Asset & Wealth Management - Director - Operating Model Design

Pwc UK•London, ON

9d•Hybrid

About The Position

In support of unprecedented growth, PwC's Consulting practice currently has a vacancy in its FS Enterprise Transformation team for a Director who will help lead the Asset Management & Asset Servicing sector team, in the field of Operating Model Design and Implementation resulting from a number of different types of change: core platform change, new product, merger/acquisition, start up, cost reduction, outsourcing, globalisation. As part of a specialist team, within the wider Financial Services cluster, you will be encouraged to initiate and develop new ideas. Our highly motivated team has an excellent track record of delivering high quality work to major international clients and has ambitious growth plans. Our engagements are consistently part of the global asset management agenda, supporting our clients through fundamental change of their businesses and positively affecting the lives of people all over the world. Typical engagements include: Supporting the CEO and COO of a global Asset Manager to achieve 20% cost reduction across their global operations Review of current and design of future operating model to support the ambitions of the business strategy of a large pension fund manager Scaling-for-growth review of the current state operating model and design of the future state of a large US-based asset manager Design of an operating model for a new Fund Services business, bringing together a leading UK Depositary and Luxembourg-based ManCo business Design of the operating model to support the launch of a new sovereign wealth fund targeted to replace fossil fuel incomes Design and implementation of an operating model to support the pan-european legal entity structure of one of Italy’s biggest asset managers Design of the operating model of a new Southeast Asian state investment fund targeted to provide capital for future infrastructure investment

Requirements

Strong experience of operating model design and large change projects, preferably within a consulting environment or leading an asset management-focused business.
Demonstrated track record of high-quality design and delivery success.
Ability to articulate the business benefits of work undertaken.
In-depth experience with asset servicing solutions and services (e.g., State Street, BNY, NT, BNP Securities Services).
Understanding of core investment management platforms and solutions (e.g., BRS Aladdin, SimCorp Dimension, CRD/State Street Alpha).
Excellent business knowledge within the whole Asset Management value chain (Front Office, Middle Office, Back Office).
Experience as a solutions architect.
Experience designing future state asset management operating models resulting from various change catalysts.
Excellent track record in the Asset Management value chain, from both internal and outsourced perspectives.
Excellent track record of Target Operating Model Design and Implementation.
Excellent track record of Programme/Project Management for large complex asset management projects.
Excellent track record of Stakeholder Management.
Very strong knowledge of the PMO function (planning, status reporting, SteerCo reporting).

Responsibilities

Lead the Asset Management & Asset Servicing sector team within the FS Enterprise Transformation team.
Design and implement operating models resulting from various change catalysts (core platform change, new product, merger/acquisition, start up, cost reduction, outsourcing, globalisation).
Support clients through fundamental business changes in the global asset management sector.
Initiate and develop new ideas within a specialist team.
Deliver high-quality work to major international clients.
Support CEOs and COOs in achieving cost reductions.
Review and design future operating models to support business strategies.
Conduct scaling-for-growth reviews and design future state operating models.
Design operating models for new fund services businesses.
Design operating models to support the launch of new sovereign wealth funds and state investment funds.
Design and implement operating models for pan-European legal entity structures.
Act as a solutions architect and own the new business architecture vision.
Perform structured business analysis, functional decomposition, sourcing model, data model, organisational model, and high-level technical architecture design.
Manage large complex asset management projects and stakeholders.
Utilize knowledge of PMO functions including planning, status reporting, and SteerCo reporting.