Strategic Portfolio Management and Performance Manager (Hybrid)

CareFirst BlueCross BlueShield; Baltimore (MD); On-site; USD 121,000 - 225,000; Full time

Job summary

CareFirst BlueCross BlueShield is seeking a Strategic Portfolio Management & Performance Manager to oversee enterprise portfolio alignment, governance, and value realization across Value Streams and IT portfolios in Baltimore. This role standardizes processes, enhances transparency, and drives performance measurement.

Responsibilities include leading portfolio planning, governance routines, and analytics while partnering with ePMO, finance, and business leaders to optimize investments and

Qualifications

• Education: Bachelor's Degree or equivalent with 5 years related experience.
• Experience: 5 years progressive experience in corporate strategy/portfolio management or related fields.
• supervisory or leadership experience: 2 years.

Responsibilities

• Oversee enterprise portfolio planning, annual planning, intake prioritization, roadmap sequencing, and portfolio refreshes.
• Drive portfolio governance and alignment routines with ePMO, value streams, finance, and leadership.
• Monitor portfolio performance through OKRs/KPIs, business case tracking, dashboards, and analytics; translate insights into recommendations.
• Build and lead a high-performing portfolio management team with staffing, coaching, and development.

Skills

Portfolio leadership

Portfolio management

Leadership

OKR tracking

Education

Bachelor's Degree

Job description

Resp & Qualifications

The Strategic Portfolio Management & Performance Manager provides enterprise-wide portfolio oversight to ensure that all initiatives and investments are strategically aligned, and organizational resources are optimized for maximum value delivery. Plays a critical role in standardizing portfolio processes, enhancing transparency, and driving consistent performance measurement across Value Streams and broader IT portfolio.

Purpose

Resp & Qualifications

The Strategic Portfolio Management & Performance Manager provides enterprise-wide portfolio oversight to ensure that all initiatives and investments are strategically aligned, and organizational resources are optimized for maximum value delivery. Plays a critical role in standardizing portfolio processes, enhancing transparency, and driving consistent performance measurement across Value Streams and broader IT portfolio.

Essential Functions

• Oversee enterprise portfolio planning, including annual planning, intake prioritization, roadmap sequencing, and recurring portfolio refreshes to ensure initiatives, capacity, and investments remain aligned to enterprise strategy and goals. Serve as an enterprise portfolio lead across value streams and platforms to identify dependencies, support resource alignment, standardize practices, and maintain visibility into request disposition.
• Drive portfolio governance and alignment routines in partnership with the ePMO, value streams, business leaders, technology, and finance teams. Provide transparent portfolio readouts to leadership, strengthen data governance and reporting consistency, and advance portfolio management maturity to improve delivery effectiveness and enterprise value realization.
• Monitor portfolio performance and value realization through OKRs/KPIs, business case tracking, dashboards, and actionable analytics. Translate portfolio insights into recommendations that inform prioritization, funding alignment, risk mitigation, and corrective action in collaboration with Financial Planning & Analysis.
• Build and lead a high-performing portfolio management team by establishing practices, standards, repeatable processes, and development plans. Provide management oversight of direct reports, including hiring, performance feedback, coaching, professional development, and administrative responsibilities.

Supervisory Responsibility

This position manages people.

Qualifications

Education Level: Bachelor's Degree OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Experience: 5 years progressive experience in one or more of the following: corporate strategy and portfolio management, healthcare or financial consulting, medical affairs or market research with experience in leading executive-level strategic discussions. 2 years supervisory or demonstrated progressive leadership experience.

Preferred Qualifications

• MBA or other advanced degree with demonstrated financial, strategic, and business acumen, preferred.
• Demonstrated experience in one or more of the following areas: strategic portfolio management, lean portfolio management, value stream management, enterprise governance, business case development, financial planning and analysis, OKR/KPI performance management, organizational change management, process improvement, business process reengineering, customer experience, or strategic planning.
• Experience leading portfolio management practices in a healthcare, payer, technology, consulting, or matrixed enterprise environment, preferred.
• Experience building dashboards, portfolio reporting routines, governance forums, or executive-level performance readouts, preferred.

Knowledge, Skills And Abilities (KSAs)

• Strategic portfolio and product leadership: Ability to shape product vision, manage roadmaps, prioritize initiatives, and align portfolio investments to enterprise strategy and value realization.
• Portfolio management, agile practices, and performance measurement: Strong knowledge of lean portfolio management, value stream management, continuous improvement, feature decomposition, financial acumen, and KPI/OKR tracking.
• Business analysis and problem solving: Demonstrated capability in business analysis, critical thinking, design thinking, functional strategy execution, and applying healthcare or market trend insights to decision-making.
• Cross-functional leadership and stakeholder management: Proven ability to collaborate across teams, influence and negotiate with stakeholders, make strategic decisions, and develop and motivate teams.

Salary Range: $121,120 - $224,829

Salary Range Disclaimer

The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilities of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).

Equal Employment Opportunity

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Federal Disc/Physical Demand

Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.

Physical Demands

The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.

Sponsorship in US

Must be eligible to work in the U.S. without Sponsorship.