IT Portfolio Manager

MetLif; Cary (NC); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Health plan

Life insurance

401(k) with employer match

Paid time off

Job summary

MetLife's Global Technology and Operations (GTO) seeks a Portfolio Manager to align technology investments with strategic priorities and financial objectives. You will oversee PAR, manage portfolios across GTO, and partner with senior leaders to drive governance and optimization.

The role requires strong financial acumen, stakeholder management, and experience leading large tech initiatives. Hybrid work and competitive compensation are offered.

Qualifications

• Bachelor's degree in business, Finance, Information Technology or related field.
• 3+ years of experience in portfolio management, PMO, project governance, financial analysis or related disciplines.
• Strong understanding of project and portfolio management methodologies and governance frameworks.
• Demonstrated experience managing large, complex technology initiatives and investments.
• Advanced financial acumen with CapEx/OpEx, contracts, budgeting, and business case development.

Responsibilities

• Oversee the PAR process from intake through executive approval.
• Facilitate portfolio reviews and governance forums for investment decisions.
• Partner with Finance and stakeholders to manage portfolio forecasts and funding impacts.
• Analyze project financials including CapEx, OpEx, depreciation, contracts, and funding.
• Assist leadership with investment decisions and portfolio optimization.

Skills

Portfolio management

PMO

Financial analysis

Governance frameworks

Stakeholder management

Forecasting

Education

Bachelor's degree in business/Finance/IT

Tools

Apptio

ServiceNow

Power BI

Azure DevOps

Job description

The Opportunity

Join MetLife’s Global Technology and Operations (GTO) team, where what you build truly matters. Here, innovation and collaboration drive everything we do — from developing best-in-class digital solutions to safeguarding customer and employee data. Whether you're transforming insights into customer-first strategies, advocating for people in life’s most important moments, or simplifying how we serve millions worldwide, your expertise makes a lasting impact. We bring MetLife’s purpose to life, shaping a more confident future. Let’s build it together.

The Portfolio Manager plays a critical role in ensuring technology investments are aligned with strategic business priorities and financial objectives. This role is responsible for overseeing the Project Approval Request (PAR) process, managing portfolios across Global Technology organizations, and partnering with senior leaders to plan, prioritize, govern, and monitor complex technology initiatives.

The Portfolio Manager serves as a trusted advisor to business and technology leaders, providing guidance on investment decisions, project governance, financial planning, portfolio health, and resource prioritization. The successful candidate will combine strong financial acumen, analytical thinking, and stakeholder management skills to drive effective portfolio outcomes and continuous process improvement.

Key Responsibilities

• Oversee the Project Approval Request (PAR) process from intake through executive approval.
• Facilitate portfolio reviews and executive governance forums to support investment decisions.
• Partner with Expense Management, Finance, and business stakeholders to manage portfolio forecasts and funding impacts resulting from new initiatives.
• Analyze project financials including capital expenditures (CapEx), operating expenditures (OpEx), depreciation impacts, contract structures, and funding requirements.
• Assist leadership teams with technology investment decisions and portfolio optimization opportunities.

Required Qualifications

• Bachelor's degree in business, Finance, Information Technology or a related field.
• 3+ years of experience in portfolio management, PMO, project governance, financial analysis, technology planning, or related disciplines.
• Strong understanding of project and portfolio management methodologies and governance frameworks.
• Demonstrated experience managing large, complex technology initiatives and investments.
• Advanced financial acumen with knowledge of:
  • Capital (CapEx) and Operating (OpEx) expense treatment
  • Technology contracts and vendor agreements
  • Forecasting and budget management
  • Business case development and investment analysis

Preferred Qualifications

• Experience within a technology PMO, Technology Finance, Portfolio Management, or Strategy organization.
• Experience supporting executive governance and investment approval processes.
• Experience with portfolio management and financial planning platforms (e.g., Apptio, ServiceNow, Power BI, Azure DevOps).

Location Expectation: This is a hybrid role requiring a minimum of 3 days per week in office.

The expected salary range for this position is $90,000 - $120,000. This role may also be eligible for annual short-term incentive compensation and stock-based long-term incentives. All incentives and benefits are subject to the applicable plan terms.

Benefits We Offer

• We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability.
• We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, paid time off, paid holidays, volunteer time off, tuition assistance and much more!

About MetLife

Recognizedon Fortune magazine's list of the "World's Most Admired Companies",Fortune World’s 25 Best Workplaces™, as well as the Fortune 100 Best Companiesto Work For®, MetLife, through its subsidiaries and affiliates, is one of theworld’s leading financial services companies; providing insurance, annuities,employee benefits and asset management to individual and institutionalcustomers. With operations in more than 40 markets, we hold leading positionsin the United States, Latin America, Asia, Europe, and the Middle East.

As part of our New Frontier strategy, MetLife is building an AI-enabled, people-centered future. We’re looking for people who bring curiosity, adaptability, and a growth mindset as we use AI to enhance how we serve customers, support communities, and evolve the way work gets done. At MetLife, AI is a responsible partner that supports human judgment, creativity, and continuous improvement while helping us build trust, inclusion, and long-term value.

Our purposeis simple - to help our colleagues, customers, communities, and the world atlarge create a more confident future. United by purpose and guided by our corevalues - Win Together, Do the Right Thing, Deliver Impact Over Activity, andThink Ahead - we’re inspired to transform the next century in financialservices. At MetLife, it’s #AllTogetherPossible . Join us!

MetLife is an Equal Opportunity Employer. All employment decisions are made without regards to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law ("protected characteristics"). If you need an accommodation due to a disability, please email us at [e-mail]. This information will be held in confidence and used only to determine an appropriate accommodation for the application process. MetLife maintains a drug-free workplace.

This posting is for a current vacancy and is anticipated to remain open for at least 90 days from the listed posting date.