Assistant Vice President - OTC Change Management

Position Purpose

This Role is to carry out gap analysis, governance and delivery. This is a new role. This is required for the team to serve the betterment of services to the clients.

Responsibilities

Direct Responsibilities

Responsible for the oversight and controls of the components of the change projects he/she has in charge. Implement the necessary governance to ensure the effective delivery and communication with business sponsors, as well as the necessary interfaces with other business and transversal stakeholders.

This will include building a delivery roadmap, monitoring the overall budget, and tracking progress against the roadmap in line with the project milestones.

Missions:

• Recognize, understand and analyse the needs of the Business line related to OTC Trade Management and OTC Regulatory Reporting , with the aim of enhancing the delivery with adequate and sustainable solutions, and in coherence with the strategic plan of the entity and the requests portfolio
• Guarantee that the final implementation is in line with requirements of Client or Operations Delivery or Business needs
• Be the main contact within the project or maintenance team and for the Business on functional dimension

Contributing Responsibilities

• Set up the governance structure and necessary interfaces to address issues and monitor risks
• Ensure all contributors are engaged appropriately. Identify accountabilities and ownership of all activities on the business critical path.
• Manage the consistency of the roadmap with the project milestones. Escalating any issues to the respective program sponsors.
• Envelope standard delivery practices to provide overall project controls
• Participate in the governance meeting within the business and transversal programs as agreed.
• Monitor the budgets in line with validated industrial plan and any approved change.
• Provide project deliverables on time and within budget.
• Maintain master logs, plans and expenditure vs baselines in order to track progress, delays and overruns.
• Manage the interdependencies between deliverables.
• Facilitate regular Steering Committees and implement related dashboard / reporting.
• Ensure service models are in place for post-migration.
• Contribute to maintain a governance blueprint for future large projects.
• Be ready to react quickly to any new items arising in the project or connected to it and develop the necessary contingency plans.

Candidate does the following activities:

• Understand and analyse the business needs in OTC Trade Management and OTC Regulatory Space

• Contribute to preliminary studies on issues/problems in conjunction with the OTC Derivatives Business line
• Quickly identify root cause of the problem related to OTC TMS Activity and OTC Reg Reporting Ac
• Participate, when applicable in the project calls, define problem and suggest solution
• Clarify, analyse with a critical and constructive point of view and when applicable challenge the needs formulated by the Business line, according to the strategic plan of the entity

• Make sure of the adequacy of the solution with exigencies resulting from the Business needs

• Formalize the needs and ensures validation with the Business line
• Define, formalize and ensure validation of the requirements associated with the needs in association with the stakeholders, in respect for the current practices in the entity
• Define testing strategy on the perimeter and ensure functional testing
• Assist user testing
• Contribute with the Business line to the change management and to the deployment for the final user

• Be the interlocutor within project and/or maintainability team and of the Business for functional aspects

• Share candidate expertise and knowledge and provide functional support
• Ensure the reporting according to the rules and practices defined for the perimeter
• Contribute to users community management

Technical & Behavioral Competencies

The candidate must be able to demonstrate the key competencies detailed below to the right standard to be considered for this role.

• Competencies required; 1 essential, 2 – desirable
• Ability to communicate well - 1
• Capacity for analysis - 1
• Ability to synthesize -1
• Client-oriented - 2
• Ability to work with others -1
• Capacity to negotiate - 2
• Learning ability -1

Specific Qualifications

• Knowledge on OTC Derivatives Products
• Knowledge on OTC Derivatives Trade Life Cycle Events
• Knowledge on OTC Regulatory Reporting (ASIC/MAS/EMIR)
• Knowledge on any OTC Trade capture applications like Summit/Murex/Calypso/Aladin etc.
• Knowledge of the methodology in project management
• Knowledge of the methods in process analysis, conception and tests
• Knowledge of the business allowing the analysis of needs
• Fluent English