Northwestern Mutual

Assistant Director, Enterprise Portfolio Management Group

Northwestern Mutual$108K — $162K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 7 years of experience in governance, enterprise portfolio management, finance, or related fields.
  • Strong process orientation with the ability to design and improve governance routines and reporting mechanisms.
  • Comfortable operating in ambiguous environments and bringing structure to complex work.
  • Ability to synthesize complex data and communicate implications clearly to leadership.
  • Excellent written and verbal communication skills tailored for executive audiences.
  • Strong attention to detail with the capacity to manage multiple priorities.
  • Proven ability to lead complex assignments impacting the enterprise.

Responsibilities

  • Execute governance processes for the Enterprise Portfolio Management Group, maintaining routine activities.
  • Review and synthesize portfolio information to identify risks and facilitate leadership action.
  • Develop executive materials including agendas and summaries for senior leadership discussions.
  • Manage the intake and prioritization process of enterprise work submissions.
  • Identify and escalate execution risks and friction points within the portfolio of work.
  • Collaborate with leaders to shape future governance processes and decision forums.
  • Integrate strategy, finance, delivery, and governance to enhance portfolio decision-making.

Benefits

  • Opportunity for leadership development in a high-visibility role.
  • Work in a hybrid setting balancing remote and in-office engagements.
  • Potential for significant impact on enterprise-wide projects and governance processes.
  • Engagement with senior leaders and strategic initiatives across the organization.
Full Job Description

About the Job

The Enterprise Portfolio Management Group is seeking an Assistant Director to help execute and evolve enterprise governance processes that enable senior leaders to make clear, informed decisions about the portfolio of work across Northwestern Mutual. This role will report directly to the VP, Enterprise Planning and, along with the Sr Director Business Program Manager, will be responsible for both operating the current governance routines with discipline and helping define the future-state approach for enterprise portfolio management.

This is role suited for someone who is comfortable with ambiguity, brings structure to complex work, and can move between detailed process execution and strategic thought partnership. The right candidate will have strong governance, portfolio management, finance, or business operations experience; excellent written and verbal communication skills; and the executive presence to work effectively with senior leaders.

What You’ll Do

  • Execute enterprise governance processes: Support and help run core Enterprise Portfolio Management Group governance routines, including Enterprise Portfolio Management Committee activities, enterprise portfolio reviews, intake and prioritization, portfolio reporting, execution risk and watchpoint escalation, and Quarterly Business Review support.
  • Bring rigor to portfolio reporting: Review and synthesize enterprise portfolio information to surface execution risks, watchpoints, dependencies, tradeoffs, and metrics status in a way that enables timely leadership action.
  • Prepare senior leader materials: Develop agendas, pre-read materials, executive summaries, decision-ready updates, and meeting outcomes for senior leadership forums. Translate complex portfolio information into clear, concise written and verbal communications.
  • Support intake and prioritization: Help manage the intake, evaluation, prioritization, and governance of enterprise work, ensuring submissions are clear, comparable, and decision-ready.
  • Escalate risks and watchpoints: Identify patterns, execution risks, gaps, and points of friction across the portfolio; frame issues clearly; and support practical recommendations for escalation, mitigation, or leadership decision.
  • Help shape future-state governance: Partner with the VP, Enterprise Planning and Enterprise Portfolio Management Group leaders to define future enterprise portfolio management processes, including Quarterly Business Reviews, metrics and value realization, operating cadence, decision forums, and ways of working.
  • Connect strategy, finance, delivery, and governance: Apply business and financial acumen to help leaders understand how portfolio decisions connect to enterprise priorities, capacity, value, risk, and execution realities.
  • Drive clarity and organization through program management and communication across governance activities, maintaining momentum without relying on a rigid project management playbook.

What You’ll Bring to the Role

  • Minimum 7 years of related experience in governance, enterprise portfolio management, finance, business operations, strategy execution, or a related field. Bachelor’s degree in business, finance, management, or a related field preferred, or equivalent directly related work experience.
  • Strong process orientation with the ability to design, execute, and improve governance routines, operating cadences, reporting mechanisms, and decision forums.
  • Comfort operating in ambiguity, with the ability to bring structure, define the problem, clarify choices, and move work forward before every answer is known.
  • Demonstrated ability to synthesize complex information, identify themes and tradeoffs, and communicate implications clearly to senior leadership.
  • Excellent written and verbal communication skills, including the ability to create crisp, executive-ready materials and facilitate productive leadership discussions.
  • Strong attention to detail and follow-through, with the ability to manage multiple priorities and maintain quality in fast-moving environments.
  • Demonstrated ability to lead and manage large and highly complex assignments including those with enterprise-wide impact.
  • Team player with a high degree of personal initiative and motivation.

Skills You Have

  • Adaptive Communication: Formulates strategies to be used to convey complex information about services, products, systems, or processes to targeted audiences; communicates and liaises between technical and non-technical audiences.
  • Analytical Thinking: Organizes and compares various aspects of a situation to comprehend and identify key or underlying complex issues through the use of quantitative data and analysis; leverages strong business acumen, problem solving, and interpersonal skills to think critically about situations from multiple perspectives and consistently seeks ways to improve processes.
  • Business Acumen: Applies knowledge of both general and organization-specific business issues/financial implications for the organization to problem solve.
  • Change Adaptability: Becomes adaptable in response to continual changes; shows an openness to new ways of working, new methods, work-in-progress improvements and changes and seamlessly navigates the changing business environment and adjusts behavior as appropriate to the situation.
  • Emotional Intelligence: Includes self-awareness and self-management, empathy towards stakeholders (internal and external) via active listening. Builds trusting relationships and establishes credibility with peers, mangers and stakeholders to influence optimal outcomes for employees and clients.
  • Process Mindset: Demonstrates ability to define processes to organize people, activities, and milestones. Understands how to separate and combine tasks into efficient work-flow; creates metrics to measure success. Identifies opportunities for synergy and integration where others can't. Simplifies complex processes and produces more out of fewer resources.
  • Program Governance: Establishes and manages policies, processes, and structures to guide the decision-making, roles and responsibilities, and overall direction of the program. Defines the framework to ensure the program is aligned with organizational goals and is executing in compliance with requirements.


#LI-Hybrid

Compensation Range:

Pay Range - Start:

$108,160.00

Pay Range - End:

$162,240.00

Geographic Specific Pay Structure:

Structure 110:

$118,960.00 USD - $178,440.00 USD

Structure 115:


$124,400.00 USD - $186,600.00 USD

We believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you’re living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click to learn more.


About Northwestern Mutual

Northwestern Mutual has been helping people and businesses achieve financial security for more than 160 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what's most important. Northwestern Mutual delivers financial security to millions with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. The company manages billion of dollars of investments owned by its clients and held or managed through its wealth management and investment services businesses. Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (securities), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance).

Northwestern Mutual Careers

Joining Northwestern Mutual presents a unique opportunity to be part of a team that is dedicated to empowering personal and professional growth, innovation, and leadership in the financial services industry. As a company renowned for its commitment to excellence and a culture that values diversity and inclusion, Northwestern Mutual offers unparalleled job opportunities for both seasoned professionals and those at the start of their careers.

Work You’ll Do

At Northwestern Mutual, we believe in building strong relationships not only with our clients but also among our team members. By joining our team, you will collaborate with some of the most talented professionals in the industry, all united in their commitment to leadership and innovation. Our employees are equipped with top-tier benefits and diversity training that ensure their career journey is both rewarding and inclusive.

Explore Professional Growth and Development

Northwestern Mutual is committed to fostering an environment where career growth is not just a possibility but a priority. With a variety of positions available, from financial representatives to internships for budding professionals, our company is a place where your skills and passion can thrive. We provide extensive training programs and leadership development opportunities that prepare you for success in your current role and beyond.

Innovative Work Environment

Our team at Northwestern Mutual is at the forefront of integrating cutting-edge technology and innovative financial strategies to provide exceptional service to our clients. This focus on innovation is not just about staying current; it's about leading the way in the financial sector. Employees at all levels are encouraged to contribute ideas and take initiative, driving the company forward as a leader in the financial industry.

Be Part of Our Diverse and Inclusive Team

Diversity and inclusion are more than just buzzwords at Northwestern Mutual; they are integral to our company culture and business strategy. We are committed to creating a workplace where all employees can flourish. Our diversity training programs are designed to enhance understanding and foster an inclusive environment for all team members.

Networking and Career Advancement

Networking within Northwestern Mutual opens doors to expansive career advancement opportunities. We encourage our employees to engage in internal networking events, which often lead to mentorship and further career development. Whether you are looking to enhance your resume, prepare for an interview, or step into a leadership role, Northwestern Mutual provides the resources and support to help you achieve your professional goals.

Join Our Team

Search open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level. Explore the job opportunities and internships available at Northwestern Mutual and find out how you can contribute to our legacy of innovation and leadership.

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Join us and start your journey at Northwestern Mutual today, where your career is nurtured, your skills are honed, and your achievements are celebrated.
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