Head of Regulatory Change Programmes recruitment

A new change director position has been created in the Group Finance Change team to  accommodate and service the change initiatives driven by a combination of external regulatory changes and internal strategic business initiatives. The role is based at the impressive Canary wharf headquarters in London.
Successful candidate must have an excellent understanding and grasp of Regulatory reporting requirements for banks. This will include knowledge of current UK prudential regime (capital liquidity)  ICAAP, Piller 11, Basel 11 III, CRD4 , Co Rep and other FSA reporting requirements. Demonstrate experience of managing and delivering large scale Group change programmes and ability to lead on multiple programmes.

Regulatory Systems - 75%
Team Leadership and Management - 20%
Budgeting and Reporting - 5%

Candidate will be responsible for day to day management, co-ordination and delivery of Basel III, CRDIV and CoRep implementation projects including the delivery of a new Group Regulatory Reporting System. The Group change team is  responsible for delivery of these programmes through the Group and various business unit project teams and is also responsible for:
• Understanding and defining the internal and external regulatory change requirements
• Providing the appropriate framework and guidance for the business unit teams
• Ensure all programmes are correctly set up with appropriate ownership, governance and organisation struction to deliver the required changes to a high standard, on time and  to budget
• Ensuring all risks and issues are identified and addressed  promptly  and if necessary escalated on a timely basis
• Ensuring the  various steering committee’s as well as the Accountable Executives  have complete oversight on the programme progress and good understanding of   all the risks and issues
• Ensuring all Steering committee papers and communications to stakeholders are prepared to a high standard on a timely basis
• Managing project resources, including providing line management for members of the change team
• Management and Reporting of programme costs on timely basis.

OTHER MAIN RESPONSIBILITIES:
? Represent Group Financial across the various teams in delivering change initiatives
? Define requirements working with the end users, communicate these requirements to the business and IT and assist in ensuring these requirements are successfully implemented
? Contributing to the project initiation stage, when the project is defined, scoped, planned, and the business case is developed and agreed with business users
? Project management and support. Driving on time achievement of workstreams and support of the line resource
? Assessment of control process and Implementation of best practice models
? Identifying efficiency and improvement initiatives – restructure existing processes working with the BAU teams
? Design and implementation of Finance's Target Operating Model for regulatory reporting and Front to Back Integration

It is essential for the candidate to be resourceful with good influencing skills and and strong leadership skills to deliver the change initiatives through various change teams across the businesses.
The role will provide the successful candidate with a good overview of the various Finance and Risk functions, products and systems architecture and provide opportunities to move into a business role in the future.

If you are looking for a development role that will create the platform to step up to a future Head of Regulatory or Finance leadership position this position provides an excellent place to prepare for that goal.

WHAT YOU MUST HAVE:

Successful candidates will be highly capable and confident individuals with excellent communication and stakeholder management skills.  Individuals must be highly motivated, delivery focused and able to coordinate or influence multiple activities across various disciplines within a bank.

Essential

• Experience of delivering  large scale transformation programmes in banking or  financial organisation
• working knowledge of Basel II , CRDIII ,Pillar 3 reporting and FSA Reporting requirements
• Understanding and experience of managing  regulatory reporting responsibilities of the Risk/Finance and Treasury departments of a major International Bank
• Ability to execute quickly and effectively – strong influencing skills and ability to get things done in a complex matrix organisational structure
• Ability to perform risk assessment of control issues and exercise judgement over escalation
• Confidence and gravitas  – ability to deal with multiple stakeholders in different clusters, some of a more senior level to the candidate
• Proven track record of providing strong leadership and direction
• Excellent communication and interpersonal skills
• A team player
• Excellent PC skills, including Excel, PowerPoint and Word
• MS Project and Visio skills

It is also essential that the candidate has a proactive flexible and a hands on approach to work, as a pre-requisite for working effectively as part of Finance and Change team. They must be prepared to turn their hand to lead other initiatives if needed, while ensuring that the core Change responsibilities are maintained.

Preferred
• Accredited in Programme and Project management (e.g. MSP)
• Big Four qualified ACA or CIMA with 5 years PQE minimum experience
• Strong systems experience including knowledge of large GL packages such as SAP Hyperion
• Good SOX, Financial Control and GL Control experience
• Good understanding of End2End Control Processes, strong systems knowledge and interface controls