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Recovery and Resolution Planning (RRP)

A Multinational Bank and Financial Services Org.

Objective

Alba Partners successfully partnered with a global systematically important bank to mobile and run the global programme for a large-scale regulatorily- driven delivery with an annual budget of USD £90m, which engaged over 450 people.

Alba Partners Solution

  • The mobilisation of the Project Management Office including the establishment of premium level PMO standards, the documentation of initial RAIDS, the preparation of the business case, the submission of funding requests and a high-level plan

 

  • The ongoing management of the Project Management Office which included conducting regular management calls and holding workstreams accountable for delivery throughout

 

  • Facilitated regular control forums to address risks, issues, dependencies and assumptions ensuring effective communication and proactive management of potential challenges within the programme

 

  • The management of project financials throughout delivery to sustain control over the overall project spend

 

  • The management of the utilisation of suppliers on the programme, including major consultancies, legal firms, internal IT and contractors

Outcome

  • Enabled our client to achieve their regulatory deadlines within the targeted timelines

     

  • The required set of capabilities were delivered to demonstrate their readiness for resolvability

     

  • The client’s capabilities were effectively transitioned to BAU teams

 

  • The programme was delivered within the initial budget goal set

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