Cognizant

Consulting Manager, Commercial Banking Product Owner

Cognizant$110K — $126K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in consulting, particularly in commercial banking.
  • Expertise in leading design thinking workshops and process discovery.
  • Deep knowledge of commercial banking products, services, and regulatory considerations.
  • Proven ability to apply Lean and continuous improvement methodologies.
  • Strong stakeholder management and ability to influence across business and technology teams.

Responsibilities

  • Lead workshops and sessions for design thinking and process discovery.
  • Identify pain points using human-centered design and deliver business solutions.
  • Assess and map current processes and design improvements for efficiency.
  • Apply transformation methodologies to optimize workflows across banking products.
  • Pinpoint AI and data solutions to enhance decision-making and client experiences.
  • Collaborate with stakeholders to shape transformation initiatives and develop roadmaps.

Benefits

  • Comprehensive medical, dental, vision, and life insurance coverage.
  • Participation in a 401(k) plan with employer contributions.
  • Opportunities for employee stock purchase.
  • Access to employee assistance programs.
  • Generous paid holidays and PTO.
  • Paid parental leave and fertility assistance programs.
  • Learning and development opportunities, including certifications.
Full Job Description
Consulting Manager, Commercial Banking Product Owner

About the role

As a Commercial Banking Product Owner, you will make an impact by helping commercial banking clients solve complex business challenges through human-centered design, process transformation, and AI-enabled innovation. You will be a valued member of the Consulting team and work collaboratively with commercial banking stakeholders, business teams, technology partners, data teams, and cross-functional client groups.

In this role, you will:
  • Lead design thinking workshops, process discovery sessions, ideation, co-creation, and future-state visioning to help solve complex commercial banking business challenges.
  • Apply human-centered design principles to identify customer, colleague, and operational pain points, then translate insights into practical and innovative business solutions.
  • Assess and map current-state processes, customer journeys, and operating models, then design future-state processes that improve efficiency, client experience, colleague experience, and business performance.
  • Apply Lean, process excellence, and transformation methodologies to simplify, standardize, and optimize workflows across commercial banking products, services, and operations.
  • Identify opportunities to use AI, Generative AI, automation, and data-driven solutions to enhance productivity, decision-making, operating models, and client experiences.
  • Partner with commercial banking stakeholders, business leaders, technology teams, and data teams to shape transformation opportunities, develop roadmaps, build business cases, and align solutions to strategic priorities.

Work model

We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role's business requirements, this position requires 3 days a week in a client or Cognizant office in Chicago, Illinois. Regardless of your working arrangement, we are here to support a healthy work-life balance though our various wellbeing programs.

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 must have to be considered
  • Experience leading design thinking workshops, process discovery sessions, ideation, co-creation, or future-state visioning with cross-functional business and technology teams.
  • Experience assessing current-state processes, customer journeys, operating models, or business workflows and designing future-state solutions.
  • Commercial banking domain knowledge, including familiarity with banking products, services, operations, client journeys, colleague experiences, and regulatory considerations.
  • Experience applying Lean, process excellence, business transformation, or continuous improvement methods to simplify and optimize business operations.
  • Ability to partner with senior stakeholders, influence alignment across business and technology teams, and translate strategic priorities into transformation roadmaps and business cases.

These will help you succeed
  • Experience identifying or implementing AI, Generative AI, automation, or data-enabled opportunities within business processes or operating models.
  • Strong facilitation skills with the ability to lead workshops, guide executive conversations, and bring diverse teams together around a shared vision.
  • Ability to balance strategic thinking with practical execution, moving from discovery and pain point identification to actionable recommendations and measurable outcomes.
  • Consulting experience supporting financial services or commercial banking transformation programs.
  • Strong communication skills with the ability to simplify complex ideas and present recommendations clearly to business, technology, and leadership audiences.

We're excited to meet people who share our mission and can make an impact in a variety of ways. Don't hesitate to apply, even if you only meet the minimum requirements listed. Think about your transferable experiences and unique skills that make you stand out as someone who can bring new and exciting things to this role.

Compensation

The annual salary for this position is between $110,000 - $126,000, 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 and life insurance
  • 401(k) plan and contributions
  • Employee stock purchase plan
  • Employee assistance program
  • 10 paid holidays plus PTO
  • Paid parental leave and fertility assistance
  • Learning and development certifications and programs

Post closing date

Applications will be accepted until July 31 st , 2026.

About Cognizant

TriZetto is Powering Integrated Healthcare Management. With technology solutions touching more than half the U.S. population today, TriZetto is uniquely positioned to drive the convergence of core benefit administration, care management and constituent engagement. TriZetto provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.

Cognizant Careers

Join the vibrant team at Cognizant, a leading provider of information technology, consulting, and business process services. Cognizant is not just a company; it's a community where innovation, leadership, and diversity are valued and where every team member is encouraged to thrive.

Work You’ll Do

At Cognizant, we are dedicated to helping the world's leading companies build stronger businesses — not just for today but for the future. This commitment to growth and sustainability is what makes Cognizant a unique place to advance your career.

Explore Job Opportunities

Whether you're looking for an entry-level position or a more senior role, Cognizant offers a plethora of job opportunities that could be perfect for you. Our hiring process is designed to be transparent and engaging, ensuring that every candidate is able to showcase their skills and potential fully.

Innovative Work

Join a team where innovation is at the core of everything we do. Cognizant’s professionals are not just part of a company; they're part of a groundbreaking environment that combines technology, insights, and leadership to foster innovation across global industries.

Internship Programs

Kickstart your career with Cognizant’s internship programs. These opportunities allow you to gain hands-on experience, develop your professional skills, and network with experts in your field. An internship at Cognizant is a stepping stone to full-time employment and a chance to see how your studies apply in the real world.

Professional Growth and Development

Cognizant is committed to the professional growth of its employees. With access to cutting-edge training, leadership programs, and diversity initiatives, you can build a career that’s equipped for the demands of tomorrow’s business landscape.

Benefits and Culture

Our employees enjoy a range of benefits designed to support their physical, financial, and emotional well-being. Cognizant’s culture is built on a foundation of respect and inclusivity, where everyone’s contribution is valued. Join us and be part of a team that celebrates diversity and is driven to make a positive impact on the world.

Stay Connected

Join Our Team Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Ready to take the next step in your career journey? Explore the exciting employment and career opportunities waiting for you at Cognizant.

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Networking and Interviews

Enhance your career prospects at Cognizant through our robust networking events. Prepare your resume, sharpen your interview skills, and connect with leaders across the industry to unlock new career paths. At Cognizant, we don’t just offer jobs; we offer career journeys. Be part of a team that’s committed to your long-term career growth and professional development. Join Cognizant today and be a part of our success story.
Learn more about Cognizant
Size
340,400 employees
Market Cap
$28.7 billion
Industry
Net Income
$1.3 billion
Founded
1994
5 Year Trend
+6.5%
Revenue
$16.6 billion
NASDAQ

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