Target Operating Model Consultant

SR2 REC LTD; Greater London; Hybrid; GBP 111,000 - 166,000; Full time

Job summary

SR2 REC LTD seeks experienced Target Operating Model consultants for banking transformation. Roles span Consultant to Director levels in London hybrid, Inside IR35. You will diagnose current TOMs, design future TOMs, and help implement operating-model changes across front-to-back banking operations.

The work involves mapping capabilities, processes, roles and governance, applying value-stream and agile principles, and developing practical roadmaps with cross-functional teams.

Qualifications

• Target Operating Model design and implementation in banking transformations.
• Strong banking domain knowledge across Corporate/Commercial/Investment Banking.
• Experience leading or owning workstreams with senior stakeholders.

Responsibilities

• Perform current-state TOM assessments and diagnostics.
• Design future-state TOMs across banking functions and processes.
• Map capabilities, processes, roles, accountabilities, and structures.
• Develop TOM roadmaps and implementation plans.
• Lead workshops with senior banking stakeholders and ensure executable designs.

Skills

Target Operating Model

Banking domain knowledge

Consulting experience

Stakeholder management

Job description

Target Operating Model Consultants - Banking - Contract

Consultant to Director level | Inside IR35 | London hybrid

We are looking for experienced Target Operating Model and Operating Model Transformation specialists to support a number of major transformation programmes across Banking.

There are opportunities across multiple levels.

These are hands-on consulting roles for people who understand how banks actually operate and can move comfortably from diagnosing the current state through to designing and implementing a future operating model.

The programmes vary in scope but include transformation across relationship management, front-to-back banking operations, organisational design and agile/value-stream operating models.

The work

Depending on your background and level, you could be involved in:

• Current-state operating model assessment and diagnostic work
• Designing future-state Target Operating Models across banking functions
• Mapping capabilities, processes, roles, accountabilities and organisational structures
• Redesigning front-to-back processes and operating structures
• Developing operating models around customer and relationship-management functions
• Applying value-stream and agile principles to operating-model transformation
• Identifying operational inefficiencies, hand-offs and opportunities for simplification
• Defining governance, decision rights and ways of working
• Translating strategic objectives into practical operating-model changes
• Developing transformation roadmaps and implementation plans
• Working across business, operations, technology and change teams to ensure the TOM can actually be implemented
• Facilitating workshops and working directly with senior banking stakeholders
• Supporting the transition from operating-model design into execution

At the more senior levels, we are particularly interested in people who can own a workstream, shape the approach, challenge senior stakeholders and lead teams through complex operating-model transformation.

What we are looking for

The strongest candidates will combine genuine Target Operating Model expertise with meaningful banking domain knowledge.

Relevant experience could include:

• Target Operating Model design and implementation
• Operating Model Transformation
• Operational Excellence
• Organisational and capability design
• Front-to-back transformation
• Process optimisation and simplification
• Value-stream design
• Agile operating models
• Enterprise architecture and business architecture
• Transformation roadmap development
• Large-scale banking transformation

You should have strong experience within Corporate Banking, Commercial Banking and/or Investment Banking and understand the interaction between front, middle and back-office functions.

Previous consulting experience would be highly advantageous. We are particularly interested in people who have worked within major consultancies or have operated in consulting-style transformation roles within banks.

This is not purely a strategy or PowerPoint role. We need people who can get into the detail of how an organisation operates today, design a credible future state and work with stakeholders to make that model executable.

Engagement

• Contract opportunities
• Inside IR35
• Central London
• Typically 2-3 days per week onsite
• Multiple levels considered, from Consultant through to Director
• Day rate dependent on seniority and experience