Business Consultant – Regulatory Requirements recruitment
This internal business consultancy group was established as part of the overall improvements programme. As a dedicated internal consulting capability, it aims to shape and scope new business strategies and initiatives, ensuring an appropriate balanced portfolio of change projects and programmes.
Operating as the interface between the operations business unit and the rest of the organisation, this group acts as an independent consulting partner across the full strategic, process and technology change spectrum. Business Consultants work with stakeholders to deliver either self-contained pieces of business consulting to deliver against their strategic objectives, or shaping and scoping ideas to turn them into viable project propositions that can be subsequently implemented by the IS Division.
Responsibilities
• Work as part of a Business Unit-aligned consulting team to source, scope and deliver consulting engagements to the organisation
• In conjunction with the Business Consulting Partners, work to establish effective stakeholder relationships within a given Division at all levels
• Understand the business strategy, business drivers and strategic objectives of Divisional Directors and Heads of Department, and translate these into consulting engagements that help stakeholders deliver against their objectives
• Develop consulting proposals that set out the objectives, scope, approach, deliverables and timeline of a given consulting engagement
• Work as part of a consulting engagement to produce deliverables delivering tangible value for stakeholders, examples of which include: Strategic Vision; Governance Framework; Impact Assessment; Target Operating Model; Roadmap for Change
• Define pre-project concept documents for viable projects that are pragmatic and implementable, which establish the proposition for taking an idea onto the project portfolio and starting it up as a fully fledged project with supporting operational resource
• Contribute to successful hand-over to the Programme Management Group, maintaining oversight of project delivery beyond their move into Start Up
• Work collaboratively with other members of the team to establish and deliver against a sustainable pipeline of work
• Help to develop consulting collateral and knowledge capital for the Department
Essential Skills
• Consulting experience – preferably strategy consulting
• Financial services sector experience
• Understanding of operational implications of strategy
• Proven ability to partner with senior level stakeholders (Directors and Heads of), understanding and managing their expectations to deliver against objectives
• Problem solving and analytical skills
• Excellent communication skills; oral, written and presentational
• Experience of facilitating workshops and meetings
• Comfortable working to tight deadlines
Desirable skills
• Knowledge of Financial Services risk management and regulatory initiatives, i.e. Basel II, Solvency II
• Understanding of international regulatory developments
• Understanding of the policy development lifecycle