Project Control Officer

LanceSoft; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

A leading company in Toronto is looking for a Project Control Officer to support a high-visibility regulatory project. The role involves financial management, collaboration with IT teams, and ensuring adherence to risk control measures. Ideal candidates will have extensive experience in financial institutions and will benefit from a hybrid work environment with potential for contract extension.

Qualifications

• 5+ years of Project Control Officer experience in financial institutions.
• 2+ years recent experience with top 5 Canadian banks preferred.
• Bilingual in Spanish is a plus.

Responsibilities

• Perform financial management activities and project budget forecasting.
• Collaborate with IT management and maintain project documentation.
• Support the Delivery Manager in project tracking and oversight.

Skills

Financial Management

Project Budgeting

Communication

Excel Proficiency

Leadership

Education

Post-secondary education in Computer Science

Information Systems

Business Administration

Tools

Clarity (CA-PPM)

MS Project

Job description

Project Control Officer
Location Address: 4 King Street W, Toronto ON
Hybrid: 3 days (Anchor days: Tuesday, Thursdays. Days will change based on the project need)
Contract Duration: 6 months
Possibility of extension: 12-month extension based on performance and business needs.

Story Behind the Need
Business group: GRM -Transformation Management Office
Project: Risk modelling Project, which involves the design, validation and deployment of new capital risk models on a cloud infrastructure.

Reason: Additional support.

Candidate Value Proposition:
The successful candidate will have an opportunity to support a large-scale, high visibility Risk regulatory project.

Key Accountabilities:
• Perform financial management activities such as project budget forecasting and payment processing while following the bank guidelines, for the different components of the budget including international and Canadian project teams. Create financial Project Change Requests (PCRs) to ensure the costs are allocated to the correct Component/Cost Element.
• Update the financial information for the Executive Steering Committee documents. Administrate the SharePoint for the Collection Solutions. Interact and support the countries/regions with the financial management of the budget assigned as per the approved business case, by building and maintaining a strong partnership with them.
• Collaborate with IT management teams, security advisory and operational Risk teams, on a Global Scale to ensure effective execution of mandated assessments
• Develop/enhance and/or execute effective communication models to assist with the management of reported vulnerabilities, control gaps, people and process related gaps, issues and their remediation
• Identify opportunities and gaps within internal process and procedures to develop/enhance and/or execute strategies for improvement and maturity within each program, inclusive of but not limited to, execution, operations, reporting and tracking
• Be responsible for adherence to established process flows that ensure development teams, infrastructure teams and business owners implement control measure that effectively mitigate or eliminate risk.
• Be responsible for scheduling, oversight of execution, creation and management of deliverables to stakeholders
• Support the Delivery Manager / Project Manager to ensure all appropriate areas are represented on the project team and to maintain the momentum of the project against a background of constantly conflicting priorities. The individual is required to multitask on several projects at one time depending on the complexity and activities in progress.
• Formally document and cost project activities by using the Microsoft Project tool Definition of development activities at sufficient detail levels (not to exceed 10 workday increments and not to detail less than 4 hours) Ongoing communication of project status, completing the agreed-on project reports, and escalating issues to the Delivery Manager, or Senior Delivery Manager as required
• Responsible for supporting the Delivery Team in the following: Maintain the project files; Risk, Actions, and Issues log (RAID), this pertains to project documentation, approvals, drawdowns, spreadsheets, meeting minutes, monthly status reports, third-party contracts, and other correspondence and documentation as appropriate.

Skills/Experience/Competencies:
1. 5+ years of PCO experience in financial institutions working on project financials.
2. 2+ years of recent experience with top 5 Canadian bank (*** preferred)
3. 2+ years of recent Experience using Clarity (CA-PPM)
4. 4+ years of experience with MS project
5. Strong experience with MS office suite (proficient in excel)

Nice to have:
1. *** experience preferred.
2. PMP certification is nice to have
3. Previous exp with Risk regulatory projects
4. Bilingual – Spanish

Soft Skills Required:
- High work ethics
- Strong Leadership Qualities
- Extroverted and Outgoing
- Excellent Communication and Interpersonal Skills
- Quick learner
- Attention to detail

Education:
• Post-secondary education in Computer Science, Information Systems, Business Administration, or a related field