Project Manager - Risk Transformation - Banking Domain

Role Purpose(overall high level summary of the role) :

- Global Risk Transformation Senior Project Managers plan, mobilise and direct projects of high complexity and scale from project definition to closure.They are responsible for the end to end planning and delivery of one or more projects proactively balancing scope, schedule, budget, risks, team, outcomes and benefits.

- Projects can be standalone or form part of a programme. The Senior Project Manageris responsible for deploying Risk-Based Project Management Business Transformation Framework(BTF) within their project. They work closely with the ProgrammeManager and Global Portfolio Management to ensure alignment of their project with the wider change portfolio and the Group Strategy, Values and Behaviours.

Operational Performance

- Produce a well-definedproject plan in Clarity, dictate the key milestones and assign responsibilities/resources

- Demonstrates effective financial skills to develop a detailed business case, including investments, detailed benefits and link to overall finances of the business.

- Develops and/or reviews estimates and estimating assumptions for the project's schedule, effort, and cost using establishedGlobal Risk Transformation estimating models, best practices, and past experience

- Mobilises the project team and allocates tasks and roles

- Provides timely reports on project status, risks and issues, evaluating project performance based on management information

- Manages and reports on the project budget, acting on any variance

- Manages and reports project risks, issues and dependencies

- Maintains project change control, ensuring any changes to baseline are managed through change request and all impacts are considered

- Promotes and takes accountability for project quality; identifies opportunities to improve delivery and oversees the governance process to reduce risk and ensure effective and timely decisions are taken

- Collaborates with stakeholders to define the project strategy and develops a roadmap ensuring all constraints of time/resources are met.

- Ensures project teams follow quality assurance processes and Risk Business transformation frameworks.Ensures governance processes and decisions are applied consistently, including:

- Engaging the project sponsor and stakeholders effectively

- Creation and running of effective Steering Committee, who make focused decisions, based upon accurate and timely status, performance reports. Using the committee as the first point of escalation.

- Seeks project quality assurance, acting on recommendations.

- Use Risk TransformationManagement Services team for standardised project metrics and reporting driven out of Clarity. Management by exception of budget and schedule variance. Ensuring accurate and responsible status reporting. Escalating, co-ordinating any mitigants or remedial action.

- Plans and executes regular tollgates in line with BTF.

- Direct the project approach, staffing, responsibilities, and schedule to drive maximum productivity

Target -

- Manage project costs to target

Measure - Budget variance from business case

Target - Effectively manage project schedule

Measure - Schedule variance : Days at completion v latest baseline

Target - Effectively manage operational risks and internal controls

Measure - Number of outstanding risks not mitigated to plan

Target - Manage project against Global Risk Transformation Project Management Framework

Measure - Number of outstanding actions from tollgate and QA reviews

Capability and People Development -

- Identifies and shares the resource requirements of the project, to the Programme Manager and/or Head of Resource Practice requesting the appropriate skill and/or experience

- Ensure effective and appropriate resource on the project team and forming an effective project team, with the right blend of skills and good working relationships

- Ensuring good project induction and orientation - i.e. the team understand the project context and content, the importance of stakeholder management and wider programme goals

- Defines high level responsibilities and objectives for members of their project team

- Provides regular constructive feedback and coaching to individuals to improve their performance and support their development and career progression. Hold 1:1 discussions at least once every fortnight.

- Acts as a role model to create and maintain a collaborative team environment which supports and encourages the professionalization and development of our teams

- Maintain a strong focus on people development and ensure project resources receive any necessary training and support, particularly on the Risk Business Transformation Frameworks.

- Outside of the project context, the Project Manager will have line responsibility for a pool of Project Managers, typically this will involve, functional management, performance management, resource management and professional development, by setting and agreeing objectives with the Line Manager and coaching as and when required

- Drive a performance management based culture to improve and drive efficiencies and performance including the effective management of underperformers

- Promotes the Group's Values and strategy by creating a positive work environment and promoting teamwork to drive engagement

Target - Engage our workforce to maximise contribution and commitment

Measure -

- Quarterly pulse survey Target

- Uplift Global Risk Transformation capability through skills and experience development

Measure -

- % of staff meeting minimum role standards by competency

Major Challenges (The challenges inherent in the role that require a continual test of the role holder's abilities)

- Defining the approach and dealing with complex requirements and unique projects - often one off initiatives

- Achieving benefits (cost reduction, revenue increase, strategic goals) set out in the business case

- Management of stakeholders and sponsors

- Working with multiple delivery and business partner teams

- Management and control of large and complex change projects

Knowledge -

- Excellent understanding of the project lifecycle

- Strong understanding of project management methodologies and best practice techniques

- Excellent knowledge of financial institutions, global markets, trading environments and traded risk

- Excellent knowledge of the different functions within a Traded Risk organisation

- Strong understanding of how change drives benefits for the bank, its customers and other stakeholders

- Ability to develop effective working relationships with stakeholders of different seniority, diverse cultures & geographical locations

Experience -

- Extensive project management skills and experience of managing large and complex global projects

- Good stakeholder management experience, especially impactful communication, influencing and running project governance Implementation, change management and benefits realisation

- Multiple strong examples of the delivery of on time and on budget projects that achieve business case stated outcomes - a driver with bias towards delivery at pace and controlling project outcomes

- Strong people manager and broad experience in managing global virtual teams of different cultures

- Worked in a banking environment and change projects in a Risk function

- Implementation, change management and benefits realisation

- Experience defining and documenting organisations & business process models

- Strong attention to detail and being solution oriented.

Capabilities -

- Planning and Plan Management

- Process Re-engineering

- Consultancy

- Business Case and Benefits Realisation

- Change and Implementation Management

- Risk and Issues Management

- Global Mindset

- Customer Empathy

- Decision Making

- Commerciality

- Lead Self and Others

- Business Analysis and Design

- Financial and Budget Management

- Tracking, Reporting and Governance

- Stakeholder Management

- Impactful communication

- Resource and Team Management

- Delivery at Pace

- Embracing change

- Achieving excellence

- Collaboration

- Problem solving and Critical Thinking

- Innovation and Idea Management

Qualificationsand Accreditations -

- Managing Successful Programmes (MSP) - Optional

- PMP certification and/or Prince2 Practitioner

- Any relevant local banking qualifications such as ACIB (Associate of the Chartered Institute of Bankers) - Optional