Project Manager – Global Leverage Ratio

Rate: £781.35 Umbrella

Duration: 30/09/2026

Location: London – Hybrid working model [2 / 3 days on site]

Lead the Global Leverage Ratio change programme to deliver Project Porto (HBEU Capital Optimisation) by 1Q26, achieve Basel 3.1 (B3.1) compliance for the PRA across actuals and forecasting by Jan-2027, and ensure effective ongoing change maintenance. Implement the new Leverage Ratio solution for HKMA and ECB, and to transition the end-state delivery management capability to India once B3.1 is fully live.

Key responsibilities

• Own end-to-end delivery of the Global Leverage Ratio project plan, milestones, dependencies and RAID, ensuring Project Porto delivery.
• Drive B3.1 regulatory compliance for PRA for both actuals and forecasting, targeting readiness for Jan-2027 reporting/forecasting timelines.
• Lead implementation of the new Leverage Ratio solution to meet HKMA and ECB requirements, aligning scope, design and delivery across regions.
• Coordinate cross-functional delivery across Finance, Risk, Treasury, Technology and Data, ensuring clear accountability and timely decision-making.
• Manage governance: steerco updates, status reporting, issue escalation, and delivery assurance against agreed outcomes.
• Ensure robust change control, testing strategy, cutover planning and operational readiness (including controls, documentation and handover).
• Establish and run the ongoing change maintenance delivery approach, including prioritisation, release planning and stakeholder management.
• Plan and execute the transition to India: define target operating model, roles/responsibilities, knowledge transfer, and a controlled handover of delivery management.
• Success measures (what “good” looks like)
• PRA B3.1 compliance achieved for actuals and forecasting with readiness for Jan-2027 timelines.
• HKMA/ECB leverage ratio solution implemented with stakeholder sign-off and operational readiness.
• Stable post-implementation change pipeline with predictable delivery and effective controls.
• Successful transition of end-state delivery management to India, with minimal disruption and clear ownership.

Knowledge, skills and experience

• Proven delivery leadership on complex regulatory reporting / capital / leverage ratio change programmes in a global bank.
• Strong understanding of Leverage Ratio concepts and the practical impacts of Basel 3.1 on reporting and forecasting.
• Experience working with regulators and regulatory expectations (ideally PRA, plus exposure to HKMA/ECB).
• Strong programme/project management capability (planning, governance, RAID, dependency management, delivery assurance).
• Ability to lead across boundaries—multiple regions, senior stakeholders, and technology/data teams.
• Comfortable driving outcomes at pace, with clear communication and pragmatic problem-solving.

If you think you are up for the task and feel you meet the above criteria or interested to hear more information, please contact me on [email protected].