Job Title: Senior PMO- London- Investment Banking
Job Type: Contract/Interim
Location: London
Deadline: 6th Sept 2013
Start Date: ASAP
Salary: Competitive
Ref No: 139685-LB3184
Essential Consulting - Senior PMO
Large Costs Programme - Investment Banking - London
This role sits within the Investment Banking arm of one of the big banks in London.
This role forms part of a large Costs Programme which is aiming to significantly reduce the cost base over a 2 year period through a range of F2B initiatives. In addition to driving out F2B efficiencies the Programme will fix the underlying cost infrastructure by defining Front Office business plans & initiatives in terms of Back Office work & cost drivers, improving F2B transparency (Allocations & TCO model) & improving cost management capabilities for cost categories.
The role will sit within a central Programme Team, focussing on mobilising and embedding the programme governance infrastructure and will report to the central team lead.
Role specific responsibilities:
* Ownership of a single initiative delivery plan spanning circa 11 initiatives:
o Application Rationalisation
IT Infrastructure
o Contra Revenue
o Rightshoring
o LEAN
o TMG
o Outsourcing
o CTB Investment
o Cost Category Management
o Property Footprint
o Outsourcing / JV's
* Define a PMO governance structure & associated deliverables. Ensure that the governance framework maps to a wider set of forums.
* Develop a comprehensive executive reporting pack to feed a Costs Control Board, Costs Working Group & individual delivery leads meetings. Ensure messaging and content of packs are fit for purpose and reflect the seniority of the audience for the respective forums.
* Develop an operational metrics dashboard for the programme by agreeing a set of baseline metrics to track for each initiative. Define a process for refreshing a view of these metrics on a monthly basis to ensure the correct trajectory to targets is being delivered. Where applicable work with initiative leads to apply McKinsey sourced benchmarks to each initiative & function.
* Act as the PMO interface into Finance, working with a Finance PMO to tracking programme benefits and ensure they are accurately reported for the appropriate governance forums.
* Act as the programme methodology guardian ensuring that the Programmes best practice is being adopted across the initiatives and specific deliverables are being produced to the quality expected of the programme manager.
* Develop and maintain the Costs sharepoint site. Communicate user guidelines to initiative leads and wider programme stakeholders. Act as the records management custodian for the site.
* Management of the change control process for the programme ensuring that all delivery changes against a 2013 baseline are identified, impact assessed and tracked. Support the facilitation of the programme change control forum on a monthly basis.
* Define & own a programme wide RAID, ensuring risks & issues are defined and supporting mitigation & action plans are put in place.
* Work with the Programme Manager to document a RACI. Once complete ensure engagement meetings are in place.
* Develop materials for business area 1:1 meetings to drive out progress against cost targets, work with initiative leads to resolve delivery related risks and issues and agree inputs for governance reporting.
* Ownership of a single Enablement team delivery plan ensuring delivery to time & quality in addition to facilitation of weekly team meetings / status reporting.
* Ownership & tracking of programme business outcomes and reporting to range of internal governance forums.
* Work with initiative leads / business areas to ensure delivery plans are aligned, dependencies mapped and transparency related to initiative delivery is visible.
Management of the Costs shared drive folders ensuring folder structure is accurate and contains the required deliverables.
Essential Skills - General PMO skills
* Extensive experience of working within a PMO type role within an investment bank that liaises across a large number of projects.
* Excellent stakeholder management skills; liaising and reporting into key stakeholders.
* Thorough understanding of the project life-cycle and tools /techniques/standards within each phase.
* Preparation of senior management MI packs.
* Ability to facilitate/chair status meetings.
* Familiar with industry standard project management concepts (Prince2).
Technology skills
* Advanced Excel Analytical skills - pivots, formulas
* Strong MS Project skills - Gantt, resourcing, planning, scheduling
Strong Word and Powerpoint skills
Business knowledge
* Understanding of Investment banking industry
* Exposure to Cost reduction programmes / projects
Strong team player and relationship builder
Apply now
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