Application Portfolio Management - Financial Services

Hybrid onsite in Plano, TX Monday to Thursday.

Job Description:

Client is looking for:

Application Portfolio Management (APM) – Practice Lead will play a pivotal role in supporting the client Chief Product Officer (CPO) organization with responsibility to design the Application inventory management routines for client’s organization and implement the same using a System of Record.

• Candidates will be managing the existing application Portfolio with focus around quality, completeness and Integrity of application meta data.
• This multifaceted role combines cross-organization interactions, business strategy assistance and planning, Application Asset inventory management and Application governance.

Candidates will be doing:

Application Portfolio Management (APM): Design and Implement application inventory management routines, application to capability mapping with EA, application criticality classification and rating, and application health assessment/rating.

• Define a data dictionary for application asserts and effectively leverage the various existing SORS as a reference and create a unified view of the application portfolio.
• Collaborate with Solution Architects/Principal Engineers for process designing.
• Ensure periodic Certifications by Application Owners for Data accuracy.
• Ensure data integrity between upstream and down streams systems with respect to Application meta data.
• Conduct in-depth analyses of portfolio performance, identifying areas for improvement and potential investment opportunities.

Governance and Compliance:

Responsible for portfolio oversight and governance/controls, and manage risk, audit and regulatory requirements, communication and deliverables associated APM and portfolio governance.

• Identify and assess APM compliance risks including outdated technology, lack of proper controls, or dependence on non-compliant vendors.
• Recommend and implement solutions involving retiring risky applications, implementing compliance controls, or selecting compliant vendors.
• Analytics and Insights about portfolio.
• Track the portfolio's compliance status and report it to relevant stakeholders, including compliance officers and senior management.
• Support Application Life cycle management governance routines.

Enhanced Stakeholder Collaboration:

Develop strong partnerships with key stakeholders, including product managers, business leaders, and external partners, to ensure alignment of technology and business strategies.

• Work in cross-functional teams in strategic initiatives, fostering collaboration and driving consensus across diverse groups.
• Communicate effectively with all levels of the organization to advocate for the strategic value of technology investments.

Requirements:

Qualifications/ What candidates bring (Must Haves):

Bachelor’s degree in business or IT, or equivalent education and related training.

• 10+ years of leadership, enterprise technology and operation experience.
• Strong experience with IT strategy, portfolio management, Application Asset management and application lifecycle management.
• Ability to build Productivity tools - Vibe coding, Build PowerApps, AWS Kiro or similar tools.
• Expertise in strategic planning and view of enterprise initiative.
• Change management and organizational transformation experience.
• Program management and initiative planning and execution experience.
• Exceptional communication, presentation and interpersonal skills, capable of working effectively with executives.
• Knowledge of current and emerging IT trends, technologies, and best practices in portfolio and application management.

Added bonus if candidates have (Preferred):

Preferred experience in top-tier relevant banking industry or large financial institution experience.

• Understanding of key Banking solutions and applications.
• Moderate understanding of enterprise technology stacks and hands-on experiences with technology strategic planning and architecture.
• Visionary thinking with the ability to anticipate future technology trends and their potential business impact.
• Strong negotiation and influence skills, able to advocate for technology strategies at the executive level.
• A collaborative mindset, with the ability to bridge the gap between technology and business teams.
• Strong problem-solving skills, with the ability to think creatively and strategically.
• High emotional intelligence and adept at navigating organizational politics.
• Greenfield APM initiative focused on building application portfolio management, governance, and inventory processes from the ground up.
• Looking for a strategic professional who can drive enterprise initiatives, pilots, and process design.

Key responsibilities:

Define APM framework, manage application inventory, establish governance, and partner with teams supporting ServiceNow CMDB.

• Ideal profile: Strong Project/Program/Product Management experience with proven success leading large-scale enterprise initiatives.
• Must-have skills: Executive stakeholder management, problem-solving, initiative leadership, and cross-functional collaboration.
• Nice to have: IT background, experience with APM, ServiceNow/CMDB, application governance, and exposure to AI-enabled development tools (e.g., AWS Kiro).