Job description Posted 24 February 2022

Job title – Project Lead  

Location – London/ Remote  

Start date – ASAP

Pay Rate - £660 PAYE or £846.91 Umbrella  

Contract – 12 Months   

 

HSBC Clearing Services are currently implementing a programme European programme to consolidate our continental European businesses across 2 entities into 1 business model. The Derivatives Clearing business is required to support this consolidation for our ETD Execution and Clearing business. This change impacts both the local European business, as well as the wider global HSBC ETD exchange and CCP network. The project is cross functional, and this role will need to understand the detail across all functions to drive the delivery on schedule. The functions impacted includes:-

§ Front office execution

§ Middle and Back office

§ Finance & regulatory reporting (MiFiD, EMIR, etc)

§ Central Risk functions

§ Compliance and Surveillance


To this end we require a Project Lead with strong business analysis skills to join the Clearing Change Team to take responsibility for the delivery.

This role will require working with the team to analyse existing processes and flows, plus operational implementation, working with various areas of HSBC Technology, Front Office and Global BAU teams in Operations.


Key Accountabilities:

·       Ensuring that all analysis is performed to a high standard and in accordance with HSBC project governance principles

·       Engaging with all internal project stakeholders to ensure requirements are met

·       Ensuring that all project documentation is produced to the highest quality, on time and with appropriate sign-offs obtained.

·       Working closely with colleagues in BAU Operations, Technology and the Business to ensure that processes are implemented appropriately & in accordance with stakeholder expectations and regulatory / compliance protocols

·       Working with the central programme team to support budget, plan and status reporting

·       Driving day to day project governance with appropriate regular meetings to drive delivery

·       Front to Back Project Management of the project ensuring all documentation, testing, post implementation review and stakeholder sign off

·       While this role is to lead the project and DCS project team, this role will need to take on BA responsibilities where needed so they quickly break down blockers to progress, demonstrating a fact and data led approach to resolving blockers

·       HSBC European Consolidation programme team

·       Global Markets Business – Derivatives Clearing Services Front Office UK, France & Germany

·       Global Markets Operations (ETD and OTC), IT teams, Compliance, Surveillance, Finance, Legal, Procurement, Network Management on and offshore

·       External vendors and Exchanges

·       Strong relationship building skills – to build and maintain effective relationships with both internal stakeholders and external vendors

·       Ability to own and deliver projects from inception to post-delivery review

·       Strong Change management skills gained through at least 5 years dedicated change experience preferably in a similar environment

·       Good understanding of regulatory and commercial environment

·       Excellent communication, escalation and issue management skills

·       Derivatives and Futures knowledge is essential

 

Knowledge and Experience:

•     Project team and status reporting management

•     Project budget management

•     Process mapping & analysis

•     Requirements gathering

•     Documentation preparation for testing and management of testing phase with SMEs

•     Process re-engineering

•     Very strong investigative skills

•     Good understanding of operational risk

•     Excellent relationship building skills with both internal and external stakeholders

•     Very strong communication, escalation and issue management skills.

•     Operations experience at a top tier broker or Investment Bank

•     ETD product and system knowledge highly desirable

•     ETD Operations knowledge is prefered