• Hybrid Work Model: We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected• Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: flexible vacation, two company-wide Mental Health Days Off; work from another location for up to a total of 8 weeks in a year, 4 of those weeks can be out of the country and the remaining in the country, Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing.• Culture: Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more.• Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters café networking.• Social Impact: Ten employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social and Governance (ESG) initiatives for local and global impact.• Purpose Driven Work: We have a superpower that we’ve never talked about with as much pride as we should – we are one of the only companies on the planet that helps its customers pursue justice, truth and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.In the United States, Thomson Reuters offers a comprehensive benefits package to our employees. Our benefit package includes market competitive health, dental, vision, disability, and life insurance programs, as well as a competitive 401k plan with company match. In addition, Thomson Reuters offers market leading work life benefits with competitive vacation, sick and safe paid time off, paid holidays (including two company mental health days off), parental leave, sabbatical leave. These benefits meet or exceeds the requirements of paid time off in accordance with any applicable state or municipal laws. Finally, Thomson Reuters offers the following additional benefits: optional hospital, accident and sickness insurance paid 100% by the employee; optional life and AD&D insurance paid 100% by the employee; Flexible Spending and Health Savings Accounts; fitness reimbursement; access to Employee Assistance Program; Group Legal Identity Theft Protection benefit paid 100% by employee; access to 529 Plan; commuter benefits; Adoption & Surrogacy Assistance; Tuition Reimbursement; and access to Employee Stock Purchase Plan.Thomson Reuters complies with local laws that require upfront disclosure of the expected pay range for a position. The base compensation range varies across locations. Eligible office location(s) for this role include one or more of the following: Eagan, MN; Ann Arbor, MI; Richmond, VA; Rochester, NY. The base compensation range for the role in any of those locations is $87,200 - $161,900. This role may also be eligible for an Annual Bonus based on a combination of enterprise and individual performance. Base pay is positioned within the range based on several factors including an individual’s knowledge, skills and experience with consideration given to internal equity. Base pay is one part of a comprehensive Total Reward program which also includes flexible and supportive benefits and other wellbeing programs.Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we’ve been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.AccessibilityAs a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.Protect yourself from fraudulent job postings click here to know more.More information about Thomson Reuters can be found on https://thomsonreuters.com.
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What You Should Know About Product Owner - Business Optimization, Thomson Reuters

Hey there! If you're passionate about driving business and customer impact through innovative sales experiences, then the role of Product Owner – Business Optimization at Thomson Reuters in Ann Arbor, MI could be your perfect fit! In this exciting position, you’ll have the opportunity to lead the definition and execution of a product vision that enhances customer journeys for Tax Professionals. Your role will focus on maximizing business value through collaboration with cross-functional teams, harnessing the power of artificial intelligence and analytics. You'll be at the forefront of defining user stories, facilitating release planning, and monitoring team performance, ensuring top-notch delivery in each sprint. If you're a proactive individual with a knack for creating stellar user experiences, and you want to work in a flexible hybrid environment with a vibrant team, we'd love to hear from you! Join us at Thomson Reuters as we craft experiences that are not only user-friendly but also aligned with our long-term goals. Let's innovate together and improve the sales journey for our customers.

Frequently Asked Questions (FAQs) for Product Owner - Business Optimization Role at Thomson Reuters
What are the responsibilities of a Product Owner – Business Optimization at Thomson Reuters?

As a Product Owner – Business Optimization at Thomson Reuters, you will lead the definition of product vision, deliver business capabilities related to sales experiences, facilitate sprint and release planning, and ensure that the squad prioritizes the highest business value work. You’ll collaborate closely with various stakeholders to refine requirements into user stories and manage the overall product lifecycle within the context of artificial intelligence and analytics.

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What qualifications do I need to be a Product Owner – Business Optimization at Thomson Reuters?

To qualify for the Product Owner – Business Optimization position at Thomson Reuters, you should have at least 3 years of experience in creating and delivering sales experiences, a bachelor's degree, and a solid understanding of digital sales trends and system integrations. Hands-on experience in Agile product delivery, outstanding collaboration skills, and the ability to inspire and lead teams are essential for success in this role.

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What is the work culture like for a Product Owner – Business Optimization at Thomson Reuters?

Thomson Reuters fosters an inclusive culture where innovation, collaboration, and personal growth are at the forefront. As a Product Owner – Business Optimization, you'll work in a flexible hybrid environment while being part of a supportive team that values diversity and work-life balance. The company also encourages professional growth through various learning and development opportunities.

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How does a Product Owner at Thomson Reuters contribute to AI transformation?

In your capacity as a Product Owner – Business Optimization at Thomson Reuters, you will play a pivotal role in driving artificial intelligence transformation by prioritizing initiatives that enhance sales capabilities. You will analyze user stories related to AI-powered features, facilitate data-driven decision-making, and ensure that the developed solutions seamlessly integrate with existing systems, ultimately improving the sales experience for our customers.

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What benefits can I expect as a Product Owner – Business Optimization at Thomson Reuters?

As a Product Owner – Business Optimization at Thomson Reuters, you’ll enjoy a comprehensive benefits package that includes competitive health plans, flexible vacation, wellness programs, and opportunities for professional development. Additionally, the company emphasizes work-life balance, offering two Mental Health Days Off and the opportunity to work from various locations throughout the year.

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Common Interview Questions for Product Owner - Business Optimization
How do you prioritize user stories as a Product Owner?

As a Product Owner, prioritization of user stories is achieved by closely aligning with business goals, stakeholder feedback, and customer insights. I utilize a collaborative approach, working with the squad and reviewing metrics to ensure that the user stories delivering the highest value are prioritized first.

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Can you describe a challenging project you've managed as a Product Owner?

In a previous project, I encountered difficulties aligning the expectations of multiple stakeholders. I managed this challenge by organizing regular checkpoints to gather feedback, re-evaluating project goals with flexibility, and ensuring transparent communication, thereby fostering a collaborative environment that led to project success.

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What tools do you use for managing product backlogs?

I typically use tools like JIRA and Trello for tracking and prioritizing the product backlog. These platforms allow for effective collaboration with the team, user story management, and sprint planning while providing valuable insights through reporting features.

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How do you ensure that the team understands product requirements?

Ensuring that the team understands product requirements begins with clear communication. I facilitate workshops and discussions to co-create user stories with the squad. Additionally, I provide continuous feedback and conduct user research to validate our approach, making adjustments as necessary.

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What strategies do you use to drive adoption of new product features?

To drive feature adoption, I focus on user education and seamless integration. This includes creating clear documentation, conducting training sessions, and gathering user feedback post-launch to iterate on the features, ensuring they meet user needs and enhance their experience.

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Describe your experience with Agile methodologies.

I have extensive experience working within Agile methodologies, participating in sprints and daily standups to ensure alignment. My role includes driving release planning, facilitating retrospectives, and iteratively refining the product based on feedback, thus fostering a responsive and adaptive team dynamic.

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What metrics do you use to evaluate the success of your products?

I focus on key performance indicators such as user adoption rates, customer satisfaction scores, and feature usage statistics. These metrics provide a comprehensive view of product success and guide future development and improvement strategies.

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How do you approach stakeholder management?

Stakeholder management requires building strong relationships through regular communication and transparent updates. I prioritize understanding their goals, addressing their concerns, and ensuring their input is reflected in our strategy, which fosters collaboration and alignment.

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What role does user feedback play in your product development process?

User feedback is integral to my product development process. I actively seek input through user research, surveys, and direct interactions. This feedback informs our product roadmaps and helps ensure that we align our features with user needs and expectations.

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How do you stay current with industry trends relevant to your role?

I continuously stay updated with industry trends by following thought leaders on social media, subscribing to key publications, and participating in webinars and industry conferences. I also engage with professional networks to gain insights into emerging trends and best practices relevant to product management.

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Thomson Reuters (NYSE / TSX: TRI) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compl...

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Full-time, hybrid
DATE POSTED
December 15, 2024

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