Job Description
Project Manager with Specific Experience in Payments, Clearing and Settlement (PCS) Resolution Planning and Derivatives and/or Collateral Resolution Planning
Knowledge & Experience
" Extensive knowledge and experience in the Financial Services practice. Experience supporting top tier Global Investment Banks.
" Experienced in the development of Resolution capabilities and in the enhancement of resolution requirements across Payments, Clearing and Settlement (PCS) following regulatory feedback.
" Experience in Derivatives and/or Collateral Resolution Planning
" Understanding of the Federal Deposit Insurance Corporation (FDIC) Title 1 (165d) and Insured Depository Institution (IDI) Rule requirements to identify potential gaps and limitations.
" Knowledge of playbooks for material Financial Market Utility (FMU) memberships.
" Project Manager Experience supporting Resolution Planning Initiatives. Experienced PMO (all Strategic PMO functions: tracking open action items and milestones, meetings, minutes, etc).
" Knowledge and Experience in Transformation Projects, Risk Reduction, Process Improvement-Optimization, Change Initiatives and Regulatory Compliance.
" Experience in drafting playbooks in response to Recovery and Resolution Planning Requirements/ resolution scenarios.
" Experience in designing end-to-end business process maps including key controls.
" Good understanding of what is a control vs process, knows what a good control looks like
" Have conducted gap analysis of control environment for regulatory compliance
" Able to provide opinion/ SME advice for interpretation of rules based on facts
" Extreme attention to detail, careful documentation, presenting to senior stakeholders
Responsibilities:
Work with Major Global Bank Project Managers in the following responsibilities:
" PCS current state assessments, identification of gaps, operating model, governance framework, and testing plan.
" Support in the generation of PCS Project Plan and its socialization/presentation to Stakeholders to obtain and incorporate feedback. SME advice on the PCS Assessment Results.
" Review of playbooks for material Financial Market Utility membership.
" Documentation of identified gaps and limitations with the FMU Playbooks.
" Analyzing resolution plans data and summarizing results into user-friendly views.
" Conduction of gap analysis and coordination with lines of business to remediate critical gaps. Interactions between business units.
" Support in generation and documentation of PCS target operating model and enhanced governance framework.
" Identification of potential areas with opportunities for streamlining ownership and governance.
" Support with documentation of a testing plan for PCS capabilities.
" Definition with stakeholders a proposed set of periodic capability test and work in development of a FMU capability testing plan.
" Provide recommendations for enhancement with prioritization and estimated timelines, based on lessons learned through the pilot testing.
" Generation of PCS training and transition materials. Produce closure documents and artifacts.
" Experienced Project Manager Strategic PMO functions as tracking open action items and milestones, summarizing, formally documenting, and distributing meeting minutes to stakeholders and coordinating meetings.
Qualifications & skills:
" C14 equivalent
" Bachelor's/University degree or equivalent experience, potentially Master's degree
" 10 years plus Financial Services /Banking Experience
" Excellent communication skills required in order to negotiate internally, often at a senior level.
" Strong understanding of Risk Management structures and roles and responsibilities across 3 LoD and Client's Risk and Control environment is a strong plus
" Demonstrated analytical skills with follow-up and problem-solving capability
" Ability to analyze a process and recommend ways to improve quality, controls, and efficiency.
170991
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