Senior Project Manager - FRTB Markets

Senior Project Manager - FRTB Markets (Regulatory Programme)

London / Hybrid

6 months contract

Day Rate from £600 via Umbrella DOE

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My client powers businesses of all sizes to make, take and manage payments. They are a global leader in financial technology with unique capabilities to power omni-commerce. Whether online, in store or mobile, they are at the heart of great commerce experiences in 146 countries and across 135 currencies. They help our customers become more efficient, more secure and more successful.

The Role

They are seeking a Senior PM/BA to support a critical FRTB regulatory delivery programme within the Markets division. This is a high-impact role focused on delivering Market Risk and CVA regulatory change, requiring a blend of:

• Programme delivery (governance & execution)
• Deep business analysis (front-to-back trade lifecycle)
• Cross-functional orchestration across business and technology

You will operate at the heart of a complex, multi-year regulatory programme, working across Front Office, Risk, Finance, and Engineering teams to ensure successful delivery aligned to regulatory milestones.

The position is being offered on an initial 6 month contract, working Monday to Friday with the occasional out of hours requirement in line with business need. The team are hybrid working being in the office 2 days a week (Tuesday and Friday).

Key Responsibilities

FRTB Programme Delivery & Governance

• Lead and coordinate delivery across FRTB governance forums (SteerCo, planning cycles, prioritisation)
• Produce executive-level reporting and track milestones, risks, and dependencies
• Ensure alignment to regulatory timelines (go-live: 1st Jan 2027)

End-to-End Delivery & Business Analysis

• Elicit and refine requirements, ensuring full traceability into testing and implementation
• Map front-to-back trade lifecycle and data flows (source → analytics → risk/finance outputs)
• Break down complex regulatory requirements into technical deliverables

Backlog & Agile Delivery Management

• Manage and prioritise complex backlogs (Jira/Jira Align)
• Apply structured prioritisation (MoSCoW), dependency management, and RAID tracking
• Ensure delivery pace aligns with critical regulatory deadlines

Stakeholder & Cross-Functional Leadership

• Coordinate across ~10+ teams spanning Front Office, Market Risk, Finance, and Tech
• Lead workshops and drive alignment across multiple workstreams
• Present confidently at senior and executive level forums (SteerCo)

Financial & Delivery Oversight

• Track delivery-linked financials across features/epics
• Support forecasting and resource alignment (FinOps awareness)
• Ensure cost and delivery plans remain aligned to programme priorities

Team & Environment

• Working within the Risk & Finance Lab - Markets
• Engineering teams located across London and India
• Teams balancing project delivery alongside BAU work

Required Experience

Domain Expertise (Essential)

• Strong Markets knowledge:
  • Rates, FX, Credit, Money Markets
• Deep understanding of:
  • Trade lifecycle
  • Financial & risk management processes
• Fixed Income knowledge critical

FRTB & Regulatory Experience (Must-Have)

• Hands-on experience delivering FRTB (Market Risk / CVA)
• Strong understanding of:
  • Standardised vs Internal Models
  • Regulatory frameworks and model design
• Experience in regulatory audit environments (e.g. PRA)

PM / BA Hybrid Capability

• Proven track record operating as PM + BA in complex programmes
• Strong governance, reporting, and delivery ownership
• Ability to translate business requirements into technical solutions

Stakeholder & Delivery Strength

• Experience coordinating large, cross-functional teams
• Strong communication and influencing skills
• Comfortable operating in high-pressure regulatory environments

Tools & Ways of Working

• Agile delivery experience
• Tools: Excel, PowerPoint, Visio, Jira (Jira Align beneficial)
• SQL exposure beneficial

Please apply with an up-to-date CV which must show evidence of the above to be considered. Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.

We use generative AI tools to support our candidate screening process. This helps us ensure a fair, consistent, and efficient experience for all applicants. Rest assured, all final decisions are made by our hiring team, and your application will be reviewed with care and attention.