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It Portfolio Manager Jobs (NOW HIRING)

The IT Portfolio Manager manages the business unit's project portfolio while leading large, complex initiatives end to end ensuring delivery of measurable value aligned with strategic objectives.

The IT Portfolio Manager manages the business unit's project portfolio while leading large, complex initiatives end to end ensuring delivery of measurable value aligned with strategic objectives.

Manager IT Portfolio

Duluth, MN · On-site

$126K - $189K/yr

Overview The IT Portfolio Manager will own the IT portfolio of investments and the portfolio management capability. This role will provide governance and oversight of IT projects to ensure goals are ...

You will oversee portfolio performance, demand management, resource planning, financial oversight ... Lead the governance, oversight, and optimization of a large-scale enterprise IT portfolio, ensuring ...

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It Portfolio Manager information

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$88.5K

$118.6K

$157K

How much do it portfolio manager jobs pay per year?

As of Jul 5, 2026, the average yearly pay for it portfolio manager in the United States is $118,589.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,500.00 and $131,000.00 per year, depending on experience, location, and employer.

What is an IT Portfolio Manager job?

An IT Portfolio Manager is responsible for overseeing an organization's portfolio of IT projects, ensuring they align with business objectives, budgets, and strategic goals. They evaluate project performance, prioritize investments, and optimize resource allocation to maximize value. Their role involves collaborating with stakeholders, assessing risks, and ensuring that IT initiatives support overall business growth and efficiency.

What are the key skills and qualifications needed to thrive in the It Portfolio Manager position, and why are they important?

To thrive as an IT Portfolio Manager, you need expertise in IT project management, portfolio analysis, and resource allocation, typically supported by a relevant bachelor’s degree and experience in technology-driven organizations. Familiarity with project portfolio management (PPM) tools such as Microsoft Project, JIRA, or ServiceNow, along with certifications like PMP or ITIL, is highly valuable. Excellent communication, strategic thinking, and stakeholder management skills help you succeed in this role. These abilities are crucial for aligning technology initiatives with business goals, optimizing resource use, and ensuring successful delivery of IT programs.

What are some common challenges an IT Portfolio Manager faces, and how can they overcome them?

IT Portfolio Managers often encounter challenges such as balancing competing project priorities, managing limited resources, and ensuring clear communication among diverse stakeholders. Success in this role requires adept prioritization, continuous evaluation of project value, and the ability to adapt to shifting business needs. Building strong relationships with business units and IT teams, as well as staying current on industry best practices, can help mitigate these challenges. If you enjoy dynamic problem-solving and strategic decision-making in a collaborative environment, this career offers engaging and rewarding opportunities.

More about It Portfolio Manager jobs
What cities are hiring for It Portfolio Manager jobs? Cities with the most It Portfolio Manager job openings:
Who are the top companies hiring for It Portfolio Manager jobs? The top employers for It Portfolio Manager jobs are:
What states have the most It Portfolio Manager jobs? States with the most job openings for It Portfolio Manager jobs include:
Infographic showing various It Portfolio Manager job openings in the United States as of June 2026, with employment types broken down into 81% Full Time, and 19% Part Time. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $118,589 per year, or $57 per hour.
IT Portfolio Manager

Full-time

Medical, Dental, Retirement

Posted 11 days ago


Job description

Job Title:
IT Portfolio Manager
Location:
Block 23
What you'll do:
The IT Portfolio Manager is responsible for portfolio level demand management, capacity planning, financial management and execution planning across assigned IT portfolios. This role ensures portfolio demand is aligned to enterprise priorities and that delivery commitments are supported by realistic capacity and resource plans, particularly in support of quarterly and Product Increment (PI) Planning. This role is also responsible for end-to-end portfolio financial governance, budgeting, forecasting, and benefits realization tracking across assigned IT investment portfolios.
The role serves as the single source of truth for portfolio demand, team rosters, capacity, and assignments and portfolio financials with focus on portfolio health related to targets and operational thresholds. The IT Portfolio Manager partners closely with IT Development Leaders, Portfolio Delivery Leaders, Product, and Business stakeholders to enable informed prioritization and trade off decisions while ensuring adherence to budget, Capex/Opex targets and proactive management of financial changes. This role also plays a key leadership role in the implementation and adoption of the enterprise Project Portfolio Management (PPM) tool, transitioning planning practices from manual processes to a mature, scalable platform.
Success in this role is measured by improved demand to capacity alignment, feasible PI outcomes, increased transparency, reduced delivery bottlenecks and clarity of financial execution and management to targets.
  • Drive portfolio demand management: Lead intake, evaluation, and prioritization forums; partner with Business, Product, Architecture, and IT Delivery to shape demand into well-defined, executable initiatives aligned to strategy, funding, and priorities.
  • Lead capacity planning and trade-off decisions: Maintain portfolio-level capacity models and team allocations; perform demand vs. capacity analysis to enable sequencing, prioritization, and transparent decision-making.
  • Support quarterly and PI Planning cycles by providing capacity insights, scenario modeling, and commitment readiness. Validate that planned work aligns with available capacity before commitments are made.
  • Monitor portfolio planning capacity health, risks, and potential delivery constraints. Identify and escalate dependency, resource, and capacity-related risks early.
  • Project and Portfolio Management Tool: Serve as subject matter expert (SME) for demand intake, capacity planning, PI Planning, and roadmap sequencing within the PPM tool. Support implementation of the enterprise PPM solution, including requirements definition, training, and adoption planning. Drive the transition from manual planning tools to the PPM platform while maintaining data accuracy and credibility.
  • Develop procedures, standards, and training for demand intake, capacity management, and resource utilization within the PPM tool. Train and support Project Managers, Scrum Masters, and Portfolio stakeholders in consistent tool usage.
  • Own portfolio financial management and reporting: Manage budgets across annual planning, forecasting, and monthly actuals; track variances, risks, and commitments while delivering clear, insight-driven financial reporting to leadership and governance bodies.

What you'll need:
  • 10+ years of experience in portfolio management, PMO, capacity planning, demand management, program management or IT planning roles.
  • Demonstrated experience supporting PI Planning or quarterly planning in Agile or hybrid Agile environments and tools (Azure DevOps, Planview).
  • Strong experience with demand intake, prioritization frameworks, and capacity modeling.
  • Advanced experience in portfolio and project financial management and reporting.
  • Proven ability to partner with senior IT leaders, Enterprise PMO, IT PMO Product, and Business leaders to influence prioritization decisions.
  • Strong analytical skills with the ability to translate complex data into actionable insights.
  • Advanced written and verbal communication skills.
  • Bachelor's degree in related field required, Masters or MBA in related field preferred.
  • Previous leadership experience preferred.
  • Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Advanced Excel skills and strong analytical skills with the ability to translate complex data into actionable insights.
  • Experience in Financial Services or other regulated environments.
  • Experience implementing or administering enterprise PPM tools (e.g., Planview, Planisware, Clarity).
  • Relevant certifications (PPM, PfMP, SAFe, PMI-ACP, or equivalent).
  • May require up to 25% travel.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About the company:
Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation