Portfolio Manager

Location: Greater London

** Portfolio Manager (Functions)
*** London or Darlington, with hybrid working arrangements.
*** About the role
** At Railpen, we’re committed to securing our members’ futures and delivering long-term value through effective change. As Portfolio Manager, you’ll work closely with the Director of Change & Transformation (C&T) Functions to shape, prioritise and govern the portfolio for your supported business area.

You’ll provide strategic insight and constructive challenge across demand, investment, capacity, risk and organisational readiness, helping leaders focus resources on the initiatives that deliver the greatest value. Acting as a trusted advisor, you’ll connect business strategy with change delivery and deputise for the Director where appropriate. As a visible leader within C&T, you’ll actively contribute to team anchor days, leadership forums, all-hands meetings, capability communities, offsites and other in-person activities that strengthen collaboration, shared purpose and organisational culture.

To learn more about Railpen including our values, culture and purpose, visit our careers page
** here**.
** What you’ll be doing
*** Partnering with, and deputising where appropriate for, the Director of C&T to shape, optimise and govern the portfolio for the supported business area.
* Providing strategic insight, constructive challenge and clear recommendations to support portfolio decision-making, investment planning and long-term business objectives.
* Leading portfolio prioritisation, sequencing and investment-planning activities, assessing demand against strategic value, risk, cost, delivery capacity and organisational readiness.
* Maintaining an integrated view of portfolio status, priorities, budgets, capacity, risks, dependencies and opportunities to support evidence-based decision-making.
* Overseeing portfolio performance, delivery confidence, investment effectiveness, risks and dependencies, ensuring proportionate governance arrangements are in place.
* Facilitating portfolio trade-off discussions and recommending changes to priorities, sequencing or investment where constraints could affect successful delivery.
* Maintaining oversight of change demand, delivery capacity and organisational readiness, working with Project Management, Business Analysis and delivery leaders to balance portfolio outcomes and capability requirements.
* Building trusted relationships with senior business and change leaders, acting as a bridge between business strategy and change delivery and representing the portfolio in leadership and governance forums.
* Anticipating emerging risks, opportunities and portfolio implications, providing clear recommendations before they become immediate concerns.
* Continuously improving portfolio management practices, governance, planning and management information to promote simpler, more consistent and evidence-based decision-making.
** What we’re looking for
** You’ll be an experienced change professional with strong strategic thinking, commercial awareness and a track record of translating business priorities into a coherent and deliverable portfolio of change. You’ll bring an understanding of delivering change across corporate functions, including complex operational, process and technology environments. Combining sound judgement with strong analytical, facilitation and influencing skills, you’ll challenge constructively, build credibility with senior stakeholders and turn complex portfolio information into clear, actionable recommendations.
** Essential
* ** Proven experience in change delivery, strategic planning or leadership within a complex organisational environment.
* Experience delivering change across corporate functions, with an understanding of complex people,…