Our Client, A Global Investment Bank, is seeking a Managing Director for large Program Execution/Program Management. The successful candidate will lead large-scale, multi-year global technology implementations and be accountable for large cross-functional change programmes across the corporate systems group. You must manage a project budget of $20 –70 MM across the change/delivery portfolio.

PRIMARY RESPONSIBILITIES

Strategic Planning

• Sets up, executes and successfully delivers on the major initiatives
• Governance and Oversight, issues resolution and management of ambiguity at the Business level.
• Relationship Manager and collaborator with colleagues, clients and third parties.
• Guides/coaches Program Team and holds them accountable for people management and their team’s results.
• Manages the planning and structure of the department.
• Implements best practices and continuous improvement programs aligned across T&O.

Program and Project Planning & Execution

• Ensures the business systems being developed contribute to the strategic direction of the business stakeholders; enhances and supports the business processes, and adds value to the requesting Business Platforms or Functional Units in achieving their goals.
• Provides leadership and expert counsel in establishing and implementing standards, guidelines and best practices for developing and deploying solutions.
• Seeks out industry trends and organization knowledge to understand alternative approaches/solutions.
• Facilitates joint planning with the client in the early program/project formation stages.
• Thinks creatively about opportunities to align deliveries to maximize portfolio efficiency and strategic value.
• Facilitates schedule and cost forecasting and mentors program managers in determining risk-based provisions.
• Champions the creation of metrics and manages with a higher level of information, i.e. at the trends and management indicator level.
• Champion strong IT governance by creating a program decision framework; mentor program/project managers in its development and continuous improvement.
• Overall Governance & oversight of all projects and management documents.
• Resolves complex issues and conflicts (including architectural direction vs. project constraints); escalates to executive level where required.
• Resolves ambiguity
• Ensures program/project scope management is maintained (including the use of appropriate fact-based analytics)
• Promote innovative or improved methods to get the work done and champion and implement best practices.

Relationships & Communication:

• Establish and maintain strong business partnerships with sponsors and partners across the bank, both global and regional.
• Establish and maintain strategic partnership relationships with global counterparts, service providers, vendors, consultants and other T+O teams to deliver cost-effective solutions that underpin the successful realization of strategic priorities.
• Assist business unit and T&O centre with the prioritization of technology-based projects/programs - ensuring work plans and budgets are appropriately planned.
• Aggressively act as a change agent.

People Management/Leadership:

• Sets direction and vision for the team.
• Promotes a mindset for sustained success, growth and diversity.
• Builds management/leadership capability on the team, and manages performance, reward and recognition.
• Holds managers accountable for their work.
• Coaches and mentors managers.
• Establishes succession plan for key positions, including own.
• Selects and builds a high-performing, diverse team that leverages individual capabilities and strengths.
• Spearheads and guides people through changes.
• Develops self
• Develops operating plans, establishes priorities and documents staffing requirements for current and future years.

Preferred experience:

• 10+ Years experience in leading large-scale enterprise programs within a financial services environment.
• Recent experience implementing large-scale finance/capital markets and trading risk services programs.

KEY ORGANIZATION RELATIONSHIPS

• IT strategy and execution in direct support of Corporate Systems Functions
• Extensive interaction with Senior members of the Capital Markets, Finance Functions and T & O OC and their global teams in the definition of strategy and execution of the portfolio