Senior AI/ML Engineering Manager

$148K - $178K Chicago, IL, US Senior AI Engineering Manager

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Skills & Technologies

AwsDockerKubernetesLangchainLlamaindexMlflowPythonRag

About This Role

AI job market dashboard showing open roles by category

WHAT MAKES US A GREAT PLACE TO WORK

We are proud to be consistently recognized as one of the world’s best places to work. We are currently the top ranked consulting firm on Glassdoor’s Best Places to Work list and have earned the \#1 overall spot a record seven times.

Extraordinary teams are at the heart of our business strategy, but these don’t happen by chance. They require intentional focus on bringing together a broad set of backgrounds, cultures, experiences, perspectives, and skills in a supportive and inclusive work environment. We hire people with exceptional talent and create an environment in which every individual can thrive professionally and personally.

WHO YOU’LL WORK WITH

As the premier consulting partner for the private equity industry, Bain's PEG boasts a global practice that is over three times larger than any competitor. Our network of over 1,000 professionals supports private equity and institutional investor clients through every stage of the investment life cycle, from deal generation and due diligence to portfolio value creation and exit planning.

Bain \& Company is developing a suite of cutting\-edge data and software solutions designed to revolutionize how the private equity industry uses data for investment insights and decision\-making.

The PEG Innovation team's mission is to create analytical solutions for Bain clients, teams, and the broader institutional investor space using proprietary software and data products. This includes the development, commercialization, and daily management of Bain's proprietary datasets, data, and software businesses.

WHERE YOU’LL FIT WITHIN THE TEAM

Senior AI/ML Engineering Managers lead the Data and ML Engineering function for the Diligence Platform: they own the people, delivery, and technical direction of the teams that build feature and embedding pipelines, model serving and LLMOps infrastructure, and production RAG and retrieval systems. You manage and develop a team of Data and ML Engineers — hiring, coaching, performance management, and career growth — while owning the roadmap, delivery commitments, and operational health of everything the team ships. You remain hands\-on where it matters most: setting architectural direction, prototyping hard problems, reviewing critical code, and stepping into individual contribution when delivery, incidents, or complexity demand it. You partner with Data Science, the Agent / AI squad, Product, and Platform leadership to translate platform strategy into staffed, sequenced, and measurable engineering work. This is a player\-coach role: the team’s output, reliability, and engineering standards are the measure of success.

WHAT YOU'LL DO

Team Leadership and Engineering Management (50%)

  • Manage a team of Data and ML Engineers: hiring and onboarding, goal setting, coaching, performance management, and career development.
  • Own delivery for the team’s roadmap: scope and sequence work, set realistic commitments, track progress, and remove blockers before they become escalations.
  • Set and enforce engineering standards across data and ML systems — testing, typing, observability, runbooks, and SLAs — and hold the team to production quality from the first commit.
  • Own the operational health of the team’s systems: on\-call and incident response ownership, post\-incident reviews, and follow\-through on reliability and cost improvements.
  • Allocate capacity across pipeline, serving, retrieval, and evaluation workstreams; balance feature delivery against platform and technical\-debt investment.
  • Partner with Data Science, the Agent / AI squad, Product, and Platform leadership to translate platform strategy into staffed, sequenced engineering work with clear ownership.
  • Grow senior engineers into technical leaders: delegate architectural ownership, coach through design review, and build bench depth behind every critical system.
  • Communicate roadmap, trade\-offs, risks, and delivery status to platform leadership and non\-technical stakeholders.

Hands\-On Engineering and Technical Direction (35%)

  • Set architectural direction for the platform’s data, serving, and retrieval systems; own design review and the build\-versus\-buy calls that follow.
  • Contribute directly to production code where depth or delivery pressure requires it: inference and serving systems, model and prompt lifecycle in MLflow, LLMOps tooling, and RAG and retrieval pipelines.
  • Prototype hard or ambiguous problems personally to de\-risk them before handing an established pattern to the team.
  • Own the evaluation and monitoring bar for production ML: golden datasets, metric definitions, regression gates in CI, and drift and hallucination monitoring.
  • Review critical pull requests and lead incident response on the highest\-severity production ML and data issues.

Other (15%):

  • Contribute to platform\-wide engineering standards, repository conventions, and interviewing and hiring loops beyond the immediate team.
  • Mentor senior and mid\-level engineers and Data Scientists on production ML, LLMOps, and data engineering practice.
  • Set the team’s standards for AI\-assisted development: how coding assistants are used, and how generated code is reviewed before it enters the codebase.
  • Use LLMs to generate first\-draft documentation, runbooks, and status and evaluation reports; validate and refine outputs before publishing.

ABOUT YOU

  • Bachelor’s degree in Computer Science, Engineering, Machine Learning, Data Science, Statistics, or a related field (or equivalent practical experience).
  • 8\+ years of experience building and operating production data and ML systems, including model deployment, serving, and post\-deployment monitoring.
  • 3\+ years of direct people\-management experience leading data, ML, or platform engineers, including hiring, performance management, and career development.
  • Demonstrated experience owning delivery for a team: roadmap planning, capacity allocation, and accountability for commitments and operational health.
  • Demonstrated experience owning the model and prompt lifecycle end\-to\-end (packaging, registry, promotion, rollout, monitoring, and rollback).
  • Demonstrated experience building and operating production RAG or retrieval systems end\-to\-end, from embedding and retrieval through re\-ranking and evaluation.
  • Experience setting architectural direction across data and ML systems and leading design review for a team of engineers.
  • Experience partnering with Data Science, Product, and platform leadership to translate strategy into staffed, sequenced engineering work.
  • Strong Python for production ML, with the technical depth to contribute code and review critical pull requests while managing.
  • Experience working in a modern cloud ML platform environment (Databricks or AWS), including managed training / serving and governed model access.

Leadership and people management

  • Builds and develops high\-performing engineering teams: hires well, sets clear expectations, gives direct feedback, and manages underperformance early.
  • Delivery management: decomposes ambiguous platform goals into sequenced, owned, and estimable engineering work.
  • Coaches through design and code review rather than taking over; delegates architectural ownership deliberately.
  • Operates as the accountable owner for team systems: on\-call structure, incident process, post\-incident follow\-through, and cost and reliability targets.
  • Communicates clearly upward and across: trade\-offs, risk, and delivery status framed for both engineers and non\-technical stakeholders.

ML engineering / LLMOps

  • Strong Python: ML and serving code written to production engineering standards (type hints, Pydantic, pytest, Ruff, mypy strict).
  • MLflow: experiment tracking, model registry, custom model flavours, promotion workflows, and model serving configuration.
  • LLMOps tooling: prompt and instruction versioning, model gateways (e.g., Portkey), inference orchestration frameworks (LangChain, LlamaIndex, or equivalent), and response caching.
  • Model serving and inference optimisation: request batching, concurrency and throughput tuning, latency budgeting, and awareness of quantisation and hardware trade\-offs.
  • RAG pipeline engineering: chunking strategies, contextual embedding, hybrid retrieval, cross\-encoder re\-ranking, and context assembly.
  • Data engineering breadth: batch and streaming pipelines, orchestration, data quality, and feature and embedding pipeline design at scale.
  • Model evaluation and monitoring: golden datasets, metric definition, calibration, LLM\-as\-judge, regression gates in CI, and production drift monitoring.
  • Docker and Kubernetes, and infrastructure familiarity: able to review ML\-serving infrastructure (IAM roles, model endpoints, GPU / CPU workloads) provisioned via Terraform.

Generative AI and agentic systems

  • Owns the team’s inference and retrieval services that feed agent workflows as structured tool responses consumed by the Agent Gateway.
  • Sets the RAG quality bar: embedding and retrieval strategy, and recall / precision and groundedness benchmarks the team is held to.
  • Directs use of LLM\-as\-judge patterns in evaluation pipelines where qualitative criteria are required.
  • Builds feedback\-to\-evaluation and feedback\-to\-training\-data loops from production signals, and staffs the work to sustain them.

General

  • Treats every ML system as a production system from the first commit: tests, observability, a runbook, and an SLA are not optional — and holds the team to the same bar.
  • Raises model quality, reliability, and delivery risks proactively; does not wait for users or leadership to surface them.
  • Sets the standard for AI\-assisted development: uses AI tooling to move faster, but reviews all generated code and documentation critically before it enters the codebase.
  • Strong communication skills; able to explain retrieval\-quality, latency, cost, and staffing trade\-offs to engineers, senior stakeholders, and non\-technical audiences.
  • This role follows a hybrid model, requiring in\-office presence at least 1 day per week

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 (details listed below).

Some local governments in the United States require a good\-faith, reasonable salary range be included in job postings for open roles. The estimated annualized compensation for this role is as follows:

In Atlanta, the good\-faith, reasonable annualized full\-time salary range for this role is between $148,500 \- $162,000

In Texas, the good\-faith, reasonable annualized full\-time salary range for this role is between $155,875 \- $170,000

In Chicago, the good\-faith, reasonable annualized full\-time salary range for this role is between $163,375 \- $178,250

Placement within these ranges will vary based on factors such as experience, education, training, and skill level.

Compensation also includes a discretionary annual performance bonus, 401(k) plan with employer contribution, and Bain’s best\-in\-class benefits—including full premium coverage for medical, dental, and vision, generous paid time off, and more.

Annual discretionary performance bonus

This role may also be eligible for other elements of discretionary compensation

4\.5% 401(k) company contribution, which increases after 3 years of service and is 100% vested upon start date

Bain \& Company's comprehensive benefits and wellness program is designed to help employees achieve personal independence, protection and stability in the areas most important to you and your family.

Bain pays 100% individual employee premiums for medical, dental and vision programs, offering one of the most comprehensive medical plans for employees without impacting your paycheck

Generous paid time off, including parental leave, sick leave and paid holidays

Fully vested 401(k) company contribution

Paid Life and Long\-Term Disability insurance

Salary Context

This $148K-$178K range is in the lower quartile for AI Engineering Manager roles in our dataset (median: $185K across 13 roles with salary data).

Role Details

Company Bain & Company
Title Senior AI/ML Engineering Manager
Location Chicago, IL, US
Category AI Engineering Manager
Experience Senior
Salary $148K - $178K
Remote No

About This Role

This role sits at the intersection of AI and engineering, building systems that bring machine learning capabilities into production environments. The scope varies by company, but the common thread is applying AI technology to solve real business problems at scale. Most AI roles today require a combination of software engineering fundamentals and domain-specific ML knowledge, with the exact mix depending on the team's maturity and the product they're building.

The AI job market is evolving fast. New role categories emerge as companies figure out what they need to ship AI-powered products. What matters most is the ability to learn quickly, build working systems, and iterate based on real-world performance data. The specific title matters less than the skills you bring and the problems you can solve. Companies are past the experimentation phase and want engineers who can deliver production-quality systems that work reliably at scale.

Across the 4,317 AI roles we're tracking, AI Engineering Manager positions make up 0% of the market. At Bain & Company, this role fits into their broader AI and engineering organization.

AI hiring keeps growing across industries. Companies in tech, finance, healthcare, and retail are all building AI teams. The strongest demand is for people who can bridge the gap between AI research and production engineering. The shift toward generative AI has created new role types (LLM Engineer, Prompt Engineer, AI Agent Developer) that didn't exist three years ago, while traditional roles (Data Scientist, ML Engineer) have evolved to incorporate LLM capabilities.

What the Work Looks Like

Day-to-day work involves a mix of building, debugging, and collaborating. You'll write code, review pull requests, participate in design discussions, and work with cross-functional teams (product, design, data) to define what AI features should do and how they should behave. Expect to spend time on both technical implementation and communication. Most AI teams operate in two-week sprint cycles, with regular demos and retrospectives. The ratio of heads-down coding to meetings and reviews varies by seniority, with senior roles spending more time on architecture decisions and mentorship.

AI hiring keeps growing across industries. Companies in tech, finance, healthcare, and retail are all building AI teams. The strongest demand is for people who can bridge the gap between AI research and production engineering. The shift toward generative AI has created new role types (LLM Engineer, Prompt Engineer, AI Agent Developer) that didn't exist three years ago, while traditional roles (Data Scientist, ML Engineer) have evolved to incorporate LLM capabilities.

Skills Required

Aws (28% of roles) Docker (10% of roles) Kubernetes (13% of roles) Langchain (9% of roles) Llamaindex (3% of roles) Mlflow (4% of roles) Python (52% of roles) Rag (21% of roles)

Python and cloud platform experience are common requirements. Specific skill needs vary by company and focus area, but familiarity with ML frameworks, data pipelines, and API design covers the basics for most roles. RAG (Retrieval-Augmented Generation), vector databases, and LLM API integration are increasingly standard requirements across role types.

Beyond the core stack, communication skills matter more than many technical candidates realize. The ability to explain AI capabilities and limitations to non-technical stakeholders is a differentiator at every level. Technical writing, documentation, and clear thinking about tradeoffs are underrated skills in AI roles. Experience with evaluation methodology (how to measure whether an AI system is working well) is becoming a core requirement, especially for roles that involve LLM integration.

Look for job postings that specify the problems you'll work on, the tech stack, and the team structure. Vague postings that list every AI buzzword are often a sign the company hasn't figured out what they need. Strong postings describe the product context, the team you'd join, and the specific challenges you'd tackle.

Compensation Benchmarks

AI Engineering Manager roles pay a median of $244,000 based on 23 positions with disclosed compensation. Senior-level AI roles across all categories have a median of $227,400. This role's midpoint ($163K) sits 33% below the category median. Disclosed range: $148K to $178K.

Across all AI roles, the market median is $215,000. Top-quartile compensation starts at $266,300. The 90th percentile reaches $320,790. For comparison, the highest-paying categories include AI Safety ($287,500) and Research Engineer ($272,100). By seniority level: Entry: $110,000; Mid: $194,400; Senior: $227,400; Director: $274,554; VP: $241,000.

Bain & Company AI Hiring

Bain & Company has 4 open AI roles right now. They're hiring across AI/ML Engineer, AI Engineering Manager. Positions span Houston, TX, US, Dallas, TX, US, Chicago, IL, US. Compensation range: $90K - $178K.

Location Context

AI roles in Chicago pay a median of $192,900 across 197 tracked positions. That's 10% below the national median.

Career Path

Common paths into AI Engineering Manager roles include Software Engineer, Data Scientist, Data Analyst.

From here, career progression typically leads toward Senior Engineer, AI Architect, Engineering Manager, Principal Engineer.

Focus on building things that work. A deployed project that solves a real problem is worth more than any certification. Contribute to open-source, build portfolio projects, and invest in fundamentals (software engineering, statistics, systems design) rather than chasing the latest framework. The AI field moves fast, but the engineers who succeed long-term are the ones with strong fundamentals who can adapt to new tools and paradigms as they emerge.

What to Expect in Interviews

AI interviews typically combine coding challenges (Python-focused), system design questions tailored to the role, and discussions about your experience with relevant tools and frameworks. Strong candidates demonstrate both technical depth and the ability to make pragmatic engineering tradeoffs. Prepare portfolio projects that demonstrate end-to-end capability rather than isolated skills.

When evaluating opportunities: Look for job postings that specify the problems you'll work on, the tech stack, and the team structure. Vague postings that list every AI buzzword are often a sign the company hasn't figured out what they need. Strong postings describe the product context, the team you'd join, and the specific challenges you'd tackle.

AI Hiring Overview

The AI job market has 4,317 open positions tracked in our dataset. By seniority: 138 entry-level, 2,071 mid-level, 1,655 senior, and 453 leadership roles (Director, VP, C-Level). Remote roles make up 15% of the market (635 positions). The remaining 3,657 roles require on-site or hybrid attendance.

The market median for AI roles is $215,000. Top-quartile compensation starts at $266,300. The 90th percentile reaches $320,790. Highest-paying categories: AI Safety ($287,500 median, 34 roles); Research Engineer ($272,100 median, 227 roles); AI Engineering Manager ($244,000 median, 23 roles).

AI hiring keeps growing across industries. Companies in tech, finance, healthcare, and retail are all building AI teams. The strongest demand is for people who can bridge the gap between AI research and production engineering. The shift toward generative AI has created new role types (LLM Engineer, Prompt Engineer, AI Agent Developer) that didn't exist three years ago, while traditional roles (Data Scientist, ML Engineer) have evolved to incorporate LLM capabilities.

The AI Job Market Today

The AI job market spans 4,317 open positions across 15 role categories. The largest categories by volume: AI/ML Engineer (3,004), Data Scientist (345), AI Software Engineer (309). These three account for the majority of open positions, though smaller categories often have higher per-role compensation because of specialized skill requirements.

The seniority mix tells a story about where AI teams are in their maturity. Entry-level roles (138) are outnumbered by mid-level (2,071) and senior (1,655) positions, reflecting that most companies are past the 'build a team from scratch' phase and need experienced engineers who can ship production systems. Leadership roles (Director, VP, C-Level) total 453 positions, representing the bottleneck between technical execution and organizational strategy.

Remote work availability sits at 15% of all AI roles (635 positions), with 3,657 requiring on-site or hybrid attendance. The remote share has stabilized after the post-pandemic correction. Senior and specialized roles (Research Scientist, ML Architect) are more likely to be remote-eligible than entry-level positions, partly because experienced hires have more negotiating power and partly because these roles require less hands-on mentorship.

AI compensation is structured in clear tiers. The market median sits at $215,000. Top-quartile roles start at $266,300, and the 90th percentile reaches $320,790. These figures include base salary with disclosed compensation. Total compensation (including equity, bonuses, and sign-on) runs 20-40% higher at companies that offer those components.

Category matters for compensation. AI Safety roles lead at $287,500 median, while Prompt Engineer roles sit at $145,000. The spread between highest and lowest-paying categories reflects the premium on specialized technical skills versus broader analytical roles.

The most in-demand skills across all AI postings: Python (2,249 postings), Aws (1,224 postings), Azure (938 postings), Rag (915 postings), Gcp (660 postings), Pytorch (640 postings), Prompt Engineering (624 postings), Kubernetes (559 postings). Python dominates, appearing in the vast majority of role descriptions regardless of category. Cloud platform experience (AWS, GCP, Azure) is the second most common requirement. The newer entrants to the top skills list (RAG, vector databases, LLM APIs) reflect the shift from traditional ML toward generative AI applications.

Frequently Asked Questions

Based on 23 roles with disclosed compensation, the median salary for AI Engineering Manager positions is $244,000. Actual compensation varies by seniority, location, and company stage.
Python and cloud platform experience are common requirements. Specific skill needs vary by company and focus area, but familiarity with ML frameworks, data pipelines, and API design covers the basics for most roles. RAG (Retrieval-Augmented Generation), vector databases, and LLM API integration are increasingly standard requirements across role types.
About 15% of the 4,317 AI roles we track offer remote work. Remote availability varies by company and seniority level, with senior and leadership roles more likely to offer location flexibility.
Bain & Company is among the companies actively hiring for AI and ML talent. Check our company profiles for detailed breakdowns of open roles, salary ranges, and hiring trends.
Common next steps from AI Engineering Manager positions include Senior Engineer, AI Architect, Engineering Manager, Principal Engineer. Progression depends on whether you lean toward technical depth, people management, or product strategy.

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