Vice President / Assistant Vice President (Business Transfomation)

Job Description

The Business Transformation Team is at the heart of reshaping the Asset Management business to meet the demands of a dynamic and competitive landscape. Responsible for driving transformational change across the organisation, this team is focused on helping to enable scalable growth, operational excellence, Operating model and market leading client experience. As a AVP-Transformation, you will play a crucial role in enhancing elements of the operating model within the Asset Management business and drive functional & cross-functional change to delivers on our strategic objectives. This role will initially focus on supporting the build of Asset Management capabilities to our India 2.0 ambition which covers teams supporting trade lifecycle, client lifecycle & Investment life cycle for both Public & Private markets. This role is a heavy hands-on role involved in planning, scoping & executing all business transitions across asset management, perform detailed activity analysis, building templates to capture business data, collaborate with business teams to gather factual data for deeper analysis and also support in strengthen existing capabilities by implementing scalable operating models, driving efficiencies. Joining this team means stepping into a role where you will make a tangible impact. Responsibilities Hands-on responsibility to run projects on a day to day basis. Lead & drive projects to deliver on our India 2.0 ambition, with a focus on strengthening our existing capabilities & build new capabilities. Support in building capabilities both by breadth & depth, identify & transformational opportunities to simplify our operating model & also globalize process to support all regions (UK, Europe, APAC & US). Plan, Manage, lead & control End to End transition of business processes by adhering to minimum standards and guidelines. In partnership with Functional Leaders and all stakeholders. Build controls & test controls to ensure all transitions are successful and report back to governance team. Perform in-depth activity analysis for identified capabilities, document value streams, build high level process maps, KT Plan, Training plan & tracker, SOP’s, KPI’s, FMEA, etc. Responsible for all allocated business transitions till go-live and handhold to BAU Use strong problem-solving skills to address challenges across multiple functions, often navigating unclear scenarios to drive practical, strategic solutions. Collaborate with cross functional business teams and Technology to shape and deliver initiatives, ensuring cohesive execution across departments. Build positive relationships with business stakeholders within the organisation. Challenge the status quo, thinking differently and expressing new ideas. Key Responsibilities: Hands-on responsibility to run projects on a day to day basis. Lead & drive projects to deliver on our India 2.0 ambition, with a focus on strengthening our existing capabilities & build new capabilities. Support in building capabilities both by breadth & depth, identify & transformational opportunities to simplify our operating model & also globalize process to support all regions (UK, Europe, APAC & US). Plan, Manage, lead & control End to End transition of business processes by adhering to minimum standards and guidelines. In partnership with Functional Leaders and all stakeholders. Build controls & test controls to ensure all transitions are successful and report back to governance team. Perform in-depth activity analysis for identified capabilities, document value streams, build high level process maps, KT Plan, Training plan & tracker, SOP’s, KPI’s, FMEA, etc. Responsible for all allocated business transitions till go-live and handhold to BAU Use strong problem-solving skills to address challenges across multiple functions, often navigating unclear scenarios to drive practical, strategic solutions. Collaborate with cross functional business teams and Technology to shape and deliver initiatives, ensuring cohesive execution across departments. Build positive relationships with business stakeholders within the organisation. Challenge the status quo, thinking differently and expressing new ideas. Key Responsibilities in Allocated Projects Requirements Gathering : Engage with stakeholders to understand business needs, specify requirements, and document these in a clear and comprehensive manner. Conduct workshops, interviews, surveys, and observation sessions to elicit detailed information. Analysis and Documentation : Analyse business processes to identify to offshore, automate, eliminate, inefficiencies and recommend solutions. Develop functional and technical specifications, ensuring they align with business requirements. Create and maintain documentation including process maps, workflow diagrams, system requirement, effort analysis, skill needs, licence, market data, etc.. Solution Design : Evaluate potential solutions and recommend the most effective approach by documenting As-is & To-Be operating models Detailed effort analysis, transition plan & approach, timelines, etc. Collaborate with business teams to create training materials, approach, plan etc. Identify risks & propose mitigation plan Change Management : Assist in change management efforts by ensuring stakeholders are informed and prepared for changes. Transformation Project Management: Lead end-to-end medium to highly complex Asset management projects, including identifying key subject matter experts, cross functional stakeholders, deep understanding of business cases, build project objectives, charter, workstreams, scope, resources, dependencies, weekly delivery schedules, execution plan, risk logs, critical path, escalation metrics, management information, project meetings & any other project artifacts. Develop and maintain high-quality project plans with built-in risk mitigation strategies, ensuring responsibilities are assigned to project resources on daily/weekly basis. Building in-house frameworks for In-depth activity analysis, effort analysis, control environment, skill analysis, ideation, communication, team building, process excellence, knowledge management, escalation management, etc. Conduct regular lessons learned sessions during the project lifecycle and incorporate learnings for future projects. Build Knowledge bank & run books for future use. Adhere to governance standards, including Project Change Standard and guidelines, maintaining accurate RACI and RAID logs and other project records. Produce timely management information and ensure completion and sign-off of mandatory documentation, project artifacts for audit & control (e.g., business case, requirement documents/user stories, stage gates, test plans, change requests, closure documents) at appropriate stages. Build Summary MI to Monitor and report progress to stakeholders. Independently identify and manage issues, risks, and dependencies, making recommendations for mitigation and escalating as necessary to maintain project progress. Manage relationships with required teams (e.g., Technology, external suppliers, and other business functions) to achieve timely delivery. Key Accountabilities: Accountable for delivering projects with quality & timeliness, providing expert advice or services, utilizing specialist knowledge and subject matter expertise. Provide solutions for challenges to overcome Identify and anticipate the need for changes to continuously enhance the quality and efficiency of output. Experience: · Minimum of 8+ years of management experience out of which 5+ years specifically in leading transformation & change projects preferably in asset management industry (buy side) or capital markets. · Demonstrable track record of end to end delivery of projects including transition management · Experience of managing business transformation projects, working with both internal and external stakeholders within business function. · Working effectively with stakeholders at different levels including executive, global leaders, Investment teams and external parties. Qualifications Educational Qualification: Graduate in any discipline, preferably in Finance or management PMP, Six Sigma, CI, Lean, Business Transformations, Agile certification is an added advantage Show more Show less