VPSVP IT Portfolio Delivery in a Major UAE-Based Bank

S.P.S People FZE; Dubai; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading financial institution is seeking a Vice President/Senior Vice President for IT Project Portfolio Delivery in Dubai. The role requires extensive experience in program management and the ability to drive projects that align with strategic objectives. Candidates must possess a Bachelor's Degree and preferably a Master's Degree, with strong skills in stakeholder management and risk mitigation. A very competitive compensation package will be offered to successful candidates.

Benefits

Competitive compensation package

Qualifications

• Minimum 12 years of experience in program, portfolio, and project management.
• 3 years in a similar project portfolio management role in banking or financial services.
• Bachelor's Degree required; Master's Degree preferred.

Responsibilities

• Define the portfolio strategy and ensure alignment with bank's objectives.
• Coordinate planning of multiple programs and projects.
• Monitor performance and provide risk mitigation plans.

Skills

Program/portfolio management

Risk management

Stakeholder management

Cross-functional team leadership

Education

Bachelor's Degree in project management or similar

Master's Degree in relevant field

Job description

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

A selected and onboarded employee for this senior role will be responsible for:

• Defining the portfolio strategy and ensuring projects contribute to the bank's strategic objectives;
• Coordinating the planning of multiple programs and projects, managing cross-functional teams and resources;
• Monitoring and tracking portfolio performance, providing status reports, risks, and mitigation plans;
• Implementing and managing portfolio governance processes to ensure compliance with standards, policies, and frameworks;
• Managing stakeholder relationships and expectations, ensuring portfolio value is understood and communicated;
• Conducting regular portfolio reviews and adjusting strategies for successful outcomes;
• Leading risk identification and mitigation processes across the portfolio;
• Developing and enhancing the knowledge and skills of key team members, including PMs and BAs;
• Ensuring a high success rate for projects delivered on time, within scope, and within budget;
• Reducing portfolio-level delivery risks through early identification and mitigation strategies;
• Increasing visibility and reporting accuracy for the portfolio;
• Reducing resource conflicts through improved cross-project resource management;
• Improving resource onboarding via pipeline management and leveraging ODCs and partners;
• Achieving effective portfolio resource utilization without exceeding budgets;
• Implementing portfolio review processes with 100% of projects evaluated quarterly for alignment to business strategy;
• Ensuring 95% of projects stay within budget across the portfolio.

Requirements:

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

Benefits: A very competitive compensation package will be discussed with shortlisted candidates.