Project & Program Manager - Regulatory Change

Project Management jobs are accountable for successful delivery of assigned projects and ensuring benefits realisation. Projects may be standalone or part of a wider programme of activity and may be located in project teams as well as BAU teams.

Project Management jobs may have reports, these may be Business Analysts, Work stream leads, PMO staff or admin support staff. Project Management jobs may report to a Programme Managers or a Senior Project Manager or may report to a Business Manager.

The Project Manager is responsible for project delivery, managing budget & quality and achieving the outcomes defined with sponsors and stakeholders.The Project Manager will hold most or all of these responsibilities:

- Influence the project approach, building stakeholder buy-in around the project plan, commitments and changes.

- Drive project delivery proactively, balancing planning, scope, schedule, budget, communications and risks.

- Manage and plan resources, responsibilities and schedules. Ensure all dependent systems and processes are covered in the project plan and managed effectively.

- Establish effective project controls and procedures and quality assurance processes

- Manage relationships with internal and external stakeholders.

- Report progress, issues, dependencies and risks to project or programme leadership and committees as appropriate and make recommendations to influence decision making in order to maintain progress towards delivery and benefits realisation.

- Provide management to maintain a focus on how the project aligns to wider programme objectives, where appropriate, and to the change portfolio across HSBC

- Drive the adoption of HSBC project standards (BTF, Clarity, PPT) and work in alignment with HSBC project methodology at all times.

- Lead the team to meet performance targets aligned to objectives

Ensure retention and development of top talent within the GM Ops Central Change area

Future career paths may be in senior Project management roles, programme management roles as well as Business Support roles.

Specific to Regulatory Change, a Project Manager will need a broad understanding of the Investment Banking regulatory landscape and be able to focus on the delivery of GM Ops requirements within the designated regulatory-driven project. This may require the definition of current state processes and systems, the desired future state model which will provide compliance with the regulation, a gap analysis and description of the actions/activities needed to go from current to future state. The Project Manager will need to ensure that the project outcomes are defined in the BRD, signed off by all stakeholders, with dependencies (such as other IT application, Finance, Risk, Balance Sheet Management) outlined and committed.

A successful Project Manager will also be aligned with current practice around Risk within GM Ops and ensure solutions are not only technically achievable but also will not result in a reduced level of control or increased level of risk to the firm.

Typical regulatory initiatives in 2018 include:-

- MiFID II

- Financial Crime & Risk Management-

- Ring-Fenced Bank programme-

- Brexit