SUMMARY OF ROLEThe Portfolio Manager is part of the Project Management Office (PMO) and is responsible for the end-to-end delivery of projects and programs across the full lifecycle within assigned business domains or channels. The role ensures that initiatives are delivered efficiently and effectively in terms of time, cost, and quality, in alignment with the Bank’s project management framework and strategic objectives. The role holder is accountable for planning, execution, governance, and successful delivery of projects using appropriate methodologies (Waterfall, Agile, or Hybrid). The Portfolio Manager works closely with internal stakeholders, senior management, and external partners to drive transformation initiatives and ensure realization of business benefits. KEY RESPONSIBILITIESProject Delivery & ExecutionLead and manage the end-to-end delivery of assigned projects across the full lifecycle, ensuring delivery within scope, time, cost, and quality parameters.Ensure alignment of all projects with the Bank’s project management framework, standards, and governance requirements.Apply appropriate project delivery methodologies (Waterfall, Agile, Hybrid) based on project requirements. Planning, Monitoring & ReportingDevelop and maintain detailed project plans, timelines, and delivery schedules.Monitor project progress against milestones and proactively address deviations.Prepare and submit accurate and timely project status reports to stakeholders and governance forums. Governance & ComplianceEnsure adherence to PMO governance standards, policies, and procedures across all projects.Maintain complete and audit-ready project documentation.Support the continuous improvement and embedding of the PMO framework within the Bank. Risk, Issue & Dependency Management (RAIDS)Identify, assess, and manage project risks, issues, assumptions, and dependencies.Develop mitigation plans and ensure timely resolution of issues.Escalate critical risks and issues in accordance with governance protocols. Stakeholder ManagementBuild and maintain strong relationships with project sponsors, business units, IT, and external stakeholders.Ensure effective communication and stakeholder engagement throughout the project lifecycle.Provide clear updates on project progress, risks, and key decisions required. Vendor & Third-Party ManagementCoordinate with external vendors, consultants, and partners to ensure successful project delivery.Monitor vendor performance and ensure deliverables meet agreed standards and timelines. Financial ManagementManage project budgets, forecasts, and cost tracking in line with approved business cases.Ensure effective cost control and highlight any variances with recommended actions. Prioritization & Strategic AlignmentSupport evaluation of project proposals and business cases based on strategic alignment and ROI.Ensure projects contribute to the Bank’s overall transformation objectives.Benefits RealizationEnsure delivery of projects with clearly defined and measurable outcomes.Support tracking and validation of benefits post-implementation in coordination with stakeholders and Finance RequirementsOmani NationalBachelor’s degree in Business Administration, Project Management, IT, or a related field.Minimum 5 years of experience in project management or a project-based environment.Experience in delivering projects within banking or financial services is preferred.Strong understanding of project management methodologies and frameworks.
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