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FI

Practice Management Director Senior, Insurance Risk

FIS
United Statesfull_timeVerifiedPosted 17 Jul 2024
💰 $288,820/yr($171,910/yr$288,820/yr)

About the role

Job Description

POSITION RESPONSIBILITIES

  • Business
    • Owns the Risk Management product line PS revenue, cost and margin targets globally.
    • Ensures accurate financial forecasting (incl. any funded development) and takes action to close gaps between forecast and budget.
    • Owns global Risk Management PS Practice capacity and ensures that the PS Practice is staffed correctly to achieve budget.
    • Works with the Line of Business (“LOB”) (Risk Management product line Solution Manager) to understand product strategy and ensure services plans/goals are aligned (e.g., introduction new modules, regulatory change, regional expansion).
    • Works with Services organisation and LOB to develop future budgets and long-range plans, when asked to do so.
    • Develops strong relationships with internal stakeholders (Product, Sales, Pre-sales, Development, CX etc.), ensuring that interlock discussions are conducted with an appropriate cadence.
    • Represents PS interests during pre-sales and contract negotiation (e.g., daily rates, comprehensive scoping in place, key contract terms are included - essentially, we only enter into commercially viable PS Contracts).

  • Clients
    • Develops strong relationships with senior stakeholders at key clients and projects and provides thought leadership/trusted advisor role.
    • Escalation point for project issues, ownership of Risk Management PS escalations and project Get to Green plans.
    • Identifies opportunities to upsell/cross sell additional services.

  • Talent
    • Develops and executes global hiring plan in alignment with LOB and Capital Markets location/hiring strategy.
    • Sets relevant individual goals (Performance, Client, Behavioural and/or Development) for team members and ensures appropriate development and training plans are in place.
    • Identifies key talent within Risk Management PS by Assessing Team Potential, ensures succession plans are in place and that the development needs of successors are identified and addressed.
    • Develops relationships with sub-contracting partners.
    • Develops and implements plans to address issues raised in annual GLINT survey.

  • Innovation
    • Creates a culture of continuous improvement.
    • Introduces Onboarding delivery practices for products in scope.
    • Identifies opportunities to introduce best practices or new services from other product line PS leaders (L7).

  • Administrative 
    • Ensures team meets corporate targets for regulatory compliance training (RegU), timesheets completions, Access Reviews etc.

WHAT YOU BRING

The successful candidate will have a transformational track record as a Professional Services leader, ideally with experience in Capital Markets or Insurance Risk. This individual will have a history of managing the growth of client relationships and generating outstanding and sustainable business performance. This leader will have proven ability to execute flawlessly and drive/motivate others to do the same. Success in this role will be determined by the individual’s track-record of building sustainable and exponential business growth over an extended period-of- time.

Specific competencies and experiences include:

  • Commercial Acumen & Strategy
    • Excellent strategic thinking skills coupled with a track record of successful transformational leadership.
    • Experience with selling and proven ability to grow revenue streams profitably.
    • An ability to initiate and manifest flexibility, adaptability and creativity.
    • Exceptional analytical skills. Has a strong external focus on client, competitor, regulatory & marketplace trends, preferably in the securities and derivatives processing space.
    • Exhibits a passion for the client, ability to prioritize and retain focus, execute relentlessly, experiment and drive innovation.
    • Strong problem-solving ability, and practical experience in delivering complex solutions in a fast-moving business landscape. Adaptability in pressure situations, and empathy for clients and staff.

  • Strong Communication & Client Management Skills
    • Highly articulate communicator who can convey important messages in a clear and compelling manner at all levels of the organization.
    • Proven track record working with “C” suite Executives and Boards, equally comfortable addressing large public audiences or senior level customers.

  • Developing and Leveraging Relationships
    • Able to collaborate with other senior FIS leaders to

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Company

FIS

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