Principal Product Owner - ServiceNow

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: Being a member of IT Enterprise Architecture Data & Corp Tech team, the ServiceNow Product Manager is a product ‑ led, outcome ‑ driven, and enterprise ‑ focused role, accountable for driving enterprise value from the ServiceNow platform by owning product strategy, roadmap, and outcomes across one or more ServiceNow domains (ITSM, ITOM, ITAM, CMDB). This role has a strong focus on strategic service architecture and service catalog design, ensuring that services are intentionally defined, consistently structured, and clearly consumable across the enterprise. The Product Manager ensures that ServiceNow is not only functional, but organized as a well ‑ architected portfolio of services aligned to business capabilities, technology strategy, and risk controls The position requires deep functional understanding of ServiceNow features, Asset Management and data models (CSDM, CMDB) to guide how services are designed, exposed, and governed—balancing flexibility, standardization, and platform sustainability. Your Primary Responsibilities: Product Strategy & Ownership Define and own the product vision, multi‑year roadmap, and strategic outcomes for assigned ServiceNow product areas. Translate enterprise and business priorities into clearly defined product outcomes, ensuring alignment with technology strategy, risk posture, and regulatory expectations. Make informed product decisions on capability usage, configuration vs. customization, and technical tradeoffs, balancing speed, sustainability, and platform health. Strategic Service Architecture and Catalog Management Define and govern the service architecture within ServiceNow, ensuring services are clearly defined, structured through consistent taxonomies, and mapped to capabilities and existing workflows Ensure service and catalog design aligns with CMDB integrity, data quality, reporting needs, and downstream integrations. Drive simplification and rationalization of services to reduce duplication and complexity Enterprise Stakeholder Leadership Act as the primary product authority for business leaders, and technology partners Lead structured discovery and prioritization discussions focused on ServiceNow usage beyond request‑based demand fulfilment Manage stakeholder expectations through transparent communication, product roadmaps, and value‑based prioritization. ServiceNow Capability Enablement Maintain a deep, working understanding of ServiceNow platform features, including workflows, data models, CMDB concepts, integrations, reporting, and user experience patterns. Work with Architecture, Infrastructure, Asset Management teams to define and implement Resiliency boundaries in CMDB. Define CMDB governance to improve data quality and communication. Guide engineering and delivery teams to maximize out‑of‑the‑box capabilities and enforce standard usage patterns across the platform. Ensure solutions adhere to enterprise principles for platform stability, upgrade readiness, performance, and data integrity. Backlog, Intake & Prioritization Own the end‑to‑end product backlog, intake process, and prioritization model across assigned domains. Ensure all work delivery meets product readiness criteria, including clear problem statements, acceptance criteria, dependencies, and success measures. Balance new demand with platform sustainability, technical debt reduction, and operational improvements. Measurement & Value Realization Define and track product‑level KPIs such as adoption, cycle time, data quality, user satisfaction, and operational efficiency. Regularly review performance metrics to identify opportunities for simplification, standardization, and improved value realization. **NOTE: The Primary Responsibilities of this role are not limited to the details above. ** Qualifications: Minimum of 10+ years of ServiceNow experience Bachelor's degree preferred and/or equivalent experience Talents Needed for Success: 10+ years of hands‑on experience working with ServiceNow in a senior product, functional lead, or platform ownership capacity. Demonstrated experience managing enterprise‑scale platforms with multiple stakeholder groups and competing priorities. Strong understanding of ServiceNow usage to deliver outcomes, including: Workflow orchestration, forms, data models, CMDB, and integrations Core modules such as ITSM, ITOM and ITAM, Reporting, dashboards, and data quality considerations Strong product mindset with the ability to frame problems, define outcomes, and prioritize based on value and risk. Excellent communication skills, with the ability to articulate complex concepts in clear, executive‑ready language CSA and CIS in ITSM, Data Foundations (Must have) CIS in Event Management and Service Mapping (preferred) ServiceNow Technical Architect certification (preferred) ServiceNow AI capabilities implementation 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.