Product Owner

Job Description

Job Description

Position Summary :

Responsible for serving as the business owner and strategic steward for assigned products, capabilities, processes, or business functions. Partners with stakeholders across business, operations, technology, compliance, analytics, and third-party providers to identify opportunities, define requirements, prioritize initiatives, and deliver solutions that create measurable business value. Owns full lifecycle of assigned capabilities, including discovery, requirements definition, process design, backlog prioritization, implementation support, adoption, and continuous improvement. This role balances strategic objectives with day-to-day delivery needs while ensuring solutions are aligned with business goals, customer expectations, operational requirements, and applicable regulatory obligations.

Responsibilities:

• Product Ownership & Business Leadership
• Owns and manages one or more business capability domains, products, or functional areas.
• Partners with stakeholders to understand business objectives, operational challenges, customer needs, and improvement opportunities.
• Translates business strategy into actionable initiatives, requirements, and delivery priorities.
• Drives alignment among business, operations, technology, compliance, analytics, and vendor partners.
• Facilitates decision-making and resolve competing priorities across stakeholder groups.
• Ensures delivered solutions achieve intended business outcomes and support organizational objectives.
• Requirements & Process Design
• Leads discovery sessions, workshops, interviews, and working sessions to gather and validate business requirements.
• Develops and maintains business requirements, functional requirements, process documentation, workflow diagrams, use cases, and acceptance criteria.
• Analyzes current-state processes and defines practical future-state solutions that improve efficiency, quality, customer experience, and scalability.
• Identifies business impacts, dependencies, risks, controls, and opportunities for process improvement.
• Creates visual process maps and other artifacts to communicate requirements, decisions, and solution approaches.
• Maintains traceability between business objectives, requirements, decisions, and delivered functionality.
• Product Delivery & Backlog Management
• Creates, maintains, and prioritizes product backlogs based on business value, risk, dependencies, regulatory considerations, and strategic objectives.
• Refine epics, features, user stories, functional requirements, and acceptance criteria to support delivery teams.
• Partners with technology and delivery teams to clarify requirements, validate assumptions, and support implementation activities.
• Participates in planning, estimation, testing, release preparation, and implementation activities as needed.
• Supports user acceptance testing, business validation, training, and operational readiness activities.
• Balances short-term delivery execution with long-term product and capability objectives.
• Data Analysis, Reporting & Continuous Improvement
• Uses business data, operational metrics, and user feedback to support prioritization, recommendations, and decision-making.
• Defines key performance indicators, success measures, data needs, and reporting requirements for assigned capabilities.
• Partners with business intelligence, analytics, and technology teams to develop dashboards, operational reporting, and meaningful business insights.
• Analyzes trends, process performance, defects, exceptions, and adoption data to identify enhancement opportunities.
• Drives continuous improvement initiatives focused on efficiency, quality, compliance, customer experience, and business outcomes.
• Stakeholder Communication & Collaboration
• Communicates status, risks, decisions, dependencies, and recommendations to leadership and stakeholders in a clear and concise manner.
• Facilitates meetings, workshops, presentations, and working sessions with both technical and non-technical audiences.
• Builds strong cross-functional relationships and serve as a trusted advisor for assigned business capabilities.
• Influences decision-making across teams without direct authority.
• Provides guidance, mentorship, and support to analysts or other team members as needed.
• Performs other duties and projects assigned.

Requirements:

• Bachelor's Degree preferred, and/or five (5) + years of experience in Product Ownership, Product Management, Business Analysis, Process Improvement, Technology Delivery, or related disciplines.
• Three (3) + years of experience within mortgage banking.
• Experience defining, documenting, and validating business requirements, functional requirements, user stories, acceptance criteria, and process flows.
• Experience facilitating stakeholder workshops, discovery sessions, requirements sessions, or cross-functional working groups.
• Experience partnering with business and technology teams to deliver solutions.
• Strong coaching, consultation, and advisory skills.

Why work for #teamloanDepot:

• Competitive compensation package based on experience, skillset and overall fit for #TeamloanDepot.
• Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
• Work with other passionate, purposeful, and customer-centric people.
• Extensive internal growth and professional development opportunities including tuition reimbursement.
• Comprehensive benefits package including Medical/Dental/Vision.
• Wellness program to support both mental and physical health.
• Generous paid time off for both exempt and non-exempt positions.

About loanDepot:

loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.

Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $93,000 and $154,000. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

\nCompany Description

loanDepot, America's lender, matches borrowers through technology and high-touch customer care with the credit they need to fuel their lives. As a fast-growing national consumer lender, the loanDepot platform is disrupting finance by dissolving the lines between mortgage and nonmortgage credit.

The company has funded over $100 billion in loans since inception, and is passionate about emerging financial technology and dynamic product delivery supported by excellent customer service to empower consumers.

Headquartered in Southern California, loanDepot employs 5,400+ lending professionals across the country including 1,700+ licensed loan officers who hold 10,000+ licenses. The company operates 180+ local loan locations nationwide. NMLS # 174457

Company Description

loanDepot, America's lender, matches borrowers through technology and high-touch customer care with the credit they need to fuel their lives. As a fast-growing national consumer lender, the loanDepot platform is disrupting finance by dissolving the lines between mortgage and nonmortgage credit.\r\n\r\nThe company has funded over $100 billion in loans since inception, and is passionate about emerging financial technology and dynamic product delivery supported by excellent customer service to empower consumers.\r\n\r\nHeadquartered in Southern California, loanDepot employs 5,400+ lending professionals across the country including 1,700+ licensed loan officers who hold 10,000+ licenses. The company operates 180+ local loan locations nationwide. NMLS # 174457