Application Portfolio Manager

University of Minnesota; Minneapolis (MN); Hybrid; USD 131,000 - 203,000; Full time

Benefits offered by this job

Competitive wages

Healthcare including vision & dental

401K

Parking & tuition assistance

Job summary

University of Minnesota Physicians is seeking an Application Portfolio Manager in Minneapolis with a hybrid work arrangement. The role directs governance and lifecycle management across the application portfolio to align with business goals, security standards, and financial targets.

You will partner with vendors to manage upgrades and security, collaborate with stakeholders to optimize portfolios, and develop architecture documentation and scorecards.

Qualifications

• Bachelor's degree or equivalent experience in IT or information security.
• 5+ years in IT, business systems, application management, project or portfolio management.
• 3+ years managing an enterprise application portfolio or technology roadmap.

Responsibilities

• Oversee governance, lifecycle management, and optimization of the application portfolio.
• Partner with vendors on upgrades, security remediation, and pilot initiatives.
• Review portfolios, monitor contract performance, and drive improvements.
• Document architectures, CMDB, and application requirements.
• Translate business needs into solution recommendations and ensure compliance with standards.
• Coordinate cross-functional teams for seamless integration and ongoing performance metrics.
• Prepare monthly scorecards and report risks and opportunities to IT leadership.
• Assist with disaster recovery planning and security collaboration with Cybersecurity.

Skills

Portfolio governance

Vendor management

Project management

Communication

Education

Bachelor's degree in Information Technology / Information Security or related experience and/or certifications

Job description

Why M Physicians?

The Application Portfolio Manager is responsible for the optimized strategic governance, lifecycle management, and optimization of the organization’s application portfolio. This role ensures applications align with business objectives, security requirements, architectural standards, and financial targets.

What you will do as an Application Portfolio Manager :

• Partner with vendors to manage upgrades, enhancements, Tier 3 support, security vulnerability remediation, product demonstrations, and pilot/POC initiatives.
• Collaborate with stakeholders to review application portfolios, monitor vendor performance against contract obligations, and identify opportunities for solution enhancements and business-driven improvements.
• Create and maintain application diagrams, system documentation, the application CMDB, and application architecture requirements.
• Translate business requirements into solution recommendations and ensure new applications comply with established architecture standards and governance requirements.
• Gather and document business and technical requirements, support project planning and risk mitigation, and communicate progress, risks, and solutions to stakeholders.
• Partner with cross-functional teams and vendors to ensure seamless system integration, successful onboarding, and ongoing performance measurement throughout the vendor relationship lifecycle.
• Track and assess key metrics including adherence to architecture principles and policies, technical quality, security, cost, and lifecycle management.
• Prepare and deliver monthly application scorecard reporting to IT Management, highlighting performance trends, risks, and improvement opportunities.
• Perform operating system and compatibility assessments as needed and enforce M Physicians application security requirements in partnership with Cybersecurity.
• Collaborate with M Physicians Cybersecurity to develop, maintain, and test disaster recovery plans for critical applications and systems.

What you will need:

• Bachelor's degree in Information Technology / Information Security or related experience and/or certifications.
• 5+ years of progressive experience in IT, business systems, application management, project management, or portfolio management.
• 3+ years managing an enterprise application portfolio, product portfolio, PMO, or technology roadmap.
• Some experience establishing portfolio governance, prioritization frameworks, and investment decision processes.

Location: Minneapolis MN - Hybrid working schedule

Hours: 40 hours per week

Benefits: This is a fully benefit eligible position: Competitive wages, Healthcare (including vision & dental), 401K, parking & tuition assistance and more!

Compensation:

131,158.00 - 203,292.00 USD Annual

At M Physicians we believe in pay transparency and equity. The compensation for each position is based on experience, skills, qualifications, and other role-specific considerations. Our total compensation is designed to support your well-being, career growth, and work-life balance.

University of Minnesota Physicians (M Physicians), a non-profit organization headquartered in Minneapolis, seeks motivated individuals for both clinical and non-clinical roles to drive innovation in health and medicine. Our inclusive culture offers competitive salaries, excellent benefits, and the opportunity for career development in the exciting field of health care to over 1,200 physicians, 300 advanced practice providers, and 2,200 health professionals and staff across Minnesota and beyond.

Join us on a mission to advance medicine.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.