Favorite Parts of Being a Product Owner at Foreign Bank
Cynthia, a Product Owner at a Foreign Bank, found the most rewarding aspect of the role to be the "combination of it being very challenging but at the same time very rewarding," particularly the responsibility for product success and the resulting leadership development. This challenging role enhanced skills and provided a "spotlight" within the organization, allowing for high-level communication and presentations to senior executives.
Leadership, Project Management, Communication, Problem-Solving, Resilience
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Cynthia Panez Velazco
Product Owner
Foriegn Bank
Pontificia Universidad Catolica del Peru, 2014
UCLA Anderson School of Management, MBA
Engineering - Industrial
Finance (Banking, Fintech, Investing)
Product / Service / Software Development and Management
Immigrant, Worked 20+ Hours in School
Video Highlights
1. Being a product owner is challenging but rewarding. It involves responsibility for product success, even when external factors affect outcomes.
2. The role significantly enhanced Cynthia's leadership skills and provided her with increased visibility within the organization.
3. This position gave Cynthia opportunities to advocate for her product, communicate its value, and present progress updates to senior executives and committees.
Transcript
What do you enjoy most about being in your current row?
This was a very challenging role for me. It was the first time I was leading a team officially. I think what I liked most about it was the trade-off, the combination of it being very challenging but at the same time very rewarding.
As a protocol owner, you are responsible for the success of the product. This means that if it doesn't go well, you are also responsible, even though sometimes the reasons why you didn't deliver a certain feature or whatever don't depend on you. You don't have all the resources, and you don't make all the decisions, but you are responsible for it.
That's a very challenging situation, how you manage that and that dependency on other people. I really enjoyed it because it helped me enhance the skills I mentioned before. It also provided me with more of a spotlight in my organization.
I was the main advocate for my product, communicating its mission, its goals, its progress, and results to senior executives. I presented to institute committees. That was very challenging but at the same time rewarding because I felt very accomplished after that. Of course, getting to that point was a lot of work.