Portfolio Manager in Newcastle upon Tyne

Portfolio Manager in Newcastle upon Tyne

Newcastle upon Tyne Full-Time 58540 - 71548 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead product strategy and manage innovative offshore technology portfolios.
  • Company: Baker Hughes, a global leader in energy technology.
  • Benefits: Competitive salary, medical care, life insurance, and work-life balance.
  • Other info: Collaborative culture with opportunities for career growth and global engagement.
  • Why this job: Shape the future of energy solutions while driving sustainability and innovation.
  • Qualifications: Bachelor’s degree and 5+ years in product management or related fields.

The predicted salary is between 58540 - 71548 £ per year.

Portfolio Manager

Are you passionate about product strategy, technology innovation, and business growth?

Would you like to lead portfolio management initiatives that shape the future of offshore solutions and technology investments?

Join our team

Baker Hughes is a global energy‑technology company operating in more than 120 countries.

We deliver innovative solutions that make energy safer, cleaner, and more efficient.

Our Flexible Pipe Systems (FPS) business provides advanced technologies and services that support offshore energy developments worldwide.

Through innovation, customer focus, and operational excellence, we help customers optimize performance while advancing sustainability objectives.

  • Partner with the best
  • As a

Portfolio Manager , you will be responsible for the offshore non‑Petrobras product portfolio, driving product strategy, lifecycle management, technology investments, and commercial success.

You will work closely with Commercial, Marketing, Finance, Engineering, Operations, and Supply Chain teams to maximize product value, strengthen market position, and support long‑term business growth.

You will be accountable for the overall health of the portfolio, including strategic planning, new product introductions, technology development, portfolio optimization, and market expansion activities.

As a Portfolio Manager, you will be responsible for

  • Portfolio Strategy & Business Growth
  • Developing and executing product portfolio strategies aligned with business growth objectives.
  • Supporting market share expansion and strengthening the competitive position of the FPS portfolio.
  • Conducting market assessments, customer analysis, and competitor evaluations to identify growth opportunities.
  • Defining product positioning, segmentation, and value propositions across target markets.
  • Planning short‑term and long‑term portfolio strategies based on market and technology trends.
  • Developing product roadmaps that balance profitability, customer needs, and technology advancement.
  • Product Lifecycle Management
  • Leading lifecycle management activities across existing and new products and services.

• Driving successful execution of

  • New Product Introduction (NPI)
  • Advanced Technology Development
  • Service portfolio enhancements
  • Productivity initiatives
  • Managing end‑of‑life strategies and execution for products and services.
  • Supporting commercialization of new technologies and solutions.
  • Commercial & Financial Performance
  • Managing portfolio budgets, timelines, and financial performance.
  • Developing business cases that demonstrate value and return on technology and product investments.
  • Supporting revenue growth through product optimization and portfolio expansion strategies.
  • Working with Commercial and Marketing teams to launch and promote products effectively.
  • Monitoring portfolio performance and recommending actions to improve business outcomes.
  • Cross‑Functional Leadership
  • Leading a portion of the FPS Product Management team and supporting talent development, engagement, and retention.
  • Collaborating with Sales, Commercial, Marketing, Engineering, Operations, Finance, and Supply Chain teams to support strategic objectives.
  • Providing technical and commercial guidance related to product applications, performance, and customer requirements.
  • Supporting alignment between business priorities, customer needs, and technology development initiatives.
  • Technology & Innovation
  • Assessing business technologies against market requirements and competitive positioning.
  • Supporting technology validation activities with customers and applicable regulatory bodies.
  • Leading NPI planning activities and coordinating successful market introduction.
  • Utilizing stage‑gate product development systems and corporate governance processes.
  • Identifying opportunities that support sustainability objectives and reduce environmental impact across the portfolio.
  • Industry Engagement
  • Representing Baker Hughes at customer meetings, industry forums, technical events, and professional organizations.
  • Building strong customer relationships and supporting strategic business opportunities.
  • Promoting Baker Hughes technologies, expertise, and innovation within the marketplace.
  • Fuel your passion

To be successful in this role, you will

  • Hold a Bachelor’s Degree in Engineering, Science, or a related discipline. (Equivalent professional experience may also be considered.)
  • Bring 5+ years of experience in Product Management, Sales, Operations, Technology, or Technical Support roles.
  • Demonstrate experience working with product portfolios and lifecycle management processes.
  • Have strong customer relationship and stakeholder‑management skills.
  • Possess strong business, commercial, and financial acumen.
  • Demonstrate the ability to develop and execute product strategies.
  • Have experience managing complex initiatives across cross‑functional teams.
  • Possess strong communication, presentation, and influencing skills.
  • Demonstrate analytical thinking and structured problem‑solving capabilities.
  • Be comfortable balancing strategic planning with operational execution.
  • Desired Characteristics
  • Strong understanding of product management principles and lifecycle portfolio management.
  • Experience supporting business development and market growth initiatives.
  • Proven project management experience.
  • Understanding of inventory management and variable cost productivity initiatives.
  • Familiarity with ISO, API, and other relevant industry standards.
  • Demonstrated ability to manage competing priorities while delivering measurable business results.
  • Experience contributing to sustainability and environmental improvement initiatives.
  • Work in a way that works for you

This is a full‑time leadership role requiring collaboration across global teams and customer organizations.

The role includes periodic travel to support customer engagement, business development, and portfolio management activities.

Travel Requirement

Approximately 10–20%.

Working with us

Our people are at the heart of everything we do at Baker Hughes.

We foster a culture of innovation, collaboration, and continuous learning.

We invest in developing our employees, empowering teams, and creating opportunities for long‑term career growth while delivering meaningful value for our customers and communities.

  • Working for you
  • We offer a competitive benefits package aligned with local market standards, including:
  • Work‑life balance and wellbeing programs
  • Comprehensive private medical care
  • Life insurance and disability coverage
  • Competitive financial programs
  • Additional voluntary or elective benefits

The Baker Hughes internal title for this role is: Product Management Staff Director - Functional Mgmt

About Us

We are an energy technology company that provides solutions to energy and industrial customers worldwide.

Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet.

Join Us

Are you seeking an opportunity to make a real difference in a company that values innovation and progress?

Join us and become part of a team of people who will challenge and inspire you!

Let’s come together and take energy forward.

Baker Hughes Company is an Equal Opportunity Employer.

Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

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Portfolio Manager in Newcastle upon Tyne employer: Baker Hughes Gruppe

Baker Hughes is an exceptional employer, offering a dynamic work culture that prioritises safety and innovation in the energy sector. With extensive travel opportunities and the chance to work alongside multidisciplinary teams, employees are empowered to grow their skills and advance their careers while making a meaningful impact on global projects. The company's commitment to employee development and collaboration makes it an attractive place for those seeking rewarding and challenging roles in engineering.

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Contact Details:

Baker Hughes Gruppe Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Portfolio Manager in Newcastle upon Tyne

Tip Number 1: Get Involved in Consulting Case Competitions

Look for case competitions hosted by universities and consulting firms. They’re a fab way to showcase your problem-solving skills and meet industry players. Plus, winning one can seriously boost your CV, which we know is key when applying for roles like Portfolio Manager at Baker Hughes Gruppe!

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Engage with online platforms that offer consulting simulations or courses. Prove your chops by completing relevant projects — this not only beefs up your experience but also gives you concrete examples to chat about during interviews for that full-time Portfolio Manager role at Baker Hughes Gruppe!

We think you need these skills to ace Portfolio Manager in Newcastle upon Tyne

Product Strategy Development
Lifecycle Management
Market Assessment
Customer Analysis
Competitor Evaluation
Financial Acumen
Cross-Functional Collaboration

Some tips for your application 🫡

Show Your Problem-Solving Skills:In management consulting, it's all about problem-solving—so make sure your CV highlights your analytical and critical thinking skills. Include examples from your studies or previous roles where you tackled complex issues or came up with innovative solutions. Quantify your achievements whenever possible to demonstrate your impact!

Tailor Your Cover Letter:Your cover letter is your chance to explain why you're a perfect fit for the consulting world. Focus on your motivation for joining the industry and how your skills align with the requirements of the role at Baker Hughes Gruppe. Remember to mention any relevant coursework or projects that showcase your understanding of strategic frameworks or business models!

Highlight Team Experience:Consultants often work in teams, so it's vital to showcase your collaborative skills. Include experiences where you've worked effectively with others, whether in academic group projects or internships. Discuss your role in the team and how you helped achieve common goals, demonstrating you can thrive in a consultancy environment.

Professionalise Your Online Presence:Make sure your LinkedIn and any other professional profiles are up to date, reflecting your career aspirations in management consulting. Connect with industry professionals and follow relevant groups—show you’re serious about entering this field. Applying through our website is a great way to get noticed, so showcase your personality and enthusiasm there!

How to prepare for a job interview at Baker Hughes Gruppe

Master the Case Study Game

In management consulting, case study interviews are all the rage. Make sure to practice structuring your thoughts and analysing data on the fly. Use resources like example case studies to get comfortable with frameworks and solutions. Remember, it’s not just about getting the right answer but showcasing your thought process, so talk us through your reasoning!

Know Your Numbers

Be prepared for some numerical and analytical questions. Brush up on your mental math and be ready to interpret data from charts or graphs. We might throw some business scenarios at you that require a quick turnaround on numerical analysis, so practice these skills to feel confident and swift!

Show Your Leadership Flair

As this is a full-time role, we want to see your potential as a seasoned consultant. Be ready to discuss experiences where you've led a project or a team. Think about times you've influenced decisions or navigated challenges—this is your chance to show how you can thrive in a fast-paced, collaborative environment.

Be a Cultural Fit

We’re not just looking for brains; we want to see if you vibe with our company culture at Baker Hughes Gruppe. Prepare to share how your values align with ours. Have a think about what makes a great team environment for you and how you can contribute to that. A good cultural fit goes a long way in management consulting!