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Portfolio Director Jobs (NOW HIRING)

A.O. Smith

Portfolio Director - Residential

Ashland City, TN

$236K - $247K/yr

Direct, Manage and Develop Product Management resources to support the needs of the product strategy and development activities. * Represents customer needs and deliver products that best meet market ...

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$52.5K

$146.1K

$247K

How much do portfolio director jobs pay per year?

As of Jun 15, 2026, the average yearly pay for portfolio director in the United States is $146,114.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,500.00 and $195,000.00 per year, depending on experience, location, and employer.

What jobs pay 500,000 a year in the US?

A Portfolio Director typically does not earn $500,000 annually, but high-level executive roles such as Chief Executive Officers, Investment Bankers, and certain specialized surgeons can reach or exceed this income level. These positions often require extensive experience, advanced skills, and significant responsibilities, with compensation including salary, bonuses, and stock options. Achieving this income generally involves leadership in large organizations or high-stakes industries.

What are the key skills and qualifications needed to thrive as a Portfolio Director, and why are they important?

To succeed as a Portfolio Director, you need strong strategic planning, financial analysis, and project management skills, usually supported by a relevant degree and experience managing multiple projects or investments. Familiarity with portfolio management software, financial modeling tools, and certifications like PMP or CFA can be highly beneficial. Leadership, negotiation, and effective communication are essential soft skills for guiding teams and stakeholders. These competencies ensure the successful alignment, execution, and optimization of projects or investments within organizational goals.

What is the role of a Portfolio Director?

A Portfolio Director oversees a collection of projects and programs within an organization to ensure strategic alignment and maximize value. They are responsible for prioritizing initiatives, managing resources, and communicating with stakeholders to achieve business objectives. Strong leadership, strategic planning, and knowledge of project management tools are essential for this role.

What is the highest salary for a portfolio manager?

The highest salaries for portfolio managers can exceed $200,000 annually, with top earners in large firms or with extensive experience earning significantly more, especially when including bonuses and profit-sharing. Senior portfolio managers with advanced certifications like CFA and a strong track record often command the highest compensation in the industry.

What job makes $10,000 a month without a degree?

A Portfolio Director typically earns a high income through managing investment portfolios, client relationships, and strategic decision-making, often in finance or asset management firms. While a degree can be helpful, extensive experience, industry certifications like CFA, and strong networking are crucial for reaching such income levels without formal higher education.

What is the difference between Portfolio Director vs Project Manager?

AspectPortfolio DirectorProject Manager
ResponsibilitiesOversees multiple projects and programs aligning with strategic goalsManages individual projects, ensuring timely delivery and scope management
CredentialsOften requires advanced degrees and certifications like PMP or PgMPTypically holds PMP or similar project management certifications
Work EnvironmentStrategic, executive-level, often in corporate or agency settingsOperational, team-focused, working directly on project execution
FocusPortfolio oversight, strategic alignment, resource allocationProject planning, execution, and delivery

The main difference between a Portfolio Director and a Project Manager lies in scope and focus. The Portfolio Director oversees multiple projects and aligns them with strategic business goals, while the Project Manager concentrates on managing individual projects to ensure successful completion. Both roles often require similar certifications, but their responsibilities and work environments differ significantly.

What is a Portfolio Director?

A Portfolio Director is a senior management professional responsible for overseeing a group of related projects or programs within an organization. Their main role is to ensure that these projects align with the company's strategic goals, optimize resource allocation, and deliver maximum value. Portfolio Directors often coordinate with project managers, stakeholders, and executives to prioritize initiatives, manage risks, and track overall performance. They play a key role in decision-making to balance competing demands and achieve business objectives across the portfolio.

How does a Portfolio Director typically collaborate with cross-functional teams to achieve project goals?

A Portfolio Director works closely with project managers, department heads, and executive leadership to align projects with organizational strategy. They facilitate communication between teams, prioritize initiatives based on business value, and resolve resource conflicts. Regular portfolio review meetings and status updates are common practices, ensuring that all stakeholders are informed and that projects progress smoothly toward shared objectives. This collaborative approach is key to managing risks and adapting to changing organizational needs.
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Portfolio Director jobs near you
Portfolio Director - Residential

Portfolio Director - Residential

A. O. Smith Corporation

Ashland City, TN • On-site

$236K - $247K/yr

Full-time

Posted 3 days ago

A. O. Smith rating

7.3

Company rating: 7.3 out of 10

Based on 29 frontline employees who took The Breakroom Quiz

249th of 418 rated machine equipment manufacturers

Job description

PRIMARY FUNCTION:
Accountable for developing and deploying a comprehensive product vision and strategy to ensure the financial health and viability within the business. Responsible for product segments representing significant revenue and/or complexity (product families, channels, etc....) to A.O. Smith.
SPECIFIC DUTIES/ACCOUNTABILITIES
Product lifecycle from conception to end of life
  • Using the AOSNPD process, ensure new products are launched on-time and meet market and cost requirements by managing the abnormal and driving the organization to make the critical decisions on-time.
  • Identify sustaining product activities to be completed to ensure business needs are met.

Product Strategy
  • Responsible for the creation and maintenance of assigned segment strategies.
  • Responsible for developing 3-year product plans for the assigned product lines. The plans are to be updated no less than annually or as market conditions require.
  • Drive alignment on product strategies and roadmaps with the business leadership team to ensure appropriate support from all business functions as part of the product planning and development activities.

Product Management
  • Direct, Manage and Develop Product Management resources to support the needs of the product strategy and development activities.
  • Represents customer needs and deliver products that best meet market needs.
  • Conduct market research and competitive analysis to identify new product opportunities and ensure current product lines are competitive.

Risk Management
  • Identify potential risks, assess their impact, and develop risk mitigation strategies.
  • Ensure compliance with regulations and industry standards.
  • Implement planning and actions to minimize risks.

Leadership
  • Timely decision-making skills
  • Guide individuals and teams to make sound decisions.
  • Make sound decisions and communicate effectively how and why a decision was made
  • Comfortable functioning with a high degree of ambiguity
  • Delegates work to lowest and appropriate level in the organization

Lead by influence to coordinate cross-functional product activities to drive profitable growth
  • Ensuring health and financial viability by monitoring P&L and identify opportunities to optimize financial performance.
  • Develop, execute, and maintain a communication strategy to ensure that all relevant departments have timely and accurate product information to perform their roles in the organization.
  • Manage relationships and agreements with third party vendors who supply re-sell products to the business.
  • Provide teams with a sense of urgency to ensure tasks and projects are completed to meet timelines.

BASIC QUALIFICIATIONS:
  • Bachelor's degree from four-year college or university in Business or Technical Field with minimum of 7 years of related experience in Product Development and/or Product Management.
  • MBA strongly preferred.
  • Applicable water related industry knowledge and the experience of the certification process to bring products to market is strongly preferred.
  • Outstanding all around communication skills including verbal, written, and technical to effectively communicate with internal and external stakeholders.
  • Ability to understand and articulate financial implications of product line decisions.
  • Demonstrated ability to build and maintain positive relationships at all levels of the organization and within customer value chain.
  • Strategic thinker, passionate and driven to succeed.
  • Demonstrates motivation and potential to move into higher leadership roles.
    #LI-AO
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