VP Portfolio & Project Mgmt
Independence Blue Cross · Philadelphia, PA · 3 mo ago
FinanceFull-time
Role Summary
The Vice President of Portfolio and Project Management is responsible for leading the organization’s multi-year project investment portfolio to deliver on strategic, financial, and operational goals. This role oversees the evaluation and prioritization of investment opportunities, allocates resources across a corporate project portfolio, and monitors performance against enterprise objectives, ensuring investments deliver expected value on scope, schedule, cost, and outcomes.
Specific Responsibilities
- Oversee the organization’s multi-year project investment portfolio, including evaluating and prioritizing investment opportunities, allocating resources, and monitoring performance against strategic goals.
- Oversee and manage portfolio governance and the end-to-end lifecycle of project investment needs across the enterprise, spanning investment planning, value enablement, and value realization.
- Identify and assess emerging capabilities in partnership with enterprise capability team required to drive future growth and collaborate with cross-functional teams to develop and implement strategies to build or acquire these capabilities.
- Ensure alignment between portfolio investment needs and business priorities by working closely with key stakeholders to understand strategic imperatives and translate them into actionable, time-bound plans.
- Manage a corporate project portfolio to meet or exceed goals on scope, schedule, and cost; partner with Finance to ensure appropriate allocation and tracking of OpEx and CapEx.
- Provide leadership to the Portfolio and PMO (e.g., project, program) functions to ensure timely and efficient delivery of solutions that address the business needs of the enterprise.
- Develop, implement, and enhance portfolio and project reporting, including visibility to program/project milestone progress, key risks and barriers, issue escalation, cost management, and value realization.
- Establish and maintain standards, processes, and tools for portfolio, program, and project management, promoting consistency, transparency, and disciplined execution across the enterprise.
- Partner with executive leadership to shape investment decisions, trade-offs, and sequencing of initiatives in support of strategic priorities and financial targets.
- Coach, develop, and mentor portfolio, program, and project management talent, fostering a high-performance, outcomes-oriented culture.
- Keep abreast of industry standards and best-practice methodologies in project, program, and portfolio management, and incorporate relevant practices into the organization's operating model.
Qualifications and Experience
- 5+ years of progressive leadership experience with direct accountability for investment portfolio oversight (enterprise or large business unit).
- 10+ years of experience in portfolio management, project management, program management, or a closely related function.
- Bachelor’s degree required (Business, Finance, Engineering, Information Systems, or related field preferred).
- Master’s degree preferred (e.g., MBA, MHA, or related advanced degree).
- Proven track record establishing and leading portfolio governance, including intake, prioritization, funding decisions, and benefit/value realization.
- Demonstrated experience managing a large, complex portfolio including OpEx and CapEx planning, tracking, and optimization.
- Knowledge of project and program management methodologies (e.g., PMI, Agile, hybrid approaches) and tools, with the ability to tailor practices to business needs.
- Strong financial acumen, including business case development, NPV/ROI analysis, and ongoing value tracking for strategic investments.
- Demonstrated ability to influence and collaborate effectively with senior executives and cross-functional stakeholders.
- Excellent leadership, communication, and change management skills, with a track record of building and leading high-performing teams.