Global Banking - Chief Operating OfficerPosted on May 07, 2022 Apply for this job your email: upload resume: Profile,AnswerValue:We currently have a fantastic opportunity to join Au0026amp;O as our u003cstrongu003eGlobal Banking Chief Operating Officeru003c/strongu003e.u0026nbsp; This role willu0026nbsp;work with the Global Banking Practice Partners to achieve the strategic aims of the business.u003cbru003eu003cbru003eu003cstrongu003eRole and responsibilitiesu003c/strongu003eu003cbru003eu003cuu003eGlobal Banking Practice Groupu003c/uu003eu003culu003eu003cliu003eAs a member of the Global Banking management team, taking a lead role in the development and implementation of the Global Banking Strategy. Agreeing and prioritising issues for the Co-heads of Global Banking.u003c/liu003eu003cliu003eProviding analysis and consistent financial reporting and control to the Co-heads of Global Banking, highlighting areas for development as well as areas of concern, recommending and implementing necessary actions required to address these. As appropriate, liaising with heads of Banking in offices around the network, including where appropriate visiting offices to review strategy and performance.u003c/liu003eu003cliu003eReviewing the budgets and investment plans submitted by the Banking groups globally and provide feedback to the Co-heads of Global Banking and the Group Finance team. Liaising with heads of Banking across the regions or offices and with the local finance managers.u003c/liu003eu003cliu003ePreparing and assessing business cases for lateral partner proposals and financial projections of proposed partner promotions and equity progression.u003c/liu003eu003cliu003eProviding guidance on equity planning, allocation of discretionary points, and management in the wider Banking practice.u003c/liu003eu003cliu003eManaging the global Banking partner compensation process, including advising on proposals, drafting memos and reviewing and moderating proposals across the other practice groups for consistency in conjunction with other COOs.u003c/liu003eu003cliu003eSupporting the partner review process globally, providing financial analysis and preparing review meeting minutes.u003c/liu003eu003cliu003eMember of the Global Banking PSCu003c/liu003eu003cliu003eHelping to prepare our internal Banking partner candidates for the firm’s partnership selection process on topics such as financial metrics, billing, staff retention, staff development, conflicts, client selection, equity models and diversity.u003c/liu003eu003cliu003eLeading key strategic projects for the Global Banking practice, and coordinating Banking participation in firmwide projects.u003c/liu003eu003cliu003eOrganising the annual Global Banking Partners meeting, providing ideas for agenda topics, speakers and breakout sessions, and planning and managing the event itself.u003c/liu003eu003cliu003eCoordinating the Banking pro bono strategy and helping to drive increase in legal pro bono and community affairs engagementu003c/liu003eu003cliu003eOversight of the formal resource allocation team and driving improvements in resource allocation across Bankingu003c/liu003eu003cliu003eTraining –proactively sharing knowledge and regularly presenting on financial information, profitability and approaches to pricing; including centrally organised Associate training sessions.u003c/liu003eu003c/ulu003eu003cuu003eManagement role in London Bankingu003c/uu003eu003culu003eu003cliu003eEnsure the London Banking objectives are aligned with the Global Banking Strategy.u003c/liu003eu003cliu003eEnforce financial discipline among partners and the wider practice. In particular ensuring billing targets are met, collections are timely and older debts are chased, headcount control and Resource Planning Committee approvals and promotion of the use of alternative resourcing where appropriate.u003c/liu003eu003cliu003eFinancial reporting – providing relevant and clear financial information to partners, highlighting areas of concern and recommending actions required to improve.u003c/liu003eu003cliu003eDriving the Investment Planning process within London Bankingu003c/liu003eu003cliu003eResourcing – supporting partners having difficulties in resourcing matters. Specifically helping to provide resourcing solutions by using their internal network of other practice groups, offices and Peerpoint contacts and negotiating with other partners to provide capacity.u003c/liu003eu003cliu003eDriving the budgeting process for London Banking.u003c/liu003eu003cliu003eBusiness Continuity Plan owner for London Banking, leading a team to implement Banking’s business recovery co-ordination.u003c/liu003eu003cliu003eReview of office of space requirements for the practice and liaising with Business Services to ensure we are making efficient use of our space and that it meets our needs.u003c/liu003eu003cliu003eWorking with HR to support moderation of associate performance and bonus modelling for Banking.u003c/liu003eu003cliu003eLeading the support team for London Banking and ensuring coordination between Finance, BD, HR, IT and the Group Manager.u003c/liu003eu003c/ulu003eu003cuu003eWider involvement in the firmu003c/uu003eu003culu003eu003cliu003eTaking a lead role in firm wide initiatives such as the hiring of groups of lateral partners and the opening new officesu003c/liu003eu003cliu003eAs a senior member of support staff and a member of the support staff faculty, take an active role in firm programmes such as the Emerging Leaders development workshops, and support staff development programmes.u003c/liu003eu003cliu003eTake minutes at firm wide lateral partner interviews.u003c/liu003eu003cliu003eAs required, lead other firm projects which require senior support leadership.u003c/liu003eu003c/ulu003eu003cstrongu003eDirect Reportsu003c/strongu003eu003culu003eu003cliu003eFinance Analyst / Business Manager for Bankingu003c/liu003eu003cliu003eGlobal Banking Practice Manageru003c/liu003eu003cliu003eSenior Manager – Work Allocationu003c/liu003eu003c/ulu003eAllen u0026amp; Overy LLP is committed to being an inclusive employer and we are happy to consider flexible working arrangements. u003cspan style=color:#ffffff;\u003eINDSJu003c/spanu003eu003cbru003eu003cbru003eu003cimg tabindex=u00270u0027 alt=\ src=**** style=width: 576px; height: 150px;\u003e, **_Excited to grow your career?_**We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. 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