The role is within the Statutory & Regulatory Change team which is part of the wider Finance Change Department. The Finance Change Department supports the investment banking business as well as providing reporting to Group and meeting external Statutory and Regulatory reporting requirements.

The Finance Change team has responsibility for the delivery of several high profile change initiatives that span front to back and cross-functional programmes of work on behalf of Finance and the wider Investment Banking business. The Statutory & Regulatory Change team has a mix of Project Managers, Project lead analysts, business analysts, and subject matter experts. The team works closely with all relevant areas including Operations, Front Office, Technology, Risk and Group in order to achieve project delivery.

The programme focus now is on the completion of the integration piece of work and making wholesale improvements to the firms regulatory reporting infrastructure.

Comprising of several projects that will run in parallel throughout 2009 / 10, the Programme will deliver all necessary change to systems, resource, process and data required to support global and local regulatory reporting; as well as all internal Capital MI produced for the Front Office, Board, Group and other stakeholders.

There are two constituent parts of the programme:

1.Enhancements to the existing bank model over two years to:
a.Reduce the month-end close from WD 17 to WD 10
b.Enhanced MI to better support the business
c.Improve the frequency of RWA production

2.Delivery of the Regulatory Programme by June 2010 organised into the following workstreams:
a.Capital Management
b.Business Readiness
c.Operational Readiness
d.Infrastructure Readiness
e.Compliance

The role will include full project lifecycle management and successful candidates will be required to have:

Qualified accountant or qualified by experience
Ability to direct and undertake structured business analysis and design
Ability to write concise business and functional specification and requirements
An understanding of front to back and accounting and risk environments
An understanding of the Financial Markets business
Proven track record in the deliver of large scale change initiatives within an Investment Bank
Excellent understanding of accounting environments
Excellent project communication skills
Flexible approach as the circumstances change in this highly paced environment
An appreciation of how to account for products in financial disclosures
An understanding of Basel II and FSA and Regulatory Reporting Requirements
Experienced in UAT planning and management
Experience in the development of operating models
Microsoft Office applications, including Visio and MS Project

Additionally the successful applicant will:
Be able to plan and prioritise their own workload and where relevant, that of team members’, efficiently and effectively.
Demonstrate good initiative, energy and vision.
Able to identify system and control problems and deal with complex technical and system issues.
Able to be creative in problem and issue resolution.
Excellent interpersonal skills and able to communicate effectively at different levels within the organisation.
Strong team player.
The ability to plan and prioritise work efficiently and effectively to tight deadlines
A strong personal presence at meetings and gravitas to communicate at all levels of management
A strong communicator with a willingness to engage / share information with others for the team and wider bank benefit
A natural enthusiasm for making a positive difference through a team effort
Demonstrate good initiative, energy and vision

* It will not be possible to respond to all unsuccessful applicants due to the high volume of applications expected for this role.