PMO / Portfolio Lead
- Luxoft
- 10 - 15 years
- Bengaluru
- 29 days ago
- Email to a friend
- Report this job
Job Description
We are seeking a PMO / Portfolio Lead to manage large-scale banking technology portfolios, including Murex and other Capital Markets platforms. This role requires strong expertise in governance, financial management, vendor contracting, resource planning, and strategic advisory. You will oversee end-to-end portfolio delivery, ensure compliance, and provide actionable insights to senior leadership.
- Portfolio Governance & PMO Leadership
- Establish and maintain governance frameworks for technology programs.
- Drive intake, approval, and KPI tracking processes.
- Financial Management & Reporting
- Manage budgets, forecasts, and variance analysis for multi-million-dollar portfolios.
- Ensure compliance with accounting standards (e.g., IAS 38) and internal controls.
- Contracting & Resource Management
- Oversee Statements of Work (SoWs), renewals, and vendor negotiations.
- Manage onboarding, backfills, and resource allocation across programs.
- Risk & Issue Management
- Identify risks, maintain mitigation plans, and provide executive dashboards.
- Process Improvement & Standardization
- Implement PMO best practices, automation, and reporting enhancements.
- Stakeholder & Vendor Engagement
- Act as a liaison between technology teams, business units, and external vendors.
- Negotiate rate cards and optimize vendor performance.
- Career Growth Path
- Short-Term: Lead PMO for critical banking platforms.
- Mid-Term: Progress to Portfolio Manager or Head of PMO.
- Long-Term: Move into Director of Program Management or Transformation Office Lead roles
Must have
- 10+ years in PMO, Program Management, or Portfolio Governance roles.
- Must be from Tier 1 MBA colleges
Core Competencies
1.Contracting & SoW Expertise
Ability to draft, review, and manage Statements of Work.
Understanding of contractual terms, compliance, and renewal cycles.
Familiarity with vendor-supplied contractual models (T&M/FP).
2.Resource Management
Proven experience in managing new hires, backfills, and renewals.
Forecasting resource needs and aligning with project timelines.
Familiarity with vendor-supplied resource models (onsite/offshore).
3.Financial Acumen
Strong budgeting, forecasting, and variance analysis skills.
Ability to interpret financial data and make cost optimization recommendations.
Understanding of rate card benchmarking and cost-benefit analysis.
4.Strategic Thinking
Capability to analyze portfolio data and identify trends, risks, and opportunities.
Provide actionable insights to leadership for vendor strategy and resource planning.
Influence decision-making at senior levels.
5.Vendor Management
Experience managing large vendors (mainly IT services partners).
Ability to assess vendor performance and enforce SLAs.
Skilled in relationship management and conflict resolution.
6.Governance & Reporting
Expertise in PMO governance frameworks and compliance.
Ability to produce executive-level dashboards and reports.
Familiarity with tools like Fieldglass, JIRA, etc.
7.Stakeholder Management
Strong communication and negotiation skills.
Ability to manage multiple senior stakeholders across business and technology.
Experience in influencing without direct authority.
8.Process Improvement
Track record of implementing PMO best practices.
Ability to streamline contracting and resourcing processes.
Familiarity with Agile PMO or hybrid delivery models.
KPIs & Success Metrics
- Timely execution of SoWs and renewals (100% compliance).
- Accuracy of financial forecasts vs. actuals (95%).
- Reduction in vendor costs through negotiation and optimization.
- Stakeholder satisfaction score (4/5).
Nice to have
- Proactive Risk Management: Ask how they've identified and mitigated risks before escalation.
- Decision-Making Under Pressure: Examples of handling urgent vendor or resource issues.
- Strategic Advisory Experience: Times they influenced leadership decisions using data insights.
- Collaboration & Influence: Ability to work across finance, procurement, and technology teams.
Job Classification
Industry: LegalFunctional Area / Department: Project & Program ManagementRole Category: Technology / ITRole: IT Project LeadEmployement Type: Full timeContact Details:
Company: LuxoftLocation(s): Bengaluru
Keyskills: PMO resource management risk management issue management forecasting process improvement variance analysis accounting capital markets budgeting stakeholder management procurement onboarding agile finance jira
Similar positions
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in