Job title: IT Project Manager (Level 2)
Job type: Contract
Emp type: Full-time
Industry: Banking
Expertise: Banking Operations Project Management
Location: Toronto, ON
Job published: 2022-05-17
Job ID: 58837

Job Description


Job Description

The Project Manager will plan, manage and deliver distinct projects through all specific phases in alignment with business and/or enterprise strategies. This individual may manage a number of small to medium size projects at any given time with a low to medium complexity risk profile and time horizon generally ranging from short to medium term.  This individual may support projects within multiple CTO portfolios.


Your Accountabilities Include:

  • Indirectly manage a LoB project team consisting of Business Analysts, Business SMEs and technology resources (where applicable) under the 1PM project & resource management framework or Next Evolution of Work (NEW) in future; Manages the project team, stakeholders and key project deliverables
  • Engage executive sponsors to drive out business cases to support project execution
  • Engage appropriate stakeholders to identify and manage required outcomes of projects for the business
  • Establish effective project oversight and other governance bodies, and engage the correct levels to support the direction for the project
  • Provide on-going communication to key stakeholders, including the Project Sponsor, Business Project Owner, Program Manager and Portfolio Manager to ensure they are aware of significant changes to the project status in a timely manner
  • Respond to inquiries and escalate concerns from stakeholders at all levels in the organization (technical, business, Senior and Executive Management)
  • Provide advice and guidance to business partners and project team as required regarding best practices in project management
  • Collaborate with appropriate partners to ensure required resources are assigned to the project for successful delivery
  • Executes project management deliverables within budget and as per the approved project plan, working with business partners to develop the content of those deliverables
  • Develops, monitors and tracks project plans throughout project lifecycle
  • Monitors project health continuously and engages management as required if project health changes
  • Monitors and controls the work related to each deliverable
  • Deliver and own project outcomes that are aligned to established cost, timing, deliverable and scope objectives
  • Generate cost estimates and provides general financial management, incorporating risk, by leveraging appropriate tools, templates,
  • Proactively identify and track project risk, project issues and develop mitigation plans to manage risk and issues
  • Champions project governance and processes
  • Owns the accurate reporting of status, risks and project financials (i.e., data quality) in the banks enterprise reporting system
  • Accurately forecast and manage assigned budget to provide monthly financial reporting for projects in alignment with Finance standards
  • Provides project reporting, including technology spend, and ad-hoc analysis and presents issues requiring attention by senior management. Escalates issues, as required
  • Identifies discrepancies between financial forecasts and actuals and escalates material discrepancies and adjusts scope, schedule or budget as appropriate
  • Manages resource and capacity management process for assigned projects for all project resources, external contractors / consultants and coordination of competing priorities
  • Ensure the project spending approval policy is followed
  • Support vendor management and strategic sourcing process, managing RFP activities and partnering with vendor(s) to ensure efficient and effective project delivery
  • Apply bank principles of project management life cycle methodologies, tools and best practices, ensuring that appropriate documentation, change and risk/issue management practices are in place


Must Haves:

  • 7+ years full life cycle project management experience (from inception business case to project deployment & closure)
  • Knowledge and experience in delivering projects leveraging Agile methodology
  • Experience with technologies or projects involving Security, Infrastructure, Application Integration, Application Migration, Cloud technologies would be preferred
  • Comprehensive knowledge of the practices, procedures and principles of project management
  • Exposure to financial management with respect to tracking, forecasting and managing project budgets in the $1 - $5 million range
  • Team player with ability to influence and achieve results through effective negotiation, problem solving
  • Excellent written and verbal communication skills
  • Excellent time management skills


Nice to Have

  • PMP and / or CSM certification or equivalent preferred
  • Some development Knowledge (Angular or Java)


Additional Information


  • Manages projects with low regulatory oversight
  • Project risk profile is generally moderate to high
  • Management direction or executive oversight may be required and provided as needed
  • Typically leads the delivery of Tier 2 -4 projects, with medium high complexity profiles
  • May indirectly manage a LoB project team consisting of Business Analysts, Business SMEs and Technology resources where applicable to the project
  • May manage a number of small projects at any given time, and time horizon of projects are generally short term ? 1year
  • Generally reports to a higher level Project Manager, Program or Portfolio Director