Product Owner/Product Manager

What the role needs

• Overseeing a portfolio of technology products from ideation to operation, including securing cross-functional alignment on project scope, benefits, cost, and timeline.
• Proactively understand business strategies, educate business stakeholders on existing technology capabilities, and influence/develop capability roadmaps and investment.
• Identifying current and emerging unmet business needs and evaluating technology solutions to balance short-term and long-term objectives.
• Proposing, initiating, and leading programs that transform the focus Business function’s processes or technology capabilities.
• Project intake, scope clarification, epic and story grooming, estimating, generating cost and timeline plans, defining UAT and testing strategy, release management, and overseeing engineering decisions.
• Supervising a matrix team of Product Analysts, Business Systems Analysts, Scrum Masters, Project Managers, Architects, Engineers, Testers to deliver technology products to the business.
• All BRM (business relationship management) activities, including serving as the single point of contact for initiatives in your portfolio.
• Making sure that as BTS we are consistent in applying our core capabilities to deliver technology solutions with speed, agility, and efficiency.
• Identifying re-use opportunities and proposing viable pilot and MVP solutions.
• Responsible for compliance with applicable Client Policies and procedures.
• Managing an IT investment budget of $25K to $1M.
• What you need to have to be considered

From the employer

About the role The Product Owner plays a crucial role in the technology product lifecycle leading the development and management of technology programs supporting Client’s Commercial Finance & Planning groups across the commercial Therapeutic business areas of Immunology, Oncology, Neuroscience, Eye care, and Specialty. This role entails having both a strategic as well as tactical mindset with a deep understanding of all aspects of the System Product lifecycle for the respective business areas while managing the product business requirements from concept to production launch. In this role, you will: · Overseeing a portfolio of technology products from ideation to operation, including securing cross-functional alignment on project scope, benefits, cost, and timeline. · Proactively understand business strategies, educate business stakeholders on existing technology capabilities, and influence/develop capability roadmaps and investment. · Identifying current and emerging unmet business needs and evaluating technology solutions to balance short-term and long-term objectives. · Proposing, initiating, and leading programs that transform the focus Business function’s processes or technology capabilities. · Project intake, scope clarification, epic and story grooming, estimating, generating cost and timeline plans, defining UAT and testing strategy, release management, and overseeing engineering decisions. · Supervising a matrix team of Product Analysts, Business Systems Analysts, Scrum Masters, Project Managers, Architects, Engineers, Testers to deliver technology products to the business. · All BRM (business relationship management) activities, including serving as the single point of contact for initiatives in your portfolio. · Making sure that as BTS we are consistent in applying our core capabilities to deliver technology solutions with speed, agility, and efficiency. · Identifying re-use opportunities and proposing viable pilot and MVP solutions. · Responsible for compliance with applicable Client Policies and procedures. · Managing an IT investment budget of $25K to $1M. At Cognizant, we strive to provide flexibility wherever possible, and we are here to support a healthy work-life balance though our various wellbeing programs. Based on this role’s business requirements, this is an onsite position requiring 5 days a week in a client or Cognizant office in Chicago, IL. The working arrangements for this role are accurate as of the date of posting. This may change based on the project you’re engaged in, as well as business and client requirements. Rest assured; we will always be clear about role expectations. What you need to have to be considered · Bachelor's Degree with 8 years’ experience; Master's Degree with 7 years’ experience; or PhD with 3 years’ experience. · Experience developing and/or managing the development of technology applications, regardless of tech stack. · Excellent communication and interpersonal skills, with a keen ability to build trust, listen, and ask effective questions with the goal of creating a scalable and reusable business solution along with forming effective partnerships. · Ability to interact with business leaders to demystify complex concepts without relying on technical language. · Thorough understanding of and hands-on experience with SLC (Software Life Cycle) phases, including Build and Run aspects of a Technology Product. · Demonstrable working knowledge of Agile methodology, process and ceremonies. · 1-2 years of experience managing or coaching cross-functional resources – employees or contract resources. · Ability to self-manage time and priorities. This will help you stand out · Understanding or experience within the life sciences and biopharmaceutical landscape, including role of manufacturers, providers, patients, payers, distributors and policy makers. · Understanding financial planning, forecasting and data management concepts and systems. · Demonstrable interest in technology trends and application of technology to improve end user’s experience through innovation or disruption. · Experience in leading and managing Agile teams and/or projects. · Hands on experience with JIRA, Confluence, ServiceNow and Smartsheet. Salary and Other Compensation : Applications will be accepted until November 20, 2026. The annual salary for this position is between $100,000 - $135,000 depending on experience and other qualifications of the successful candidate. This position is also eligible for Cognizant’s discretionary annual incentive program, based on performance and subject to the terms of Cognizant’s applicable plans. Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements: · Medical/Dental/Vision/Life Insurance · Paid holidays plus Paid Time Off · 401(k) plan and contributions · Long-term/Short-term Disability · Paid Parental Leave · Employee Stock Purchase Plan Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law. Additional employment information Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law. Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview. Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws. Applicants for US based positions must be currently authorized to work for any employer in the United States. The company is unable to provide employment-based immigration sponsorship for US based positions. If you have a disability that requires reasonable accommodation to search for a job opening or submit an application, please email CareersNA2@cognizant.com for roles based in the Americas or CareersIndia2@cognizant.com for roles based in India. About Cognizant: Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at cognizant.ai or @cognizant.