Product Owner (Mortgage / Loan)

Sonata Software Overview
In today's market, there is a unique duality in technology adoption. On one side, extreme focus on cost containment by clients, and on the other, deep motivation to modernize their Digital storefronts to attract more consumers and B2B customers.

As a leading Modernization Engineering company, we aim to deliver modernization-driven hypergrowth for our clients based on the deep differentiation we have created in Modernization Engineering, powered by our Lightening suite and 16-step Platformation playbook. In addition, we bring agility and systems thinking to accelerate time to market for our clients.

Headquartered in Bengaluru, India, Sonata has a strong global presence, including key regions in the US, UK, Europe, APAC, and ANZ. We are a trusted partner of world-leading companies in BFSI (Banking, Financial Services, and Insurance), HLS (Healthcare and Lifesciences), TMT (Telecom, Media, and Technology), Retail & CPG, and Manufacturing space. Our bouquet of Modernization Engineering Services cuts across Cloud, Data, Dynamics, Contact Centers, and around newer technologies like Generative AI, MS Fabric, and other modernization platforms.

Title: Product Owner (Mortgage / Loan)
Location: Agoura Hills, CA (Onsite)
Type of Hire: Full Time

Job Description:
We are seeking a highly motivated and experienced Product Owner (PO) with strong expertise in the Mortgage domain, particularly in Loan Origination Systems (LOS). The ideal candidate will be responsible for owning and managing the product backlog, collaborating with stakeholders, and guiding development teams to deliver high-quality features that enhance the loan origination journey. This role bridges business needs and technology solutions, ensuring seamless, compliant, and customer-centric loan origination processes.

Key Responsibilities:

• Act as the primary liaison between business stakeholders and technical teams for all product-related matters.

• Own and maintain the product backlog.

• Define user stories, acceptance criteria, and prioritize features aligned with business goals.

• Work closely with business analysts, UX/UI designers, developers, testers, and scrum masters to ensure clear understanding and execution of requirements.

• Partner with mortgage operations, compliance, and sales teams to gather business needs and translate them into system enhancements.

• Ensure the LOS adheres to all regulatory guidelines such as TRID, RESPA, TILA, HMDA, and FHA/VA/Conventional loan requirements.

• Drive digital transformation initiatives in the loan origination journey (e.g., automation, e-signatures, borrower portals).

• Monitor and report on key metrics related to product performance and user satisfaction.

• Manage stakeholder expectations and provide visibility into product progress and roadmap.

• Conduct UAT (User Acceptance Testing) and facilitate go-live readiness.
  

Required Skills and Qualifications:

• 7 years of experience as a Product Owner or Business Analyst in the mortgage domain.

• In-depth knowledge of Loan Origination Systems (e.g., Encompass, Blend, Empower, Finastra, Mortgage Cadence).

• Solid understanding of end-to-end mortgage loan lifecycle, especially the origination phase (application, processing, underwriting, closing).

• Strong experience with Agile/Scrum methodologies and tools (JIRA, Confluence, etc.).

• Excellent communication and stakeholder management skills.

• Experience working with cross-functional teams in a fast-paced environment.

• Strong analytical and problem-solving skills.

Preferred Qualifications:

• Certified Scrum Product Owner (CSPO) or similar Agile certification.

• Familiarity with mortgage pricing engines, credit services integration, and compliance validation.

• Exposure to API integration, document management systems, and eMortgage capabilities.

• Experience working with consumer-facing platforms or mortgage point-of-sale (POS) systems.

• Knowledge of data quality, reporting, and dashboards in mortgage operations.

Why join Sonata Software?
At Sonata, you ll have an outstanding opportunity. The chance to use your skills and imagination to push the boundaries of what s possible. To build never seen before solutions to some of the world s toughest problems. You ll be challenged, but you will not be alone. You ll be joining a team of diverse innovators, all driven to go beyond the status quo to craft what comes next.

Sonata Software is an Equal Opportunity Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, national origin, gender identity, age, religion, disability, sexual orientation, veteran status, marital status, or any other characteristics protected by law.