We are hiring an experienced
Project Manager to lead and manage projects for our
Banking client. In this role, you will be responsible for overseeing the entire project lifecycle-from initiation to closure-ensuring timely completion of activities and successful delivery of outputs.
As a key member of our
Client's Change Operations team, you will play a crucial role in driving change initiatives, ensuring they are delivered efficiently and governed in line with industry best practices and agreed methodologies. Your focus will be on achieving business objectives while maintaining compliance, optimizing processes, and ensuring measurable benefits realization.
Responsibilities: 1. Project Planning and Execution:
- Develop and maintain comprehensive project management artifacts, including project plans, terms of reference, RAID logs, and agile updates based on team insights.
- Collaborate with workstream leads and stakeholders to define detailed delivery plans aligned with the overall project vision, objectives, and design principles.
- Proactively track progress against key milestones, identify and manage risks, and escalate critical issues to ensure timely resolution.
- Maintain a detailed action log, ensuring timely follow-up and closure of assigned tasks.
2. Stakeholder Management and Communication:
- Build and maintain strong working relationships with the PMO, project team, and stakeholders at all levels of management to achieve project objectives.
- Foster cross-functional collaboration within the program to enhance coordination and alignment across interdependent workstreams.
- Prepare and deliver timely and informative project reports, including weekly status updates, BAG/Steering committee reports, and Portfolio Lead briefings.
3. Financial Management and Benefits Realization:
- Monitor and control project expenses, ensuring strict adherence to the approved budget. Prepare budget, Track invoices, approve expenditures, and identify opportunities for cost savings.
- Ensure the project delivers measurable business benefits post-implementation. Track key performance indicators (KPIs) and conduct post-implementation reviews to assess success and inform future projects.
4. Risk, Change, and Compliance:
- Continuously monitor project risks and implement effective mitigation strategies to minimize potential disruptions- Maintain comprehensive project documentation, ensuring proper archival for future reference and auditing purposes.
- Manage changes to project scope, schedule, or budget, ensuring proper assessment, approvals, and documentation updates in accordance with regulatory requirements.
5. Project Closure and Evaluation:
- Obtain formal acceptance of project deliverables from stakeholders.
- Document project outcomes, lessons learned, and recommendations for future projects in a final project report. Assess project team performance and provide constructive feedback.
Key Skills for a Banking Project Manager:
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Project Management Methodologies: Proficiency in methodologies such as Waterfall, Agile (Scrum, Kanban), and Hybrid approaches
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Financial Acumen: A strong understanding of financial principles, budgeting, and cost control.
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Communication: Excellent written and verbal communication skills to effectively communicate with stakeholders at all levels.
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Leadership: The ability to lead, motivate, and manage a team effectively.
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Problem-Solving: The ability to identify and resolve issues quickly and efficiently.
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Risk Management: The ability to identify, assess, and mitigate project risks.
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Stakeholder Management: The ability to build and maintain strong relationships with stakeholders.
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Technical Skills: A general understanding of banking technologies and systems.
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Regulatory Knowledge: Awareness of banking regulations and compliance requirements.
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Negotiation: Essential for dealing with vendors, internal departments, and resolving conflicts.
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Change Management: Crucial for managing the impact of changes on the project and the organization.
Job Qualifications
- Minimum of 3-5 years' experience in delivery of complex change projects through the full life cycle (from project initiation to closing), ideally in a Banking/ Financial Services.
- Experience managing a cohort of different projects (eg: Regulatory and Compliance Projects, Technology Upgrades and Implementations, New Product development projects, Process Improvement projects, Migration Projects) is desired.
- Degree qualification preferred with a relevant professional qualification in change/project management. (e.g. PMP, Prince2).
- Project Management Body of Knowledge PMBOK P3 Advanced
- Strong influencing skills to challenge/size business solutions and requirements with senior stakeholders.
- Excellent communication skills (verbal and written) with ability to understand a broad range of business and technical challenges, to translate strategy into measurable business benefits and to articulate key messages to senior stakeholders.
- Ability to work under pressure, to tight deadlines, and to manage competing demands effectively knowing when to escalate issues and when to deal with independently.
- Proven ability to lead and manage people, within own reporting line and across wider teams, to achieve required outcomes
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