VP / SVP IT Portfolio Delivery in a Major UAE-Based Bank

One client, a major UAE-based bank, is looking for experienced program / portfolio project management professionals for a position of Vice President / Senior Vice President in IT Project Portfolio Delivery. This is a permanent and on-site position, based in Dubai in the United Arab Emirates.

A selected and onboarded for this senior role employee will do the following:

• Define the portfolio strategy and ensure that projects within the portfolio contribute to the strategic objectives of the bank;
• Coordinate the planning and execution of multiple programs and projects, managing cross-functional teams and resources;
• Monitor and track the performance of the portfolio, providing reports on status, risks, and risk mitigation plans;
• Implement and manage portfolio governance processes, ensuring compliance with standards, policies, and frameworks;
• Manage stakeholder relationships and expectations, ensuring that the portfolio's value is understood and communicated;
• Conduct regular portfolio reviews and adjust strategies as necessary to ensure successful outcomes;
• Lead risk identification and risk mitigation processes across the portfolio;
• Develop and enhance knowledge and skills of the key team members including the PMs and BAs;
• Ensure a high success rate for projects delivered on time, within scope and within budget across the portfolio;
• Reduce portfolio-level delivery risks through early identification and mitigation strategies;
• Increase visibility and reporting accuracy for the portfolio;
• Reduce resource conflicts through improved cross-project resource management processes;
• Improve resource onboarding through pipeline management and leveraging ODCs and partners;
• Achieve effective portfolio resource utilization rate without exceeding budget limits;
• Implement portfolio review processes, with 100% of projects evaluated for alignment to business strategy each quarter;
• Achieve 95% of projects staying within budget across the portfolio.

Requirements

A successful candidate should have:

• Minimum 12 or more years of experience in program portfolio and project management, preferably in banking and / or financial services industries;
• Minimum 3 or more years of experience in a similar project portfolio management role, preferably in banking and / or financial services industries;
• A Bachelor Degree in project management, engineering, business administration or similar business areas; a Master Degree is preferred.

A very competitive compensation package shall be discussed with the shortlisted candidates.