Transformation Lead

Banking client | London | 12 months FTC

The Opportunity

Join the Business Transformation team at a leading UK bank as Transformation Lead, supporting delivery of the bank's transformation roadmap through portfolio management, benefits realization, and data-driven insights.

This role combines traditional PMO activities with strategic portfolio oversight, ensuring transformation initiatives align with business objectives and deliver measurable value.

Banking experience essential.

What You'll Do

Benefits Realization & Tracking

• Define and track benefits profiles across transformation portfolio
• Support benefits owners and validate financial/non-financial benefits
• Conduct benefits tracking and variance analysis
• Challenge assumptions and escalate risks to value delivery
• Support post-implementation value tracking

Portfolio Management & Oversight

• Oversee portfolio of complex change initiatives
• Monitor timelines, allocate budgets, manage cross-project dependencies
• Support portfolio prioritization aligned to strategic objectives and investment governance
• Conduct scenario modelling, capacity analysis, and value-based trade-offs

Data Analysis & Insights

• Analyse portfolio performance data to identify trends, risks, and opportunities
• Provide actionable insights to senior stakeholders
• Develop and maintain dashboards and visualizations (Power BI)
• Enable Real Time portfolio insights through data reporting
• Track change adoption and business readiness metrics

Operational Improvement

• Identify areas for operational improvement, cost reduction, and better service delivery
• Use established methodologies to drive efficiency
• Track ROI and objectively measure performance

Stakeholder Management

• Build deep cross-functional relationships across C-suite and middle management
• Translate complex data into clear, actionable insights for senior leaders
• Ensure widespread buy-in for transformation initiatives

Essential Requirements

Banking Experience (Essential):

• Previous banking or financial services experience required
• Understanding of banking operations, regulatory environment, and financial drivers
• Experience managing transformation in regulated banking environment

Transformation & PMO:

• Strong PMO experience - tracking, reporting, control across transformation portfolios
• Benefits Realization Management (BRM) expertise
• Portfolio management of complex change initiatives
• Experience with P3O/PRINCE2/MSP frameworks
• Agile/Hybrid delivery models (SAFe or Scrum)
• Stage Gate/Investment Governance frameworks
• Portfolio prioritization (OKRs, value-based prioritization)

Data & Analysis:

• Strong analytical and data visualization skills
• Power BI expertise for dashboards and Real Time insights
• Excel modelling for financial analysis and scenario planning
• Ability to translate complex data into actionable insights
• Understanding of financial drivers, business cases, and value measurement

Stakeholder & Relationship Management:

• Building deep cross-functional relationships across all organizational levels
• Managing C-suite and middle management expectations
• Strong communication skills for senior stakeholder engagement

Essential:

• Banking or financial services experience (non-negotiable)
• Proven track record in transformation/PMO roles within banking
• Benefits realization and portfolio management expertise
• Strong Power BI and data visualization capabilities
• P3O/PRINCE2/MSP certification or equivalent experience
• Understanding of banking regulatory environment
• Ability to manage overlapping workstreams and reallocate resources
• Relationship building across all organizational levels

Desirable:

• Stage Gate/Investment Governance framework experience
• SAFe or Scrum certification
• Banking transformation programme experience
• Risk frameworks aligned to enterprise risk management
• OKR or value-based prioritization experience