Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead IT projects for business separation, ensuring smooth transitions and minimal disruption.
- Company: Join Finastra, a global leader in open finance software, committed to diversity and inclusion.
- Benefits: Enjoy unlimited vacation, hybrid work options, and comprehensive well-being support.
- Why this job: Be part of impactful projects that enhance financial inclusion while working in a vibrant, diverse culture.
- Qualifications: Experience in IT project management, especially in divestitures, with strong communication and analytical skills.
- Other info: This is a fixed-term contract role with potential for extension.
The predicted salary is between 43200 - 72000 £ per year.
IT Project Manager (Business Divestiture)
Join to apply for the IT Project Manager (Business Divestiture) role at myGwork – LGBTQ+ Business Community
IT Project Manager (Business Divestiture)
3 days ago Be among the first 25 applicants
Join to apply for the IT Project Manager (Business Divestiture) role at myGwork – LGBTQ+ Business Community
This job is with Finastra, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
Who are we?
At Finastra, we are a dynamic global provider of open finance software solutions, dedicated to expanding access to financial services. Our innovative applications span Lending, Payments, Treasury and Capital Markets, and Universal Banking. Proudly serving over 8,000 customers, including 45 of the world\’s top 50 banks, we aim to boost financial inclusion for all. Join us and be part of a vibrant company that embraces diverse perspectives, and is committed to doing well by doing good.
Position Summary
The IT Project Manager for Business Divestiture & Separation is a pivotal role responsible for a sub workstream (network/infrastructure, enterprise applications or business applications) of the IT-related aspects of separating a divested business unit from its group parent company. This position requires a strategic thinker and a hands-on leader with experience in complex, high-stakes projects involving significant system, infrastructure, and data disentanglement. The IT Project Manager ensures minimal business disruption, manages risk, and guarantees that the separated entity is technologically independent and operationally sound by the end of the transition.
Note: This is a fixed-term contract position with an expected contract length of 9-12 months, with the possibility of extending beyond that
Key Responsibilities & Deliverables
- Project Leadership & Planning
- Develop and manage the overall IT separation project plan, including milestones, deliverables, dependencies, timelines, and resource allocation.
- Define and implement the roadmap for IT disentanglement, ensuring all transition activities are coordinated effectively with business and group stakeholders.
Stakeholder Management
- Engage and communicate with a wide range of stakeholders including business unit leaders, group parent IT, divestiture project leads, third-party vendors, and regulatory bodies.
- Facilitate workshops, steering committees, and status meetings to keep all parties informed and aligned.
- Act as primary liaison between IT teams of the parent group and the divested business.
Separation Execution
- Map, analyse, and document all current IT assets, systems, applications, integrations, and data flows between the parent company and the business to be divested.
- Lead the migration, recreation, or decommissioning of systems as necessary, ensuring continuity of business operations.
- Oversee the establishment of new IT infrastructure for the separated business, or adaptation of existing infrastructure for independent operation.
- Develop and implement plans for data migration, transfer of licenses, and disentanglement of shared platforms or environments.
Risk & Issue Management
- Identify, assess, and mitigate risks associated with the IT separation, with special consideration for data integrity, cybersecurity, and regulatory compliance.
- Maintain issues logs, escalate critical blockers, and implement contingency measures as required.
Regulatory & Compliance
- Ensure that all IT activities meet legal, regulatory, and contractual obligations, including data protection laws (e.g., GDPR), software licensing, and information security standards.
- Manage transition service agreements (TSAs) and ensure fulfilment of IT-related commitments during and after the separation.
Budget & Resource Management
- Develop, monitor, and report on project budgets. Ensure cost-effective delivery of all IT separation activities.
- Secure, allocate, and manage internal and external IT resources, including third-party consultants or service providers.
Change Management & Communication
- Develop and deliver comprehensive change management plans to support users and stakeholders through the transition.
- Create and distribute regular project communications, updates, and training materials to ensure smooth adoption of new systems and processes.
Post-Separation Support
- Establish and manage post-separation IT support and service levels for the divested business.
- Define and deliver hypercare period support and ensure knowledge transfer to permanent staff as required.
Required Skills & Experience
- Proven experience as an IT Project Manager in business divestiture, carve-outs, mergers, or large-scale transformation programs.
- Demonstrated ability to manage complex, cross-functional projects under tight deadlines.
- Expertise in IT infrastructure, enterprise applications, cloud platforms, and data migration.
- Strong knowledge of cybersecurity, regulatory compliance, and risk management in transitional environments.
- Outstanding stakeholder engagement, negotiation, and communication skills at all levels of an organisation.
- Experience managing budgets, resources, and third-party vendors or consultants.
- Sharp analytical and problem-solving abilities, with a proactive and results-driven approach.
- Formal project management certification (e.g., PMP, PRINCE2, Agile) highly desirable.
- Bachelor\’s or Master\’s degree in Information Technology, Computer Science, Business, or a related field.
Benefits
We are proud to offer a range of incentives to our employees worldwide. These benefits are available to everyone, regardless of grade, and reflect the values we uphold:
- Flexibility: Enjoy unlimited vacation, based on your location and business priorities. Hybrid working arrangements, and inclusive policies such as paid time off for voting, bereavement, and sick leave.
- Well-being: Access confidential one-on-one therapy through our Employee Assistance Program, unlimited personalized coaching via our coaching app, and access to our Gather Groups for emotional and mental support.
- Medical, life & disability insurance, retirement plan, lifestyle and other benefits*
- ESG: Benefit from paid time off for volunteering and donation matching.
- DEI: Participate in multiple DE&I groups for open involvement (e.g., Count Me In, , , , ).
- Career Development: Access online learning and accredited courses through our Skills & Career Navigator tool.
- Recognition: Be part of our global recognition program, Finastra Celebrates, and contribute to regular employee surveys to help shape Finastra and foster a culture where everyone is engaged and empowered to perform at their best.
- Specific benefits may vary by location.
At Finastra, each individual is unique, bringing their own ideas, thoughts, cultural beliefs, backgrounds, and experiences together. We learn from one another, embrace and celebrate our differences, and create an environment where everyone feels safe to be themselves.
Be unique, be exceptional, and help us make a difference at Finastra!
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Project Management and Information Technology
Referrals increase your chances of interviewing at myGwork – LGBTQ+ Business Community by 2x
Sign in to set job alerts for “Information Technology Project Manager” roles.
London, England, United Kingdom 3 weeks ago
London, England, United Kingdom 4 days ago
London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 2 weeks ago
Senior Technology Project Manager (Integration &AI ) – 12 month FTC
London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 4 days ago
Technical Program Manager, Core Infrastructure/Capacity Planning, Global Network Planning
London, England, United Kingdom 1 week ago
London, England, United Kingdom 4 days ago
Founding Team: Operations / Technical Project Manager (Hardware Fleet), London
London, England, United Kingdom 5 days ago
Technical Project Manager – Live Event Production
Senior Project Manager – Strand, London, WC2R 2LS
London, England, United Kingdom 2 days ago
Senior Project Manager – Strand, London, WC2R 2LS
London, England, United Kingdom 2 days ago
Technical Project Manager – AI & Machine Learning Research
Senior Engineering Project Manager, UK field Engineering Team
London, England, United Kingdom 1 week ago
Workday Technical Project Manager (Finance)
London, England, United Kingdom 4 months ago
Principal Technical Project Manager (Divestitures/Mergers)
London, England, United Kingdom 1 week ago
Senior Project Manager (ESG / Sustainability) – Data Centre
Technical Program Manager – AI Research Projects
London, England, United Kingdom 16 hours ago
IT Project Manager (Business Divestiture)
London, England, United Kingdom 4 days ago
Technical Delivery Manager – Higher Education
London, England, United Kingdom 1 week ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 1 week ago
Lead Technical Program Manager – Corporate and Governance Tech – Vice President
London, England, United Kingdom 20 hours ago
London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 1 week ago
Program and Business Manager -Transformation Office
London, England, United Kingdom 2 weeks ago
Meetings and Events Senior Project Co-ordinator
London, England, United Kingdom 1 day ago
Senior Project Manager, Clinical Research & Digital Health
London, England, United Kingdom 1 month ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
IT Project Manager (Business Divestiture) employer: myGwork - LGBTQ+ Business Community
Contact Detail:
myGwork - LGBTQ+ Business Community Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IT Project Manager (Business Divestiture)
✨Tip Number 1
Familiarise yourself with the specific challenges of IT project management in business divestitures. Understanding the nuances of separating IT systems and data flows will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals who have experience in IT divestiture projects. Engaging with industry peers can provide insights and potentially lead to referrals, which can significantly boost your chances of landing the job.
✨Tip Number 3
Prepare to discuss your previous experiences managing complex projects under tight deadlines. Highlighting your problem-solving skills and ability to manage risks will resonate well with the hiring team.
✨Tip Number 4
Showcase your knowledge of regulatory compliance and cybersecurity in transitional environments. Being well-versed in these areas is crucial for the role and will demonstrate your readiness to tackle the responsibilities involved.
We think you need these skills to ace IT Project Manager (Business Divestiture)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in IT project management, particularly in business divestiture or similar projects. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the challenges involved in IT separation projects. Mention specific skills and experiences that align with the responsibilities outlined in the job description.
Highlight Stakeholder Management Skills: In your application, emphasise your experience in engaging with various stakeholders. Provide examples of how you've successfully communicated and collaborated with different teams in past projects.
Showcase Problem-Solving Abilities: Include examples in your application that demonstrate your analytical and problem-solving skills, especially in high-stakes environments. This will help illustrate your capability to manage risks and issues effectively.
How to prepare for a job interview at myGwork - LGBTQ+ Business Community
✨Understand the Role
Make sure you thoroughly understand the responsibilities of the IT Project Manager for Business Divestiture. Familiarise yourself with the key aspects of project leadership, stakeholder management, and risk management as outlined in the job description.
✨Showcase Relevant Experience
Prepare to discuss your previous experience in managing complex IT projects, particularly those involving business divestitures or transformations. Highlight specific examples where you successfully led similar initiatives and the outcomes achieved.
✨Engage with Stakeholders
Demonstrate your ability to engage with various stakeholders by preparing questions that reflect your understanding of their roles and concerns. This shows that you value collaboration and are ready to facilitate effective communication.
✨Prepare for Technical Questions
Expect technical questions related to IT infrastructure, data migration, and compliance. Brush up on your knowledge of cybersecurity and regulatory requirements, as these are crucial for the role and will likely come up during the interview.
