Do you want to lead the change?
At Volvo Cars, we are always looking for world-class leaders who bring out the best in our people. If you want to be part of leading and inspiring our mission to change the automotive experience and make people’s lives less complicated, then we have the job for you.
What you will do
A Portfolio Manager in the Transformation Orchestration Team plays a crucial role in overseeing and managing a portfolio of projects and programs within an organization. The primary responsibility is to ensure that the P&SC organization's project and program investments align with its strategic objectives and deliver value. Here are some key responsibilities and activities typically associated with the role of a Portfolio Manager in the TMO:
- Portfolio Strategy and Planning:
- Develop and align the portfolio strategy with the organization's strategic goals and objectives.
- Prioritize and select projects and programs that best support the strategic direction.
- Define and communicate the portfolio's vision and goals to stakeholders.
- Portfolio Governance:
- Establish and enforce portfolio governance practices and policies.
- Define and maintain portfolio management standards and guidelines.
- Ensure compliance with regulatory requirements and organizational standards.
- Project and Program Prioritization:
- Evaluate potential projects and programs based on criteria such as strategic alignment, resource availability, and risk.
- Prioritize projects and allocate resources accordingly.
- Make recommendations for project initiation, continuation, or termination.
- Resource Management:
- Monitor and manage the allocation of resources (human, financial, and technology) across the portfolio.
- Balance resource demands and constraints to optimize portfolio performance.
- Performance Monitoring and Reporting:
- Establish key performance indicators (KPIs) and metrics to measure the portfolio's performance.
- Regularly assess project and program progress against targets.
- Provide reporting to stakeholders and senior management on portfolio status.
- Risk Management:
- Identify and assess risks within the portfolio and develop risk mitigation strategies.
- Ensure that risk management processes are in place for individual projects and programs.
- Financial Management:
- Monitor the financial aspects of projects and programs, including budgets, expenses, and benefits realization.
- Ensure financial alignment with the overall portfolio strategy.
- Portfolio Optimization:
- Continuously review the portfolio to identify opportunities for optimization, consolidation, or changes.
- Adjust the portfolio as needed to maintain alignment with the organization's strategic objectives.
- Decision-Making:
- Make recommendations to senior management regarding changes to the portfolio, investments, and priorities.
- Assist in resolving conflicts and making tough decisions related to project and program selection and resource allocation.
- Portfolio Documentation:
- Maintain documentation related to the portfolio, including project charters, status reports, and financial records.
The role of a Portfolio Manager in the TMO is critical in ensuring that an organization's project investments are well-managed, aligned with its strategic objectives, and deliver value. They help in maintaining a balance between project demand, resource constraints, and organizational goals, ultimately contributing to the success of the organization.
Want to know more? We hope so
We’d love to receive and review your application. If you want more information about the role and its responsibilities or simply learn a bit more about the team, please reach out to the the recruiter at neha.mehta@volvocars.com.
Who are we?
Everything we do starts with people. Our purpose is to provide freedom to move, in a personal, sustainable and safe way. We are committed to simplifying our customers’ lives by offering better technology solutions that improve their impact on the world and bringing the most advanced mobility innovations to protect them, their loved ones and the people around them.
Volvo Cars’ continued success is the result of a collaborative, diverse, and inclusive working environment. The people of Volvo Cars are committed to making a difference in our world. Today, we are one of the most well-known and respected car brands, with over 40,000 employees across the globe. We believe in bringing out the best in each other and harnessing the true power of people. At Volvo Cars your career is designed around your talents and aspirations so you can reach your full potential. Join us on a journey of a lifetime as we create safety, autonomous driving and electrification technologies of tomorrow.
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