Project Manager

DBS Bank; City Of London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading bank seeks a Project Manager for a Fixed-Term Contract in Private Banking Transformation. This role involves coordinating extensive projects across international teams, focusing on regulatory compliance, stakeholder management, and successful project execution in a dynamic banking environment. Ideal candidates will have proven experience in private banking and strong organizational skills to handle multiple priorities effectively.

Qualifications

• Proven experience in leading strategic change initiatives within private banking or wealth management.
• Strong stakeholder management and communication skills.
• Experience managing complex, cross-functional projects.

Responsibilities

• Coordinate and manage the end-to-end delivery of the Private Banking transformation programme.
• Serve as the key point of contact for internal stakeholders.
• Ensure compliance with MiFID II and all relevant regulatory standards.

Skills

Strategic change initiatives

Stakeholder management

Communication

Project management

Organizational skills

Regulatory knowledge (MiFID II)

Risk management

Job description

Project Manager - Private Banking Transformation

Fixed-Term Contract - 12 Month Maternity Cover

To work with Singapore PMO to coordinate work streams progress / ensure timely delivery / resolution of issues in order to deliver a strategic transformation project within the UK Private Banking division. The project aims to transition the business from its current focus on non-advisory services for professional clients to a broader service model that includes advisory and order execution capabilities, with a proposed expanded client base including retail clients.

This maternity cover position will require the successful candidate to coordinate all aspects of the project end-to-end, working closely with internal stakeholders across multiple functions and locations, as well as with external advisors. A key focus will be ensuring compliance with MiFID II and other relevant regulatory requirements throughout the transformation.

There is additionally a requirement to support the PB Business Management (BMS) team, where required, in BAU activities, mainly preparing and presenting relevant data/MI/reporting to Senior Management.

Job Responsibilities:

Project Leadership

• Coordinate and manage the end-to-end delivery of the Private Banking transformation programme.
• Drive project planning, scoping, resource allocation, timelines, and budget control.

Stakeholder and Advisor Liaison

• Serve as the key point of contact in London for internal stakeholders, including Compliance, Legal, Risk, Front Office, Operations, and Technology.
• Coordinate with external advisors and internal stakeholders to ensure effective execution of the gap analysis and other strategic inputs.

Regulatory Compliance and Governance

• Assist to ensure the project remains fully compliant with MiFID II and all relevant UK/EU regulatory standards.
• Assist to translate regulatory requirements into actionable business and operational changes.

Cross-Regional Coordination

• Act as the primary project interface between teams in London and Singapore, ensuring consistent communication and collaboration.

Workstream Oversight

• Oversee and manage multiple concurrent workstreams, aligning deliverables with project milestones and strategic objectives.
• Monitor progress, identify dependencies, and adjust plans as needed to maintain project momentum.

Implementation Execution

• Oversee the implementation of changes and solutions arising from the gap analysis conducted by external consultants.
• Ensure business readiness and support change management activities across impacted teams.

Reporting and Communication

• Prepare and present regular progress updates, risk assessments, and project reports to senior management and governance forums.

Risk and Issue Management

• Identify, assess, and mitigate project risks and issues promptly, escalating where necessary

Skills & Requirements

• Proven experience in leading strategic change initiatives within private banking or wealth management.
• Strong stakeholder management skills, including the ability to influence and negotiate with senior leadership.
• Excellent communication and interpersonal skills, with a collaborative and diplomatic approach.
• Experience in managing complex, cross-functional and cross-regional projects.
• Strong organisational and time management skills, with the ability to manage multiple priorities.
• Resilience and adaptability in navigating regulatory and business change environments.
• Understanding of MiFID II requirements, particularly as they apply to private banking services, advisory models, and retail client classifications.
• Knowledge of UK/EU regulatory frameworks governing financial institutions and private banking operations.
• Experience implementing regulatory change projects, including translating gap analysis findings into functional business solutions.
• Familiarity with private banking systems, client onboarding processes, and compliance reporting tools is advantageous.
• Ability to oversee technical implementations or liaise effectively with technology teams on regulatory and business requirements.