Managing Director, Portfolio Management

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Managing Director, Portfolio Management

Apply locations US IL Chicago E. Randolph Chicago or Washington, D.C. time type Full time posted on Posted 7 Days Ago job requisition id JR5090

The hiring range for this role is:

147,190.00 - 206,425.00

This is the lowest to highest salary we , in good faith , believe we would pay for this role at the time of this posting . We may ultimately pay more or less than the hiring range and t his hiring range may also be modified in the future. A candidate’s position within the hiring range may be based on several factors including, but not limited to, specific competencies, relevant education, qualifications, certifications, relevant experience, skills, seniority, performance, shift, travel requirements, and business or organizational needs. This job is also eligible for annual bonus incentive pay.

We offer a comprehensive package of benefits including paid time off, 11 holidays, medical/dental/vision insurance, generous 401(k) matching , lifestyle spending account and m any other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Job Description Summary:

This role serves as a Portfolio Manager within the Enterprise Technology group. The role oversees the strategic alignment, prioritization, and delivery of projects across multiple teams to ensure optimal value delivery and alignment with organizational goals. Their responsibilities include annual planning, on-going portfolio analysis and performance monitoring, stakeholder communication, leadership, and driving agile transformation. The individual in this role is adaptable, and skilled in managing a dynamic set of initiatives. They are adept at balancing the flexibility of agile practices with the discipline required for strategic portfolio management.

Responsibilities include but are not limited to:

• Portfolio Planning and Management:Ensure that all projects and programs within the portfolio align with BCBSA’s strategic objectives, collaborating with senior leadership to set and adjust strategic direction. Oversee the selection, prioritization, and scheduling of projects based on business values, dependencies, strategic important while managing resource constraints.

• Resource Management: Allocate resources efficiently across projects to maximize value delivery. Ensure that resource utilization aligns with portfolio priorities.

• Stakeholder Management:Communicate portfolio performance, risks, and changes to stakeholders while managing stakeholder expectations and maintaining strong relationships with stakeholders. Manage the impact of changes within the portfolio, ensuring smooth transitions and change adoption.

• Leadership and Coaching: Act as a catalyst for organizational agility by guiding teams and stakeholders through agile practices, fostering their development. Collaborate closely with senior leadership to define portfolio strategy and thematic priorities. Additionally, provide valuable guidance and coaching to project and program managers toward consistent successful project delivery.

• Risk and Dependency Management: Embrace uncertainty and use it as a lever for innovation and improvement. Oversee interdependencies, assess risks, identify mitigation strategies and contingency plans, and ensure adaptive responses to changing conditions.

• Governance, Performance Monitoring and Reporting:Establish and enforce portfolio and project governance frameworks. Track and report on portfolio performance. Conduct regular reviews and audits to assess portfolio health.

• Continuous Improvement: Encourage and support continuous improvement initiatives within the portfolio. Foster a culture where feedback is valued, and lessons learned applied to enhance portfolio performance.

Required Education, Experience and Certifications:

• Required Education: Bachelor's degree in related discipline

Experience:

• Required: Minimum 10+ years of Project Management experience focused on the development, implementation, and maintenance of large-scaled integrated information solutions platforms.
• Required: Minimum 7+ years of progressive leadership and execution in technology and operations or other similar environment.
• Required: Minimum 7 years experience managing a portfolio of concurrent projects in a mixed-methodology environment; experience in large, complex multi-vendor digital transformation initiatives.
• Required: Minimum 5 years experience managing intake, prioritization, capacity management in agile and waterfall environments.
• Preferred: 3 years experience in a Blue Cross Blue Shield Plan; familiarity or applicable experience in health insurance technology.

Certification:

• Preferred: PMI Certified
• Preferred: SAFe SPC

Knowledge, Skills, and Abilities:

• Proficient in managing work using a project management discipline

• Expertise in running agile and waterfall portfolios including intake, prioritization, capacity management

• Expertise in project management, budgeting, technical and operational knowledge necessary to provide expert advisory services to technology and business

• Effective communicator (verbal and written) with ability to maintain a strong executive presence in high level presentations.

• Business relationship management skills

• Ability to gain confidence of Plans and skillfully communicate potentially unpopular messages to customers

• Ability to promote strategic goals and objectives with varied constituencies while gaining consensus across a wide variety of interest areas, on issues with major IT impact

• Excellent leadership, strategic thinking, project management, organizational, and budgeting skills

Financial Responsibilities

• Revenue Responsibility: Yes
• Budget Responsibility: Yes
• People Management: Yes

Travel requirements: 11-25%

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About Us

At Blue Cross Blue Shield Association (BCBSA) , we are a national association of 33 independent, community-based and locally operated Blue Cross Blue Shield companies and we are driven by purpose. Join the team who supports the nation's largest healthcare network, providing coverage to nearly one in three Americans as we relentlessly pursue affordable healthcare and ensure peace of mind for the people we serve. Be part of our storied history of innovation as we advance well-being and health equity. Experience a culture that is built on our care values, diversity, equity, inclusion and belonging, work-life flexibility, well-being and a commitment to our community. If you thrive at a company that values inclusivity, accountability, courage, teamwork and respect, we're glad you found us!

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