Senior Principal Program Manager

Job Description

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Pay and Benefits:

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

About this Opportunity

DTCC is a forward-thinking and innovative organization dedicated to driving transformative change in the financial services industry. With a strong commitment to research, collaboration, and cutting-edge advancements, we are seeking a dynamic individual to fill the role of Innovation Portfolio Manager within the Technology Research & Innovation Team (TRI).

Position Overview

The IT Innovation Portfolio Director is responsible for leading and overseeing our organization's IT innovation initiatives. The Innovation Portfolio Director will play a crucial role in driving innovation, identifying growth opportunities, and ensuring the successful execution of projects within the innovation portfolio.

Primary Responsibilities

• Portfolio Strategy: Develop and execute a comprehensive innovation portfolio strategy and operational framework aligned with the organization's overall business objectives. Partner with the IT Innovation leadership to identify and prioritize innovative ideas and projects that have the potential to create value and drive business growth.
• Data Analytics, Business Case and Insight Generation: Take a leadership building business case to support technology innovation initiatives. Conduct data analysis and generate insights based on internal and external data.
• Idea Generation and Evaluation: Collaborate with cross-functional teams to source, generate, and evaluate / prioritize new ideas and concepts. Partnering with TRI leadership to ensure the team has conducted thorough market research, feasibility studies, and risk assessments to assess the viability and potential impact of proposed innovations.
• Portfolio Management: Oversee the entire innovation portfolio, including project selection, resource allocation, and progress tracking and reporting. Maintain a clear view of the innovation pipeline and make data-driven decisions to optimize resource allocation and project prioritization.
• Stakeholder Engagement: Collaborate with internal and external stakeholders, including executive leadership, strategy, product teams, and external partners, to foster a culture of innovation and ensure alignment with organizational goals.
• Project Execution: Support the execution of innovation projects from concept to commercialization. Provide guidance and mentorship to innovation project teams, ensuring projects are delivered on time, within budget, and meet predefined success criteria.
• Communication and Training: Develop and implement effective communication strategies to promote awareness of the innovation portfolio's goals, progress, and outcomes. Conduct training sessions and workshops to educate teams on the innovation framework, methodologies, and best practices to help drive innovation from within DTCC.
• Risk Management: Identify and mitigate potential risks and challenges associated with innovation projects. Develop contingency plans and adapt strategies as needed to ensure successful project outcomes.
• Performance Measurement: Establish key performance indicators (KPIs) to measure the success and impact of innovation projects. Regularly monitor and report on project progress, outcomes, and lessons learned.
• Continuous Improvement: Drive a culture of continuous improvement by fostering a learning environment, promoting experimentation, and implementing best practices for innovation management.

Additional Qualifications:

• Minimum of 10 years of related experience
• Bachelor's degree or equivalent experience
• Proven experience in innovation management, new product development, or related roles.
• Strong project management skills with a track record of successfully delivering complex projects on time and within budget.
• Exceptional analytical, problem-solving, and decision-making abilities.
• Possess a deep understanding of data and data models, coupled with the ability to leverage analytics to drive informed decision-making processes.
• Excel in driving business case development, using their proficiency in data to formulate strategic decisions that align with the organizational goals.
• Excellent communication, presentation, and interpersonal skills.
• Ability to lead and influence cross-functional teams and senior stakeholders.
• Familiarity with emerging technologies, market trends, and industry best practices in innovation.
• Proficiency in innovation management software and tools is a plus.

If you are a visionary leader with a passion for driving innovation and shaping the future of our organization, we encourage you to apply and join our dynamic team.

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.