Manager Portfolio Management

Posted 6 Days Ago
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Chicago, IL
Hybrid
89K-149K Annually
7+ Years Experience
Cloud • Fintech • Machine Learning • Analytics • Financial Services
We power a network that helps people achieve a brighter financial future.
The Role
The Manager of Portfolio Management at Discover oversees cross-functional initiatives, focusing on portfolio management, risk management, and alignment of projects with organizational goals. This role includes managing a team, facilitating new work intake, collaborating with product and technology leaders, and ensuring transparency and value in portfolio work.
Summary Generated by Built In

Discover. A brighter future.
With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.
Come build your future, while being the reason millions of people find a brighter financial future with Discover.
Job Description:
At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers and is consistently awarded for both. We're all about people, and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.
Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis.
The role helps support cross-functional areas to ensure that initiatives and programs are coordinated and aligned with organizational objectives, with broader responsibilities focused on portfolio management, establishing and improving operating models and frameworks. The Manager of Portfolio Management team leads a team of Portfolio Managers and partners with the leads of Product and Technology Areas/Families to oversee the flow of work through system, including intake, prioritization, tracking and reporting, to enable the business teams and leadership see progress, remove blockers and make decisions needed to deliver the most value to the organization. Develops and coaches teams to be able to identify, manage, and escalate risk, and effectively manages risk within the teams you oversee.
Responsibilities

  • Partner with product and technology leaders to drive value-based prioritization of work through financial evaluation of investments, development of business strategy and approach to translating ideas into executable portfolios that align with vision and strategy. Provide transparency and insights into the expected value of portfolio work.
  • Champion enterprise due diligence process and the product delivery life cycle. Partner with the business to oversee the flow of work through system, including intake, prioritization, tracking and reporting, to enable the business teams and leadership see progress, remove blockers, and make decisions needed to deliver the most value to the organization.
  • Facilitate the Intake process for new work entering the portfolio, ensuring work is aligned to goals and has clearly defined scope and value and gains all necessary approvals (i.e., risk, architecture, finance etc.).
  • Build community, foster inter-team collaboration and problem solve. Have a direct and positive impact on people and teams; be accountable for the development of others. Mentor and assist more junior team members. Manage team capacity, develop schedules, set deadlines, delegate tasks to team members and hold team accountable to meeting deadlines.
  • Provide transparency and insights to the work and value expected within the Product work portfolio to reflect the priorities and efficiency of delivery to drive actions and decisions. Support creation of portfolio-level reporting materials, including scorecards, Jira dashboards, and other.
  • Orchestrate workflows across teams and complex portfolios in a matrixed operating model to align on timing of delivery and ensure operational readiness, risk assessments, and training considerations have been made to enable utilization and go to market of products.
  • Drive or assist research and/or brainstorming sessions; helps promote a culture of innovation within the department. Translate ideas and concepts into an executable projects.
  • Oversee the planning of Initiatives from inceptions through implementation and ensure adherence to industry, technology and business processes and standards.


Minimum Qualifications
At a minimum, here's what we need from you:

  • Bachelors Degree in Business Administration and Management or related
  • 6+ years of Portfolio Management or related experience
  • In lieu of degree, 8+ years of Portfolio Management or related experience


Preferred Qualifications
If we had our say, we'd also look for:

  • 8+ years of experience in Product, Business, Technical, or related field
  • 3+ years in PMO experience
  • Fundamental understanding of Product delivery lifecycle, Project/Program management methodology, JIRA, SDLC and Agile methodology.


#li-cs1 #remote
Application Deadline:
The application window for this position is anticipated to close on Aug-24-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
Compensation:
The base pay for this position generally ranges between $88,500.00 to $149,300.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.
Benefits:
We also offer a range of benefits and programs based on eligibility. These benefits include:

  • Paid Parental Leave
  • Paid Time Off
  • 401(k) Plan
  • Medical, Dental, Vision, & Health Savings Account
  • STD, Life, LTD and AD&D
  • Recognition Program
  • Education Assistance
  • Commuter Benefits
  • Family Support Programs
  • Employee Stock Purchase Plan


Learn more at mydiscoverbenefits.com .
What are you waiting for? Apply today!
All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.
Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights & Pay Transparency Nondiscrimination Provision)
Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email [email protected] . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

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The Company
HQ: Riverwoods, IL
18,000 Employees
Hybrid Workplace
Year Founded: 1986

What We Do

Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

Future Edge 50: 2020, 2019 & 2018

Why Work With Us

You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

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