Product Owner

Shift Pattern:
Standard 40 Hour Week (United Kingdom)

Scheduled Weekly Hours:
40

Corporate Grade:
C - Vice President

Reporting Line:
(UK Division) Trading & COO

Location:
UK-London

Worker Type:
Permanent

About The London Metal Exchange
The London Metal Exchange (LME) is the world centre for industrial metals trading. Most of the world's global non-ferrous futures business is conducted on the LME's three trading platforms totalling $18 trillion, 178 million lots and 4 billion tonnes with a market open interest high of 1.8 million lots in 2024.

The metals community uses the LME, an HKEX Group company, as a venue to transfer or take on price risk, as a physical market of last resort and as the provider of transparent global reference prices.

Overall Purpose of Role
You will join the product team at the core of delivering high quality, innovative and relevant solutions to the LME with the purpose of:

• In conjunction with the business owner, sets the product vision, objectives and outcomes
• Accountable for maximizing the value of the product, the delivery of the product goal and product backlog
• Represent the needs of the many stakeholders across LME and LME Clear
• Has the mandate to make business decisions where impact is contained within the product
• Owns the product backlog prioritisation and sequencing, ensuring the team implements the right requirements
• Accountable for all stages of the delivery

Responsibilities

• Work closely with Business Owner and Service Owner and other stakeholders to define the roadmap with the key product goals and objectives needed to deliver the solution. Build and maintain a healthy backlog
• Constantly manage priorities to ensure work is focused, with effective management and refinement of the product backlog
• Provide vision and direction to the delivery teams; ensure that the team always has a healthy backlog of work
• Provide an active role in mitigating impediments impacting successful team completion of Release/Sprint Goals
• Ensure scope is always clear and understood and support teams to elaborate and break-down features
• Lead the scoping of product releases; set the expectation for delivery of new functionalities
• Evaluate the work generated by the delivery teams against Acceptance Criteria and desired outcomes
• Collaborate and coordinate with other Product Owners as applicable
• Manage stakeholders
• Create user stories, epics, and features and acceptance criteria
• Gathering requirements and writing high level requirements
• Key participant in Sprint Planning and agreeing content for each Sprint

Desirable Academic And Professional Qualifications Required

• Agile Leadership Training
• CSPO (Certified Scrum Product Owner) – Product Owner Certification
• PSPO (Professional Scrum Product Owner) preferable not essential

Required Knowledge And Level Of Experience

• Experience working as a Product Owner / Product Manager
• Experience working in an exchange or financial organisation
• Sound knowledge in IT, management, and agile software development.
• Experience of using agile methods and frameworks e.g. Scrum, Kanban and Lean as a minimum

Skills Set And Core Competencies Required For Role

• Communication and leadership skills
• Strategic planning and thinking
• Outcome-driven orientation
• Assertive to help maintain the vision in challenging situations
• Be able to motivate a team
• Stakeholder management – ability to communicate with different groups of individuals, be able to reach a consensus and have a high degree of diplomacy
• Analytical and problem-solving skills

The LME is committed to creating a diverse environment and is proud to be an equal opportunity employer. In recruiting for our teams, we welcome the unique contributions that you can bring in terms of education, ethnicity, race, sex, gender identity, expression and reassignment, nation of origin, age, languages spoken, colour, religion, disability, sexual orientation and beliefs. In doing so, we want every LME employee to feel our commitment to showing respect for all and encouraging open collaboration and communication.