Lead Director, Capital Planning & Portfolio Governance

CVS Health; Hartford (CT); Hybrid; USD 100,000 - 232,000; Full time

Benefits offered by this job

Medical, dental, vision

Paid time off

Equity incentive program

Job summary

CVS Health is seeking a Lead Director, Capital Planning & Portfolio Governance to steer end-to-end capital planning for Aetna Clinical Solutions. Translate strategic priorities into an actionable investment portfolio and guide funding, capacity planning, and governance with senior leaders.

You will develop business cases, mentor a team, and deliver executive-level insights using analytics to optimize portfolios and enable faster, data-driven decisions.

Qualifications

• 10+ years in investments, portfolio or strategic finance.
• Experience leading enterprise investment decisions.
• Proven ability to build and evaluate business cases.
• Translate strategy into investment priorities.
• Influence senior leaders in matrixed orgs.
• Strong financial and analytical skills.
• Leadership of high-performing teams.

Responsibilities

• Lead the end-to-end ACS capital planning process, including investment intake, evaluation, prioritization, funding strategy, and portfolio recommendations.
• Establish and maintain portfolio governance processes for consistent assessment and leadership decisions.
• Lead development and financial evaluation of business cases, including modeling and ROI analysis.
• Collaborate with ACS leadership, Finance, tech partners, and stakeholders on funding requirements and prioritization.
• Oversee sub-portfolio planning, dependencies, risks, and capacity.
• Provide ongoing portfolio oversight and issue escalation.
• Maintain and refresh business cases as priorities evolve.
• Develop executive-level portfolio insights and decision materials.
• Lead and develop a high-performing capital-planning team.
• Coordinate integrated resource capacity planning and workforce trade-offs across portfolio.
• Identify cross-portfolio interdependencies and resolve resource conflicts.

Skills

Investment planning

Portfolio management

Financial modeling

Executive communication

Strategic leadership

Cross-functional collaboration

Decision support

People leadership

Education

Bachelor's degree

Master's degree preferred

Job description

We're building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

Position Summary

• We are open to location for this remote/hybrid opportunity, with a preference for qualified candidates in the Central or East time zones.**

The Lead Director, Capital Planning & Portfolio Governance will lead the end-to-end capital planning and portfolio governance function for Aetna Clinical Solutions (ACS), translating strategic priorities into an actionable investment portfolio and enabling informed investment and resource allocation decisions. This role will lead investment intake and prioritization, business case development, capital planning governance and funding strategy, integrated resource capacity planning, sub-portfolio planning, dependency management, and ongoing portfolio oversight. The Lead Director will partner closely with senior business leaders, Finance, technology partners, and cross-functional stakeholders to evaluate investment opportunities, align priorities with available funding, talent, and delivery capacity, resolve portfolio trade-offs, and provide executive-level decision support. The position will also lead and develop a team responsible for executing these capabilities across the ACS portfolio.

Key Responsibilities

• Lead the end-to-end ACS capital planning process, including investment intake, evaluation, prioritization, funding strategy, and portfolio recommendations.
• Establish and maintain portfolio governance processes that enable consistent assessment of investment opportunities and informed leadership decision-making.
• Lead development and financial evaluation of business cases for strategic initiatives, including financial modeling, cost-benefit analysis, investment requirements, strategic alignment, and success measures.
• Partner with ACS leadership, Finance, technology partners, and business stakeholders to evaluate funding requirements and advise on investment prioritization and resource-allocation tradeoffs.
• Lead sub-portfolio planning and ownership, providing visibility into investment priorities, funding requirements, dependencies, risks, and emerging portfolio needs.
• Provide ongoing portfolio oversight, identify issues requiring leadership attention, and drive appropriate escalation and resolution.
• Oversee maintenance and refresh of approved business cases as investment assumptions, scope, financials, or strategic priorities evolve.
• Develop executive-level portfolio insights, recommendations, and decision materials that translate complex financial and operational information into clear actions.
• Lead, coach, and develop a high-performing team responsible for capital planning, investment analysis, business case development, and portfolio governance.
• Lead integrated resource capacity planning and resource demand management across the investment portfolio, matching investment priorities to available talent and delivery capacity and advising leadership on workforce trade-offs.
• Identify and manage cross-portfolio interdependencies, resolve resource conflicts, assess cross-initiative impacts, and elevate constraints requiring enterprise prioritization decisions.
• Prepare and facilitate steering committees, leadership governance forums, and portfolio reviews, ensuring executives have clear options, trade-offs, and recommendations to support timely decisions.
• Advance process optimization, automation, AI-enabled analytics, and productivity improvement opportunities within capital planning and portfolio governance.

Required Qualifications

• 10+ years of progressive experience in investment planning, portfolio management, strategic finance, management consulting, corporate strategy, business planning, or related disciplines.
• Demonstrated experience leading complex investment portfolios, strategic planning processes, or enterprise-scale investment decisions.
• Significant experience developing and evaluating business cases, including financial modeling, quantitative and qualitative analysis, and investment recommendations.
• Demonstrated ability to translate strategy into investment priorities and actionable portfolio decisions.
• Strong financial and analytical capabilities with experience evaluating complex investment and resource-allocation decisions.
• Demonstrated ability to influence and advise senior leaders in a highly matrixed organization.
• Strong executive communication, presentation, problem-solving, and decision-support capabilities.
• Demonstrated people-leadership experience, including coaching and developing high-performing teams.

Preferred Qualifications

• Healthcare or health insurance experience.
• Experience managing enterprise-wide or cross-functional investment portfolios with a high degree of complexity.
• Knowledge of clinical and health plan operations.
• Experience working across business, Finance, technology, and operational organizations.
• Experience operating in a dynamic environment with changing priorities and multiple executive stakeholders.

Education

Bachelor's Degree, Or Equivalent Experience. Master's Degree Preferred.

Pay Range

The Typical Pay Range For This Role Is

$100,000.00 - $231,540.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company’s equity award program.

Great Benefits For Great People

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families. This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 01/12/2027

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.