1164 Information Technology. VP/FVP, Director of IT Portfolio & Delivery

GENERAL SUMMARY

The role of Director of IT Portfolio and Delivery involves managing the delivery of technology solutions that align with the Bank’s strategic goals. This position requires focus on overseeing the software development lifecycle, ensuring that product delivery is efficient and meets the needs of both the organization and its clients. A key aspect of this role is to further develop and evolve the department’s solution delivery lifecycle, which encompasses intake, product management, operations, and value measurement. This approach ensures that the delivery process is comprehensive and adds value to the end consumers of the solution.

Additionally, this role works on maturing and scaling technology product ownership within the organization. This involves creating a culture of trust and empowerment among product owners, aligning them with the operational needs. By focusing on core capabilities and proper alignment, the role ensures that product delivery, by way of technology, is effective and responsive to the changing demands of the market.

DIRECT REPORTS

The incumbent has (3-6) direct reports. This may increase over time.

ESSENTIAL FUNCTIONS

• Lead and manage a portfolio(s) of technology driven projects, programs, and/or digital products, ensuring alignment with strategy and maximum delivery of value and benefits.
• Serve as the primary liaison and communicator to key executive sponsors and stakeholders. Reports on the performance of initiatives within the portfolio and takes responsibility for the outcomes of the implementation.
• Take responsibility for the day-to-day management of the portfolio. Determine the portfolio's short — and long-term roadmaps with IT and business leaders and adjust as priorities change.
• Identify and manage risks that may impact the portfolio and develop corresponding mitigation strategies.
• Oversee the implementation of different methodologies and frameworks within the portfolio.
• Collaborate across business and technology functions to monitor dependencies and provide centralized visibility across initiatives.
• Provide leadership and mentorship to team members, champion change and identify opportunities for efficiency gains and innovation.
• Serve as vendor liaison and adheres to vendor management practices.
• Serve as point of contact on audit and regulatory matters related to the project managed within the portfolio.
• Manage and provide guidance to the team including writing annual performance evaluations and providing balanced feedback.

QUALIFICATIONS

Education:

• University degree in the field of business, computer science required, or 7+ years related work experience.

Experience:

• Must have a minimum 5-7 years (VP level) or minimum 7-10 years (FVP level) in IT portfolio management at a financial institution.
• Management experience required.
• Extensive experience working in a team-oriented, collaborative environment.
• Demonstrated experience facilitating meetings with senior stakeholders, particularly cross-functional portfolio steering or investment committees.
• Experience of working with audit and regulatory matters related to technology.
• Expertise with project, program, and portfolio management tools.

Skills/Ability:

• Exceptional verbal and written communication skills, with a proven ability to influence and build consensus among diverse technical and business stakeholders.
• Exceptional leadership skills, with the ability to develop and communicate the portfolio objectives, inspire and motivate diverse team members and maintain alignment with business strategy.
• Exceptional client service orientation.
• Excellent interpersonal skills.
• Ability to adapt to new circumstances and changing business environments. Ability to quickly learn and apply different technologies.
• Ability to effectively prioritize and execute tasks in a high-pressure environment.
• Ability to conduct and direct research into IT issues and products as required.
• Ability to present ideas in business-friendly and user-friendly language.
• Ability to perform general mathematical calculations for the purpose of creating business cases, budgets, and so on.
• Highly self-motivated and directed.
• Proven analytical, evaluative, and problem-solving abilities.
• A high degree of political sensitivity, astuteness and the ability to use the informal power structure of the organization to overcome obstacles and achieve portfolio success.
• Strong understanding of project management methodologies
• Strong strategic thinking, organizational, analytical and problem-solving abilities, particularly in complex technical environments, with keen attention to detail.
• Strong business acumen, including industry — and domain-specific knowledge of the organization and its business units. Familiarity with industry trends and innovation, and how other organizations use them to drive digital business.

OTHER DETAILS

VP: $120K – $150K / year
FVP: $140K – $185K / year

Pay determined based on job-related knowledge, skills, experience, and location.
This position may be eligible for a discretionary bonus.

Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).

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Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates, regardless of race, color, ethnicity, ancestry, citizenship, gender, national origin, religion, age, sex (including pregnancy and related medical conditions, childbirth and breastfeeding), reproductive health decision-making, sexual orientation, gender identity and expression, genetic information or characteristics, disability or medical condition, military status or status as a protected veteran, or any other status protected by applicable law.

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