## About the Role

The Principal Technology Portfolio Lead serves a pivotal role in managing the organization’s technology portfolio, focusing on areas such as Infrastructure, Cloud, Applications, Cybersecurity, Data Platforms, and Enterprise Technology Services. This position is essential for ensuring effective governance and optimization of both capital and operating expenditures. Collaborating with Technology Leadership, Finance, Vendor Management, and Business stakeholders, the Lead will promote financial transparency and contribute to strategic decision-making through data-driven insights.

This role aims to enhance cost efficiency and long-term financial planning for technology investments. As a leader, the Principal Technology Portfolio Lead will drive financial accountability, support technology modernization, and facilitate investment prioritization across various initiatives.

## Key Responsibilities

– **Technology Portfolio Financial Management**
– Manage technology financial portfolio across diverse domains.
– Oversee budget planning, forecasting, and financial reviews.
– Develop technology investment roadmaps aligned with enterprise strategies.
– Create financial models supporting investment decisions and technology transformations.

– **CapEx and OpEx Governance**
– Establish and enforce governance frameworks for expenditures.
– Monitor portfolio performance against budgets and forecasts.
– Ensure compliance with corporate financial controls and audit requirements.

– **Cloud and Infrastructure Financial Optimization**
– Implement FinOps practices for cloud platforms (Azure, AWS, Google Cloud).
– Analyze technology spending and identify cost reduction opportunities.
– Support initiatives with robust financial analyses.

– **Hardware, Software, and Licensing Management**
– Develop strategic plans for asset lifecycle management and software contracts.
– Monitor and evaluate vendor proposals and technology investments.

– **Strategic Planning and Technology Investments**
– Facilitate investment prioritization across competing initiatives.
– Develop executive dashboards to measure portfolio performance.
– Support strategic decision-making through financial forecasting.

– **Stakeholder Management**
– Serve as a trusted advisor to senior technology and finance leaders.
– Present financial insights and portfolio performance updates to leadership.

– **Process Improvement and Automation**
– Modernize financial management practices through automation.
– Implement data-driven reporting and forecasting capabilities.

## Required Skills

– Bachelor’s degree in Finance, Accounting, Computer Science, Information Technology, Engineering, or a related field.
– 15+ years of experience in technology portfolio management or related areas.
– 5+ years managing technology budgets exceeding $50M annually.
– Strong experience with both CapEx and OpEx governance.
– Advanced skills in financial modeling, forecasting, and budgeting.
– In-depth understanding of technology cost structures across various domains.

## Preferred Skills

– MBA, CFA, CPA, PMP, PgMP, or equivalent professional certification.
– Experience in Financial Services, Banking, or Insurance industries.
– Knowledge of FinOps and portfolio governance frameworks.
– Familiarity with Agile Portfolio Management and Product Funding models.

## Cloud Platforms & Technologies

– **Cloud Providers**: Azure, AWS, Google Cloud
– **Financial & Portfolio Tools**: Apptio (TBM), ServiceNow SPM/ITBM, Power BI, Tableau, Anaplan, MS Excel Advanced

## Benefits

– Flexible and collaborative work culture.
– Opportunities for career movement and accessibility to senior leaders.
– Commitment to philanthropy and community service.

## Useful Links

– Company Website: https://www.northerntrust.com
– Careers: https://www.northerntrust.com/en/careers

## Why You Might Be Interested

This role offers an exceptional opportunity to influence strategic decisions within a reputable organization. If you have strong financial acumen and a passion for technology, this position allows you to drive impactful financial management practices and contribute to the modernization of technology initiatives.