Product Manager

What Working at Hexaware offers:

Hexaware is a dynamic and innovative IT organization committed to delivering cutting-edge solutions to our clients worldwide. We pride ourselves on fostering a collaborative and inclusive work environment where every team member is valued and empowered to succeed.

Hexaware provides access to a vast array of tools that enhance, revolutionize, and advance professional profile. We complete the circle with excellent growth opportunities, chances to collaborate with highly visible customers, chances to work alongside bright brains, and the perfect work-life balance.

With an ever-expanding portfolio of capabilities, we delve deep into and identify the source of our motivation. Although technology is at the core of our solutions, it is still the people and their passion that fuel Hexaware s commitment towards creating smiles.

At Hexaware we encourage to challenge oneself to achieve full potential and propel growth. We trust and empower to disrupt the status quo and innovate for a better future. We encourage an open and inspiring culture that fosters learning and brings talented, passionate, and caring people together.

We are always interested in, and want to support, the professional and personal you. We offer a wide array of programs to help expand skills and supercharge careers. We help discover passion the driving force that makes one smile and innovate, create, and make a difference every day.

The Hexaware Advantage: Your Workplace Benefits

Excellent Health benefits with low-cost employee premium.

Wide range of voluntary benefits such as Legal, Identity theft and Critical Care Coverage

Unlimited training and upskilling opportunities through Udemy and Hexavarsity

Who we are?

At Hexaware Technologies, we are a leading global IT Services company, dedicated to driving digital transformation and innovation for businesses around the world. Founded in 1990, Hexaware has grown into a global trusted partner for enterprises, offering comprehensive AI empowered services including IT Consulting, Application Development, Infrastructure and Cloud Management and Business Process services.

At Hexaware we are a community of creative, diverse, and open-minded Hexawarians creating smiles through the power of great people and technology.

We pride ourselves on our people-centric culture and commitment to sustainability. Our diverse team of over 30,000 professionals across 30 countries is driven by a shared passion for innovation and excellence. We foster a collaborative environment where creativity and continuous learning are encouraged, enabling our employees to thrive and grow.

Position : Product Manager (BA/DA)
Location : McLean, VA (Onsite)

Responsibilities:

Business-person who has knowledge of secondary mortgage, securitization and communicate with IT and business team in business terminology and provide business inputs / flow / processes etc. Can be able to discuss business with client s PO / PA and IT team leads. At the same time, he can help DEV Team to resolve their doubts about business requirements.

Agile knowledge is added advantage. Experience and knowledge of secondary mortgage, securitization is must.
Key responsibilities:

- Define and own product strategy, roadmap and release plans for secondary mortgage market and securitization capabilities.

- Lead the product vision, roadmap and execution for systems and processes that support the secondary mortgage market, with a strong emphasis on securitization workflows and investor delivery.

- Act as the single product owner voice between business stakeholders (trading, capital markets, trading ops, servicing, investor relations, risk, legal) and delivery teams to prioritize value, manage scope, and ensure timely, compliant releases.

- Own product outcomes: investor settlement accuracy, timeliness of deliveries, quality of loan tapes, complaint handling, regulatory and investor reporting, and automation of manual touchpoints.

- Translate business requirements and capital markets practices into well-structured user stories, acceptance criteria and prioritized backlog.

- Work deeply with trading, structuring, ops and risk to shape features for loan pooling, MBS/TBA workflows, REMIC/Trust setup, cashflow waterfalls, trustee reporting, and investor accounting.

- Ensure systems and data meet investor, rating agency and regulatory requirements (prospectuses, pooling criteria, representations & warranties, remediations).

- Coordinate end-to-end delivery across engineering, QA, data, and integration teams; facilitate sprint planning, demos and UAT.

- Validate functional and data quality through review of loan-level tapes, settlement exceptions, reconciliations and investor remits.

- Partner with legal, compliance and risk to embed controls and automated checks for repurchase triggers, indemnifications and servicing transfers.

- Drive continuous improvement: reduce manual reconciliations, automation of investor reporting, increase straight-through-processing and lower settlement risk.

- Provide domain expertise to support pricing/valuation, prepayment modeling assumptions and business cases for product investment.

Required experience and skills:

- Proven product owner or senior business analyst experience in the secondary mortgage market.

- Direct experience with mortgage securitization processes (structuring, pooling, deal execution, trustee setup, REMIC/Trust mechanics) strongly preferred.

- Strong knowledge of loan-level deliverables and investor requirements (loan tapes, formats, data elements), GSE (Fannie Mae/Freddie Mac) and agency/non-agency securitizations.

- Familiarity with investor platforms, settlements, custodian/trustee interactions, and investor reporting.

- Experience working in Agile/Scrum environments and using tools such as JIRA, Confluence and CI/CD practices.

- Good technical fluency: ability to review data models, SQL queries, API specifications and system integration points with engineering teams.

- Excellent written and verbal communication skills; proven ability to align multiple stakeholders and make trade-offs.

- Strong analytical and problem-solving abilities with attention to detail and control orientation.

- Domain-focused problem-solver who can move quickly between strategic thinking and detailed operational requirements.

- Pragmatic decision-maker who prioritizes risk mitigation and business value.

- Collaborative leader with the ability to influence cross-functional teams without direct authority.

Preferred qualifications:

- Prior work in capital markets, mortgage trading desks, securitization desks, or servicing/loan delivery teams.

- Understanding of cashflow waterfalls, credit enhancement structures, tranche mechanics and rating agency considerations.

- Experience with loan servicing rights (MSR) systems, investor accounting systems, or mortgage servicing platforms.

- Familiarity with regulatory frameworks affecting securitization and investor disclosures.

- Bachelor s degree in Finance, Economics, Business or related field; MBA or advanced degree a plus.

Success metrics:

- Increase in straight-through processing rate for investor deliveries.

- Reduction in settlement exceptions and repurchase incidents.

- On-time investor reporting and settlements.

- Predictability and quality of delivery (release predictability, defect rate).

- Business stakeholder satisfaction and time-to-market for critical securitization features.

What you ll get from us:

Insert employee benefits here e.g.:

Competitive Salary

Company Pension Scheme

Comprehensive Health Insurance

Flexible Work Hours and Hybrid Work Options

XX days paid annual holidays + public holidays.

Professional Development and Training Opportunities

Employee Assistance Program (EAP)

Diversity, Equity, and Inclusion Initiatives

Company Events and Team-Building Activities

Equal Opportunities Employer:

Hexaware Technologies is an equal opportunity employer. We are dedicated to providing a work environment free from discrimination and harassment. All employment decisions at Hexaware are based on business needs, job requirements, and individual qualifications. We do not discriminate based on race including colour, nationality, ethnic or national origin, religion or belief, sex, age, disability, marital status, sexual orientation, parental status, gender reassignment, or any other status protected by law. We encourage candidates of all backgrounds to apply.