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IT Asset Lifecycle Management Specialist

Job in Chicago, Cook County, Illinois, 60601, USA
Listing for: Cognizant
Full Time position Listed on 2026-11-06
Job specializations:
  • IT/Tech
  • Supply Chain/Logistics
Salary/Wage Range or Industry Benchmark: 75000 - 92000 USD Yearly USD 75000.00 92000.00 YEAR

Job Description & How to Apply Below

IT Asset Lifecycle Management Specialist Location

Position can be fulfilled in Stamford CT or Alpharetta GA

Experience

6+ years

Please note, this role is not able to offer visa transfer or sponsorship now or in the future*

Required Skills
  • IT Asset Lifecycle Management
  • IT Asset Management (ITAM)
  • Hardware Asset Management (HAM)
  • Service Now
  • Inventory Management
  • Asset Reconciliation and Auditing
  • Reporting and Stakeholder Management
Key Responsibilities
  • Manage the end-to-end lifecycle of all IT devices and peripherals, excluding U.S. mobile devices.
  • Maintain a centralized inventory database and ensure accurate tracking of assets from creation and shipment through allocation, return, and disposal.
  • Coordinate the dispatch and return of assets for employee onboarding and offboarding.
  • Monitor asset lifecycle management processes, including lease terms, renewals, returns, and replacements.
  • Manage device refresh activities, monitor asset return status, and follow up on pending returns.
  • Review, validate, and approve service requests related to Hardware Asset Management processes.
  • Maintain and execute the asset allocation process, ensuring all necessary approvals are obtained before fulfillment.
  • Track and manage mobile devices, including iPhones and iPads, from procurement through retirement.
  • Maintain a centralized inventory database for serialized peripherals.
  • Perform regular reconciliation of asset records against physical inventory and discovery reports.
  • Conduct biannual inventory audits with a focus on accuracy and resolution of ghost, missing, or untracked assets.
  • Prepare reports related to inventory, shipments, asset utilization, aging, compliance, and operational performance.
  • Monitor and maintain defined KPIs across all asset management processes.
  • Ensure asset statuses are updated accurately and in real time within Service Now.
  • Identify cost optimization opportunities to prevent cost overruns, excess inventory, and asset under utilization.
  • Proactively identify and implement process improvement opportunities.
  • Establish timelines for clearing operational backlogs and provide regular progress updates to stakeholders.
  • Ensure compliance with customer IT Asset Management policies, standards, and governance requirements.

Applications will be accepted until 11/15/2026

The annual salary for this position is between $75,000- $92,000 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 is 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 contribution
  • 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.

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