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Caterpillar Inc.

Principal Digital Product Manager, Applied AI

Caterpillar Inc., Chicago, Illinois, United States, 60290

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Principal Digital Product Manager, Applied AI Take a leading role managing AI product strategy across Caterpillar’s enterprise. You will shape the vision, develop capabilities, and deliver measurable value to customers and dealers.

Job Summary The AI Accelerator is a key enabler of Caterpillar’s next chapter — designed to enable and scale AI adoption and progress across the enterprise. Its mission is to identify opportunities, run experiments, accelerate adoption, ensure AI value realization, support strategic partner engagement, and help develop the frameworks to scale AI solutions globally. We are building a team of experienced and visionary Applied AI Product Managers to lead the strategy, development, and launch of AI capabilities across the enterprise.

What You Will Do

Define AI Product Strategy & Roadmap: Partner with key business functions to define the product vision, strategy, and roadmap for one or more AI‑driven product areas.

Translate Insights to Requirements: Work closely with stakeholders, business analysts, and users to understand needs and translate them into clear, concise Epics, User Stories, and PRDs.

Lead the AI Development Lifecycle: Collaborate daily with Data Scientists, ML Engineers, and Software Engineers to manage the end‑to‑end product development lifecycle, including data acquisition, model training, deployment, and production monitoring.

Manage Model Performance & Metrics: Define and monitor key product and model performance metrics (accuracy, precision, recall, latency, drift) and communicate trade‑offs between model performance and business objectives.

Launch, Adoption & Value: Partner with functional teams across the enterprise to successfully launch new AI products or features, ensuring readiness and clear value proposition and realization.

Data Ethics and Compliance: Advocate for and ensure that AI products are developed and deployed ethically, complying with all relevant data privacy, bias, and regulatory requirements.

What You Will Bring

Strategic Vision: Ability to look beyond current constraints and define a compelling long‑term AI product strategy.

Data‑Driven Decision Making: Reliance on metrics, data, and experimentation to guide product prioritization.

Bias for Action: Proactive and results‑oriented, with a track record of successfully shipping complex products.

Cross‑functional Collaboration: A natural collaborator who builds consensus and drives outcomes across diverse engineering, data science, and business teams.

Considerations for Top Candidates

Extensive professional experience (typically 5+ years) as a Product Manager focused on Machine Learning, Deep Learning, or AI‑powered products (typically 3+ years).

Solid foundational understanding of the ML lifecycle, common model types, feature engineering, and deploying and monitoring models in production environments (MLOps).

Exceptional written and verbal communication skills, with the ability to articulate complex AI concepts to non‑technical leaders.

Proven ability to define and execute a product roadmap based on quantitative data, market analysis, and user research.

Typically a Bachelor’s degree in Computer Science, Engineering, Data Science, or a related technical field.

Direct experience or degree in Data Science or Engineering (nice to have).

Experience with cloud‑based ML platforms (AWS, Azure, GCP) – nice to have.

Prior industry experience (FinTech, Healthcare, E‑commerce) – nice to have.

Familiarity with A/B testing frameworks for model‑driven features – nice to have.

Why This Role Matters Caterpillar is investing in purpose‑built AI solutions to transform dealer and customer experiences. This role is critical to ensuring our dealers are equipped with intelligent tools that drive efficiency, personalization, and growth.

Additional Information

Positions available in Chicago, IL; Peoria, IL; Denver, CO; and Irving, TX.

Relocation assistance is available.

Salary range:

$156,000.00 - $253,560.00 .

Benefits

Medical, dental, and vision benefits*

Paid time off plan

401(k) savings plan

Health Savings Account (HSA)

Flexible Spending Accounts (FSAs)

Health Lifestyle Programs

Employee Assistance Program

Voluntary Benefits and Employee Discounts

Career Development

Incentive bonus

Disability benefits

Life insurance

Parental leave

Adoption benefits

Tuition Reimbursement

Equal Opportunity Employer Caterpillar is an Equal Opportunity Employer, including Veterans and Individuals with Disabilities. Qualified applicants of any age are encouraged to apply. Visa sponsorship is not available for this position.

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