Job Summary

The CIB Strategic Regulatory Initiatives Team sits within the COO office for the Corporate & Investment Banking (CIB) business.

The team provides CIB with capabilities to drive regulatory and risk programmes and initiatives across CIB businesses, working in an agile operating model with each segment and product area.  Due to the nature of these programmes and initiatives, the team support not only the CIB Business but more broadly collaborate and engage across other divisions in the Bank to ensure delivery of pan-bank regulatory and risk initiatives, especially where the majority of work or accountability sits within CIB.

Such regulatory and risk programmes and initiatives may include for example:

• Complex/Large-scale Regulatory Change (LSRC)
• Material Policy changes
• Internally-driven programs supporting the management of regulatory interactions and change (for example, how we engage our regulators and track resulting regulatory actions and commitments)
• Topical strategic risks
• Strategic change within CIB Conduct & Control, Resilience and Fraud

The team enables the business to proactively impact assess new programmes and initiatives, coordinate the approach and interpretation across businesses; support the delivery and partner with the business teams to implement requirements in a consistent and coordinated manner. 

The role will primarily direct the delivery of CIB and/or pan-bank foundational regulatory and risk programmes with responsibility for establishing and coordinating underlying workstreams, along with change management insights/capability.  

The role may take responsibility for active and inflight programmes, including (but not limited to) the following: 

• Regulatory Engagements/Commitments – foundational regulatory programme to the Bank’s approach to bilateral Regulatory Engagements, Actions and Commitments – delivering a more consistent, pan-Bank operating model, supporting tool(s), appropriate metrics/insights and alignment in policies/ standards
• Controls/Control Metrics Simplification – risk remediation programme to revamp and optimize the Control and Control Sample Testing landscape existing in CIB 

Key Responsibilities

• Co-ordinate and lead CIB and/or pan-Bank programmes, inclusive of creating a compelling vision, and aligning with strategic objectives
• Lead programme delivery, including planning, analysis, solutioning, and coordination of inputs from stakeholders 
• Create and deliver programme governance structures that will support programme implementation, including as needed through structuring and oversight of workstreams and/or underlying projects
• Manage workstream deliveries across various stakeholder groups, drive the regulatory team or risk agenda 
• Maintain ongoing governance forums to support the programme activities, including the preparation of reporting, presentations and chairing of meetings
• Represent and partner with the 1LOD to support programme implementation - collaborate with CIB business and change teams to achieve common interpretation, understand business-specific impacts and identify any conflicts or concerns
• Work closely with 2LOD stakeholders across Principal Risk Types providing regulatory interpretation and impact assessments as needed 
• Manage programme implementation and delivery risks, issues and dependencies, ensuring mitigation planning and appropriate escalation when needed
• Work with technical delivery teams to support requirement interpretation and implementation where required 
• Work with technology and architecture teams to ensure programme goals and deliveries are aligned with wider Bank technology strategy 
• Manage resource requirements and ensure resource allocation to programme activities
• Collaborate with cross-functional teams to analyze and optimize associated business processes as required, driving improvements in efficiency and effectiveness where applicable
• Drive change management activities to ensure regulatory changes are embedded into day-to-day operations 
• Manage and issue communication strategy and plans (across group and country, depending on the impact)
• Plan and engage with cross-bank teams on the deployment of necessary training.  For instance, deliver “train the trainer” awareness on CIB-wide requirements
• Provide post-go-live support to businesses in resolving any implementation issues and/or challenges
• Complete lessons-learned and apply in subsequent programmes
• Engage and work with PMO to support central programme activities such as programme financials management and reporting into forums (e.g Regulatory Refinement Forum)
• Comply with Programme Management Standards and the SDF Control Framework (including Agile)

Skills and Experience

• Minimum 7-10 years of hands-on experience in project / programme management and stakeholder management in financial services
• Experience successfully managing regulatory and risk programmes and projects, in Financial Services
• Knowledge of CIB business segments and product areas
• Certifications: PMP certification or equivalent, Risk management certification e.g CRMP or equivalent, Agile certification
• Awareness of IT best practices/IT service delivery frameworks e.g ITIL
• Hands-on experience working in an Agile environment
• Hands-on experience working on ADO or equivalent 
• Knowledge / experience with regulatory change/implementation would be an advantage
• Ability to take initiative, identify opportunities and work with minimal management oversight to drive the best outcome possible
• Hands-on individual contributor with an eye for detail and proactive, self-managed work style
• Excellent written, communication and presentation skills; able to effectively engage, influence and manage senior business stakeholders
• Experience working in a collaborative manner with global teams
• Strong communication and interpersonal skills
• Strong problem solving and analytical skills
• Multicultural awareness

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.