Job Description
Job Title: IT Project Manager
Location: Jersey City, New Jersey
Job Experience Level: Senior (10+ Years)
Work Location Expectations: Hybrid
Term: 12 Month
Description:
Oversee delivery of CCAR-focused regulatory initiatives by managing project scope, timelines, cross-functional coordination, and stakeholder engagement. Ensure business needs are accurately translated into functional requirements and that implemented solutions align with organizational goals.
Responsibilities
Engage with business users for requirements elicitation, analysis, documentation, user acceptance testing, and post-production support.
Collaborate with cross-functional teams across geographies, including developers, QA, SMEs, and senior management.
Conduct root cause analysis, gap analysis, and current-state vs. future-state assessments to define optimal solutions.
Analyze business processes, recommend improvements, and translate business needs into clear IT requirements.
Oversee testing, training, and change-management activities during project rollout.
Provide regular updates to senior management on risks, issues, and action plans.
Manage complex tasks with minimal supervision and communicate effectively with both business and technical teams.
Skills & Qualifications 15+ years of professional experience in large financial institutions with a focus on regulatory initiatives (CCAR, DFAST, Basel III).
Hands-on experience with CCAR and Stress Testing implementations, including support for FR Y-14 reporting and related documentation.
Strong understanding of Market Risk, Credit Risk, VaR, financial instruments, market data sources, trading systems, and risk governance processes.
Ability to synthesize complex technical and financial concepts and communicate them clearly to technical and non-technical stakeholders. Strong analytical, problem-solving, multi-tasking, prioritization, and follow-through skills with high accountability.
Proven ability to manage multiple initiatives simultaneously and engage effectively with executives, managers, and SMEs.
Knowledge of project management frameworks (Waterfall, Agile) and proficiency with project management and collaboration tools (Jira, MS Project, Confluence, ServiceNow, Visio, Excel).
Proficiency in SQL; knowledge of Databricks is desirable.
Strong leadership, relationship management, emotional intelligence, and stakeholder-management capabilities.
Understanding of financial operations, MIS, data management, and reporting processes within commercial and investment banking.
BA/BS degree required.
Excellent written and verbal communication skills.
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