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AVP, Portfolio Lead

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. 

The AVP, Portfolio Lead is accountable for the overall execution of the portfolio and delivery of quality business outcomes. This includes building and maintaining business partner relationships, vendor management, and financial management at the portfolio level. The AVP, Portfolio Lead partners closely with the Business Owner, Enterprise Architect, and Agile Portfolio Manager to ensure portfolio success. The AVP, Portfolio Lead is also accountable for the business agility culture, mindset, and behaviors of the Tech team, aligned with Tech Shared Values.

JOB DESCRIPTION:

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

  • Manage and operate enterprise data assets for financial reporting, audit, and investment technology tooling, as well as enterprise financial close operational requirements, solution delivery for Reinsurance, HR and enterprise corporate systems.

  • Has overall technology accountability for effective portfolio delivery, quality, financial performance, agility journey, and committed business outcomes.

  • Partners with Business Owner and Enterprise Architect to ensure portfolio initiatives’ alignment to business outcomes and strategic themes, to establish priorities, evaluate pivots, and manage the portfolio funnel.

  • Works directly with Agile Portfolio Manager to establish budget, oversee Lean Portfolio Management (LPM) ceremonies, and manage Portfolio financials via established governance process.

  • Ensures that the Portfolio Objectives and Key Results (OKRs) align with achieving Product specific Key Performance Indicators (KPIs) and value.

  • Works with RTE’s, System Architect, and Product Managers to ensure Product priorities align to Portfolio Strategic Themes and Initiatives.

  • Leads initiatives focused on continuously improving data quality across all systems, actively working to identify and resolve data inconsistencies and reduce data silos.

  • Liaisons with Business partners to assure current processes and procedures are met in accordance with agreed upon controls.

  • Implements and manages robust data security measures, defining and enforcing access controls to sensitive financial and customer data. Partners with security architecture to determine enterprise-wide strategy for data security, access, and provisioning.

  • Ensures that all data infrastructure and governance practices adhere to relevant financial services regulations and internal compliance standards.

  • Works with the Business Owner, System Architect, and Product Management to ensure PI objectives align to Portfolio Strategic Themes.

  • Works with Quality Lead to ensure effective test strategies, automation, staffing, execution, and overall quality results for portfolio applications.

  • Actively participates in PI planning for product areas, removing blockers and issues for product teams that cannot be removed by the ART level roles.

  • Reviews ART-level metrics with Product Leadership team and takes corrective action to resolve performance issues.

  • Accountable for effective lifecycle management of applications and pipelines in portfolio (possibly in conjunction with one or more Application Owners), including maintenance, performance, stability, compliance, SLAs, and incident response.

  • Has full management responsibility for the performance and development of subordinate staff, including resource planning, hiring, talent, performance, and career development.

  • Collaborates to ensure adoption and execution of SAFe/agile standards and operating model resulting in achievement of business outcomes via true delivery agility.

  • Develops and manages relationships with AVP/VP business leadership aligned to portfolio.

  • Provides overall portfolio leadership and promotes a culture based on shared values.

Reporting Relationship

Reports to the VP of Data & AI Engineering.
 
Skills, Knowledge & Abilities

  • Strong delivery track record leading complex initiatives.

  • Ability to proactively manage partners/vendors (MSP) to resolve issues quickly and provide timely communication to key stakeholders.

  • Mastery of technical knowledge of financial reporting requirements, financial general ledger, and accounting principles.

  • In-depth knowledge of application lifecycle management and product delivery practices.

  • Servant leader, embodying the Agile mindset with experience coaching and mentoring to empower development teams.

  • Strong ability to build and maintain collaborative relationships with stakeholders while driving toward outcomes.

  • Adept conflict resolution skills and ability to diplomatically set clear expectations.

  • Proven ability to enact change quickly.

  • Proven ability to work directly with Senior Leadership within technology and business functions.

  • Ability to effectively communicate with all levels of employees and third-party suppliers within scope of responsibility.

  • Well versed in Jira.

Education & Experience

  • Bachelor’s degree in computer science, Information Technology, or a related discipline; equivalent work experience is acceptable. A master's degree is preferred.

  • 10 years of experience managing Application Delivery, or Portfolio Management Leadership.

  • Experience with Mainframe systems is a plus.

  • Experience with insurance or finance-based products (e.g., Workday).

  • Proven success with Agile and SAFe methodologies; certifications are preferred.

#LI-GV1

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $152,000 to $242,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals.  For a detailed look at CNA’s benefits, please visit cnabenefits.com.

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com

Average salary estimate

$197000 / YEARLY (est.)
min
max
$152000K
$242000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About AVP, Portfolio Lead, CNA

Join CNA as an AVP, Portfolio Lead, and take your career to the next level in a vibrant Chicago, IL. At CNA, we believe that people matter and that’s why we emphasize growth and development for every employee. As the AVP, Portfolio Lead, you will be the maestro orchestrating the execution of our portfolio and delivering stellar business outcomes. You'll relish the chance to build lasting relationships with business partners while ensuring top-notch vendor and financial management. You’ll partner closely with key players like the Business Owner and Agile Portfolio Manager to drive success and cultivate a culture of business agility within our tech team, all while adhering to our Tech Shared Values. In this dynamic role, you won't just manage data assets for financial reporting; you’ll lead significant initiatives that enhance data quality and ensure compliance with financial regulations. With your impressive track record of guiding complex projects and managing stakeholder relationships, you will ensure that our strategic themes align perfectly with our operational goals. You'll be supported by a team that values collaboration and continuous improvement. Are you ready to be part of something important and have fun while doing it? If you're a change agent looking to empower development teams and foster agile practices, we want to hear from you!

Frequently Asked Questions (FAQs) for AVP, Portfolio Lead Role at CNA
What are the key responsibilities of the AVP, Portfolio Lead at CNA?

The AVP, Portfolio Lead at CNA is responsible for managing the overall execution of the portfolio, ensuring business outcomes are met through strong relationships with business partners, vendor management, and consistent oversight of financial performance. This role includes working closely with the Agile Portfolio Manager and the Business Owner to align initiatives with strategic themes, manage budget and Lean Portfolio Management ceremonies, and lead efforts to improve data quality across systems.

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What qualifications are required for the AVP, Portfolio Lead position at CNA?

To qualify for the AVP, Portfolio Lead position at CNA, candidates should have a bachelor’s degree in computer science, Information Technology, or a related field, with a preference for a master's degree. A minimum of 10 years of experience in Application Delivery or Portfolio Management is required, along with proven expertise in Agile and SAFe methodologies. Familiarity with financial reporting and application lifecycle management is also essential.

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How does CNA promote a collaborative culture in the AVP, Portfolio Lead role?

CNA promotes a collaborative culture for the AVP, Portfolio Lead by fostering strong relationships among teams and encouraging open communication. The position involves partnering with various stakeholders such as Business Owners and System Architects to align objectives and ensure success. The AVP will also embody and promote a culture of shared values within the Tech team, advocating for business agility and teamwork.

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What skills are essential for the AVP, Portfolio Lead at CNA?

Essential skills for the AVP, Portfolio Lead at CNA include strong leadership and delivery capabilities, proficiency in conflict resolution, and the ability to manage vendor relationships effectively. Furthermore, a deep understanding of financial reporting requirements, agile methodologies, and application lifecycle management are crucial. The ideal candidate should also possess excellent communication skills and a talent for fostering collaboration among diverse teams.

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What is the salary range for the AVP, Portfolio Lead position at CNA?

The salary range for the AVP, Portfolio Lead position at CNA varies from $152,000 to $242,000 annually, depending on factors such as experience, skills, certifications, and location. CNA emphasizes transparency, ensuring that compensation reflects the qualifications and efforts of its employees.

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Common Interview Questions for AVP, Portfolio Lead
Can you describe your experience with managing application delivery?

When answering this question, discuss specific instances where you successfully led application delivery projects. Highlight your role in ensuring timelines, budgets, and quality standards were met, and illustrate how you employed Agile methodologies to facilitate collaboration and adaptability.

Join Rise to see the full answer
How do you ensure alignment between portfolio initiatives and strategic business goals?

To effectively answer, emphasize your collaboration with key stakeholders like Business Owners and Enterprise Architects. Discuss the frameworks you utilize, like OKRs or KPIs, to ensure initiatives align with broader business objectives and how you continuously assess and pivot based on performance metrics.

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What steps do you take to manage vendor relationships and resolve issues?

In your response, mention your proactive approach to vendor management, including regular communication and establishing clear expectations. Provide an example of a challenge you faced with a vendor and detail the steps you took to resolve it effectively, demonstrating your negotiation skills and commitment to maintaining strong partnerships.

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Describe your approach to enhancing data quality within a portfolio.

You can discuss your strategies for implementing data governance frameworks and regular audits to ensure data integrity. Highlight your experience working with cross-functional teams to identify discrepancies and how you promote a culture of continuous improvement to enhance data quality.

Join Rise to see the full answer
How do you promote an agile mindset within a technology team?

Share your techniques for fostering an agile mindset, such as leading by example, providing coaching, and encouraging communication and collaboration. Discuss specific initiatives you've implemented to cultivate this environment and how you've seen it impact team performance positively.

Join Rise to see the full answer
Can you give an example of a complex initiative you led successfully?

Share a detailed account of a complex initiative, showcasing the challenges faced, your strategic planning, team collaboration, and the final outcomes. Emphasize the lessons learned and how they will inform your approach in the AVP, Portfolio Lead role at CNA.

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How do you prioritize initiatives in a portfolio?

Explain your methodology for prioritization, such as utilizing a scoring system that assesses alignment with business goals, resource availability, and potential ROI. Provide an example of how this approach has benefited a previous project or portfolio.

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In your view, what is the role of the AVP, Portfolio Lead in ensuring compliance with financial regulations?

Discuss the importance of maintaining strict compliance protocols and your strategies for implementing governance measures within a portfolio. Highlight your experience collaborating with legal and compliance teams to ensure that all activities adhere to relevant regulations.

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What tools or software are you familiar with that aid in managing portfolios?

Mention any tools you have used, such as Jira, which is relevant to the AVP, Portfolio Lead role. Discuss how these tools have assisted you in tracking progress, managing resources, and collaborating effectively among teams.

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How do you handle performance issues within a portfolio team?

Communicate your approach to addressing performance issues directly and constructively. Provide an example of a performance issue you've managed, detailing the steps taken to provide feedback, set clear expectations, and support team members toward improvement.

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Full-time, on-site
DATE POSTED
April 15, 2025

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