Portfolio Manager

Vacancy posted: Friday, 14 October 2016

Salary: Excellent Salary + Benefits
Location: Glenrothes

Job ref. no.: 84186BR

Portfolio Manager


Raytheon UK is looking for a dynamic and high performing Senior Programme Manager with current product  development experience to work within Raytheon’s Power & Controls (P&C) Business.  Reporting to the Business Lead, this is a creative and strategic  role. The successful candidate will be responsible for developing and maintaining Power & Controls product portfolio and roadmap (IPS & Weapons); for outlining individual product opportunities and definitions within the portfolio at conception or update; for ensuring regular portfolio change control; and for working with Strategy, Technology, Engineering, Manufacturing, Programme Management, Sales Business Development and Customer Support to ensure that business objectives are met.
This is a complex and challenging role that will be highly rewarding and high profile, with extensive communication and interfacing requirements with Industry stakeholders, demanding excellent interpersonal skills and high levels of energy and stamina. The work location will primarily be based at Glenrothes facility with frequent visits to other customer sites in the UK and occasional travel to the US.
Main Duties:
The Portfolio Manager is the owner of the overall portfolio and, up until formal project kick-off, the products within it. After individual product projects are kicked off, the Portfolio Manager assumes a watching and advisory brief. The Portfolio Manager is responsible for:

  • Leading the Portfolio Planning Process for creation and periodic update of a product portfolio that meet strategic and commercial objectives whilst meeting  market and customer requirements
  • Creation of Product and Opportunity Briefs, outlining all major product characteristics, as well as target markets, product purpose, competitive positioning, proposition, market timing, etc.
  • Establishing product business and investment cases
  • Capturing customer and market requirements and intelligence, as well as competitive intelligence, in cooperation with Strategy, Business Development and Sales, and incorporating those learning into portfolio and product planning
  • Contributing to the Technology Roadmap and ensuring coordination between the Technology Roadmap and Product Roadmaps
  • Contributing and managing the  intellectual property strategy and the creation of company IP for the products within the Power and control portfolio
  • Assisting in responses to customer RFIs, RFQs, RFPs, UORs and other information & bid requests
  • Providing timely, accurate and detailed portfolio and high level product information to the business development and sales teams, and for marketing and public relations purposes
  • The Portfolio Manager will be responsible for the line management of Product Managers within the business. The role will ensure that the all function duties and responsibilities for the housekeeping & general hygiene factor of the product management team are satisfied.

Candidate Requirements:

Personal Characteristics

  • Strong Leadership skills with a desire to succeed
  • Proactive team builder who can motivate and lead by example
  • Strong interpersonal skills, team motivator, able to build strong relationships with customers and peers. Able to drive multidiscipline teams
  • Innovative & creative problem solver. Able to develop and deliver effective presentations.
  • Able to facilitates problem solving of complex issues across business units and organisational boundaries
  • Excellent Communication – written and verbal at all levels within the organisation and with the customer
  • Commercially astute
  • Excellent negotiation skills
  • Ability to identify and understand technical programme issues, to summarize key concerns and follow through with development of an action plan to correct or satisfy problem areas.
  • Integrity and honesty; able to deliver bad news as well as good Energy and Drive
  • Staying Power; maintains personal motivation over the long haul
  • Courage; able to make the difficult decision
  • Ability to rapidly assimilate information, culture and process to bring maximum effect in a short space of time.

Education and Experience


  • Degree in either engineering or business administration/marketing, plus extensive subsequent experience
  • Established commercial & industry experience  managing all aspects of Intellectual Property to ensure exploitation and protection is clearly managed to ensure the integrity of IP ownership
  • In depth technical understanding/subject matter expertise of power solutions to suit the  Power & Control ’s area of business, including relevant hardware and software elements and development processes
  • Proven ability to shape innovative technology and customer requirements into compelling and differentiated product propositions
  • Ability to build and defend business cases
  • Understanding of development program measures, controls and metrics
  • Strong written, oral and presentation communication skills
  • Strong negotiation skills required for both internal and external discussions
  • Self-starting and able to work without supervision
  • Experience in driving and shaping portfolio and product strategy
  • Ability to develop and adhere to relevant business processes
  • Ability to influence and drive multi discipline teams
  • Ability to engage within an international organisation at all levels


  • Member of a relevant Engineering or Programme Management Professional Institution

About Raytheon:

Raytheon UK is a subsidiary of Raytheon Company. We are a prime contractor and major supplier to the UK Ministry of Defence and have developed strong capabilities in mission systems integration in defence, National & Cyber security and commercial markets. Raytheon UK also designs, develops and manufactures a range of high-technology electronic systems and software solutions at its facilities in Harlow, Glenrothes, Gloucester, Waddington and Broughton.

Raytheon Company, with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specialising in defence, civil government and cybersecurity solutions. With a history of innovation spanning 94 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as cyber security and a broad range of mission support services. Raytheon is headquartered in Waltham, Mass Raytheon.

Raytheon Career Development:

Raytheon has a wealth of resources available to help you develop your career from the moment you join.  Activities range from on-line learning modules, to external training and support for taking professional qualifications relevant to your role.

Standard Benefits:

  • 25 days holiday + statutory holidays
  • Contributory Pension Scheme
  • Life Assurance
  • Flexible Benefits
  • Enhanced sick pay scheme


Diversity is a core business imperative at Raytheon. We are an equal opportunity employer that promotes inclusiveness and always employs the best professionals for the job. Having a diverse workforce allows Raytheon to draw upon a range of different ideas and experiences which supports growing our business and creates an environment where everyone has an equal opportunity for success.

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