Stephen Argent Email & Phone Number

London, England, United Kingdom

Led the coordination and oversight of bank-wide technology and operational change required to transition from LIBOR to alternative risk-free rates.Scope of change extended to over 70 systems and 260 models across full breadth of lending and derivative products – necessitating a strong understanding of front-to-back bank architecture through Front Office booking systems, pricing & valuation models, downstream funding, risk and finance systems.As chair of the ‘Tech & Ops’ Working Group, worked closely with franchise and function change leads to coordinate impact assessments, shape the programme blueprint and develop change delivery plans. Thereafter, provided on-going review and challenge to the execution of franchise plans to ensure transition progress remained on track, and that emerging risks and issues were appropriately escalated. As a secondary role, managed programme financials, developing the multi-year business case before setting up and managing processes for monthly forecasting and annual budget submission, plus input into quarterly reviews.

London, England, United Kingdom

Project Manager in the ICB Central Programme responsible for completion of bank-wide RFI (Relevant Financial Institution) customer due diligence in line with ICB legislation.Overseeing three separate teams of c100 resources (one of which offshore), managed day-to-day delivery against targets, liaising with wider project team and external legal counsel. Following successful delivery of programme outcomes, supported transition of RFI DD capability into new BAU team.

London, United Kingdom

Led the review of the Finance target operating model following Banco Sabadell’s acquisition of TSB – the main aims of which were to identify potential gaps in the operating and financial reporting control frameworks ahead of transitioning to the parent company banking platform. After agreeing a set of target state processes, ran workshops with each functional area to review the proposed operating model and financial reporting control requirements – enabling gaps to be identified and book of work to be defined to transition smoothly on to the new platform.

London, United Kingdom

Project Manager for multiple Risk and Control Assessments (RCAs) across Commercial Banking, Credit Risk and Regulatory Reporting. Also supported the creation of a first-line assurance function to support the divestiture of the Williams & Glyn business.

London, United Kingdom

Supported the analysis of target state capabilities against the current change portfolio before identifying opportunities to achieve the target state FTE and cost profile.Set up and led a cross-functional team to investigate reference data misalignment issues between statutory and RWA/regulatory reporting for the Mortgages business.

London, United Kingdom

 Project Manager on this multi-year programme to design and implement a new operating model across Finance and Operations for the reconciliation and reporting of internal and inter-company trades. Following the initial design phase, led the implementation of the inter-company component, successfully on-boarding multiple Front Office systems onto the new reconciliation platform.

London, United Kingdom

Manager in the Finance Advisory service area of the Consulting practice, advising Financial Services clients on all aspects of finance function performance, or delivering broader transformational change as part of a multi-disciplinary team. Specialist delivery areas included finance transformation, planning & budgeting, process improvement, post-merger integration, shared services and off-shoring, risk and capital (incl. Basel 2) and control remediation.Clients included Lloyds Banking Group, Barclays, Aviva and Prudential, plus multiple other leading corporate businesses. In an internal role, led the development of the Deloitte Finance Transformation methodology, subsequently rolled out across the EMEA practice.

Finance Business Partner in the global R&D Finance organisation, providing financial analytical support to the business. Responsibilities included monthly reporting, budgeting & forecasting, project appraisal, cost analysis and modelling.

Managerial & Administrative Studies, Management & Accounting

Associate Chartered Management Accountant (Acma)