Product Owner Principal

Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
The Information Technology group delivers secure, reliable technology solutions that enable DTCC to be the trusted infrastructure of the global capital markets. The team delivers high-quality information through activities that include development of essential, building infrastructure capabilities to meet client needs and implementing data standards and governance.

Pay and Benefits: 

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee). 

The Impact you will have in this role:

The Principal Product Owner drives Platform FinOps activities and owns the Cloudaware product for cloud cost management and evidence enablement across AWS and Azure. Partnering with Central FinOps, IT Service Owners, and Engineering, Finance, Governance, Audit, and Application teams, this role provides FinOps expertise and executes key aspects of the cost management program, keeping cloud spend visible, optimized, and well governed while owning the Cloudaware roadmap, adoption, and lifecycle end to end.

Primary Responsibilities:

• Drive Platform FinOps activities across the AWS and Azure estate, including cost visibility, allocation, optimization, and forecasting, in support of the broader FinOps strategy.
• Provide FinOps expertise and contribute to governance standards, KPIs, and decision forums that align platform, finance, and governance, risk, and compliance (GRC) partners on shared cost outcomes.
• Lead optimization execution end to end, identifying savings opportunities and driving them to documented results.
• Own the Cloudaware roadmap, backlog, and feature prioritization aligned to cost management and evidence needs.
• Manage Cloudaware lifecycle activities, including configuration standards, upgrades, release planning, access, and adoption.
• Partner with governance, risk, and audit stakeholders to support evidence needs and reduce cycle time for control reviews.
• Deliver executive-ready cost narratives and leadership materials, including dashboards, presentations, and updates.
• Troubleshoot product and data issues end to end, coordinating resolution across internal teams and vendor channels.
• May include people management depending on organizational need, though it is not required.

Qualifications:

• Minimum of 10 years of related experience
• Bachelor's degree preferred or equivalent experience

Talents Needed for Success:

• Strong ownership mindset with the ability to drive outcomes end to end across multiple stakeholders and competing priorities.
• Analytical and detail-oriented, able to translate complex cost and usage data into clear insights and actionable recommendations.
• Excellent communication and influencing skills, comfortable engaging both senior leaders and technical experts.
• Collaborative partner who builds trust across platform, finance, governance, and audit teams.
• Adaptable and outcome-focused, able to operate effectively in an evolving multi-cloud environment.
• Product ownership or product management experience, including backlog management and stakeholder-driven prioritization.
• Working knowledge of AWS and Azure, including how usage and pricing drivers translate into cost and optimization opportunities.
• Demonstrated FinOps experience, with the ability to drive optimization outcomes and communicate cost trade-offs clearly.
• Experience presenting to senior leaders and adapting communication to technical and non-technical audiences.
• Strong troubleshooting skills across data, integration, and platform configuration issues.
• FinOps certification (e.g., FinOps Certified Practitioner or FinOps Certified Professional).
• Experience with Cloudaware or similar platforms (e.g., Apptio Cloudability, VMware CloudHealth, or native cloud cost tools).
• Familiarity with multi-cloud tagging strategies, allocation models, and optimization levers such as AWS Savings Plans and Reserved Instances and Azure Reservations and Savings Plans.
• Experience supporting audit, risk, or compliance evidence needs for cloud environments.
• Experience with Power BI or similar tools for executive reporting.

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork.  When you join our team, you’ll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It’s the chance to make a difference at a company that’s truly one of a kind.

Learn more about Clearance and Settlement by clicking here.

Serves as a dedicated technology resource for advancing DTCC’s business opportunities and providing industry thought leadership for leveraging new technology. The goal of this new department is to partner internally with IT, our business and regulatory divisions and externally with clients, regulators, and fintech vendors, to help build new platforms and business models to advance DTCC’s mission to support the financial markets.