IT Program Director (Divestiture)
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Overview
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.
Role Overview
The IT Program Director plays a critical leadership role in overseeing complex, cross-functional programs related to business divestitures, mergers, and acquisitions. Reporting to the VP, Divest Lead - Technology, this role is responsible for orchestrating the successful separation and integration of business units, ensuring alignment across technology and non-technology workstreams. The IT Program Director will lead a portfolio of strategic initiatives, including the oversight of Project Managers, and will be accountable for delivering seamless transitions with minimal disruption to business operations.
Responsibilities & Deliverables
- Program Leadership & Strategy: Lead end-to-end planning and execution of divestiture and M&A programs, including IT separation, integration, and transition service agreements (TSAs).
- Develop and maintain comprehensive program roadmaps, timelines, budgets, and resource plans.
- Ensure strategic alignment with corporate objectives and transformation goals.
- Cross-Functional Oversight: Oversee both technology-focused (e.g., infrastructure, enterprise applications, cybersecurity) and non-technology workstreams (e.g., HR, Finance, Legal, Customer).
- Coordinate with workstream leads to ensure timely delivery of milestones and risk mitigation.
- Stakeholder Engagement: Act as the primary liaison between executive sponsors, business unit leadership, external advisors, and acquiring organizations.
- Facilitate steering committees, executive updates, and stakeholder communications.
- Risk & Compliance Management: Identify and manage risks across IT and business domains, including data integrity, regulatory compliance (e.g., GDPR), and cybersecurity.
- Ensure all program activities meet legal and contractual obligations.
- Technology Leadership: Guide the disentanglement and migration of IT systems, data, and infrastructure.
- Oversee the establishment of independent IT environments for divested entities.
- Ensure continuity of operations and post-separation support.
- Change Management & Communication: Develop and implement change management strategies to support impacted employees and customers.
- Deliver training, communications, and support materials to facilitate adoption of new systems and processes.
- Performance & Continuous Improvement: Track and report program performance using dashboards and KPIs.
- Capture lessons learned and contribute to the continuous improvement of divestiture and M&A practices.
Qualifications
- Bachelor’s or Master’s degree in Information Technology, Business, or related field.
- Extensive experience in leading divestiture, M&A, or large-scale transformation programs.
- Proven track record in managing cross-functional teams and complex project portfolios.
- Deep understanding of IT infrastructure, enterprise applications, cloud platforms, and data migration.
- Strong knowledge of regulatory compliance, risk management, and legal frameworks in transitional environments.
- Formal project/program management certification (e.g., PMP, PRINCE2, Agile) preferred.
Core Competencies
- Strategic thinking and business acumen
- Exceptional stakeholder management and communication skills
- Strong leadership presence and decision-making ability
- Resilience and adaptability in high-pressure environments
- Financial and contractual oversight
- Technical aptitude across IT systems and platforms
Benefits
- Flexibility: Unlimited vacation (based on location and business priorities), hybrid working arrangements, and inclusive policies such as paid time off for voting, bereavement, and sick leave.
- Well-being: Confidential one-on-one therapy through our Employee Assistance Program, unlimited coaching via our coaching app, and access to Gather Groups for emotional and mental support.
- Medical, life & disability insurance, retirement plan, lifestyle and other benefits*
- ESG: Paid time off for volunteering and donation matching.
- DEI: Multiple DE&I groups for open involvement (e.g., Count Me In, Culture@Finastra, Proud@Finastra, Disabilities@Finastra, Women@Finastra).
- Career Development: Online learning and accredited courses through our Skills & Career Navigator tool.
- Recognition: Finastra Celebrates and regular employee surveys to help shape Finastra and foster engagement.
- 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!
- Location:
- London, England, United Kingdom
- Salary:
- £200,000 +
- Job Type:
- FullTime
- Category:
- Management & Operations