Mba Program Jobs in Illinois (NOW HIRING)

MBA Product Manager - 2027

Key Role Details

• Full-time new hires for this role will start as a cohort within our MBA Development Program in August 2027.

• This role is a full-time position, designed as a career accelerator to foster the next generation of leading talent.

• Participation in the program requires that you are located in the continental United States with in-person attendance at your assigned location, in accordance with Capital One's hybrid working model.

At this time, Capital One will not sponsor a new applicant for employment authorization, or offer any immigration related support for this position (e.g. H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, E-3, and O-1, or any other forms of work authorization that require immigration support from an employer).

Basic Qualifications

• Currently has, or is in the process of obtaining, a 2-year MBA with an expectation that your degree will be obtained by August 2027 or earlier.

• Currently has:

  • A Bachelor's Degree or Master's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer Engineering, Software Engineering, Mechanical Engineering, Information Systems or a related quantitative field), Business or Marketing

OR

• A Bachelor's degree in any field and 3 years of Product Management experience

Preferred Qualifications:

• At least 2 years of experience leveraging data and customer insights to make strategic business decisions, influencing stakeholders to adopt proposed strategies, translating business strategy into roadmaps, and leading high functioning teams through execution

• MBA joint degrees with technical Master's programs (e.g., MS/MBA)

• 4+ years of professional experience in Technology, Data Science, Consulting, Strategy, or Financial Services

• Demonstrated interest and experience in product management, software delivery, data science, software engineering, or leveraging software to solve customer and business problems

MBA Product Manager - 2027

Product Managers at Capital One build products that empower millions of customers to achieve financial success and thousands of employees to serve our customers. Our PMs are human-centered, business-focused, technology-driven leaders. They are at the forefront of Capital One's mandate to bring cutting-edge technology to the challenges of financial services. They are strong collaborators and communicators, comfortable working on cross-functional teams and creating a culture of radical transparency across stakeholders.

Product management roles at our company are as diverse as our business itself. We have teams dedicated to core products like credit cards, rewards, travel, and mobile payments, alongside critical functions like fraud detection, financial inclusion, and network growth. We also build robust platforms powering data and machine learning, marketing, and customer service tools.

Our MBA PM roles are designed for both first-time and experienced product managers. You will have the unique opportunity to solve high-impact business and customer problems at a massive scale, master new skills and disciplines, and develop into a well-rounded cross-functional business leader.

As part of the MBA class, you will go through Capital One's professional development program, which includes:

• A cohort-based experience with mentorship, networking activities, and meaningful interactions with senior leadership

• Experiential training focused on customer-centric product design, analysis, and technical skills

• Coaching to support your growth as a leader and help you think about shaping a career at Capital One

Specific responsibilities may include, but are not limited to -

• Product strategy: Own success and life cycle of features for a product and/or platform, setting its strategy in line with overall business goals and driving prioritization decisions toward improvements. Translate business strategy into products; solve the right problems by deeply understanding our business, developing customer empathy, and integrating multiple streams of data

• Hypothesis-driven problem solving: Develop hypotheses and set up your own analytical frameworks to test for the best solutions. Scope operational feasibility, lead implementation efforts and monitor the success of new initiatives

• Leadership: Manage sprint team to ship, scale, and improve products that delight our customers and position company for substantial growth

• Results: Test and learn your way to something new while taking into account business strategy, market analysis, user feedback, analytics, and technology best practices. Take action, get around roadblocks, and stay focused on goals. Well-organized and able to juggle multiple deliverables while always utilizing data analysis, technology, and human-centered design to keep the customer goal in mind. Actively manage a backlog, make trade-off decisions, and clear impediments for your team

• Cross-functional collaboration: Work with experts to craft and drive long-term business strategy. Prepared to learn from a network of developers, designers, analysts, data scientists, customers, and other subject-matter experts and leverage them to build cutting-edge products

• Partnership: Manage work in an energetic and collaborative team environment by rallying disparate groups with different motivations to pursue a common goal, putting others ahead of yourself to help get the best results

Key skills include, but are not limited to -

• Innovative, comfortable with ambiguity: Displays entrepreneurial spirit with an aptitude and interest in learning to build new products and platforms with tech solutions. Able to handle undefined complex problems, and prepared to analyze a problem from all angles

• Human-centered, customer-focused, and curious: Eager to connect with customers, both internal and external, to deliver products that will have meaningful impact. Ready to ask, explore, and voice unique perspectives or crazy ideas. Fueled by a hunger to learn, and constantly seeking new challenges. Ability to dive into the details of products and understand how they work at an atomic level

• Strong business judgment, leadership, and integrity: A tenacious decision-maker bringing a healthy and competitive, yet responsible, approach to business

• Great communicator and influencer: Ability to keep people around him/her in the loop and able to communicate complex ideas clearly to make sure co-workers understand the "why" behind their work and their key priorities. Able to build a culture of radical transparency

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Chicago, IL: $169,000 - $169,000 for Manager, Product Management

McLean, VA: $186,000 - $186,000 for Manager, Product Management

New York, NY: $203,000 - $203,000 for Manager, Product Management

Richmond, VA: $169,000 - $169,000 for Manager, Product Management

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).