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Senior Models and Ratings Analyst - City, London, United Kingdom, EC1A2

£65k

Overall Objective:

To provide analytics, model development and reporting duties for the Models and Ratings team. Specifically supporting the development and maintenance of the regulatory compliant rating system used for the Internal-Ratings Based ('IRB') approach, compliance with the International Financial Reporting Standard 9 Financial Instrument ('IFRS9') rules and other models used by the business across the customer life-cycle.

Responsibilites:

Ensure that project plans and other project documentation is produced and maintained

Day to day management of projects

Assess, prioritise and manage to resolution all project level risks and issues.

Provide reports for the steering group on any risks, issues and variances from plan that do not fall within agreed tolerances

Day to day relationship management with software house management teams

Ensure effective communication of key project information at all levels across the Exact Group. Assume responsibility for reporting project progress to key stakeholders in a timely fashion.

Manage the project activities on a day-to-day basis on behalf of the sponsor using the Exact Project Management Methodology. Define and be accountable for the approach and milestone dates. Maintain the plan in a controlled manner to take account of changes.

Guide the sponsor through the approval process producing supporting documentation and analysis.

Identify and secure internal and external resources required to execute the project. Build a high performing team with the right blend of skills for the work.

Identify project risks and agree appropriate actions to mitigate/control. Regularly review risk assessment. Ensure residual risks are incorporated within the appropriate business area's operational risk plans

Pro-actively manage issues, taking action to achieve urgent resolution and escalating promptly and clearly where necessary

Negotiate timely execution of work sub-contracted from the project to line areas. Agree mechanisms for ensuring visibility of progress of this work

Manage project closure in an orderly manner, including post implementation review (PIR) and ensure all outstanding tasks and actions have been handed over to the line or other projects

Lead the shaping of the project, contributing ideas, optimising scope to achieve the business objectives and validating viability. Challenge existing thinking, processes and procedures and identify opportunities for change. Provide visibility of project progress against budget and schedule, in a reporting format suitable for sponsor and steering group audiences, enabling informed executive decisions and actions to be taken

Manage project budget in conjunction with Financial Management and Project Sponsor, ensuring the completion of contractual procedures and documentation in liaison with Purchasing and 3rd parties where appropriate. Seek ways to reduce project cost and increase or bring forward benefits.

Manage project implementation in such a way as to minimise disruption to BAU

Manage the process to achieve consensus on alternative solutions and recommendations, using facilitation and negotiation skills. Influencing up to sponsor level and Group Operating Board.

Manage relationships with cross divisional contacts at all levels in order to establish effective working relationships between members of the project team, project sponsor, key stakeholders and the project board. Continually develop this network of contacts across the business to enable achievement of objectives and maintain these for future initiatives.

Set reasonable, challenging and clear accountabilities and responsibilities for project team members. This includes providing performance feedback to project team members