Centralised Securities Depository Project Manager, Bank, Brussels

Job Title:
Centralised Securities Depository Project Manager, Bank, Brussels

BACKGROUND:
Brussels based international bank, applying for a new CSD and Banking licence from Authorities in compliance with standards imposed by Regulations. Now seeking a Project Manager to join the bank's Legal/Regulatory Compliance team to manage/oversee the successful application for licences.

ESSENTIAL TASKS:

Project composition:
- the filing to get the new licence;
- the compliance with Settlement Discipline requirements (IT project);
- the compliance with Record Keeping requirements (IT
- the compliance with Reconciliations requirements (IT

The Project Manager will oversee the planning, implementation and tracking of the implementation of the requirements of the EU CSD Regulation at the Bank. The project will entail a number of IT, (banking) operations, and risk/control/governance/financial work streams some of which will be delivered at high level.

PLAN THE PROJECT:
Define the scope of the project in collaboration with the bank's General Counsel (this project's internal sponsor), and stakeholders including Operations, Products, Legal, Compliance and Technology.
Identify and agree the critical success factors upon which the project will be evaluated.
Identify and manage dependencies on other projects within the Group CSDR (Centralised Securities Depository Regulations) Programme and the bank's other projects.
Create a detailed work plan which identifies and sequences the activities needed to successfully complete the project.
Propose the resources (financial, human etc) required to complete the project.
Develop a schedule for project completion that effectively allocates the resources to the activities.
Review and maintain the project schedule with the bank's senior managers and all other stakeholders that will be affected by the project activities; revise the schedule as approved by the bank's senior management and subject to Change Management governance.

STAFF THE PROJECT
Assist the appropriate line managers in selecting resources with appropriate skills for the project activities;

IMPLEMENT THE PROJECT:
Execute the project according to the project plan;
Develop forms and records to document project activities in cooperation with the Group CSDR implementation team;
Set up files to ensure that all project information is appropriately documented and secured. A key deliverable of the wider programme will be the submission of regulatory filings to receive new CSD and Banking licenses;
Monitor the progress of the project and make adjustments as necessary to ensure the successful completion of the project
Establish a communication schedule to update stakeholders including relevant steering committees, working groups and external stakeholders on the progress of the project

CONTROL THE PROJECT:
Write regular status reports on the project for management and sponsors.
Monitor and approve all budgeted project expenditures;
Monitor cost projections and report variances to senior management on a regular basis;
Manage all project funds according to established accounting policies and procedures.

EVALUATE THE PROJECT
Ensure that the project deliverables are on time, within budget and at the required level of quality;
Evaluate the outcomes of the project as established during the planning phase.

Skills/Experience:
Minimum 5 years project planning and/or management experience.

Knowledge of project management. eg. PRINCE2, ideally in the financial sector.

At least some knowledge of banking regulations.

LANGUAGE: English plus either some French or some Dutch.