IT Portfolio Manager

Applied MaterialsAustin, TX
$100,000 - $137,500

About The Position

Applied Materials is a global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. We design, build and service cutting-edge equipment that helps our customers manufacture display and semiconductor chips – the brains of devices we use every day. As the foundation of the global electronics industry, Applied enables the exciting technologies that literally connect our world – like AI and IoT. If you want to push the boundaries of materials science and engineering to create next generation technology, join us to deliver material innovation that changes the world. You’ll benefit from a supportive work culture that encourages you to learn, develop, and grow your career as you take on challenges and drive innovative solutions for our customers. We empower our team to push the boundaries of what is possible—while learning every day in a supportive leading global company. Visit our Careers website to learn more. At Applied Materials, we care about the health and wellbeing of our employees. We’re committed to providing programs and support that encourage personal and professional growth and care for you at work, at home, or wherever you may go. Learn more about our benefits. The IT Portfolio Manager is responsible for planning, prioritizing, and governing the organization’s IT investment portfolio. This role ensures that IT initiatives are aligned to business strategy, deliver measurable value, and are balanced across run, grow, and transform priorities. The IT Portfolio Manager works closely with business leaders, IT leadership, and finance to provide transparency into demand, cost, value, and risk across all IT initiatives.

Requirements

  • Bachelor’s degree in Information Technology, Business, or a related field.
  • 5+ years of experience in IT, program management, PMO, or portfolio management roles.
  • Strong understanding of IT delivery models, application lifecycles, and enterprise platforms.
  • Proven ability to work with senior leaders and influence decisions.
  • Experience with financial planning, budgeting, and business case development.
  • Strong analytical, communication, and executive presentation skills.

Nice To Haves

  • Certification such as PMP, PgMP, SAFe LPM, or ITIL is a plus.

Responsibilities

  • Own and manage the enterprise IT portfolio, covering applications, infrastructure, data, and digital initiatives.
  • Ensure IT investments align with business strategy, CIO priorities, and enterprise goals.
  • Translate business demand into a structured, prioritized portfolio roadmap.
  • Lead intake, evaluation, and prioritization of IT initiatives using agreed value, cost, risk, and capacity criteria.
  • Partner with finance to support annual planning, budgeting, and multi-year investment planning.
  • Balance the portfolio across regulatory, operational, and innovation initiatives.
  • Define and operate portfolio governance processes, forums, and decision frameworks.
  • Prepare executive-ready portfolio views (dashboards, scorecards, and summaries).
  • Provide data-driven recommendations to leadership on start, stop, continue, or pivot decisions.
  • Track portfolio-level spend, forecasts, and benefits realization.
  • Monitor value delivery against approved business cases.
  • Identify opportunities to optimize cost, eliminate duplication, and improve return on investment.
  • Work with engineering, application owners, and delivery teams to understand capacity and constraints.
  • Align approved demand with available funding and delivery capacity.
  • Flag conflicts, risks, and bottlenecks early and propose trade-off options.
  • Deliver regular portfolio health reports covering scope, cost, schedule, value, and risk.
  • Maintain a single source of truth for portfolio data.
  • Support CIO, SLT, and executive reviews with clear insights and recommendations.
  • Mature portfolio management practices, tools, and metrics over time.
  • Introduce standard definitions, lifecycle stages, and performance indicators.
  • Promote a culture of data-driven decision-making and accountability.
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