Product Owner

Work Location: Toronto, Ontario, Canada Hours: 37.5 Line of Business: Technology Solutions Pay Details: $96,900 - $136,800 CAD This role is eligible for a discretionary variable compensation award that considers business and individual performance. TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs. As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.
Job Description
Department Overview The Payments Modernization team is part of TD's Transaction Banking Value Creation Plan (VCP), a strategic transformation focused on building modern, scalable, and secure payment capabilities for Commercial, Corporate, and Institutional clients. The team is responsible for advancing TD's payments ecosystem through technology modernization, platform transformation, and the delivery of innovative client solutions. Working closely with Product, Technology, Architecture, and Delivery partners, the team drives key initiatives across payments processing, payment modernization, digital channels, APIs, data, and foundational platforms. Our mandate is to simplify and modernize the payments landscape while enabling future product innovation, improving client experiences, and accelerating speed to market.
Key Accountabilities
Product Ownership & Agile Delivery Translate business objectives and strategic initiatives into clear, actionable requirements. Refine epics into delivery-ready user stories with well-defined acceptance criteria. Manage and prioritize the product backlog in alignment with program milestones and business priorities. Facilitate backlog refinement sessions, sprint planning, and delivery activities. Ensure traceability from business objectives through requirements, user stories, testing, and delivered capabilities. Apply Agile, Shift Left, and product-centric delivery practices to accelerate value realization. Partner with technology and business teams to identify and resolve requirements gaps, dependencies, and delivery risks.
Payments Domain Expertise Contribute subject matter expertise across wholesale payments and payment modernization initiatives. Support delivery of capabilities related to: Payment initiation and processing Beneficiary validation and verification SWIFT messaging ISO 20022 migration Correspondent banking services Regulatory and compliance requirements Ensure solutions align with evolving industry standards and payment infrastructure requirements.
Business Analysis & Data Management Conduct end-to-end process, data, and systems analysis. Develop business requirements, process flows, data mappings, and functional specifications. Analyze payment data and support reconciliation, remediation, and data quality initiatives. Partner with technical teams to understand data flows, integrations, and systems architecture. Create reporting and performance metrics that support delivery and business objectives.
Stakeholder Management Build effective relationships across business, operations, technology, and executive stakeholders. Communicate complex concepts and recommendations clearly to both technical and non-technical audiences. Drive alignment across multiple teams while balancing competing priorities. Support decision-making by identifying options, risks, impacts, and recommendations. Influence stakeholders and contribute to strategic discussions regarding product evolution and delivery.
Required Qualifications
Undergraduate degree required.
7+ years of relevant experience in Business Analysis, Product Ownership, Product Management, or related roles.
Experience working within Agile delivery environments.
Strong knowledge of wholesale payments and payment processing.
Proven experience writing user stories, defining acceptance criteria, and managing product backlogs.
Experience working with cross-functional business and technology teams.
Strong analytical, problem-solving, and stakeholder management skills.
Excellent written and verbal communication skills.
Preferred Qualifications
Payments Expertise Strong knowledge of: SWIFT MT and MX message formats ISO 20022 standards Wire payments and correspondent banking Canada Lynx, CHIPS, and Fedwire AML, sanctions screening, fraud monitoring, and regulatory reporting
Data & Technology Experience Data analysis and data mapping experience. SQL and data querying skills. Understanding of messaging and integration technologies (MQ, Kaf