Diamondback Energy Inc

AI Product Owner - Corporate Functions

Diamondback Energy Inc$110K — $130K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Finance, Business, Accounting, Information Systems, or a related field.
  • 5+ years of experience in corporate functions for oil and gas or a regulated industry.
  • Proven leadership in cross-functional technology and business transformation initiatives.
  • Capability to translate business needs into clear requirements and measurable outcomes.
  • Familiarity with enterprise business, data, or reporting systems.
  • Experience in delivering AI, machine learning, automation, data, or analytics products.

Responsibilities

  • Partner with stakeholders to evaluate and prioritize AI and automation opportunities based on business value and feasibility.
  • Define business problems, product vision, user workflows, and expected outcomes in collaboration with business sponsors.
  • Lead product discovery to validate business needs and potential solutions using prototyping and user testing.
  • Translate business needs into product requirements, user stories, and success criteria.
  • Manage the product backlog and lead user acceptance testing; make decisions on product scope and priorities.
  • Coordinate with technology, legal, and data teams to ensure compliance and responsible AI solutions.
  • Monitor post-launch product performance for continuous improvement based on user feedback and outcomes.

Benefits

  • Opportunity to work on innovative AI products.
  • Collaborative environment with cross-functional teams.
  • Engagement in business transformation initiatives.
  • Focus on continuous improvement and user adoption.
  • Involvement in product lifecycle from discovery to deployment.
Full Job Description
Summary: The AI Product Owner – Corporate Functions serves as the primary business representative for Artificial Intelligence (AI) products supporting Diamondback Energy’s Finance, Land, Legal, and Human Resources functions. This role owns the product outcome lifecycle from opportunity identification and discovery through prioritization, product definition, business validation, adoption, value realization, and continuous improvement. The Product Owner partners with AI Engineering & Delivery and other technology teams for technical feasibility, solution engineering, productionization, deployment, and technical operations. The Product Owner combines business knowledge, product ownership skills, and AI fluency to deliver responsible solutions that improve processes, decision-making, compliance, and operational efficiency. Job Responsibilities: Include but are not limited to • Partner with stakeholders to understand business processes, user needs, data requirements, controls, and challenges, and identify, evaluate, and prioritize AI and automation opportunities based on business value, feasibility, risk, and strategic alignment. • Own the business problem definition, product vision, target users and workflows, value hypothesis, roadmap, priorities, success measures, and expected business outcomes, partnering with business sponsors and the AI Value & Economics Lead to establish baseline performance and the approach for measuring realized outcomes before significant investment. • Lead product discovery to validate the business problem, user needs, workflows, constraints, value hypothesis, and solution approaches before significant production investment, using rapid prototypes, workflow simulations, data exploration, user testing, vendor capability assessment, and other lightweight experiments to reduce uncertainty and inform product decisions. • Translate business needs into clear product requirements, user stories, success criteria, acceptance criteria, and AI quality expectations. • Manage the product backlog and make product scope and priority decisions; lead business validation and user acceptance testing; and hold product acceptance decision rights against defined requirements, acceptance criteria, user needs, and expected business outcomes. • Partner with technology, data, security, governance, legal, and risk teams to deliver scalable solutions that meet responsible AI, confidentiality, and compliance requirements. • Represent stakeholder needs, coordinate cross-functional dependencies, and support user readiness and adoption. • Own post-launch product performance and continuous improvement by monitoring adoption, AI performance, business outcomes, realized value, user feedback, and relevant risk measures, and prioritize the changes needed to improve product outcomes. Required Qualifications: • Bachelor’s degree in Finance, Business, Accounting, Information Systems, or a related field • 5+ years of experience supporting corporate functions in oil and gas or another regulated industry • Experience leading cross-functional technology, process improvement, or business transformation initiatives • Experience translating business needs into clear requirements, priorities, and measurable outcomes • Experience working with enterprise business, data, or reporting systems • Experience delivering AI, machine learning, automation, data, or analytics products from concept through adoption Preferred Qualifications: • Direct Product Owner experience managing product roadmaps, backlogs, user stories, and acceptance criteria in an Agile environment • Experience using AI-enabled rapid product discovery techniques, including prototyping, user testing, workflow simulation, data exploration, or lightweight experimentation to test assumptions and reduce uncertainty before development. • Knowledge of AI model evaluation, enterprise data practices, responsible AI governance, and risk controls • Experience leading digital transformation or change adoption across multiple corporate functions • Experience with platforms such as SAP, Workday, Enverus, Bloomberg, Snowflake, or Power BI

About Diamondback Energy Inc

Diamondback Energy is an independent oil and natural gas company headquartered in Midland, TX. Diamondback’s growth strategy is focused on the acquisition, development, exploration and exploitation of unconventional, long-life, onshore oil and natural gas reserves in the major oil producing Permian Basin in West Texas. The Company’s operations are directed primarily at the large acreage areas of the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations, collectively known as the Wolfberry Trend.

Diamondback Energy Inc Careers

Join the dynamic team at Diamondback Energy Inc, a leader in the energy sector, where innovation, leadership, and a commitment to sustainability power our success. As we expand our operations, there has never been a better time to explore job opportunities with us.

Work You’ll Do

At Diamondback Energy Inc, you will be part of a professional community that values growth, diversity, and leadership. Our team is dedicated to fostering an inclusive culture that thrives on innovation and operational excellence. We offer a range of career paths, from engineering to business management, each with comprehensive benefits and opportunities for professional development.

Transform Your Career

Lead the change in the energy industry with Diamondback Energy Inc. Our company is at the forefront of developing efficient and sustainable energy solutions. By joining our team, you will collaborate with skilled professionals and leaders who are committed to making a significant impact in the energy sector.

Innovative Work Environment

Diamondback Energy Inc is home to a culture of innovation where your ideas can flourish. We are constantly seeking new strategies to enhance our operations and drive growth. With state-of-the-art technology and resources, our team is equipped to tackle challenges and push the boundaries of what's possible in the energy industry.

Career Development and Benefits

We believe in nurturing our team's potential by offering robust training programs, including leadership and diversity training. Our employees enjoy competitive benefits, a supportive work environment, and opportunities for career advancement. At Diamondback Energy Inc, your hard work is recognized and rewarded.

Internship Programs

Kickstart your career with Diamondback Energy Inc’s internship programs. Gain invaluable industry experience, develop your skills, and build a network of professionals. Our internships provide a solid foundation for a successful career in the energy sector.

Join Our Team

Explore the various positions available at Diamondback Energy Inc and find where your skills and interests align with our needs. We are hiring motivated individuals who are ready to contribute to our mission and embrace the challenges of the energy industry.

Stay Connected

Keep up to date with the latest news, job opportunities, and industry insights at Diamondback Energy Inc. Join our network, engage with our community, and discover how you can make a difference in the energy sector.

Apply Now

Ready to take the next step in your career? Check out the open positions on our Jobs page, tailor your resume, and prepare for an interview that could lead to your future role at Diamondback Energy Inc. We are excited to see how your vision, skills, and dedication can contribute to our continued success.

Explore Diamondback Energy Inc Careers

With a commitment to innovation, leadership, and diversity, Diamondback Energy Inc is the perfect place to grow your career. Join us in shaping the future of energy. [SEARCH DIAMONDBACK ENERGY JOBS](#) Stay ahead in your career with Diamondback Energy Inc, where we value every team member's contribution towards our collective goals.
Learn more about Diamondback Energy Inc
Size
870 employees
Market Cap
$23.4 billion
Industry
Net Income
-$4.5 billion
Founded
2007
5 Year Trend
+66.8%
Revenue
$2.8 billion
NASDAQ

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