Job DescriptionDescription The Portfolio Manager supports product-focused decision making and financial stewardship by taking accountability for how the Value Team leverages the IT Investment Management Framework. This role will utilize portfolio demand and fiscal management tools to monitor and analyze performance that includes Total Cost of Ownership (TCO) and value realization. The incumbent will curate insights of operational savings and efficiencies that will inform investment decisions. The Portfolio Manager reports to the Value Team Portfolio Lead and works closely with Product Line Leads, Product Managers, Finance and Value Teams.
Responsibilities include but are not limited to - Portfolio governance, operational reviews, and reporting (overall health, resource consumption, financials etc.) for Value Team members and Senior Leaders.
- Management in all phases of investment process to drive, execute and optimize division IT portfolio.
- Proactive stewardship of all investment funding mechanisms, which includes ensuring the collective initiatives and product lines do not exceed the portfolio's budget allocation.
- Consistent reporting in all applicable systems and forums at various levels of Value Team operations.
- Adoption of portfolio and financial tools and processes. This includes becoming a subject matter expert that can host training to increase financial acumen of peers and Value Team.
- Validation and prioritization of new portfolio demand in partnership with Value Team Leader & Portfolio Lead while instilling a culture of sharing and re-use.
- Propose and secure funding through business case and guardrail management in collaboration with Business Technology Partners (BTPs) and Product Line Leaders (PLLs).
- Tracking/Reporting Total Cost of Ownership (TCO) & value realization that supports decision making for Portfolio Lead and Value Team.
- Independent content creation for Senior Leaders that articulates value drivers, progress on value, key decisions, and impact/outcomes.
- Active participation in process improvement forums and retrospectives. As a next step, incumbent can implement changes with Agile mindset.
Education Minimum Requirement: - Bachelor's Degree in Business, Finance, or related field PREFERRED but not required. Relevant certifications and experience will be considered.
Required Experience and Skills: - 5 + years of demonstrated IT portfolio or fiscal management experience, pharmaceutical industry preferred.
- Curiosity to discover drivers behind trends. Strong quantitative skills and the ability to use/visualize data and metrics to inform investment decisions in cross-functional team.
- Strong financial, process improvement acumen with interest in educating organization in these concepts.
- Demonstrated ability to thrive in detail-oriented role with a sense of urgency to meet deadlines, often without oversight.
- Solid communication skills including facilitation of live or virtual meetings, meeting/workshop management, written communication, and presentation skills.
- Competent in the use of financial and communications tools including Microsoft Excel and Teams along with the rest of Office 365 suite, Confluence, Spotfire, Power BI, JIRA.
Required Skills: Biopharmaceutical Industry, Business Technology, Financial Decision Making, IT Financial Management, Management Due Diligence, Management Process, Measurement Analysis, Microsoft Power Business Intelligence (BI), Portfolio, Programme, and Project Support, Program Management, Project Management, Risk Management, Stakeholder Relationship Management, Team Operations, Technical Management, Technical Projects, Total Cost of Ownership Analysis, Waterfall Model
Preferred Skills: Current Employees apply HERE
Current Contingent Workers apply HERE
US and Puerto Rico Residents Only:The salary range for this role is
$117,000.00 - $184,200.00
This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An employee's position within the salary range will be based on several factors including, but not limited to relevant education, qualifications, certifications, experience, skills, geographic location, government requirements, and business or organizational needs.
The successful candidate will be eligible for annual bonus and long-term incentive, if applicable.
We offer a comprehensive package of benefits. Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days. More information about benefits is available at https://jobs.merck.com/us/en/compensation-and-benefits.
You can apply for this role through https://jobs.merck.com/us/en (or via the Workday Jobs Hub if you are a current employee). The application deadline for this position is stated on this posting.
San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance
Los Angeles Residents Only: We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance
Search Firm Representatives Please Read Carefully Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Employee Status: Regular
Relocation:VISA Sponsorship:Travel Requirements:Flexible Work Arrangements:Hybrid
Shift:Valid Driving License:Hazardous Material(s):Job Posting End Date:08/6/2026
*A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date. 
