IT Analyst - Business Analysis (Product Owner)
Chennai
- Organization: World Bank Group
- Location: Chennai
- Grade: Level not specified - Level not specified
-
Occupational Groups:
- Operations and Administrations
- Information Technology and Computer Science
- Sustainable Business Development
- Closing Date: 2025-05-04
Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 130 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org
ITS Vice Presidency Context:
The Information and Technology Solutions (ITS) Vice Presidential Unit (VPU) enables the World Bank Group to achieve its mission of ending extreme poverty and boost shared prosperity on a livable planet by delivering transformative information and technologies to its staff working in over 150+ locations. For more information on ITS, see this video:https://www.youtube.com/watch?reload=9&v=VTFGffa1Y7w
Our vision is to transform how the Bank Group accomplishes its mission through information and technology. In this fast-paced, ever-changing world, the formulation and implementation of the ITS strategy is an ongoing, iterative process of learning and adaptation developed through extensive consultations with business partners throughout the World Bank Group.
ITS shapes its strategy in response to changing business priorities and leverages new technologies to achieve three high-level business outcomes: business enablement, by providing Bank Group units with innovative digital tools and technologies to transform how they deliver value for their clients; empowerment & effectiveness, by ensuring that all Bank Group staff are connected, able to find information, and productive to accelerate the delivery of development solutions globally; and resilience, by equipping the Bank Group to provide risk-based cybersecurity and robust data protection for a global network and a growing cloud platform.
Implementation of the strategy is guided by three core principles. The first is to deliver solutions for business partners that are customer-centric, innovative, and transformative. The second is to provide the Bank Group with value for money with selective and standard technologies. The third principle is to excel at the basics by providing a high performing, robust, and resilient IT environment for the organization.
Unit Context:
WBG Finance (ITSFI) is responsible for providing high quality, streamlined information and technology solutions for the World Bank’s Financial & HR services, which include Human Resources, Corporate Finance, Risk Management, Controls, Treasury, Loans, Accounting, and Concessional finance (handling donor contributions from inception to the point of final disbursement, including IDA, Financial Intermediary Funds and Trust Funds). ITSFI is additionally responsible for building its IT services using a shared platform that provides scale, leverage, reliability, and control while at the same time improving responsiveness to emerging business needs. The ITSFI team is accountable for the implementation of the ITS Strategy supporting WBG core finance business processes.
As a unit within the Finance ITS, ITSFE provides IT applications to support VPUs engaged in Donor Funds management, oversight in project execution and transfer of funds activities throughout the WBG. This is a new position in ITSFE Chennai, India to deliver IT solutions supporting internal and external client business functions for IBRD.
Technical Competencies Required
ITSFE is seeking an experienced and versatile Product Owner (IT Analyst Business Solutions) to join our growing team. The Product Owner will collaborate with users and business partners of Development Finance – FIFs to understand and anticipate their needs and translate them into product requirements; define the product vision and use inspection and adaptation to iterate through versions; create a product roadmap; oversee all stages of product creation including design and development; manage the product backlog and prioritize based on changing requirements; and use data to monitor and evaluate product progress at each stage of the process.
The product owner will also write effective user stories and liaise with the product team and end users to deliver updates and participate in scrum meetings and product sprints; use feedback loops to get information about the product from real users and rely on analytics to make data-driven decisions.
The candidate will work closely with FIF business stakeholders, strategists, designers, solution architects, other product owners, and developers with an emphasis on strengthening the client centric service delivery for the related business areas, within the context of best practices in enterprise architecture, modern sourcing techniques, modular design of solutions, and appropriate integration of IT services and platforms.
We are looking for an individual who will bring a sense of client and product obsession to the team and who will ensure that our solutions meet or exceeds expectations and deliver tangible business value.
Duties and Accountabilities
•Engage with FIF business stakeholders to fully understand their needs and challenges and translate them into viable product requirements and features.
•Create product vision, product roadmap and maintain and prioritize product backlog and user stories based on the requirements.
•Drive the product execution to bring the product vision to life in collaboration with solution architects, developers, designers, and other cross-functional teams when applicable.
•Manage relationships with stakeholders and ensure alignment on product direction.
•Deliver regular status updates to clients, identify and address risks, and reflect changes in requirements and priorities.
•Plan and execute updates and future releases through a data driven and agile approach.
•Prepare estimates and communicate costs, oversee all stages of the product development, and lead the user acceptance testing process.
•Actively engage with the Design and the Digital Acceleration teams to monitor and incorporate various needs and requirements, industry trends, and user feedback into the product.
•Assess impact to end users and need for change management.
•Develop product KPIs that are measurable, actionable, and aligned with business goas and users’ objectives.
•Actively monitor client needs, industry trends, Bank priorities, KPIs, and user feedback.
We do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.