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Product Owner Senior Consulting Manager

February 19, 2026

About Cognizant Consulting

Cognizant Consulting is more than Cognizant’s consulting practice—we’re a global community of 5,000+ experts dedicated to helping clients reimagine their business. Blending our deep industry and technology advisory capability, we create innovative business solutions for Fortune 500 clients. And now, we’re looking for our next colleague who’ll join us in shaping the future of business. Could it be you?

About the Role

As a Product Owner – Market & Counterparty Credit Risk, you will make an impact by defining, prioritizing, and delivering Market Risk capabilities that support regulatory compliance, effective risk management, and business outcomes for large, regulated banking clients.

You will be a valued member of our Banking & Financial Services Consulting team and work collaboratively with Market Risk stakeholders, Treasury, Finance, Model Risk, Compliance, Technology teams, and delivery partners. This role owns the product vision, roadmap, and backlog for Market Risk solutions and ensures regulatory and business requirements are translated into a prioritized, value‑driven delivery plan within an agile, regulated environment.

In This Role, You Will

Own the product vision, roadmap, and priorities for Market Risk and Counterparty Credit Risk capabilities, ensuring alignment with regulatory expectations and business objectives
Lead delivery across Market Risk domains including Trading Book risk, CCR, CCAR, IRRBB, VaR, stress testing, and FRTB‑related requirements
Translate regulatory, risk, and business needs into a prioritized, value‑driven product backlog, balancing regulatory urgency, risk materiality, and technical dependencies
Serve as the primary business owner and decision maker, partnering with senior stakeholders across Market Risk, Treasury, Finance, Model Risk, Compliance, and Technology
Drive agile execution by partnering with Scrum Masters and delivery teams, participating in key ceremonies, and accepting or rejecting work based on defined acceptance criteria and regulatory intent
Leverage data and analytics insights to guide prioritization, enhancements, and remediation across Market Risk metrics, reporting, and controls
Provide leadership across cross‑functional and onshore/offshore teams while ensuring strong product governance, audit readiness, and delivery transparency

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 is a position requires 3 days a week in a client Tulsa, OK or Dallas, TX. Regardless of your working arrangement, we are here to support a healthy work-life balance though our various wellbeing programs.

What You Must Have to Be Considered

10–12 years of experience in banking or financial services, with strong exposure to Market Risk
Proven experience as a Product Owner or Product Manager within a regulated environment
Deep understanding of:
- Market Risk and Trading Book risk
- Counterparty Credit Risk (CCR)
- CCAR Market Risk components
- IRRBB, VaR, and stress testing
- FRTB concepts and regulatory implications
Demonstrated ability to translate regulatory and business needs into a prioritized product backlog
Experience working with technology, data, and risk platforms
Strong stakeholder management, decision‑making, and communication skills, with the ability to engage senior leaders

These will help you succeed

· Prior consulting experience supporting Tier 1 or global banking clients

· Experience working within large‑scale agile delivery programs

· Exposure to cloud‑based risk platforms or modern data architectures

Compensation

$134,500-$158,500

This position is eligible for Cognizant’s discretionary annual incentive program, based on performance and subject to the terms of Cognizant’s applicable plans

Benefits

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 02/27/2026.

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Common Interview Questions And Answers

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