IT Product Owner

Bain & Company; Chicago (IL); Hybrid; USD 141,000 - 169,250; Full time

Benefits offered by this job

Annual discretionary performance bonus

401(k) with employer contribution

Employer-paid medical, dental, and vision insurance

Generous paid time off

Paid life and long-term disability insurance

Job summary

A leading consulting firm in Chicago is looking for a Product Owner to lead product delivery and adoption initiatives. The role involves collaborating closely with engineering, design, and business teams to translate customer needs into clear priorities and manage a well-defined product backlog. Ideal candidates have 5–8+ years of relevant experience in product management and a strong understanding of Agile methodologies. This position follows a hybrid model and offers a competitive salary with excellent benefits.

Qualifications

• 5–8+ years of relevant experience in product ownership or related field.
• Excellent communication skills, translating complex concepts into clear direction.
• Strong understanding of Agile product development practices.

Responsibilities

• Own the delivery and adoption of one or more products.
• Translate product strategy and roadmap into clear, actionable plans.
• Lead end-user communication, training, and adoption strategies.

Skills

Product ownership

Agile methodologies

Communication

Data analysis

Cross-functional collaboration

Education

Bachelor’s degree or equivalent experience

Job description

WHO YOU’LL WORK WITH

You’ll join our Technology Services Group (TSG), a team focused on building and delivering innovative, user‑centric digital products that power how Bain works. You’ll collaborate closely with cross‑functional stakeholders including engineering, design, and business teams to deliver high‑impact solutions that enhance productivity and drive business value across the firm.

WHERE YOU’LL FIT WITHIN THE TEAM

As a Product Owner, you will own the delivery and adoption of one or more products. You will act as the voice of the customer—translating business needs into clear priorities, maintaining a well‑defined product backlog, and ensuring teams are focused on delivering the highest‑value outcomes.

WHAT YOU’LL DO

Product Planning & Stakeholder Engagement

• Translate product strategy and roadmap into a clear, actionable plan
• Partner with business and technology stakeholders to align on priorities and drive informed decision‑making
• Develop a deep understanding of customer segments, needs, and value drivers
• Use data (KPIs, user feedback, pilots) to measure impact and continuously refine the roadmap
• Lead end‑user communication, training, and adoption strategies
• Collaborate with other product teams to create seamless, integrated user experiences

Product Delivery

• Inspire and guide product teams by clearly communicating vision and business value
• Own and continuously prioritize the product backlog to maximize outcomes
• Partner with engineering teams and vendors to deliver enhancements, releases, and optimizations
• Write user stories with clear acceptance criteria and actively participate in Agile ceremonies
• Support integration and usability improvements across systems and tools
• Manage contributors such as contractors or rotational team members, as needed

Domain Expertise

• Build and maintain expertise in both internal systems and external market trends
• Collaborate with technical teams to align product and technology strategies

ABOUT YOU

• 5–8+ years of relevant experience in product ownership, product management, or a related field
• Strong understanding of Agile methodologies and product development practices
• Proven ability to influence cross‑functional stakeholders and drive alignment
• Excellent communication skills, with the ability to translate complex concepts into clear direction
• Experience working hands‑on with software products, including defining requirements and resolving issues
• Demonstrated ability to prioritize effectively using data and business judgment
• Experience managing or collaborating with external vendors is a plus
• Bachelor’s degree or equivalent experience

ADDITIONAL INFORMATION

• This role follows a hybrid model, requiring in‑office presence during the week
• Willingness to travel as needed based on business and project requirements

U.S. Compensation Information

Compensation for this role includes base salary, annual discretionary performance bonus, 401(k) plan with an annual employer contribution based on years of service and Bain’s best‑in‑class benefits package.

Some local governments in the United States require a good‑faith, reasonable salary range to be included in job postings for open roles.

The estimated annualized compensation for this role is as follows:

• In Boston, MA, the good‑faith, reasonable annualized full‑time salary range for this role is between $147,250 – $176,750
• In Chicago, IL, the good‑faith, reasonable annualized full‑time salary range for this role is between $141,000 – $169,250

Actual compensation will vary based on experience, education, and other factors.

In addition, this role may be eligible for:

• Annual discretionary performance bonus
• Other elements of discretionary compensation
• 4.5% 401(k) company contribution (fully vested from day one, increasing with tenure)
• 100% employer‑paid medical, dental, and vision insurance for employees
• Generous paid time off, including parental leave and holidays
• Paid life and long‑term disability insurance