IT Portfolio Investment Analyst

Job Description

It’s about investing in people, not accounts.  

Are you known for your attention to detail and exceptional organizational skills? Do you have a knack for moving things forward? Do you like working in a behind the scenes environment and have a goal-oriented mindset? If so, being IT Portfolio Investment Analyst with Frost could be for you.

At Frost, it’s about more than a job. It’s about having a flourishing career where you can thrive, both in and out of work. At Frost, we’re committed to fostering an environment that reflects our values and encourages team members to be the best they can be. In joining our adaptable, integrity-driven team, you’ll become part of Frost’s over 150-year legacy of providing unparalleled banking services.

Who you are:

As an IT Portfolio Investment Analyst with Frost, you are our strategic partner. You have a passion for understanding how investments create meaningful business value. In this role, you will partner with project managers and technology leaders, putting collaboration to work. You will use your analytical mindset, business acumen, and communication skills to develop business cases, assess priorities, and deliver insights that support executive decision making, all while doing so with our signature all-in approach in mind.

What you’ll do: 

• Partner with project managers and technology leaders to develop and maintain business cases, investment assumptions, expected benefits, and success measures
• Coordinate with Financial Liaisons, Finance, Procurement, project managers, and business stakeholders to ensure investment information is accurate and decision-ready
• Analyze costs and benefits, and strategic alignment to support technology investment prioritization
• Support project managers and cost center owners to manage project operating and capital expenses and provide monthly updates to Finance to ensure accurate depreciation forecasting
• Monitor approved investments for changes in scope, schedule, cost, risk, or expected value that require management attention
• Analyze technology initiative expenses for projects in the portfolio and partner with business enablement consultants, project managers and business teams to track and report on how technology investments are delivering expected business and operational outcomes
• Facilitate investment approvals, governance meetings, and executive reporting
• Develop portfolio financial metrics, standards, and reporting practices that improve consistency, transparency, and accountability
• Analyze IT expense trends and recommend opportunities to increase value, and align spending with strategic priorities
• Support annual technology portfolio budget planning and forecasting with investment data, prioritization analysis, delivery assumptions, and resource demand insights
• Always take action using Integrity, Caring, and Excellence to achieve all-win outcomes

What you’ll need:

• Bachelor's degree in Business, Information Systems, Finance, Economics, Data Analytics, Project Management, or a related field, or equivalent experience
• 6+ years of experience in technology portfolio management, investment analysis, business analysis, project financial management, or a related analytical discipline
• Experience evaluating and business cases, investment proposals, and project-portfolio financials
• Experience in guiding teams to manage operating and capital expenses effectively
• Strong analytical skills with the ability to turn technology portfolio financial data into actionable recommendations
• Ability to communicate complex information effectively to technology, business, and executive stakeholders
• Experience creating dashboards, reports, presentations, and decision-support materials using Microsoft and enterprise reporting tools
• Ability to work within established governance, internal control, and regulatory requirements
• Proficiency in Microsoft computer applications and enterprise planning, portfolio, procurement, or reporting platforms

Additional Preferred Skills:

• Experience with technology portfolio financial governance, investment prioritization, benefits realization, or value management in a large or regulated organization
• Knowledge of Technology Business Management (TBM), FinOps, IT portfolio management, Agile portfolio management, or related disciplines.
• Experience with Planview, Power BI, IBM Planning Analytics, Coupa, or similar enterprise platforms

Our Benefits:

At Frost, we care about your health, your family, and your future and strive to have our benefits reflect that. This includes:  

• Medical, dental, vision, long-term disability, and life insurance
• 401(k) matching
• Generous holiday and paid time off schedule
• Tuition reimbursement
• Extensive health and wellness programs, including our Employee Assistance Program
• Referral bonus program + more!

Since 1868, Frost has dedicated their expertise to provide exceptional banking, investment, and insurance services to businesses and individuals throughout Texas. Frost is one of the 50 largest U.S. banks by asset size and is a leader in banking customer satisfaction. At Frost, it’s about being part of something bigger. If this sounds like you, we encourage you to apply and see what’s possible at Frost.