Libor Transition – Global Markets Trade Project Manager/Business Analyst

Consultant
New York City
Posted 2 months ago

Libor Transition – Project Manager/Business Analyst Hybrid

Balance Sheet Management Lead

 

The resource will be engaged as a PM/BA hybrid working on the company’s LIBOR Transition program within Global Markets (GM) & Balance Sheet Management (BSM).  He/She will be report to the GBM Libor Transition – Americas Project Manager and coordinate efforts with  to work with the Lines of Business PMs and Stakeholders to help ensure a successful transition from U.S. dollar (USD) LIBOR to a more robust reference rate, its recommended alternative, the Secured Overnight Financing Rate (SOFR).

The responsibilities will include:

  • Running regional BSM Working Group
  • Interfacing with business, control function and IT stakeholders.
  • Effective communication with other related workstreams (regional and global) to ensure information flows from and to these groups to ensure alignment and proer consideration.
  • Creation and management/tracking of the Americas plans and corresponding dependencies, RAID, and Working Group / Steering Committee Pack preperations.
  • Support and help with analysis requests as needed.

 

Technical/ Business Knowledge & Skills:

  • Knoweldge of front-to-back Interest Rate related trade processing and risk management
  • Knowledge of Balance Sheet Management & Asset Liquidity Management processes and services.
  • Knowledge of industry shift away from LIBOR and the effects to impacted products and services a plus
  • Previous project management lead experience (at least 5+ person teams) in a tier 1 financial institutions
  • Change Management experience is a must (specifically within a large-scale regulatory / change initiative)
  • Must be able to engage the business, interact with senior stakeholders, participate in / facilitate meetings with senior stakeholders, gather requirements, manage project plans
  • Ability to analyze and assess various data points on product exposures, contract inventory, model inventory, conduct risks, etc. and provide meaningful actions to move forward with, mitigating any observed risk.
  • Ability to successfully navigate / operate in a high pressure environment
  • Competency/experience with Microsoft tools, particularly Project, Excel, Power Point, and Word

 

Impact on the Business

  • Responsibility for defining current and future state Operating Models for the Transition
  • Supporting the definition of high-level requirements to satisfy business needs
  • Responsibility for documenting detailed requirements for associated technical solutions to address the Operating Model optimization
  • Responsibility for planning the solution delivery and managing dependencies
  • Identify and remove barriers to project success.  Always acts in the firm’s best interests and willing to openly discuss potentially difficult topics
  • Responsibility for standardizing requirements cross product/LOB and across regional hubs, where possible, to ensure that the alignment to an overarching strategic approach and avoidance of duplication
  • Work closely with related Portfolio or Group teams to ensure alignment of the project with the wider change portfolio strategy.
  • Creation of and/or ability to understand end-to-end process maps supporting requirements

 

Job Features

Job CategoryBanking, Finance, Information Technology, Project Management, Technology

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