Junior Business Analyst/Product Owner

Our Purpose Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential. Title and Summary Junior Business Analyst/Product Owner Overview The UK product analysis team is looking for a Junior Business Analyst/Product Owner to join the team, working on UK domestic payment clearing products (Bacs, Real Time, ICS) driving forward and managing enhancements to these products and developing/shaping the requirements for new additional products and services that will leverage the current platforms. The ideal candidate is passionate about working in complex change environment with well-established/mature products and services. Role The Junior Business Analyst/Product Owner role partners across the organisation to understand business needs, products and processes. The role is responsible for eliciting requirements and developing analysis artefacts that enable the development of new products and services for our customers. The role incorporates both good business understanding and communication skills with the ability to understand and logically model how our business systems need to perform. As a Junior Business Analyst/Product Owner you will manage smaller project/initiatives/change requests and work with Senior Analysts on larger/more complex pieces of work. Essential responsibilities:- • Perform the elicitation and analysis of business change, functional and non-functional requirements across a range of stakeholders, internal and external. • Own and produce relevant analysis artefacts and documentation. • Provide the evaluation of current products and services against proposed changes and product investments. • Ownership of analysis tasks, timescales and approach, supporting the engineering and delivery teams. • Able to use a variety of analysis techniques to model, refine and communicate requirements and the behaviour of business systems • Familiarity with Atlassian toolset • Workshop facilitation experience Product Owner (PO) - key experiences: • Connecting with the Customer • Be keenly aware of the needs of the people to whom the products are delivered. • Understand and reflect the needs of non-customer stakeholders who rely on the cadence and quality of the team’s output. • Identify problems that customers want to be solved through different thinking tools, then identify the ‘jobs to be done’ that are most worth pursuing. • Contributing to the Vision and Roadmap • Regularly engage with Product Management to analyse market research and understand the business drivers that trigger work requests. • Ensure that the vision and roadmap contain real value by representing the end user, their needs and experience of using the products. • Assist with ART backlog prioritization by collaborating with key roles and stakeholders to guide the sequencing of features over time. • Assist with communicating the vision and roadmap during planning events to ensure teams are aligned. • Managing and Prioritizing the Team Backlog • Guide story creation by ensuring they are well-formed and aligned with product strategy. • Clarify story details using product ownership tools and techniques such as user-story voice, INVEST, and BDD. • Prioritize backlog items by regularly ordering backlog items according to their cost of delay, and communicate the sequence to the team • Accept stories by validating that stories meet their Defi