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Project Portfolio Manager

Location Boston

Project Portfolio Manager

The Federal Home Loan Bank of Boston is a leading provider of wholesale funding for housing and community finance in New England. We serve more than 420 banks, credit unions, insurance companies, and community development financial institutions that access tens of billions of dollars of our reliable, wholesale funding each year. Our funds are a vital resource that helps our members succeed, provide families with safe, decent affordable housing, and creates jobs in communities throughout our region.

Our highly skilled team of 220 is diverse, innovative, collaborative, and passionate about the work we do. We seek other professionals excited to share their knowledge, talent, and passion for our mission to join our team. We offer opportunities for career development, robust benefits, and a work-life balance.

Job Profile Summary

This is a newly created position at the Bank. The Project Portfolio Manager will lead our project management team and oversee the project managers over various initiatives. The ideal candidate will have a strong background in portfolio optimization, cross-team resource management, overseeing and managing a diverse range of projects, guiding project managers in process improvements, business case development, and various software development lifecycles including agile/scrum and waterfall.

The candidate for this position will exhibit strong capabilities aligned with Bank’s core and leadership competencies including but not limited to:

• Effective communication and presentation skills

• Developmental leadership

• Problem solving and decision making skills

• Flexibility

• Negotiation and relationship building

This position reports to the Director of Application Services and is subject to the Bank’s hybrid work program and is expected to be in the office at least 2 days per week.

Primary Responsibilities will include:

• Project Management Oversight

o Lead, mentor and manage a team of four full-time project managers and, at times, project management contractors ensuring professional growth and high levels of performance.

o Provide direction and support to ensure successful project delivery.

o Manage and oversee critical stakeholder communication for all projects.

o Monitor and control project timelines and forecasts to budget.

o Collaborate with Bank Technology leadership on post project reviews and lessons learned.

o Oversee and orchestrate the post project review process and ensure that lessons learned are applied to future projects.

• Project Portfolio Oversight

o Oversee, manage and report on the overall health of the project portfolio.

o Ensure project risks are identified and mitigated with special emphasis on cross-project risks.

o Resolve escalated project issues and remove roadblocks to ensure project momentum.

o Facilitate problem solving and decision making with teams and stakeholders.

o Oversee compliance to project related controls.

o Develop and administer key performance metrics for the Bank’s project portfolio.

o Collaborate with Bank Technology risk management, Internal Audit and Enterprise Risk Management on project risk.

• Resource Management

o Collaborate with Bank Technology management to optimize resource utilization across the project portfolio and the assignment of resources to specific project initiatives.

o Collaborate with Bank Technology management in the business case development process.

o Manage the framework and execution of the resource estimation process for business cases.

• Software Development Lifecyle

o Oversee and manage the Bank’s Software Development Lifecycle (SDLC) process. Recommend changes, maintain and streamline all SDLC documentation.

o Foster an environment of continuous improvement with the project managers and other Bank Technology leadership.

o Collaborate with the project managers and other Bank Technology leadership on project templates used, recommend and implement improvements.

Specific Responsibilities

• Direct management of a team of (currently) four project managers.

• Produce reports on overall project portfolio health to various stakeholders.

• Report on project resource utilization across all of Bank Technology.

• Coordinate the resource estimation process for both business cases and ongoing projects.

• Manage the Bank’s Solutions Development Lifecycle (SDLC) processes, make recommendations for and implement process improvements.

• Occasionally manage special projects and initiatives as needed.

Qualifications

• Bachelor’s degree in business, project management or related field. MBA or advanced degree preferred.

• 7+ years of project management experience with at least 3 years of portfolio management or similar staff management and leadership role in a cross-functional business and/or technology environment.

• Proven track record of managing and overseeing complex projects and leading high performance teams.

• PMP or PgMP or similar project management certifications are highly desirable.

• Strong financial acumen with experience managing complex budgets and financial forecasting.

• Strong proficiency in project management, PPM and resource management tools (e.g. MS Project, Azure DevOps, and Workday) and other Microsoft Office applications.

• Ability to manage multiple priorities, oversee a diverse portfolio of projects ranging from business to technology-based initiatives, and drive change.

The Federal Home Loan Bank of Boston is committed to building and sustaining a diverse workforce that reflects the communities that we serve. As an Equal Opportunity Employer, we strongly encourage applicants from every ethnicity, color, religion, gender, age, national origin, disability, veteran or parental status and sexual orientation.

• Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.b at any time.

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