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Director, Product & Portfolio Management

Job in Mossville, Peoria County, Illinois, 61552, USA
Listing for: Caterpillar Financial Services Corporation
Full Time position
Listed on 2026-05-14
Job specializations:
  • IT/Tech
    Systems Engineer, IT Project Manager, Cloud Computing, Product Designer
Salary/Wage Range or Industry Benchmark: 189080 - 283630 USD Yearly USD 189080.00 283630.00 YEAR
Job Description & How to Apply Below
Location: Mossville

Career Area:
Technology, Digital and Data

Job Description

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team that cares not just about the work we do – but also about each other. We are makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live.

Together, we are building a better world, so we can all enjoy living in it.

The Director, Product and Portfolio Management is a senior leader accountable for shaping, governing, and delivering a complex portfolio of Caterpillar machine technology initiatives. This role plays a critical role in early scoping and solutioning, while also owning program and portfolio management to ensure disciplined execution, alignment, and value realization across the machine hardware and software ecosystem.

What You Will Do Portfolio Governance & Value Realization
  • Own portfolio intake, prioritization, sequencing, and governance across platform and engineering initiatives.
  • Establish and lead portfolio operating rhythms (quarterly planning, monthly portfolio reviews, dependency and risk reviews, roadmap alignment).
  • Drive transparency across scope, progress, milestones, risks, dependencies, capacity, and financials.
  • Ensure alignment between portfolio priorities and Platform Engineering strategy, balancing innovation, reuse, capacity, and time-to-value.
  • Partner with Product, Engineering, and Finance on investment decisions, trade-offs, and funding alignment.
  • Establish and oversee benefits realization practices to ensure delivery outcomes translate into measurable business value and sustained adoption.
Technical Product Management Leadership
  • Drive scope-related decisions across all phases of initiatives, from intake through delivery.
  • Champion Platform First solutions, prioritizing reuse, extensibility, and cross-platform integration.
  • Align and manage cross-program dependencies and synergies to reduce duplication and accelerate value.
  • Ensure work streams are led by accountable leaders who clearly articulate project needs, outcomes, and constraints.
  • Serve as a senior partner to Product Management to ensure platform and product roadmaps are aligned and mutually reinforcing.
Scoping Phase Leadership
  • Ensure deep understanding of the customer problem being solved and the intended business outcomes.
  • Assess, clarify, refine, and augment product requirements to enable integrated, end-to-end experiences.
  • Evaluate cross-product and cross-platform impacts; pivot solutions to maximize functional reuse.
  • Conduct complexity assessments to determine the level of solutioning, architectural rigor, and delivery approach required.
  • Drive scope alignment with Product Management and Engineering leadership.
  • Define the engineering delivery approach appropriate to the scope and complexity.
  • Establish and govern project tracking artifacts in Azure Dev Ops (ADO).
  • Ensure solutioning requests are properly captured and managed in ADO.
  • Lead early decomposition of Product Management epics into feature-level requirements, wireframes, and initial delivery artifacts.
Solutioning Phase Leadership
  • Provide Platform First solution options, clearly articulating trade-offs, implications, and reuse opportunities.
  • Drive alignment and decisions on the preferred solution approach.
  • Ensure delivery of POCs, POTs, and High-Level Architectures (HLAs) as required.
  • Partner with Product and Engineering to align on go‑to‑market sequencing and software release strategies.
  • Drive solution alignment with the designated Engineering Champion and Architecture partners.
  • Define and validate the engineering delivery approach for execution.
  • Develop Rough Order of Magnitude (ROM) cost estimates and unconstrained delivery schedules.
  • Secure Product Management and stakeholder consensus to proceed into execution.
Program & Delivery Operating Model
  • Lead the design and continuous improvement of program and project management methodologies for complex, multi‑team platform initiatives.
  • Define and maintain a clear delivery operating model, including decision rights,…
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