Portfolio Manager - North East

Portfolio Manager Jobs

Business change and transformation has to be thoroughly planned, organized and monitored during execution if they are to be successful and efficient. A team needs to be put together, and progress needs to be regularly reported to the board. In many companies the portfolio manager is the person with these responsibilities. They oversee several workstreams or perhaps an entire company’s ongoing programmes, depending on its size.

The portfolio manager is also a line manager of the team putting the programme into action, including its analysts. How or she is in regular contact with these practitioners and acts as the channel of communication between the process staff and the board. Because he or she is in charge of several workstreams, they also need to monitor how they influence and interact with each other. The job carries a good deal of responsibility as the head of process.

The skills required

Portfolio managers are highly experienced business change and transformation professionals, and companies need to see a solid track record of delivery of multiple simultaneous workstreams to qualify for the position. You need a methodical and logical mindset too, as you are overseeing workstreams that could be distant geographically or in terms of physical similarities, where confusion can sink portfolio managers who are not on top of things.

Experience of managing portfolios in the same sector as the job advertised will be a distinct advantage, as differences between sectors can make a huge difference to how a project is managed. While most companies demand experience in a management role, others recognize that managers have to start somewhere and are looking for experienced deputies, senior staff and other such positions so they can absorb them into their own company structures.

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Portfolio Manager Jobs in the North East

Covering Northumberland, Tyne and Wear, Teeside and County Durham, the North East includes the cities of Durham, Sunderland and Newcastle upon Tyne, as well as other communities like Gateshead, Middlesbrough and Darlington.

In the 18th, 19th and early 20th centuries, the area's economy mainly relied on shipbuilding, heavy industry, coal mining and manufacturing. However, most of these faced significant decline after the second world war.

The region's economy is now mainly based in the service sector, and it is also known for its retail, art and culture. A number of tech companies are located in the North East, as well as businesses based in the petrochemical and steel industries.

What's more, the region is home to a significant amount of scientific research, particularly at the Centre for Life. This facility in Newcastle includes exhibition space for tourists, as well as a number of working laboratories that are used by biotechnology companies and medical clinics.

For those seeking Portfolio Manager roles, just some of the companies that have headquarters or manufacturing facilities in the North East include Santander, Sage Group, Virgin Money, Tetley Tea, McCoy's Crisps, Greggs the Bakers, Nestle and Coca Cola.

In addition, there's BAE Systems, which manufactures military tanks, while Siemens produces steam turbines and Nissan operates the largest car factory in the UK.

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