Additional skillset/ experience requirements:
- Experience with managing Portfolios and programmes with large complexity, business-critical and cross-functional teams spanning multiple regions and functions.
- Excellent written and verbal communication skills, including presentation to executive committees and senior level stakeholders.
- Strong understanding of constructing and managing portfolio financials (i.e. budget forecast, actuals, cost optimisation) and capacity management (demand, hiring, workforce skills mapping/balancing).
- Strong Governance & Controls background, with experience in setting up or adapting end‑end portfolio governance and execution management frameworks.
- Experience managing engagement across all lines of defence i.e. Controls, Oprisk, Compliance, Internal Audit.
- Experience with Third‑party engagement for resources, consultancy and technology.
- Strong analytical/problem‑solving mindset, with the ability and willingness to efficiently handle portfolio challenges which may arise.
Purpose of the role
To lead the portfolio management team in the delivery of successful projects, while ensuring that portfolio management processes and practices are aligned with controls and governance standards and that projects are aligned with the organisation’s strategic objectives.
Accountabilities
- Leading of portfolio management team, including setting of portfolio vision, management of portfolio performance, and provision of guidance and support to portfolio analysts.
- Monitoring of portfolio performance, including tracking of project progress, managing budgets, identification of thematic risks and issues, and reporting on portfolio status to senior management.
- Management of portfolio documentation, including aggregation of portfolio book of work, schedules, and budgets, and ensuring that portfolio documentation is up‑to‑date and accurate.
- Facilitation of portfolio governance, including ensuring that projects are aligned with the organisation’s strategic objectives, aligned with the controls and governance standards and that portfolio thematic risks and issues are managed effectively.
- Managing the portfolio Book of Work outlining the sequence and dependencies of change initiatives, considering factors like resource availability, stakeholder buy‑in, and potential risks.
- Facilitation of change management activities, to ensure that change initiatives are successfully implemented and embedded in the organisation.
- Continuous improvement of portfolio management practices, including identification of areas for improvement and implementation of changes to improve portfolio performance.
- Collaboration with stakeholders, including senior management, project teams, and external partners, to ensure that portfolio management practices are aligned with their needs and expectations.
- Development of portfolio management processes that are aligned with controls and governance standards and that support the delivery of successful projects.
Director Expectations
- To manage a business function, providing significant input to function wide strategic initiatives. Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business wide.
- They manage the direction of a large team or sub‑function, leading other people managers and embedding a performance culture aligned to the values of the business. Or for an individual contributor, they lead organisation wide projects and act as deep technical expert and thought leader, identifying new ways of working and collaborating cross functionally. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions.
- Provide expert advice to senior functional management and committees to influence decisions made outside of own function, offering significant input to function wide strategic initiatives.
- Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub‑function.
- Escalates breaches of policies / procedure appropriately.
- Foster and guide compliance, ensure regulations are observed that relevant processes in place to facilitate adherence.
- Focus on the external environment, regulators, or advocacy groups to both monitor and influence on behalf of Barclays, when appropriate.
- Demonstrate extensive knowledge of how the function integrates with the business division / Group to achieve the overall business objectives.
- Maintain broad and comprehensive knowledge of industry theories and practices within own discipline alongside up‑to‑date relevant sector / functional knowledge, and insight into external market developments / initiatives.
- Use interpretative thinking and advanced analytical skills to solve problems and design solutions in often complex/ sensitive situations.
- Exercise management authority to make significant decisions and certain strategic decisions or recommendations within own area.
- Negotiate with and influence stakeholders at a senior level both internally and externally.
- Act as principal contact point for key clients and counterparts in other functions/ businesses divisions.
- Mandated as a spokesperson for the function and business division.
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