IT Portfolio Manager

Posted Yesterday
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Cary, NC, USA
Hybrid
90K-120K Annually
Mid level
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
At MetLife, we’re a purpose-driven company that helps our customers build a more confident future.
The Role
Manage technology portfolios and the Project Approval Request (PAR) process, support executive governance, analyze project financials (CapEx/OpEx), partner with Finance and stakeholders for forecasting and investment decisions, and drive portfolio optimization and process improvements.
Summary Generated by Built In
Description and Requirements
The Team You Will Join
Join MetLife's Global Technology and Operations (GTO) team, where what you build truly matters. Here, innovation and collaboration drive everything we do- from developing best-in-class digital solutions to safeguarding customer and employee data. Whether you're transforming insights into customer-first strategies, advocating for people in life's most important moments, or simplifying how we serve millions worldwide, your expertise makes a lasting impact. We bring MetLife's purpose to life, shaping a more confident future. Let's build it together.
The Opportunity
The Portfolio Manager plays a critical role in ensuring technology investments are aligned with strategic business priorities and financial objectives. This role is responsible for overseeing the Project Approval Request (PAR) process, managing portfolios across Global Technology organizations, and partnering with senior leaders to plan, prioritize, govern, and monitor complex technology initiatives.
The Portfolio Manager serves as a trusted advisor to business and technology leaders, providing guidance on investment decisions, project governance, financial planning, portfolio health, and resource prioritization. The successful candidate will combine strong financial acumen, analytical thinking, and stakeholder management skills to drive effective portfolio outcomes and continuous process improvement.
Key Responsibilities
  • Oversee the Project Approval Request (PAR) process from intake through executive approval.
  • Facilitate portfolio reviews and executive governance forums to support investment decisions.
  • Partner with Expense Management, Finance, and business stakeholders to manage portfolio forecasts and funding impacts resulting from new initiatives.
  • Analyze project financials including capital expenditures (CapEx), operating expenditures (OpEx), depreciation impacts, contract structures, and funding requirements.
  • Assist leadership teams with technology investment decisions and portfolio optimization opportunities.

Required Qualifications
  • Bachelor's degree in business, Finance, Information Technology or a related field.
  • 3+ years of experience in portfolio management, PMO, project governance, financial analysis, technology planning, or related disciplines.
  • Strong understanding of project and portfolio management methodologies and governance frameworks.
  • Demonstrated experience managing large, complex technology initiatives and investments.
  • Advanced financial acumen with knowledge of:
    • Capital (CapEx) and Operating (OpEx) expense treatment
    • Technology contracts and vendor agreements
    • Forecasting and budget management
    • Business case development and investment analysis

Preferred Qualifications
  • Experience within a technology PMO, Technology Finance, Portfolio Management, or Strategy organization.
  • Experience supporting executive governance and investment approval processes.
  • Experience with portfolio management and financial planning platforms (e.g., Apptio, ServiceNow, Power BI, Azure DevOps).

Location Expectation: This is a hybrid role requiring a minimum of 3 days per week in office.
The expected salary range for this position is $90,000 - $120,000 . This role may also be eligible for annual short-term incentive compensation and stock-based long-term incentives. All incentives and benefits are subject to the applicable plan terms.
Benefits We Offer
Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, paid time off, paid holidays, volunteer time off, tuition assistance and much more! For more information regarding MetLife's U.S. benefits, please click here .
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies", Fortune World's 25 Best Workplaces™, as well as the Fortune 100 Best Companies to Work For®, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
As part of our New Frontier strategy, MetLife is building an AI-enabled, people-centered future. We're looking for people who bring curiosity, adaptability, and a growth mindset as we use AI to enhance how we serve customers, support communities, and evolve the way work gets done. At MetLife, AI is a responsible partner that supports human judgment, creativity, and continuous improvement while helping us build trust, inclusion, and long-term value.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
MetLife is an Equal Opportunity Employer. All employment decisions are made without regards to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law ("protected characteristics").
If you need an accommodation due to a disability, please email us at [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.
MetLife maintains a drug-free workplace.
This posting is for a current vacancy and is anticipated to remain open for at least 90 days from the listed posting date.
#BI-Hybrid

Skills Required

  • Bachelor's degree in Business, Finance, Information Technology or related field
  • 3+ years experience in portfolio management, PMO, project governance, financial analysis, or technology planning
  • Strong understanding of project and portfolio management methodologies and governance frameworks
  • Demonstrated experience managing large, complex technology initiatives and investments
  • Advanced financial acumen (CapEx/OpEx treatment, technology contracts, forecasting, budget management, business case development, investment analysis)
  • Experience within a technology PMO, Technology Finance, Portfolio Management, or Strategy organization
  • Experience supporting executive governance and investment approval processes
  • Experience with portfolio management and financial planning platforms (e.g., Apptio, ServiceNow, Power BI, Azure DevOps)
  • Hybrid role requiring a minimum of 3 days per week in office

What the Team is Saying

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MetLife Compensation & Benefits Highlights

  • Retirement Support Retirement support is strengthened by a company‑funded cash‑balance pension alongside a 401(k) with company match—an uncommon combination among large U.S. employers. Pension eligibility begins after one year, reinforcing long‑term savings.
  • Healthcare Strength Health coverage spans medical, dental, vision, and prescription drugs with access to HSAs/FSAs, wellness resources, and expert second‑opinion services. Targeted programs for cancer care, family‑building, menopause, musculoskeletal issues, and diabetes/hypertension broaden the support.
  • Leave & Time Off Breadth Time away is bolstered by a minimum of 22 days of PTO for U.S. employees plus a paid Volunteer Day, and many hybrid roles receive 10 additional virtual flex days. Flexible work arrangements are also highlighted for applicable roles.

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The Company
HQ: New York, NY
43,000 Employees
Year Founded: 1868

What We Do

We're honored to be No. 10 on Great Place to Work's World's Best Workplaces and recognized in the Fortune 100 Best Companies to Work For® list in 2025. At MetLife, we're leading the global transformation of an industry we’ve defined for over 157 years. At MetLife, every innovation and line of code is a lifeline for our customers and their families—from victims of natural disasters to people living with disabilities and beyond. With operations in more than 40 markets and leading positions across the globe, MetLife fosters an inclusive culture where our people are energized and inspired to deliver for our customers and communities. Join our remarkable journey—one in which you help write the next century of innovation in financial services—because with MetLife, making the world a better place is All Together Possible.

Why Work With Us

At MetLife, you’ll be working for a company whose purpose is to help customers throughout their life’s journey, and often in their most critical time of need. You’ll be a part of developing leading-edge platforms that will have a lasting impact on the lives and well-being of tens of millions of customers.

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Hybrid Workspace

Employees engage in a combination of remote and on-site work.

MetLife's current workplace policies classify roles as Office, Hybrid or Virtual based on the nature of work, encouraging new ways of working together

Typical time on-site: Flexible
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