Product Manager - BA/DA

Responsibilities:

Business-person who has knowledge of secondary mortgage, securitization and communicate with IT and business team in business terminology and provide business inputs / flow / processes etc. Can be able to discuss business with client’s PO / PA and IT team leads. At the same time, he can help DEV Team to resolve their doubts about business requirements.

Agile knowledge is added advantage. Experience and knowledge of secondary mortgage, securitization is must.

Key responsibilities:

- Define and own product strategy, roadmap and release plans for secondary mortgage market and securitization capabilities.

- Lead the product vision, roadmap and execution for systems and processes that support the secondary mortgage market, with a strong emphasis on securitization workflows and investor delivery.

- Act as the single product owner voice between business stakeholders (trading, capital markets, trading ops, servicing, investor relations, risk, legal) and delivery teams to prioritize value, manage scope, and ensure timely, compliant releases.

- Own product outcomes: investor settlement accuracy, timeliness of deliveries, quality of loan tapes, complaint handling, regulatory and investor reporting, and automation of manual touchpoints.

- Translate business requirements and capital markets practices into well-structured user stories, acceptance criteria and prioritized backlog.

- Work deeply with trading, structuring, ops and risk to shape features for loan pooling, MBS/TBA workflows, REMIC/Trust setup, cashflow waterfalls, trustee reporting, and investor accounting.

- Ensure systems and data meet investor, rating agency and regulatory requirements (prospectuses, pooling criteria, representations & warranties, remediations).

- Coordinate end-to-end delivery across engineering, QA, data, and integration teams; facilitate sprint planning, demos and UAT.

- Validate functional and data quality through review of loan-level tapes, settlement exceptions, reconciliations and investor remits.

- Partner with legal, compliance and risk to embed controls and automated checks for repurchase triggers, indemnifications and servicing transfers.

- Drive continuous improvement: reduce manual reconciliations, automation of investor reporting, increase straight-through-processing and lower settlement risk.

- Provide domain expertise to support pricing/valuation, prepayment modeling assumptions and business cases for product investment.

Required experience and skills:

- Proven product owner or senior business analyst experience in the secondary mortgage market.

- Direct experience with mortgage securitization processes (structuring, pooling, deal execution, trustee setup, REMIC/Trust mechanics) strongly preferred.

- Strong knowledge of loan-level deliverables and investor requirements (loan tapes, formats, data elements), GSE and agency/non-agency securitizations.

- Familiarity with investor platforms, settlements, custodian/trustee interactions, and investor reporting.

- Experience working in Agile/Scrum environments and using tools such as JIRA, Confluence and CI/CD practices.

- Good technical fluency: ability to review data models, SQL queries, API specifications and system integration points with engineering teams.

- Excellent written and verbal communication skills; proven ability to align multiple stakeholders and make trade-offs.

- Strong analytical and problem-solving abilities with attention to detail and control orientation.

- Domain-focused problem-solver who can move quickly between strategic thinking and detailed operational requirements.

- Pragmatic decision-maker who prioritizes risk mitigation and business value.

- Collaborative leader with the ability to influence cross-functional teams without direct authority.

Preferred qualifications:

- Prior work in capital markets, mortgage trading desks, securitization desks, or servicing/loan delivery teams.

- Understanding of cashflow waterfalls, credit enhancement structures, tranche mechanics and rating agency considerations.

- Experience with loan servicing rights (MSR) systems, investor accounting systems, or mortgage servicing platforms.

- Familiarity with regulatory frameworks affecting securitization and investor disclosures.

- Bachelor’s degree in Finance, Economics, Business or related field; MBA or advanced degree a plus.

Success metrics:

- Increase in straight-through processing rate for investor deliveries.

- Reduction in settlement exceptions and repurchase incidents.

- On-time investor reporting and settlements.

- Predictability and quality of delivery (release predictability, defect rate).

- Business stakeholder satisfaction and time-to-market for critical securitization features.