1. What is a Product Manager at Voya Financial?

As a Product Manager—specifically operating as an Investment Management Product Owner—you are at the intersection of financial strategy and technology execution at Voya Financial. This role is vital to our mission of helping clients achieve their financial goals, as you will directly shape the platforms and tools used by our investment professionals, portfolio managers, and trading desks. You are the bridge that translates complex financial concepts into actionable, scalable software solutions.

Your impact in this position is both immediate and far-reaching. By optimizing our investment management systems, you enable our teams to make faster, more data-driven decisions in a highly regulated and competitive market. You will manage the product lifecycle for mission-critical applications, ensuring that our technology infrastructure can handle the massive scale and complexity of Voya Financial's asset management portfolios.

Expect a role that challenges you to balance strategic vision with tactical, day-to-day agile execution. You will work closely with engineering, compliance, and business stakeholders in our New York office to navigate problem spaces like trade order management, portfolio analytics, and regulatory reporting. This is not just a standard software product role; it is an opportunity to drive digital transformation within a premier financial institution.

2. Common Interview Questions

While you should not memorize answers, reviewing common question patterns will help you structure your thoughts. These questions are representative of what candidates face during the Product Manager loop at Voya Financial.

Domain & Technical Product Questions

These questions test your understanding of financial technology and your ability to build software for complex investment workflows.

• Walk me through the lifecycle of a trade and identify where technology can reduce operational risk.
• How would you approach modernizing a legacy portfolio management system?
• Can you explain a complex financial concept to me as if I were a junior software engineer?
• What metrics would you use to measure the success of a new internal trading dashboard?
• Tell me about a time you had to integrate a third-party financial data API into your product.

Agile Execution & Prioritization

These questions evaluate your day-to-day effectiveness as a Product Owner.

• How do you balance the need for new business features with the engineering team's request to address technical debt?
• Describe your process for taking a high-level business epic and breaking it down into sprint-ready user stories.
• Tell me about a time a sprint failed to deliver its intended value. What happened, and what did you learn?
• How do you handle a situation where stakeholders continuously try to add scope mid-sprint?
• Walk me through how you define "Done" for a highly regulated financial feature.

Behavioral & Stakeholder Management

These questions assess your leadership, communication, and cultural fit.

• Tell me about a time you had to say "no" to a senior executive's feature request. How did you handle it?
• Describe a situation where you had to lead a team through a period of extreme ambiguity.
• How do you build trust with an engineering team that you have just started working with?
• Tell me about a time you made a product decision that turned out to be wrong. How did you pivot?
• Give an example of how you aligned two stakeholders who had completely opposing views on the product roadmap.

3. Getting Ready for Your Interviews

Preparing for your interviews at Voya Financial requires a strategic approach. We want to see how you think, how you collaborate, and how you handle the unique pressures of the financial technology sector.

Focus your preparation on these key evaluation criteria:

• Domain Expertise (Investment Management) – We evaluate your understanding of financial markets, asset classes, and the software ecosystem that supports portfolio management. You can demonstrate strength here by speaking fluently about trade lifecycles, risk management, and financial data structures.
• Product Execution & Agile Mastery – As a Product Owner, your ability to manage backlogs, write precise user stories, and lead sprint ceremonies is critical. Interviewers will look for evidence that you can prioritize ruthlessly and deliver iterative value to business stakeholders.
• Stakeholder Management & Influence – You will navigate competing priorities from engineers, quantitative analysts, and compliance officers. Show us how you build consensus, communicate trade-offs clearly, and push back professionally when necessary.
• Problem-Solving Ability – We assess how you approach ambiguous business challenges and translate them into structured technical requirements. Strong candidates use data to validate their assumptions and map out clear, logical solutions.

4. Interview Process Overview

The interview loop for an Investment Management Product Owner at Voya Financial is designed to be thorough but respectful of your time. The process typically begins with an initial screening call with our Talent Acquisition team, where we assess your baseline experience, compensation expectations, and cultural alignment. This is a conversational round meant to ensure your background aligns with the core requirements of our investment technology teams.

If you move forward, you will meet with the Hiring Manager. This round focuses heavily on your past experiences, specifically diving into your track record of delivering financial software or managing complex product backlogs. Following this, you will advance to a cross-functional panel interview. During the panel stage, you will speak with engineering leads, peer product managers, and key business stakeholders. This stage is rigorous and assesses your ability to communicate across different disciplines, manage stakeholder expectations, and demonstrate your agile methodology expertise.

Our interviewing philosophy emphasizes collaboration, regulatory awareness, and user-centric problem solving. Unlike consumer tech companies that may ask abstract brain-teasers, Voya Financial focuses on highly realistic, scenario-based questions drawn from the actual challenges our investment teams face daily.

This visual timeline outlines the progression from your initial recruiter screen through the final cross-functional panel interviews. Use this map to pace your preparation, focusing heavily on your behavioral examples early on, and shifting toward deep domain and stakeholder scenarios as you approach the final rounds. Expect the entire process to move steadily, with clear communication from our team at each transition.

5. Deep Dive into Evaluation Areas

To succeed, you need to understand exactly what our interviewers are looking for. Below is a detailed breakdown of the core competencies evaluated during the Product Manager loop.

Domain Knowledge and Financial Acumen

• Why this area matters: Voya Financial operates in a highly regulated and complex industry. You must understand the business language of your users—portfolio managers and traders—to build effective tools for them.
• How it is evaluated: Interviewers will ask about your experience with financial systems, data feeds, and investment workflows.
• What strong performance looks like: A standout candidate can easily explain complex financial workflows (like trade execution or reconciliation) and how technology solves bottlenecks in those processes.

Be ready to go over:

• Trade Order Management – Understanding how orders are generated, routed, and executed.
• Portfolio Analytics – Familiarity with the data points required to assess risk and performance.
• Regulatory Compliance – Knowing how to build audit trails and ensure software meets financial industry regulations.
• Advanced concepts (less common) –
  • Integration with third-party financial data providers (e.g., Bloomberg, Refinitiv).
  • Specific knowledge of fixed income vs. equity trading workflows.

Example questions or scenarios:

• "Walk me through a time you had to build a feature that required strict regulatory compliance. How did you ensure it met all legal standards?"
• "How would you design a dashboard for a portfolio manager who needs to monitor real-time risk exposure?"

Agile Execution and Backlog Management

• Why this area matters: As a Product Owner, you are the engine of the development team. Your ability to organize work directly impacts engineering velocity.
• How it is evaluated: Expect deep dives into your daily routines, how you write requirements, and how you handle sprint disruptions.
• What strong performance looks like: You provide concrete examples of transforming vague business requests into highly detailed, actionable epics and user stories.

Be ready to go over:

• User Story Creation – Writing clear acceptance criteria and defining the "Definition of Done."
• Prioritization Frameworks – Using frameworks like RICE or MoSCoW to make objective decisions.
• Sprint Ceremonies – Leading backlog grooming, sprint planning, and retrospectives effectively.
• Advanced concepts (less common) –
  • Scaling agile across multiple distributed engineering teams.
  • Transitioning teams from legacy waterfall processes to agile methodologies.

Example questions or scenarios:

• "Tell me about a time when your sprint was interrupted by an urgent production issue. How did you handle the scope change?"
• "How do you prioritize your backlog when the engineering lead wants to focus on technical debt, but the business stakeholders are demanding new features?"

Stakeholder Management and Cross-Functional Leadership

• Why this area matters: You will sit at the center of business, technology, and compliance. Aligning these diverse groups is critical to product success.
• How it is evaluated: Behavioral questions focused on conflict resolution, communication, and influence without direct authority.
• What strong performance looks like: Demonstrating high emotional intelligence, active listening, and the ability to use data to de-escalate emotional debates over product direction.

Be ready to go over:

• Managing Expectations – Saying "no" constructively and maintaining trust.
• Cross-functional Communication – Translating technical constraints to business leaders and business goals to engineers.
• Navigating Ambiguity – Moving projects forward when requirements from stakeholders are unclear or conflicting.

Example questions or scenarios:

• "Describe a situation where you had a fundamental disagreement with a key business stakeholder regarding the product roadmap. How did you resolve it?"
• "How do you ensure that your engineering team understands the 'why' behind the features they are building?"

6. Key Responsibilities

As an Investment Management Product Owner at Voya Financial, your day-to-day work is dynamic and highly collaborative. Your primary responsibility is to serve as the voice of the customer—in this case, our internal investment teams—and translate their strategic needs into a prioritized, actionable product backlog. You will spend a significant portion of your week meeting with portfolio managers to understand their pain points, whether that involves improving trade execution speed, enhancing data visualization, or automating manual reconciliation tasks.

You will work hand-in-hand with engineering pods to bring these solutions to life. This involves leading standard agile ceremonies, including daily stand-ups, backlog refinement, and sprint planning. You are responsible for writing detailed user stories, defining clear acceptance criteria, and making real-time decisions to unblock developers. Your engineers will rely on you to shield them from scope creep while ensuring they are building exactly what the business needs.

Beyond execution, you will drive the broader product vision for your specific domain. This requires you to coordinate with adjacent teams, such as compliance, risk management, and operations, to ensure that every release is secure, compliant, and seamlessly integrated into our broader technology ecosystem. You will regularly present roadmap updates to senior leadership, demonstrating how your product increments are driving efficiency and supporting Voya Financial's overall investment strategy.

7. Role Requirements & Qualifications

To be highly competitive for this role, candidates must demonstrate a strong blend of product management fundamentals and financial services expertise.

• Must-have skills –
  • Proven experience as a Product Manager or Product Owner in an agile software development environment.
  • Deep domain knowledge in financial services, specifically within asset management, wealth management, or capital markets.
  • Exceptional ability to write technical requirements, user stories, and acceptance criteria.
  • Strong stakeholder management skills, with a track record of aligning business and engineering teams.
• Nice-to-have skills –
  • Certified Scrum Product Owner (CSPO) or Professional Scrum Product Owner (PSPO) certifications.
  • Familiarity with industry-standard investment platforms (e.g., Aladdin, Charles River, or similar order management systems).
  • A technical background (e.g., a degree in Computer Science or past experience as a developer or systems analyst).
  • Experience working specifically in the New York financial tech ecosystem.

8. Frequently Asked Questions

Q: How difficult is the interview process, and how much should I prepare? The process is rigorous but fair, focusing heavily on your actual experience rather than abstract puzzles. Expect to spend 10-15 hours preparing, with a strong focus on structuring your behavioral stories using the STAR method and reviewing core investment management concepts.

Q: What differentiates successful candidates for this role? Successful candidates seamlessly blend technical execution with financial fluency. They don't just know how to run a sprint; they deeply understand why a portfolio manager needs a specific feature and can articulate the business value clearly to engineers.

Q: What is the culture like at Voya Financial for product teams? Voya Financial is known for a highly collaborative, stable, and respectful culture. We value work-life balance and long-term strategic thinking over burnout-inducing crunch cultures. You will find that management is supportive and encourages continuous learning.

Q: What is the typical timeline from the initial screen to an offer? The end-to-end process typically takes between 3 to 5 weeks. We strive to provide timely feedback after each round to keep candidates informed of their standing.

Q: What are the working arrangements for this New York-based role? This role is based in our New York, NY office and typically operates on a hybrid schedule. You should expect to be in the office a few days a week to foster in-person collaboration with key investment stakeholders and engineering leads.

9. Other General Tips

• Speak Both Languages: You must prove that you can talk about asset classes and risk models with business leaders, and then pivot to discussing API endpoints and database schemas with your engineering leads.
• Structure Your Answers: Always use the STAR method (Situation, Task, Action, Result) for behavioral questions. Be specific about your individual contribution, using "I" instead of "We" when describing actions taken.
• Highlight Regulatory Awareness: In financial services, compliance is not an afterthought—it is a feature. Whenever discussing product design or execution, mention how you incorporate security, auditability, and regulatory checks into your requirements.

• Ask Insightful Questions: Use the time at the end of the interview to ask deep, domain-specific questions. Ask about the specific challenges their portfolio managers are facing today, or how the engineering teams are structured. This shows genuine interest and business acumen.

10. Summary & Next Steps

Stepping into the role of Investment Management Product Owner at Voya Financial is a unique opportunity to drive meaningful technological change within a leading financial institution. You will be empowered to build products that directly influence how billions of dollars are managed, working alongside a talented team of engineers and financial experts.

The compensation data above reflects the targeted base salary range for this specific role in the New York market. When evaluating this range, keep in mind that Voya Financial also offers a comprehensive benefits package, performance-based incentives, and a strong commitment to work-life balance that adds significant overall value to your total rewards.

To succeed in your interviews, focus on demonstrating your dual expertise in agile product execution and investment management. Be ready to share concrete stories of how you have navigated complex stakeholder landscapes, prioritized ruthlessly, and delivered resilient software. Remember that preparation is the key to confidence. Take the time to refine your narratives, and you will be in a strong position to showcase your true potential. For more insights, practice scenarios, and peer experiences, continue exploring resources on Dataford. You have the skills and the background—now go in there and show our team exactly what you can build!