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Transformation Portfolio Manager

Job in Reading, Berkshire, RG1, England, UK
Listing for: Thames Water
Full Time position
Listed on 2026-06-18
Job specializations:
  • Management
    Program / Project Manager, Operations Manager, Change Management
Salary/Wage Range or Industry Benchmark: 78000 GBP Yearly GBP 78000.00 YEAR
Job Description & How to Apply Below

Working hours: 36 hours per week, Monday–Friday

Travel: Required to operational sites 2–3 times per week

What you’ll be doing

We have an exciting opportunity for a Transformation Portfolio Manager to join us in a brand-new role, shaping how we deliver transformation across our operations.

This is a high‑impact leadership role at the heart of our transformation agenda. You’ll take ownership of our Strategic Operations & Transformation portfolio, building and embedding a consistent approach to PMO governance, reporting, and delivery across multiple programmes.

As a hands‑on and innovative leader, you’ll design and implement frameworks that bring structure, clarity, and pace to delivery—ensuring our transformation programmes deliver real value for our business and customers.

You’ll work closely with senior stakeholders, programme teams, and business leaders, creating a joined‑up approach to portfolio management while driving continuous improvement and smarter ways of working.

Key accountabilities
  • Shape and lead our transformation portfolio – establishing robust governance, standards, and best practices across programmes.
  • Build and embed a high‑performing PMO function, creating structure across portfolios to streamline delivery.
  • Own portfolio‑level reporting and insight, delivering clear, data‑driven updates to senior leadership.
  • Drive performance and value delivery, ensuring programmes are aligned to strategic priorities and delivering measurable benefits.
  • Lead resource and capacity planning, enabling effective allocation across programmes.
  • Manage risks, issues, and dependencies across the portfolio, driving proactive resolution.
  • Act as a trusted partner to senior stakeholders, influencing decision‑making and prioritisation.
  • Develop and lead a team, coaching and supporting colleagues to build capability and consistency.
What you should bring to the role

We’re looking for a dynamic, forward‑thinking leader who thrives in a fast‑paced transformation environment and is excited by the opportunity to build something new.

  • Proven experience in a portfolio or senior PMO leadership role, ideally within transformation or change.
  • Strong people leadership and team management experience.
  • Excellent communication and stakeholder management skills, with the ability to engage at senior levels.
  • Experience managing complex portfolios and multiple programmes simultaneously.
  • Strong analytical mindset, with the ability to turn data into clear, actionable insight.
  • A proactive, hands‑on approach, with the ability to shape and implement new ways of working.
  • A passion for continuous improvement and driving delivery excellence.
  • Experience in large operational or regulated environments.
What’s in it for you?
  • Salary up to £78,000 per annum.
  • Annual Leave – 24 days holiday per year, increasing to 28 with length of service plus bank holidays.
  • Generous Pension Scheme through AON.
  • Performance‑related pay plan directly linked to company performance measures and targets.
  • Access to a range of health, wellbeing and financial benefits, including health MOTs, physiotherapy and counselling, Cycle to Work schemes, shopping vouchers and life assurance.
Disclaimer

Disclaimer: due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.

Equal Opportunities

We’re committed to being a great, diverse, and inclusive place to work. We welcome applications from everyone and want to ensure you feel supported throughout the recruitment process. If you need any adjustments, whether that’s extra time, accessible formats, or anything else just let us know—we’re here to help and support.

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