Senior Manager, Capital Planning & Portfolio Governance

Capital Planning & Portfolio Governance Senior Manager

At CVS Health, we are building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels, and more than 300,000 purpose-driven colleagues caring for people where, when, and how they choose in a way that is uniquely more connected, more convenient, and more compassionate. And we do it all with heart, each and every day.

The Capital Planning & Portfolio Governance Senior Manager will manage the prioritization, funding, and measurement of IT investments across a portfolio of projects that deliver cost savings and incremental revenue within the Finance Value Pool. Supporting the VP of the Finance Value Pool, the Sr Manager will oversee a portfolio of over 1,000,000 hours and over $80,000,000, shepherding the investments to ensure that IT labor and dollars are invested in the projects that deliver maximum results. The Sr Manager will be a thought partner to the VP of the Financial Value Pool, offering insights and potential solutions to complex situations. The Sr Manager will advocate for the Finance Value Pool, influencing senior executives to obtain investments and retain the investments the Finance Value Pool already has. The Sr Manager will need to be quick to adjust approach as funding situations change and as new needs arise; creatively swerve to identify and secure the optimal outcome in a changing landscape.

Key activities include :

• Review business cases, establishing funding standards and frameworks, ranking projects, and identifying paths to achieve the outcomes needed when tough funding choices need to be made
• Establish performance metrics that demonstrate the result of the portfolio and track execution against those metrics to demonstrate success and / or to identify places where a change is needed.
• Engage in ad hoc workstreams beyond capital for which their business acumen is needed, such as business case development, initiating / refreshing program roadmaps, identifying KPIs, ROI analysis, etc.
• Multiply your impact beyond their direct team by working through partners throughout the business, including Product owners, IT PMO, Portfolio Management Team (PMT), Finance, Project Management, data teams, Operations, and many others.
• Lead monthly portfolio updates for the Financial Value Pool.
• Provide key inputs on successes, upcoming priorities, and risks for executive leadership updates.
• Monitor program Objectives & Key Results (OKRs) for the Value Pool; working with teams to drive any off-schedule activities back to green (on track status).
• Provide ad-hoc support for executive leadership teams and business stakeholders as it relates to financial components of the value pool.
• Establish governance protocols for sustainment of best practices; creating SOPs and documenting lessons learned for continuous improvement.

To be a candidate for this role you will possess the following :

This role is work at home flexible. It can be based remotely in the U.S. or near one of the campuses mentioned below. If you are commutable to one of the following Corporate Hubs, you must work in the office 2 or more days a week :

Required qualifications :

Preferred qualification :

Education :

Bachelor's degree, Master's degree preferred or relevant work experience

Pay Range :

$75,400.00 - $182,549.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography, and other relevant factors. This position is eligible for a CVS Health bonus, commission, or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company's equity award program.

Our people fuel our future. Our teams reflect the customers, patients, members, and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in our comprehensive and competitive mix of pay and benefits investing in the physical, emotional, and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include :

We anticipate the application window for this opening will close on : 10 / 31 / 2025

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws.