Job Description

SummaryTransformation Value Management Office (VMO) DirectorPermanentLocation: Edinburgh (We believe in the power of in-person collaboration, and our hybrid model requires colleagues to be in the office a minimum of 40% of their time)Salary: We offer a competitive salary, depending on the experience you can bring.Closing date: Friday 4th April.Wexe2x80x99re Aegon - a company of ambitious, collaborative, problem-solvers who get things done. We strive to make sure everyone that works for us feel seen, heard, and valued xe2x80x93 so wexe2x80x99re looking for like-minded people to join us. We have three behaviours that are central to how we operate as a team and a business: we step up, we tune in and wexe2x80x99re a force for good.We help people live their best lives. We help them with the big stuff, for the moments that matter: Pensions, Savings, Investments. At Aegon, we strive in creating a diverse organisation that plays a meaningful role in driving greater equity, inclusion and belonging.We are currently looking for a Transformation Value Management Office (VMO) Director to join our team on a permanent basis based in Edinburgh.The VMO exists within our Transformation department to optimise the delivery of business value by aligning strategic priorities with execution. It aims to empower the organisation to make informed, lead indicator decisions through effective governance, transparent reporting, and efficient resource management.Our Transformation VMO Director is accountable for shaping, optimising, maturing, and leading the Aegon UK VMO. The future VMO model will integrate both agile and traditional portfolio management practices to create a multi-modal approach tailored to the organisationxe2x80x99s delivery needs.The Transformation VMO Director is an enterprise-wide role and is therefore responsive to the needs of the AUK Executive Committee and wider Senior Leadership Team. You will ensure that the AUK Executive Committee are fully engaged in the strategy delivery process and are able to make decisions in an agile and timely manner.Key ResponsibilitiesAligning the transformation efforts with the strategic vision and the delivery of measurable business, customer and regulatory outcomes.Collating, constructing, prioritising and sequencing the Mid Term Plan (MTP)Owning and managing the annual Transformation portfolio development process in support of Business Initiative OwnersOptimising portfolio funding linked to business outcomes, ensuring value realisation and efficient demand and supply resource allocation across the enterprise-wide portfolio of changeOptimising the allocation of portfolio funding for sustainable Return On InvestmentValue realisation management to ensure that appropriate and agile financial management, governance and reporting are in place to enable decision making with suitable controls to maximise valueLeading the transformation to a multi-modal delivery model, supporting the launch of Value Streams, and embedding a continuous delivery performance improvement plan as we move from project to productRefining and improving the Enterprise Delivery Framework (EDF) and the corresponding processes to support an efficient and safe multi-modal approachOverall ownership of the EDF, including continuous improvement to promote the ongoing safe and predictable delivery of the Transformation Portfolio Introducing a common goal setting framework which enables the tracking of value using OKRsDesigning and driving an increase in organisational agility, enabling a culture of leading Transformation enablement through innovation and delivery performance maturityOperating a common and robust governance cycle for all change, which provides appropriate delivery controls and visibility into portfolio performance to enable data-driven decision makingWexe2x80x99d love to hear from you if you have:Practical business experience with significant involvement in complex transformation delivery at scale and/or transformation managementHave a deep understanding of products and services as well as the vision or target stateKnowledge of VMO and PMO methodologies and how they interlinkDeep practical knowledge of multi-modal delivery approaches including experience of Agile delivery methodologies and execution including scaling, and the shift from project to productExperience of engaging executive and board level stakeholders to educate and explore transformation opportunitiesHas knowledge of leading technologies, business models and customer expectationsUnderstanding of enterprise systems, management information and operating model developmentKnowledge of traditional transformation management, including tracking and reporting metrics (budget, schedule, quality), status reporting (both to client organisation and own organisation), risk and issue management, and ensuring a clear process and governance for all these pointsKnowledge of Regulatory demands and how they apply across a transformation investment portfolio; strong understanding of pension, life and investment products and platforms preferredBroad industry knowledge with the ability to connect business requirements to broader business and technology solutionsPrevious experience in notable roles in at least two functional areas: Strategy, Transformation, Technology, Product, DesignWhatxe2x80x99s in it for you?A non-contributory pension between 8%-12%Annual Car AllowanceA discretionary bonus, depending on personal and company performance38 days leave per year (including bank holidays, pro-rated for part-time)We also offer private medical cover, life assurance, critical illness cover, enhanced parental leave and a variety of lifestyle benefits to help our employees live their best lives, including retail discount vouchers, cycle2work scheme, subsidised restaurant and online GP appointments.The legal bitsWexe2x80x99ll need you to confirm you have the right to work in the UK. If we offer you a job and you accept, there are some checks we need to complete before you can start with us. This will include a credit and criminal record check, as well as providing satisfactory references.This role falls in scope of the Certification Functions subject to the Senior Manager and Certification Regime, your ongoing employment is conditional upon you being deemed a fit and proper person and maintaining your certificationEqual Opportunity Employer:We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their age, disability, race, religion/belief, gender, sexual orientation or gender identity.

Aegon