Project Management Officer

Role Overview

This contract PMO role is based in the London Area and supports major change initiatives within a banking setting. The position is centred on programme reporting, financial oversight, and budget control, with a strong emphasis on tracking delivery progress, financial performance, and key milestones.

You will serve as a central point of coordination between delivery teams, finance, and senior leadership, helping to improve visibility, control, and decision-making across a complex portfolio of change programmes.

Programme and Portfolio Reporting

• Prepare clear weekly and monthly programme updates, including RAID, milestone, and status reporting.
• Build and update programme dashboards showing KPIs, RAG indicators, and financial measures.
• Bring together information from multiple workstreams to create concise, leadership-ready insights.
• Keep reporting accurate, consistent, and aligned with governance expectations.

Financial Reporting and Programme Finance

• Monitor programme budgets, forecasts, and actual spend.
• Create financial reports covering burn rate, variances, forecasts, and cost tracking.
• Partner with Finance to align programme financial information with corporate reporting timelines.
• Spot financial risks, overspend, and cost pressure, and recommend ways to reduce them.
• Support tracking of business cases and reporting on benefits realisation.
• Maintain financial controls, including cost approvals, purchase order tracking, and invoice oversight.

Governance and Controls

• Put in place and maintain strong PMO governance structures.
• Ensure work complies with banking regulatory obligations and internal control standards.
• Manage RAID logs covering risks, assumptions, issues, and dependencies.
• Support programme boards and steering committees with accurate reporting packs.

Stakeholder Management

• Work with senior stakeholders such as Programme Directors, Finance, Risk, and Delivery Leads.
• Convert complex information into practical and easy-to-understand insights.
• Challenge and influence stakeholders where financial accuracy and reporting quality need improvement.

Planning and Tracking

• Assist with programme planning, including resource monitoring and capacity planning.
• Track progress against milestones and financial plans.
• Make sure delivery plans and financial forecasts remain aligned.

Key Skills and Experience

Applicants should bring strong PMO experience from banking or financial services, along with a solid background in financial reporting, budgeting, and programme financial management. Advanced Excel capability is essential, including pivot tables, financial modelling, and forecasting. Experience preparing senior-level reporting packs and dashboards is also required, together with a strong grasp of programme governance frameworks and excellent analytical and data interpretation skills.

Desirable Experience

Useful but not essential experience includes working with tools such as Clarity PPM, MS Project, Power BI, or Tableau. Familiarity with PRA and FCA regulatory environments, exposure to large transformation or regulatory change programmes, and professional certifications such as PRINCE2, MSP, or P3O would be advantageous.