Principal Project Manager, IFRS 17 - HSBC Operations, Services and Technology

  • Competitive
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • HSBC
  • 15 Aug 18 2018-08-15

Principal Project Manager, IFRS 17 - HSBC Operations, Services and Technology

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If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Operations, Services and Technology is a pivotal part of the Group, providing essential operational and technical support to our global businesses and helping improve customer service and efficiency. Operations, Services and Technology combines global expertise and technology to help keep us ahead of the competition.

IT Operations manages the IT infrastructure and supporting services that are critical for HSBC employees and customers, such as cost-efficient hardware, system software, middleware and databases, data centres, voice and data networks, ATMs, desktops and other devices.

We are currently seeking an experienced professional to join our team in the role of Principal Project Manager, IFRS 17.

Principal responsibilities:

  • Lead the technology function end to end deliverables for the global IFRS17 program.
  • work closely with program business leads and program director to ensure that the technology aspects of the program are appropriately selected, designed, governed and implemented, fulfilling the requirements of time/scope/cost as defined by the IFR17 Program Director and senior stakeholders.
  • Manage the full systems development life cycle (or project life cycle) from approved Clear Choice to Implementation to ensure business requirements are met or exceeded, on time and within budget in line with business targets
  • Define Critical Success Factors (CSFs), Key Performance Indicators (KPIs) and other objectives that must be met by the project
  • Create project plans using group standard tools
  • Produce effective progress reports for assigned projects to keep management apprised of project status, major issues, scope changes, resource changes and milestone achievements or misses
  • Facilitate and chair regular project meetings and follow up with team members as required to focus on business and operational issues or technical issues, documenting, assigning and monitoring all project issues to ensure clearance with minimal impact to project progress
  • Ensure that problems are managed and escalated efficiently with the minimum disruption to the business
  • Plan effectively around the delivery constraints and optimize the plan to ensure IFRS17 delivery.
  • Develops the plan within constraints, considering the delivery approach, key milestones and dependencies within the plan, requirements and scope, effort and resources, budgets and quality
  • Ensures the baseline scope, requirements, benefits, schedule and budget are managed as outlined in Business Transformation Frameworks. Identifies and intervenes where there is slippage and variance from plan.
  • Plans and analyses costs, tracking operating and capital spend, and tracks reporting to financial business case commitments.
  • Accountable for the tracking of project/s risks/issues/dependencies, assesses the impact on the benefit realization for the project and takes action to minimize impact, actively challenging and removing obstacles

  • Graduate or postgraduate degree in Science, Business Administration, Social Sciences in psychology, economics, Finance, Accounting or a related field.
  • Excellent experience in Project or Programme Management operating in a global environment with strong track record of business and IT programme delivery in a global, regional and local structure.
  • Detailed knowledge of insurance processes related to actuarial risk, operational and financial processes and requirements.
  • Clear understanding of IFRS17 requirements and impacts on business functions and technology infrastructure.
  • Ability to develop cohesive working relationships with internal/external stakeholders.
  • Thrive effectively under pressure with competing and changing priorities.
  • Proven and demonstrable knowledge of best practice within Project Management and Business Analysis standards, tooling and process.
  • Bring analytical rigor, structure and effective solutions to poorly-defined problems applying common sense and lateral thinking.
  • Proven leadership skills, with a track record of building and motivating high performance teams
  • Strong interpersonal, influencing, persuading and communication skills - applicable through multiple channels (written, spoken, workshops, presentations)
  • Excellent team leader and player, able to lead others into action, and with ability to work under minimal supervision
  • Ability to find ways of solving or pre-empting problems.
  • Knowledge of the Insurance business lines, programmes and external environments would be an advantage.

The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis. For more information about the enhanced vetting for this role please contact the recruiter for this role.

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