REPO Trading Project Manager

A Leading Financial Services business are looking to hire an experienced Project Manager, with specific knowledge and background within the Repo Trading space.

  • £750 - £825 per day (Inside IR35/Umbrella or PAYE only)
  • The role is an initial 6 month contract with scope to roll into a couple of years
  • The role is a Hybrid working (2 days a week in the office, 3 from home)
  • Based in London

Profile Summary

  • To provide project management on key IT investment projects and work streams, specifically to move the initial booking of Repo/Reverse Repo trades and utilise existing process feed to downstream systems.
  • A new process of enabling Repo Margin exchange as cash-only collateral will be introduced via booking a Cash Pledge trade.
  • Enabling margin exchange will include updating the existing SFTR reporting, supporting the removal of current trading limitations (haircut pricing, no margin exchange, short dated trades), and pave the way for further product expansion later on (envisaged as Phase 2)

Qualifications, Skills and Experience

General

  • Relevant Project management qualification (APM, PMP etc)
  • Good understanding of project management methodologies including agile (Scrum and Kanban ceremonies)
  • In depth knowledge of all areas of IT
  • Understanding of financial market products
  • Customer focused with a service delivery mentality
  • Excellent organisational and time management skills
  • Excellent communication skills
  • Proven track record of driving change
  • Strong decision making skills
  • Proven ability to work in high pressured environments.
  • Excellent problem solving skills
  • Coach, mentor and develop junior members of the IT Project Management team

Specific

  • Detailed knowledge and experience of REPO trading and lifecycle events (Required)
  • Knowledge and experience of end-to-end REPO business processing (MO & BO) (Desirable)
  • Exposure to SFTR reporting (Desirable)
  • Knowledge and experience of Anvil & Murex (Desirable)
  • Good working experience using JIRA for agile project delivery including burndown and metric report usage (Desirable)

Duties and Responsibilities

  • Overall programme/project management of all assigned IT programmes/projects including without limitation preparation of the project initiation document (PID), project plan (Gantt chart), project organisation chart, project budget application and system release documentation
  • Responsible for delivering strategic objectives across business lines via projects and programmes
  • Ensure projects are delivered against the project plan and all milestones are met
  • Managing changes and ensuring appropriate documentation is available (PID, BRD,FRDs etc)
  • Deployment and release coordination
  • Build and maintain strong relationships with key stakeholders in front, middle and back office.
  • Set up Steering Committees and cross functional governance structures
  • Monthly preparation and reporting to Project Steering Committee, where applicable
  • Preparation of IT Strategy Committee or C-Suite level documentation where required for the project
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