Vice President Operational Risk Jobs in Virginia

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Staff Vice President (VP) Enterprise Transformation, Portfolio & AI Execution

Location: May be located in any Elevance Health PulsePoint office preferably in Chicago, IL, Indianapolis, IN, Atlanta, GA, Mason, OH, Richmond, VA, Norfolk, VA, New York, NY, or Woodland Hills, CA.

This role requires associates to be in-office at least 3days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered. Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

Summary

Elevance Health is building a modern enterprise execution engine that translates strategy into measurable outcomes faster, more predictably, and with disciplined risk management. This role leads the Strategic Portfolio Office (SPO)and the broader enterprise technology execution capability as a transformation operator: establishing the operating model, portfolio discipline, execution governance, and leadership cadence required to scale AI, automation, data, platform, and enterprise technology initiatives without adding bureaucracy.

In a matrixed environment where delivery is distributed across business and technology teams, this leader creates enterprise-level visibility, decision cadence, executive communication, and accountabilityso investments translate into outcomes and leaders can make faster tradeoffs with confidence.

This is nota traditional PMO role. It is a modern execution leadership role requiring:

• strong technical fluency

• AI and platform execution credibility

• high-level investment and portfolio discipline

• exceptional executive communication

• the ability to build CEO-, CIO-, and Board-ready materials that translate complex delivery realities into clear business decisions.

Team Scope

7 direct reports / 25+ total FTE's

Position Responsibilities

1) Enterprise Portfolio Leadership & Investment Discipline

• Translate enterprise technology and business strategies into an actionable portfolio with clear priorities, sequencing, outcomes, and visible tradeoffs

• Lead SPO and establish one portfolio operating rhythm across AI, data, platforms, cyber, enterprise tech, and transformation work

• Drive consistent portfolio governance across federated delivery teams; ensure work is prioritized, resourced, sequenced, and measured against enterprise outcomes

• Provide transparent views of investment, spend, delivery health, risks, milestones, and expected value realization

• Help leaders focus on the highest-value initiatives and make informed decisions on pivot, pause, accelerate, or stop

2) AI / Automation Execution Enablement

• Establish execution patterns for AI and automation programs that include outcome gates, adoption readiness, model and change risk management, and production proof points

• Partner with engineering, architecture, security, data, and business leaders to ensure AI and automation work is feasible, scalable, governed, and operationally ready

• Engage credibly with external technical partners, including strategic AI and platform providers

• Ensure AI initiatives move beyond POCs into repeatable production capabilities with measurable business impact

3) Operating Model, Governance, and Delivery Excellence

• Build and run an enterprise operating model that balances execution discipline with agility in a federated environment

• Standardize planning, milestone management, dependency management, risk/issue/decision management, and portfolio reporting

• Improve intake, governance, review readiness, and execution handoffs across teams

• Reduce noise, manual coordination, and fragmented reporting through standardization and smarter tooling

• Create the standards and operating expectations that turn PMs and program leaders into enterprise operators

4) Transparency, Executive Reporting & Performance Management

• Build executive-grade dashboards and performance views that show portfolio health, delivery predictability, and value realization

• Produce clear, high-quality materials for senior leadership, CEO reviews, Board updates, and strategic decision forums

• Translate complex portfolio realities into concise narratives, options, tradeoffs, and recommendations

• Drive a decision-support model that helps leaders intervene early, reallocate capacity, and protect enterprise commitments

• Ensure portfolio materials are insight-driven, action-oriented, and appropriate for executive and Board audiences

5) Value Realization, Adoption, and Accountability

• Ensure each major initiative has clear adoption ownership, business outcomes, and value realization metrics

• Connect business cases to execution plans and measurable enterprise outcomes

• Improve visibility into whether delivered capabilities are creating the intended operational, financial, or experience impact

• Drive recovery of at-risk initiatives and hold teams accountable for path-to-green actions

• Track performance against approved business cases and value targets

6) Leadership & Capability Building

• Lead, coach, and grow SPO leaders, PMs, and execution leads into enterprise operators

• Build a modern execution capability defined by technical fluency, AI-enabled productivity, and strong business judgment

• Set high standards for communication, accountability, decision readiness, and operating discipline

• Create a culture where teams surface risks early, communicate clearly, and execute with urgency and transparency

Position Requirements

Requires an BA/BS degree in Information Technology, Computer Science or related field of study and a minimum of 12 years of experience leading enterprise digital and/or product development business transformations work including large programs and multi-disciplinary teams partnerships such as leading technology teams and/or cross functional project (technology and operations) teams, significant large-scale project management; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities and Experiences

• Demonstrated success driving large-scale transformation across multiple years, functions, and business domains

• Strong technical fluency across modern delivery models, product and platform operating models, data/AI/automation programs, and enterprise technology ecosystems

• Experience leading AI, automation, or platform-enabled transformation initiatives from concept through production and value realization

• Executive presence with the ability to influence CIO, CEO, Board, and senior business stakeholders

• Exceptional written and verbal communication skills, including the ability to build compelling executive and Board-level presentations, memos, dashboards, and decision materials

• Strong investment discipline and portfolio management experience, including prioritization, spend oversight, value realization, and tradeoff management

• Experience leading matrixed teams across technology, business, legal, compliance, finance, and vendor ecosystems

• Proven ability to simplify complexity, reduce noise, and create decision-ready clarity for senior leaders

• Experience in highly regulated industries such as healthcare, insurance, financial services, telecom, or large-scale consumer platforms

• Experience working with strategic AI/platform vendors and external transformation partners

• Familiarity with enterprise governance, risk management, cyber/security, and Responsible AI controls

• Experience modernizing or rebuilding an execution function, operating model, or portfolio office

• Track record of developing high-performing PMO / portfolio / execution leaders into enterprise operators

Corporate Title: Staff VP Digital Experience Product Management

For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $206,080 to $370,944

Locations: California; Illinois; New York; Virginia

In addition to your salary, Elevance Health offers benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

*The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, paid time off, stock, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

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Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities - and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process should submit the following form: Accessibility Accommodation Request Form and a member of the team will be in contact. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration.

NOTE: Workday keeps job postings active through 11:59:59 PM on the day before the listed end date. Example: If the end date is 3/13, the posting will automatically come down on 3/12 at 11:59:59 PM. In other words - the job is posted until 3/13, not through 3/13.