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Change Transformation – Head of Enterprise Workstream

What is the opportunity

The Head of Enterprise Workstream will be responsible for designing and implementing lean portfolio management practices, creating an effective interaction model with supporting functions (such as risk and finance), and establishing robust tooling and methodologies. This role will ensure the existing Enterprise Portfolio Office (EPO) can drive alignment of the portfolio with the strategic objectives of the bank, promote efficient resource allocation, and simplify & enhance transparency and governance across change.

In ensuring that the portfolio management practices are effectively designed and implemented, you will foster alignment & accountability and enable strategic success in the bank's change transformation journey.

In this role you will:

Lean Portfolio Management Design:

  • Develop and Implement LPM Practices:Design and implement lean portfolio management practices to optimize value delivery, resource allocation, and strategic alignment
  • Portfolio Governance:Establish robust governance structures and processes to oversee portfolio performance and decision-making
  • Continuous Improvement:Foster a culture of continuous improvement within portfolio management practices, ensuring that feedback loops and iterative improvements are integral

Interaction Model with Supporting Functions:

  • Stakeholder Engagement:Build and maintain strong relationships with key stakeholders in supporting functions such as Risk, Finance, Compliance, and IT
  • Integration of Functions:Design and implement an interaction model that ensures seamless integration and collaboration between value streams/platforms and supporting functions
  • Risk and Financial Management:Ensure that risk management, financial oversight, information security and procurement guardrails are embedded into change delivery processes

Tooling and Methodology:

  • Tool Selection and Implementation:Identify, select, and implement appropriate portfolio management tools and technologies to enhance visibility, tracking, and reporting
  • Methodology Standardization:Develop and standardize portfolio management methodologies, ensuring consistency and best practices across the bank and modernisation of the existing change delivery framework
  • Training and Support:Provide training and support to teams on portfolio management tools and methodologies to ensure widespread adoption and effective use

Strategic Alignment and Reporting:

  • Align with Strategic Objectives:Ensure that practices enable alignment with the bank's strategic objectives and value optimisation
  • Performance Monitoring:Develop and monitor key performance indicators (KPIs) to measure the success and impact of change and portfolio management practices
  • Reporting:Promote and enable a shift to outcome-based reporting and root cause analysis

Stakeholder Engagement and Communication:Regularly engage with executive leadership to ensure alignment and to communicate the value and impact of portfolio management practices

What will make you stand out?

  • Experience:Seasoned experience in portfolio management, program management, or a related field within the financial services industry
  • Expertise in LPM:Proven experience in designing and implementing lean portfolio management practices, and managing transition from current traditional 'Waterfall' governance reporting and status reporting (RAG status and cost) to value-based
  • Cross-Functional Collaboration:Demonstrated ability to work effectively with supporting functions such as risk, finance, and compliance
  • Tooling and Methodology:Experience in selecting and implementing portfolio management tools and methodologies
  • Strategic Vision:Strong strategic thinking and problem-solving skills, with the ability to align portfolio management practices with business objectives
  • Leadership:Exceptional leadership and team management skills, with a track record of leading high-performing teams
  • Communication:Excellent communication and interpersonal skills, with the ability to engage and influence stakeholders at all levels
  • Analytical Skills:Strong analytical and decision-making skills, with the ability to interpret complex data and make informed decisions
  • Change Management:Proficiency in change management principles and practices, with experience in driving large-scale transformation initiatives
  • Agile and Lean Practices:Deep understanding of agile and lean principles, with the ability to apply them effectively in a portfolio management context
  • Education:A Master's degree or MBA is a plus.

Essential Qualifications

Bachelor's degree in business administration, finance, or a related field.

More about the team

Change Transformation has defined a vision for change delivery across BOI Group:Delivering stable, faster, high quality and well controlled change across the Group for the benefit of our customers and stakeholders".A number of interventions to the current Change Operating model environment, ways of working, funding principles etc are required. Foundational organisational design changes to move towards the target model have been implemented. Focus is now on transforming how Change is delivered across BOI; this includes how teams are organised into Value Streams, moving day to day decision-making and prioritisation from central teams to local delivery teams by transitioning from traditional waterfall delivery cycles, towards agile, iterative and collaborative working. Our ambition is to deliver flexible, scalable, and simple solutions that are secure, engaging and enable our customers, colleagues and communities to thrive.

Why work with us

The Bank of Ireland company culture prioritises work-life balance with an opportunity for flexible working, along with 25 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid maternity leave, an innovative fertility and surrogacy policy and working parent supports.

Your wellbeing is important to us; we have an employee assistance program, WebDoctor and financial wellbeing coaches available. We also encourage and support staff to pursue educational and professional qualifications to grow and enhance your career!

#li-hybrid

Key Competencies

  • Customer Focused - Leader
  • Manage Risk - Leader
  • One Group, one team - Leader
  • Agile - Leader
  • Accountable - Leader

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.

We're on a continuous journey to build an inclusive and diverse workplace. We welcome applications from people of all backgrounds, lived experience, abilities and perspectives. Reasonable accommodations are offered at every stage of our recruitment process. If you require any assistance, please complete this form and one of our recruitment team members will be in touch via email.

Any information provided will be treated as confidential within the recruitment team and used only for the purpose of determining and providing appropriate accommodations for the application and recruitment process.

Change Transformation – Head of Enterprise Workstream

Dublin
Full-Time

Published on 25/06/2024

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