Executive Director - Cloud Portfolio Management

DTCC • Jersey City, NJ

2d • $160,000 - $275,000 • Hybrid

About The Position

The Information Technology group delivers secure, reliable technology solutions that enable DTCC to be the trusted infrastructure of the global capital markets. The team delivers high-quality information through activities that include development of essential, building infrastructure capabilities to meet client needs and implementing data standards and governance. The Executive Director, Cloud Portfolio Management is accountable for establishing and operating the Cloud Business Office (CBO) as the central portfolio management, financial governance, and decision-support function for DTCC’s cloud ecosystem. This role ensures that cloud-related work—spanning Cloud Engineering, Tools Development, and Operations—is strategically aligned and properly prioritized, financially transparent and cost-governed (FinOps), executed with disciplined tracking and predictable outcomes, and governed in accordance with regulatory and audit expectations. Operating at the intersection of strategy, execution, finance, and risk, this role provides leadership with a single, integrated view of cloud investment, delivery, and performance, and directly shapes enterprise decisions across funding, prioritization, sequencing, and capacity allocation. The Executive Director leads a multi-disciplinary team spanning portfolio management, FinOps, audit coordination, and Cloud Technical Project Management, and serves as the primary bridge between strategy, financial planning, and execution reality.

Requirements

• Significant leadership experience in large, complex, regulated technology environments
• Proven track record leading portfolio management, PMO, or business office functions
• Strong understanding of technology delivery models
• Strong understanding of financial planning and investment governance
• Strong understanding of risk, control, and audit frameworks
• Demonstrated ability to drive enterprise alignment across highly matrixed organizations
• Strong executive communication and decision-support capability
• Experience partnering with Finance leadership on budgeting, forecasting, and investment decisions
• Minimum of 15 years of related experience
• Bachelor's degree preferred or equivalent experience

Nice To Haves

• Experience in cloud, infrastructure, or platform engineering environments
• Familiarity with public cloud platforms (AWS, Azure)
• Familiarity with DevSecOps and delivery pipelines
• Familiarity with enterprise resiliency and operational models
• Experience with FinOps practices and cost optimization
• Experience with regulatory and audit response in technology domains
• Experience leading multi-disciplinary teams (portfolio, financial governance, TPMs)

Responsibilities

• Own the integrated portfolio view across Cloud Engineering, Tools Development, and Operations, including strategic initiatives and major programs, platform and infrastructure investments, and application onboarding and migration efforts.
• Ensure all cloud-related work is clearly defined, decomposed, and sequenced, aligned to enterprise priorities and platform constraints, and transparently tracked against measurable outcomes.
• Provide authoritative, executive-level reporting on portfolio health and delivery progress, risks, dependencies, and systemic constraints, and trade-offs across competing priorities.
• Own the quarterly planning and prioritization process across Cloud Engineering, Tools Development, and Operations functions impacting cloud delivery.
• Translate strategic direction into funded, capacity-aware plans, ensuring explicit prioritization decisions, alignment between demand and delivery capacity, and clear sequencing of initiatives and dependencies.
• Lead prioritization discussions across stakeholders, surfacing trade-offs between speed, cost, and risk, and platform readiness vs. demand pressures.
• Partner directly with Enterprise Finance leadership to align cloud investment with enterprise financial plans, ensure funding decisions reflect delivery realities and priorities, and maintain traceability between budget, spend, and outcomes.
• Establish and operate the Cloud Business Office (CBO) as a durable enterprise capability.
• Own FinOps discipline for cloud, including end-to-end cloud cost transparency and attribution, cost governance models across services and teams, and identification and realization of efficiency opportunities.
• Lead cloud-related audit and regulatory response, ensuring audit readiness and defensible evidence across cloud initiatives, integration of control requirements into delivery processes, and effective tracking and closure of audit findings.
• Define and maintain portfolio governance frameworks, including intake and demand management, stage gates, review forums, and decision rights, and documentation and reporting standards.
• Lead the Cloud Technical Project Management function, including one or more Director-level TPMs responsible for execution tracking.
• Ensure a single, trusted source of truth for cloud delivery status across the enterprise.
• Enforce high standards for reporting integrity, including evidence-based status updates, consistent definitions of health and progress, and rejection of incomplete or misleading reporting.
• Ensure delivery risks, issues, and dependencies are identified early, transparently surfaced, and escalated to the appropriate decision forums.
• Maintain clear accountability for delivery teams while ensuring central visibility and coordination.
• Serve as the central integration point across Cloud, Tools, and Operations, ensuring alignment between platform capabilities and downstream consumption, enterprise demand and platform capacity, and delivery plans across interdependent teams.
• Drive resolution of cross-team dependencies, resource contention and sequencing conflicts, and misalignment between priorities and execution plans.
• Escalate prioritization decisions to senior leadership when required, ensuring clarity and timeliness.
• Provide leadership with a clear, traceable linkage between cloud investment and delivered outcomes.
• Enable cost-informed decision-making, including trade-offs between cost, performance, and delivery speed.
• Ensure cloud initiatives are properly funded and tracked, and measured for value delivery and efficiency.
• Partner with Finance to align budgeting and forecasting processes, cloud consumption trends and cost drivers, and actual delivery results and realized value.
• Build and evolve the Cloud Portfolio Management capability, including portfolio management practices and tooling, reporting and analytics models, and governance and operating rhythms.
• Define and track portfolio-level KPIs, such as delivery predictability, cost efficiency, and dependency resolution effectiveness.
• Improve transparency and reporting quality, planning accuracy and execution alignment, and cross-team coordination at scale.
• Introduce scalable, pragmatic mechanisms that enhance rigor without slowing delivery.

Benefits

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: Associate degree