Interested in this AI Product Manager role at U.S. Bank?
Apply Now →About This Role
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever\-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
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U.S. Bank is seeking an experienced Product Manager with strong technical, influential, and leadership abilities to help drive the success of our enterprise technology initiatives. This role will focus on defining products and features for the multi\-cloud AI Platform, including Gen AI, Agentic AI, and MLP.
They will oversee the end\-to\-end product management for this platform and ensure the delivery capabilities while improving the efficiency and quality of our processes. They will be a key executive to engage with key stakeholders to define, document, and prioritize features and collaborate with multiple engineering teams while they drive the strategic vision, priorities, and roadmap. As a visible U.S. Bank technology executive, you will have an opportunity to directly impact thousands of employees, help us shape, transform our ability to better serve our customers.
They will also influence detailed functionality, user experience, and tradeoffs across platform teams. The Product Manager acts as a business engineer rationalizing the use of data, changes to supported processes, and bridging sprints to meet needs of both customers and end users.
What does it take to succeed in this role? You love working at enterprise scale. You are not afraid to roll up your sleeves and dive into the details while also balancing the need for acting quickly. You are a thoughtful leader who values diverse teams, knowing that diverse teams have the best chance of having the polite, but vigorous debates required for delivering great engineering solutions. You are curious and dedicated to making our developers enthusiastic about our tooling ecosystem. You make the team room both productive and fun to work in.
RESPONSIBILITIES
- Own the creation and evolution of products within the AI platform in partnership with engineering teams, UX/design teams and business stakeholders while driving the strategic vision, priorities, and the roadmap.
- Serves as thought leader in technical platform product management
- Pulls from market and competitive insights, customer needs, and internal business priorities to create the product vision (target customer segments, markets, channels, go to market approach, and value propositions).
- Aligns this strategic vision with cross\-functional stakeholders including senior technology and business leaders to identify company\-wide priorities that help shape product roadmap, investment areas and success measures.
- Work closely with individual engineering teams and product owners to provide feedback and initiate feature requests; work closely with the engineering team to ensure that product requirements are understood
- Understand larger architecture and technology vision and define how the platform needs to evolve to support thousands of developers and millions of users around the world
- Manage technical considerations, working closely with engineering team to deliver elegant, generalizable solutions to complex problems
- Work within an agile development framework by defining product features, user stories, prioritizing work in sprints and across the quarter, as well as participate in cross team and leadership retrospectives
- Educate and evangelize for technical platform on how tools and technologies are leveraged to impact the product and create business efficiencies
- Creates and leads a small team of dedicated product managers responsible for all aspects of technical platform functionality, user experience and strategic product direction
Basic Qualifications
- Technical Product Management experience
Experience Should Include
- Bachelor's degree or equivalent work experience bachelor’s degree in Computer Science, a similar Engineering discipline, or equivalent work experience
- 10\+ years of related experience in product management
- 3 or more years of experience working on technology platforms, microservice architectures, or cloud/SaaS products, or AI/ML \- AI / ML is HIGHLY preferred
- At least 2 years of relevant management or leadership experience
Preferred Skills
- Advanced product management skills with a strong product sense and working backwards from customer
- Understanding of different components of the technology stack for a cloud\-based application
- Knowledge of open\-source technologies relevant to modern web, mobile and microservice standards/best practices
- Strong knowledge of technical product/program development, implementation, and strategic analysis
- Well\-developed effective presentation, verbal, and written communication skills
- Strong financial and competitive analysis, ROI calculations, and technical skills
\*\*\*This role requires working from a U.S. Bank location three (3\) or more days per week.\*\*\*
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short\-term and long\-term disability
- Pregnancy disability and parental leave
- 401(k) and employer\-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E\-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E\-Verify program in all facilities located in the United States and certain U.S. territories. The E\-Verify program is an Internet\-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $139,230\.00 \- $163,800\.00
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
Salary Context
This $139K-$163K range is in the lower quartile for AI Product Manager roles in our dataset (median: $189K across 161 roles with salary data).
View full AI Product Manager salary data →Role Details
About This Role
AI Product Managers define what AI features get built and why. They translate business problems into ML-solvable tasks, work with engineering to scope model requirements, and own the metrics that determine if an AI feature is working. The role requires a rare combination of technical fluency and product instinct.
Unlike traditional product management, AI PM work involves managing uncertainty at a fundamental level. Your model might work 90% of the time. What happens the other 10%? What's the user experience when the AI is wrong? How do you measure 'good enough' for a probabilistic system? These questions don't have easy answers, and the AI PM is the person responsible for finding them.
Across the 3,823 AI roles we're tracking, AI Product Manager positions make up 5% of the market. At U.S. Bank, this role fits into their broader AI and engineering organization.
AI Product Manager roles are growing as companies realize that shipping AI features requires different product thinking than traditional software. The best candidates combine product management experience with enough technical depth to have productive conversations with ML engineers about model capabilities and limitations.
What the Work Looks Like
A typical week includes: reviewing model evaluation results with the ML team, defining success metrics for a new AI feature, conducting user research on how customers respond to AI-generated outputs, writing product requirements that include accuracy thresholds and fallback behaviors, and presenting the AI roadmap to leadership. You're the translator between technical capability and business value.
AI Product Manager roles are growing as companies realize that shipping AI features requires different product thinking than traditional software. The best candidates combine product management experience with enough technical depth to have productive conversations with ML engineers about model capabilities and limitations.
Skills in Demand for This Role
Technical fluency with ML concepts is essential, though you won't be writing models. Expect to understand training data, evaluation metrics, model limitations, and responsible AI practices. SQL and basic Python are increasingly expected. Experience with A/B testing, data analysis, and product analytics is baseline. Understanding LLM capabilities and limitations is now a core requirement.
The differentiator is AI-specific product thinking: knowing when to use ML vs. heuristics, understanding the cost of training data collection, designing graceful degradation for model failures, and building products that improve with usage data. Experience with AI safety, bias mitigation, and responsible AI deployment is increasingly important.
Strong postings describe specific AI products the PM will own, mention the ML team structure, and talk about measurement methodology. Look for companies that have already shipped AI features. Roles at companies that are 'exploring AI' often mean you'll spend a year defining the strategy before any building happens.
Compensation Benchmarks
AI Product Manager roles pay a median of $213,800 based on 583 positions with disclosed compensation. Senior-level AI roles across all categories have a median of $227,400. This role's midpoint ($151K) sits 29% below the category median. Disclosed range: $139K to $163K.
Across all AI roles, the market median is $200,100. Top-quartile compensation starts at $253,500. The 90th percentile reaches $307,500. For comparison, the highest-paying categories include AI Engineering Manager ($275,000) and AI Safety ($274,200). By seniority level: Entry: $97,880; Mid: $165,000; Senior: $227,400; Director: $247,800; VP: $250,000.
U.S. Bank AI Hiring
U.S. Bank has 4 open AI roles right now. They're hiring across AI Engineering Manager, AI/ML Engineer, AI Product Manager. Positions span Minneapolis, MN, US, Chicago, IL, US, Irving, TX, US. Compensation range: $130K - $213K.
Location Context
Across all AI roles, 15% (590 positions) offer remote work, while 3,217 require on-site attendance. Top AI hiring metros: New York (2,643 roles, $211,000 median); San Francisco (2,168 roles, $253,000 median); Los Angeles (1,792 roles, $191,580 median).
Career Path
Common paths into AI Product Manager roles include Product Manager, Data Analyst, Technical Program Manager.
From here, career progression typically leads toward Director of AI Product, VP Product, Head of AI.
The most effective path is PM experience plus self-directed AI education. Take Andrew Ng's courses, build a small ML project, and learn enough Python to read model evaluation code. The goal isn't to become an ML engineer. It's to have credibility in technical conversations and to understand what's possible, what's hard, and what's a bad idea.
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: Strong postings describe specific AI products the PM will own, mention the ML team structure, and talk about measurement methodology. Look for companies that have already shipped AI features. Roles at companies that are 'exploring AI' often mean you'll spend a year defining the strategy before any building happens.
AI Hiring Overview
The AI job market has 3,823 open positions tracked in our dataset. By seniority: 112 entry-level, 1,798 mid-level, 1,516 senior, and 397 leadership roles (Director, VP, C-Level). Remote roles make up 15% of the market (590 positions). The remaining 3,217 roles require on-site or hybrid attendance.
The market median for AI roles is $200,100. Top-quartile compensation starts at $253,500. The 90th percentile reaches $307,500. Highest-paying categories: AI Engineering Manager ($275,000 median, 41 roles); AI Safety ($274,200 median, 55 roles); Research Engineer ($260,000 median, 434 roles).
AI Product Manager roles are growing as companies realize that shipping AI features requires different product thinking than traditional software. The best candidates combine product management experience with enough technical depth to have productive conversations with ML engineers about model capabilities and limitations.
The AI Job Market Today
The AI job market spans 3,823 open positions across 15 role categories. The largest categories by volume: AI/ML Engineer (2,629), Data Scientist (322), AI Software Engineer (279). 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 (112) are outnumbered by mid-level (1,798) and senior (1,516) 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 397 positions, representing the bottleneck between technical execution and organizational strategy.
Remote work availability sits at 15% of all AI roles (590 positions), with 3,217 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 $200,100. Top-quartile roles start at $253,500, and the 90th percentile reaches $307,500. 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 Engineering Manager roles lead at $275,000 median, while Prompt Engineer roles sit at $140,000. 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 (1,979 postings), Aws (1,190 postings), Azure (899 postings), Rag (839 postings), Gcp (726 postings), Pytorch (595 postings), Prompt Engineering (595 postings), Claude (540 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
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