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Product Manager
full-timePhoenix$65k - $130k

Summary

Location

Phoenix

Salary

$65k - $130k

Type

full-time

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About this role

Cognizant’s Engineering practice is seeking a highly skilled Product Manager to lead the end-to-end product strategy, execution, and delivery of the migration from the legacy authorization system to the new enterprise authorization platform. This role is responsible for defining product requirements, aligning cross-functional stakeholders, and ensuring successful transition of risk-related functions—including rules, models, controls, and decisioning workflows—to network-based or platform-native capabilities.

Work Model

We value flexibility and support a healthy work‑life balance through various well‑being programs.

This position follows a work Hybrid model and requires 3 days per week onsite at a Cognizant or client office in Phoenix AZ  

Cognizant will not sponsor H‑1B or other U.S. work authorization for this role.

Please note: A few of our roles may require in-person interviews at Cognizant offices or client locations, depending on project or client needs

In this role, you will:

Define the product vision, strategy, and multi-phase roadmap for migrating risk functionality from the legacy authorization platform to the new authorization system and/or network layers.

Identify modernization opportunities, including simplification, consolidation, performance improvements, and enhanced network-based risk decisioning.

Partner with Risk Technology, Network teams, Enterprise Architecture, and Data Strategy to shape long-term platform capabilities.

Develop detailed product requirements, user stories, acceptance criteria, and success metrics for authorization and risk features.

Map current legacy workflows and translate them into target-state capabilities on the new authorization system or network.

Lead migration planning including dependency assessment, sequencing, change-management strategy, and operational readiness.

Drive execution through agile ceremonies, backlog prioritization, and release planning. Support the team through the various migration phases (build, parallel test, ramp up, cutover, fallback and decommission)

Partner closely with engineering leaders to ensure timely delivery, high quality, and adherence to architectural standards.

Coordinate functional tests, performance validation, and end-to-end readiness assessments.

Facilitate alignment across domains on migration strategy, risk controls, customer impact, and timeline.

Communicate progress, risks, and mitigation plans to senior leadership.

What you need to have to be considered: 

5–8 years of Product Management experience, ideally in payments, risk systems, platform modernization, or large-scale technology transformation.

Proven experience driving cross-functional programs with complex dependencies.

Ability to translate technical concepts into clear business requirements and communicate with both engineering and leadership stakeholders.

Experience working in Agile development environments.

Data-oriented mindset with ability to define KPIs and use analytics to drive decision-making.

Salary and Other Compensation:

The annual salary for this position is between $65,000- $130,000 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.

Other facts

Tech stack
Product Management,Risk Systems,Platform Modernization,Technology Transformation,Agile Development,Data Analysis,Cross-functional Collaboration,Stakeholder Communication,Migration Planning,User Stories,Acceptance Criteria,Success Metrics,Workflow Mapping,Performance Validation,Change Management,KPI Definition

About Cognizant

Cognizant (Nasdaq-100: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life. See how at www.cognizant.com or @cognizant.

Team size: 10,001+ employees
LinkedIn: Visit
Industry: IT Services and IT Consulting

What you'll do

  • The Product Manager will lead the product strategy and execution for migrating risk functionality from a legacy authorization platform to a new system. This includes defining product requirements, aligning stakeholders, and ensuring a successful transition of risk-related functions.

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Frequently Asked Questions

What does Cognizant pay for a Product Manager?

Cognizant offers a competitive compensation package for the Product Manager role. The salary range is USD 65k - 130k per year. Apply through Clera to learn more about the full compensation details.

What does a Product Manager do at Cognizant?

As a Product Manager at Cognizant, you will: the Product Manager will lead the product strategy and execution for migrating risk functionality from a legacy authorization platform to a new system. This includes defining product requirements, aligning stakeholders, and ensuring a successful transition of risk-related functions..

Why join Cognizant as a Product Manager?

Cognizant is a leading IT Services and IT Consulting company. The Product Manager role offers competitive compensation.

Is the Product Manager position at Cognizant remote?

The Product Manager position at Cognizant is based in Phoenix, Arizona, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Product Manager position at Cognizant?

You can apply for the Product Manager position at Cognizant directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Cognizant on their website.