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IBOR Programme – PMO

Singapore, Singapore | Standard Chartered

  • Industry:
    Banking / Investment Banking
  • Position Type:
  • Functions:
    Project Management
  • Experience:
    5-7 years
Job Description:
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Identify, contribute, challenge and lead Project Management Office responsibilities for three workstreams covering the GB/CB/Lending/CF/Loan Syndication/Agency businesses to achieve the strategic objective of the IBOR Programme i.e. to transition away from LIBOR/IBOR to Alternate Reference Rates as adopted by the regulators. 

The Role Responsibilities

The role-holder is responsible to lead/support initiatives within the IBOR Transition Programme impacting GB/CB/Lending/CF/Loan Syndication/Agency businesses, at the same time be the champion on PMO activities, driving a value-driven change management approach. A multi-faceted candidate is sought who:

Demonstrates a dynamic role which can shift between change manager / product owner / project manager / business analyst depending on the level of involvement in each workstream

Ensures business needs are well understood across the workstreams where applicable

Supports/leads project management and change management activities ensuring business readiness

Leads by example change management best practice on initiatives driven by the workstreams

Maintains a balanced approach in project management and change delivery that aims to maximise ROI, minimize rework, and ensure solutions are built for the long term

Raises awareness and understanding of change management best practice (within/beyond the bank)

Ensures roles and responsibilities defined is observed and hence drive the right level of accountability

Provides day-to-day support to IBOR Transition PMs for the workstreams under, where applicable

Key responsibilities are:


Ensure the design and delivery of initiatives that are consistent with the IBOR Transition Programme

Support change management at the organizational level, keeping in mind the relevance to business strategy

Support the definition of project Business Cases (scope, goals, deliverables, costs, timescales, plans, dependencies, resource requirements and milestones)

Ensure pre-scope project plan is communicated to all project stakeholders together with their individual responsibilities

Support training and communications efforts where applicable – ensuring the right level of engagement to facilitate business readiness and hence adoption and business benefits realization

Project Management

Ensure ‘client-centricity’ throughout the e2e delivery lifecycle where involvement can be direct/indirect – formulating problem statement, solution design and validation, user engagement, change readiness, and ultimately adoption that drives business benefits realization

Apply a structured methodology to deliver the project through creation/execution of a plan to support adoption of the changes

To lead/support the definition of business processes in current state vs. target state

Co-ordinate publication, review and sign-off of major Project Management deliverables.

Monitor and report progress of the project deliverables to the senior Project Team

Co-ordinate quality activities to meet quality objectives.

Manage project RAIDs and change control inventory, communicating the impact to the project

Coordinate IT requests and sign-off

Monitor projects against time, budget and quality standards

Planning and Monitoring

Review projects (health check) to ensure they meet minimum project standards (financial / documentation / approvals) and are fully auditable for stakeholders / audit / regulators

Record programme level dependencies and assumptions and respective sign-offs ensuring they are proactively managed

Organise and facilitate closure of project and complete benefit analysis at the end of the project as required

Drive process improvements in project delivery and governance methodologies in conjunction with the senior Project Team

Manage project level change control process

Governance and Control

Support the adoption and adherence of SBCs ePMO set of practices, principles and templates for managing projects

Support the implementation and governance of standards across the businesses, including tracking, monitoring and updating the status of project and programme deliverables

Ensure that outcomes delivered, including necessary controls are fit for purpose and meet regulatory requirements.

Capture project requests and ensure each request has sufficient information to assess the project impact

Ensure all projects are set up correctly from systems governance, documentation, reporting perspective in SCBs CLARITY system


Responsible for preparation of consolidated material from project reports for monthly reviews, complete and distribute monthly portfolio reports for senior Project Team

Prepare and coordinate decks for SteerCo, training sessions, etc.

Clear understanding of project budgeting and baselining

Regulatory & Business conduct

Display exemplary conduct and live by the Group’s Values and Code of Conduct

Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

Other Responsibilities

Leverage the opportunity provided by Corporate Social Responsibility to enhance the Group’s internal and external reputation and indirectly influence the bottom line.

Promote the Group’s brand and Here for good with clients and regulators.

Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Maintain effective communication with key stakeholders, including regulators and staff.

Key Stakeholders

GB/CB/Lending/CF/Loan Syndication/Agency Business MT members

Project Managers supporting the workstreams

Business and Functions members of the workstreams

The broader IBOR Programme team

Our Ideal Candidate

The candidate must be a self-motivated, proactive and resourceful with an excellent network with ability to work in a fast-paced environment against an uncertain regulatory back-drop. Additional qualifications:

Broad understanding of LIBOR/IBOR transition

5-7 years’ experience/knowledge in project and change management principles, approaches, methodologies, tools and phases of the project lifecycle (both Waterfall and Agile)

Preferably PMP / Agile Project Management;

Excellent working knowledge of MS Excel (pivot tables, v-lookups, etc.) PowerPoint, MS Outlook, Visio, and Microsoft Project desirable

Familiarity with Experience with large-scale organizational change efforts

Experience in similar co-ordination/administration roles with senior stakeholders

Previous PMO experience mandatory

Excellent multitasking and prioritizing skills

Resourceful and tenacious

Highly organised with strong administrative knowledge and skills

Ability to work independently and be self-motivated

Strong problem-solving skills and root cause identification skills – i.e. methodical and thorough

Excellent active listening skills

Attention to detail

Strong written and verbal communication skills

Ability to articulate complex issues concisely and communicate effectively and comfortably from senior through to junior members of SCB

Forward looking with a holistic approach

Strong interpersonal and relationship building skills and to successfully deal with and defuse conflicts

Strong ability to influence people without direct authority

Ability to thrive in an evolving and shifting environment

Strives to do the "right thing", not just the "easy thing"

Strong personality, confident in communicating with PM’s and senior project team

Is energetic, determined, positive, goal focussed and consistent as well as remaining calm and composed under pressure

Must be a team player and able to work collaboratively with and through others

Is effective in unifying and creating teams of people with disparate skills and personalities

Is courageous and decisive, prioritises effectively, maintains a clear focus and sees action through to delivery

Builds trust and demonstrates integrity in all circumstances


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