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At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Job Summary

The Technology Portfolio Manager is responsible for the strategic oversight, financial stewardship, and successful delivery of technology initiatives across the enterprise. This role ensures projects are completed on time, within budget, and to quality standards, while aligning with business objectives and compliance requirements. The manager leads cross-functional teams, drives executive-level communications, and fosters a culture of collaboration, accountability, and continuous improvement.

Key Responsibilities

Financial Management

+ Lead annual planning and CapEx/Opex budgeting for technology portfolios, ensuring accurate sequencing, resource allocation, and financial tracking.

+ Oversee monthly forecasting, variance analysis, and corrective actions to ensure delivery within approved budgets.

+ Manage vendor financials (SOWs, invoicing) and ensure compliance with financial controls and business case standards.

Project & Program Delivery

+ Establish governance routines and delivery plans, leveraging portfolio management tools and value measurement frameworks (e.g., OKRs, KPIs).

+ Coordinate risk, compliance, and legal reviews as part of the release and approval lifecycle.

+ Drive transparent status reporting and portfolio reviews, providing early visibility into risks, dependencies, and opportunities.

Executive-Level Communications

+ Prepare concise, outcome-focused updates and executive summaries for leadership, synthesizing delivery progress, risk posture, and financial health.

+ Tailor communications for portfolio reviews and strategic investment forums, ensuring clarity and actionable insights.

Microsoft Tool Sets & Reporting

+ Expertly use Microsoft 365 tools:

+ Excel (advanced modeling, PowerQuery/PowerPivot)

+ Power BI (portfolio dashboards)

+ PowerPoint (executive decks)

+ Project/Planner (delivery schedules)

+ Visio (process mapping)

+ SharePoint/OneDrive (artifact management)

+ Teams/OneNote (collaboration and meeting notes)

+ Operate portfolio management systems to maintain accurate status and resource alignment. (Clarity)

Collaboration & Relationship Building

+ Build strong relationships across product, engineering, business, finance, and vendor teams.

+ Promote a “one team” culture through regular stakeholder engagement and clear operating rhythms.

Leadership & Mentoring

+ Provide leadership and mentoring to portfolio managers and scrum teams, emphasizing delivery discipline, value measurement, and financial stewardship.

+ Develop repeatable playbooks and elevate team performance through coaching and accountability.

Basic Qualifications

+ Typically requires Bachelor’s degree with five to eight or more years of relevant experience

Experience Should Include

+ 7–10+ years in technology portfolio/program management, leading multi-team initiatives with significant budget responsibility.

+ Mastery of financial planning & analysis for technology portfolios (annual plan, CapEx/Opex, forecasting, variance resolution).

+ Success delivering complex initiatives with formal governance, risk management, and cross-functional coordination.

+ Advanced proficiency in Microsoft 365 and portfolio management tooling.

+ Exceptional written and verbal communication skills, with a track record of producing executive-ready materials.

***This position is not eligible for visa sponsorship.***

***This role requires working from a U.S. Bank location three (3) or more days per week.***

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

+ Healthcare (medical, dental, vision)

+ Basic term and optional term life insurance

+ Short-term and long-term disability

+ Pregnancy disability and parental leave

+ 401(k) and employer-funded retirement plan

+ Paid vacation (from two to five weeks depending on salary grade and tenure)

+ Up to 11 paid holiday opportunities

+ Adoption assistance

+ Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here (https://careers.usbank.com/global/en/benefits/us) .

E-Verify

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $119,765.00 - $140,900.00

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.