5 Portfolio Manager jobs in Kuwait

Position: Senior Portfolio Manager

Group: Information Technology

Primary Job Purpose

The role holder has the responsibility to manage, coordinate, and support the day-to-day activities in relation to the assigned projects in an efficient and effective manner, and ensure the correct operation and continuous enhancement of the various processes within his/her area of responsibility, to help achieve the Bank's strategic business objectives while maintaining compliance to laws, policies and regulations.

The job holder should therefore have a sound knowledge and understanding of the related Project Management frameworks, practices and processes together with their implications, and is expected to utilize, adapt and skilfully apply these to effectively support and successfully deliver the allocated IT projects within the specified timelines and allocated budgets.

Job Roles & Responsibilities:

Strategy, Planning and Management

Planning and Management

• Support the development of project portfolio management strategies aligned with organizational goals.
• Assist in providing insights and recommendations on project management trends, methodologies, and best practices.
• Encourage a culture of collaboration, communication, and knowledge sharing across project teams within the organization
• Manage assigned projects in-line with the project management methodology, and in adherence with Bank policies and procedures across the projects lifecycle (initiation, planning, execution, monitoring & controlling closure)
• Ensure the successful implementation of the Portfolio & Planning framework, strategy, processes, services and deliverables
• Promote quality achievement and performance improvement throughout the organization

Operations, Review and Reporting

Understanding

• Maintain updated knowledge of related frameworks, standards, rules, regulations, and related matters of interest to the department

Fieldwork

• Monitor and manage changes to the project scope, schedule, costs and budget to keep the project execution in line with the baseline plan
• Identify and capture project risks & issues, create and execute risk mitigation and issue resolution plans, ensuring tracking and successful resolution
• Complete and maintain all required project documentation for all assigned projects based on the approved framework/guidelines
• Participate in regular project reviews and audits to ensure compliance with established methodologies and standards
• Encourage a culture of continuous improvement by gathering feedback and lessons learned from project teams and related documentation in the lessons learned knowledge repository and similar

Review and Monitoring

• Monitor projects progress/performance and hold periodic project team meetings to assess project status and measure performance
• Identify and quantify variances and take appropriate corrective action, and communicate/escalate these as relevant

Reporting

• Generate and circulate scheduled periodic and requested ad-hoc reports ensuring their accuracy and timely delivery

Stakeholder Management

Internal Interactions

• Provide stakeholder support to facilitate project initiation, by reviewing requirements, resources, benefits, and risks, and ensure projects are launched within the capability, methodologies, and policies of the Bank
• Establish, influence and maintain close working relationships with internal contacts, including other project managers, staff, consultants, and contractors to achieve the desired outcomes
• Facilitate formal sign off on project deliverables by relevant stakeholders through a cooperative and collegial approach
• Work with business stakeholders on allocated portfolios to monitor status, alignment with organization strategy, prioritization of constituting projects and other related portfolio parameters
• Collaborate with business stakeholders on annual planning and budgeting for projects constituting allocated portfolio

External Representation

• Maintain continuous interaction, coordination and collaboration with external IT System and Service Suppliers throughout the projects lifecycle, managing contractual negotiations, payment schedules, approvals, and deliverables.

Job Specifications

Educational Qualification(s)

• Bachelor’s degree or equivalent in a related field

Experience

• Minimum 10 years of experience required
• Extensive experience in IT Systems projects and related processes, procedures and practices, including knowledge of related tools, concepts and methodologies preferably in a bank or a financial institution

Certification(s)

• PMP/PRINCE2
• Project Management Certification
• Software Development Lifecycle Knowledge
• Banking Operations

Language(s) known

• English (Proficient)
• Arabic (Proficient)