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CVS Health

Lead Director – Portfolio and Program Delivery

CVS Health

Director of IT Portfolio & Program Delivery overseeing technology initiatives worth $40M+. Leading program management teams to ensure strategic alignment and delivery excellence.

Posted 5/14/2026full-timeWoonsocket • Louisiana, Mississippi, North Carolina, Rhode Island • 🇺🇸 United StatesSenior💰 $144,200 - $288,400 per yearWebsite

About the role

Key responsibilities & impact
  • Own and manage a portfolio of multiple, concurrent programs totaling 500,000+ hours of effort and $40M in annual investment, ensuring alignment to enterprise and business-unit strategies.
  • Translate high-level strategic objectives and roadmaps into actionable, executable portfolio and program plans, including program charters, sequencing, prioritization, and delivery approaches.
  • Design and build portfolio governance structures from the ground up, establishing frameworks, processes, and operating cadences that enable scalable, consistent, and transparent program delivery.
  • Partner with technology and business leaders to define success criteria, expected outcomes, and value realization plans for major programs in the portfolio.
  • Continuously assess portfolio health, balancing risk, capacity, dependencies, and value delivered; recommend adjustments to scope, sequencing, or resourcing as needed.
  • Lead, monitor, and support delivery managers and program teams to achieve portfolio and program goals—providing guidance, feedback, coaching, and accountability.
  • Ensure that all programs in the portfolio operate with clear plans, defined deliverables, and measurable outcomes; establish expectations for planning horizons, milestone management, and risk mitigation.
  • Establish, refine, and maintain program and portfolio governance frameworks, including roles, decision rights, approval thresholds, reporting cadence, and escalation protocols.
  • Standardize core program and project management practices across teams, with clear templates and expectations for status reporting, RAID (Risks, Assumptions, Issues, Dependencies) tracking, and stakeholder communication.
  • Lead portfolio status reporting and executive communications; provide clear, concise, and actionable updates to senior leadership, highlighting progress, risks, decisions, and tradeoffs.

Requirements

What you’ll need
  • 10+ years leading Program Managers, agile (scrum) teams, and technology teams to deliver strategic technology products at scale.
  • Proven experience managing IT portfolios and delivering complex, multi-year programs in large-scale, matrixed organizations as well as budget exceeding $40M.
  • 5+ years of experience as a people leader with direct reports
  • Proven experience building or significantly transforming portfolio governance and program management practices from the ground up.
  • Demonstrated ability to convert executive-level strategy and roadmaps into structured, actionable delivery plans across complex organizations.
  • Demonstrated ability to flex between strategic portfolio oversight and hands-on program management when circumstances require it.
  • Experience designing, implementing, and continuously improving program and portfolio governance structures.
  • Strong communication and executive presence; skilled at influencing up, down, and across the organization, including with senior executives.
  • High standards for quality, accountability, and stakeholder engagement, with a track record of driving results through others.
  • Comfort operating in ambiguous environments, connecting the dots across disparate efforts, and driving clarity and alignment among diverse stakeholders.
  • Familiarity with portfolio management and product model toolsets (e.g., Rally, roadmap tools, initiative planning tools, financial tracking) and a willingness to deepen that expertise.

Benefits

Comp & perks
  • medical, dental, and vision coverage
  • paid time off
  • retirement savings options
  • wellness programs
  • comprehensive benefits package

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools
program managementportfolio managementagilescrumrisk mitigationbudget managementstrategic planningstakeholder communicationgovernance frameworksdelivery planning
Soft Skills
leadershipcommunicationinfluencingaccountabilityproblem-solvingadaptabilitycollaborationcoachingexecutive presencestakeholder engagement