Summary
Overview
Work History
Career Overview
Education
Skills
Current Company
Current Remuneration Package
Expected Remuneration Package
Courses Certificates
Tools Technologies
Employment Equity Status
Resides
Personal Information
Software
Timeline
Farhana Sayed

Farhana Sayed

Management Consultant | Strategy Enabler, Organizational Transformer, Portfolio, Programs, Projects
Roodepoort,Gauteng

Summary

Results-driven Management Consultant adept at helping companies improve operational efficiency, team productivity and employee motivation. Hands-on leader with exceptional organizational, critical thinking and prioritization skills. Possessing 30 years of related experience and passion for contributing to business success.

Overview

33
33
years of professional experience

Work History

Management Consultant

ResQ Management Consulting (Pty) Ltd
03.2023 - Current

Strategy enablement

  • Identified key performance indicators, enabling clients to monitor progress towards business objectives.
  • Enhanced client satisfaction by providing exceptional customer service and timely project completion.
  • Produced detailed and relevant reports for use in making business decisions.
  • Conducted thorough reviews of operations to devise and deploy improvement strategies.

Organizational transformation

  • Conducted thorough assessments of clients'' operational structures, recommending actionable steps for improvement.
  • Evaluated current processes to develop improvement plans
  • Leveraged on-site observation and personal interviews to identify team and individual strengths.
  • Optimized resource allocation by identifying inefficiencies and implementing cost-saving measures.
  • Reviewed internal systems and organized training plans to address areas in need of improvement.
  • Provided expert guidance on change management initiatives, leading to successful business transformations.
  • Streamlined client operations by implementing process improvements and organizational restructuring.
  • Evaluated diverse organizational systems to identify workflow, communication, and resource utilization issues.
  • Increased employee satisfaction and motivation through training classes, meetings and special workshops.

Portfolio, Programme, Project management advisory, delivery, consulting

  • Managed complex projects from inception to completion, ensuring timely delivery within budget constraints.
  • Delivered tailored solutions for clients in various industries, addressing unique challenges and needs.
  • Enhanced client satisfaction by providing exceptional customer service and timely project completion.

Risk assessment and mitigation recommendations for inflight projects

  • Advised clients on risk management strategies, mitigating potential threats to their businesses'' stability.
  • Created and optimized records management strategies to coordinate and protect information.

Setting up of Project Management Office (PMO) structure and implementation

  • Evaluated the business' requirements based on existing inflight projects, potential projects and identified delivery risks
  • Evaluated resource technical and behavioral skillsets
  • Provided holistic report and roadmap to enable a PMO within the organisation
  • Supported the organisation in adopting a PMO mindset

Conflict Management

  • Facilitated client negotiations resulting in mutually beneficial agreements and long-term partnerships.
  • Developed strong relationships with key stakeholders at all organizational levels, fostering collaboration across departments.
  • Improved communication at all levels and transformed company culture into more productive atmosphere.
  • Mentored junior consultants in effective communication techniques, analytical skills development, and problem-solving methodologies.

Strategic Portfolio Manager – OMAR EPMO

Old Mutual Africa Regions
11.2019 - 02.2023
  • Strategic Portfolio enabler for Old Mutual Africa Regions (OMAR),
  • Ensured effective delivery of Initiatives,
  • Project prioritization, budgets and maturing benefits realization framework to improve project investment returns,
  • Support of effective customer and intermediary experiences,
  • Creation of delivery structures across countries to support the change portfolios,
  • Identifying execution risk trends across OMAR and managed mitigation plans across Enablers,
  • Ensured soundness of Control Environment
  • Proactively communicated changes in market conditions that warranted adjustments within portfolios, minimizing potential losses or missed opportunities.
  • Continuously refined investment processes, incorporating the latest industry best practices for optimal results.
  • Negotiated favorable terms with external service providers to reduce costs while maintaining high-quality services for clients.
  • Enhanced portfolio performance by implementing effective investment strategies and risk management techniques.
  • Participated in internal committees focused on improving firm-wide policies, leading discussions on best practices in portfolio management.
  • Streamlined reporting procedures for greater efficiency in communicating portfolio updates to clients.
  • Mentored junior team members, sharing knowledge on portfolio management techniques and fostering professional development.
  • Strengthened client relationships, conducting regular meetings to review portfolio performance and address concerns.
  • Implemented robust compliance measures to adhere to regulatory requirements while managing client assets effectively.
  • Conducted due diligence on prospective investments, ensuring alignment with clients'' risk tolerance levels and financial objectives.
  • Presented detailed reports on portfolio performance, highlighting key drivers of growth and areas of improvement.
  • Reduced risk exposure by monitoring market developments and adjusting investment strategies accordingly.
  • Communicated market developments, portfolio changes and annual performance information to clients.
  • Facilitated portfolio performance review and implemented new strategies.
  • Complied with established internal controls and policies.
  • Evaluated and negotiated contracts to procure favorable financial terms.
  • Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
  • Improved overall financial reporting by streamlining control processes and reporting structures.
  • Analyzed business processes to identify cost savings and operational efficiencies.
  • Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
  • Collaborated with C-level executives and stakeholders to develop long-term financial plans.

Lead Technology Partner (RoA Fraud & Credit Risk)

Absa Bank
02.2017 - 12.2018
  • Team Lead within Africa Technology Retail and Business Bank BU with complete accountability for the development and end-to-end delivery of IT strategy and architecture,
  • IT Services and change programmes,
  • Defined and executed the IT strategy for the specific Technology BU platforms enabling the change teams to deliver world class, sustainable business solutions and applications,
  • Accountable for senior stakeholder relationships with business units, Conducted all communication between stakeholders,
  • Accountable for team management and performance,
  • Owned and drove the successful delivery of programme/projects to plan, budget and quality and governance standards,
  • Managing systems physical site migration & upgrade of software,
  • Decommissioning of legacy applications,
  • Collaborated with colleagues and support staff to maximize team efficiency.
  • Liaised between partners and internal stakeholders to resolve conflicts.
  • Evaluated productivity and quality of service and made recommendations for improvement to reach firm's short-term and long-term goals.
  • Networked with other professionals and organizations to expand contacts and opportunities.
  • Prepared and presented reports on status of projects and initiatives.
  • Effectively manage third party and Vendor relationships

Programme Manager – Money Transfers SA & ROA

Standard Bank
07.2015 - 01.2017
  • This was the Emerging Payments department where payment innovations were initiated and delivered across SA and Rest of Africa. Remittances, Digital wallets and digital cards projects delivery by utilising existing software, enhancing digital channels to allow processing of the new products
  • Developed detailed plans based on broad guidance and direction.
  • Planned, created, tested and deployed system life cycle methodology to produce high quality systems to meet and exceed customer expectations.
  • Established team priorities, maintained schedules and monitored performance.
  • Successfully managed budgets and allocated resources to maximize productivity and profitability.
  • Managed unpacking Business requirements for onward translation to the technical build team
  • Unpacked the processes and procedures for the new product
  • Managed vendor and legal management with Mastercard, VISA and other vendors for their input and requirements
  • Achieved AGILE product development and delivery to meet market launch dates. AGILE build of on-the-go software
  • Maintained compliance by ensuring architectural review of existing remittances vs future remittances
  • Managed AGILE testing and soft launch of products
  • Managed marketing of the product and launch campaigns for the Digital wallet and unpacked Customer experience (CX)
  • Accomplished multiple tasks within established timeframes.
  • Developed and maintained relationships with customers and suppliers

Programme Manager – Africa Transform - Reconciliations

Standard Bank
08.2014 - 07.2015
  • This was a Business strategic programme to mplement a reconciliation strategy across RoA
  • Review of existing people, process and technology related to the overall Reconciliation Business
  • Reduced operational costs through comprehensive process improvement initiatives and resource management
  • Creation of new Target Operating Model (TOM)
  • Streamlined workflows by identifying bottlenecks in existing systems and proactively addressing these challenges through appropriate solutions implementation.
  • Standardization of business processes and technology across related business units
  • Established robust risk mitigation strategies to safeguard against potential operational challenges or disruptions.
  • Led change management initiatives to drive organizational transformation without compromising employee morale or productivity levels.
  • Documentation of enhanced processes, procedures, training manuals
  • Ensuring end user training was successful and signed off
  • Technical L1/L2 training provisioned
  • Facilitated successful cross-functional collaborations for the completion of key projects, fostering strong working relationships among team members.

Programme Manager – Group Technology Operations (Infrastructure)

Standard Bank
07.2013 - 07.2014
  • Feasibility study to undertake a Mainframe migration i.e. Relocation of the Mainframe from one datacenter to another
  • Faciliated multiple technical workshops with multi-skilled teams to unpack risks and mitigation strategies
  • End result was an upfront saving of R250m to the Bank and identification of various dependency projects that needed to commence in order to migrate the mainframe from Riversand to Samrand data centers
  • Database Consolidation and Upgrades of SQL, DB2 and Oracle DB
  • All database projects ran in parallel
  • Multiple teams were co-ordinated across the Bank
  • Successfully decommissioned unused dbs and servers
  • Updated the Bank’s control points with the updated information

Programme Manager (Group Information Security)

Standard Bank
02.2013 - 06.2013
  • Management of multiple projects relating to GIS risk identification and mitigation across the bank
  • Vendor contractual negotiations and management
  • Interaction with application owners across the Bank
  • Programme was halted due to restructure within the Organisation

Programme Delivery Manager – Calypso Trading platform

Standard Bank
10.2010 - 01.2013
  • Successfully led the implementation of a new application (Calypso) for Global Markets, Global Market Operations, Credit Risk, Market Risk and Finance for Rest of Africa Corporate Investment Banking (CIB) -
  • 12 countries were delivered to
  • Co-ordinated teams across 8 countries at any one point,
  • Multiple travels to various African countries for roadshows to obtain buy-in, explain the product, the impact and then maintaining these relationships with all countries until the product was implemented in that market
  • Built many relationships during this time which led to the success of the programme

Project Manager of Testing – Finnacle Core Banking Implementation

Standard Bank
01.2010 - 10.2010
  • Initiation, management and implementation of a vendor-based testing solution for the Core Banking Programme
  • Stakeholder management at Executive level within Standard Bank and external Vendors was key during this time
  • 42 (and growing) affected applications owners and technical teams were identified and negotiated with for their deliverables to the programme
  • WIPRO contract was initiated and negotiated at length to ensure that full coverage of Bank’s requirements were met both functionally and non-functionally
  • Testing was required to mitigate any risks that the Bank may face
  • Was instrumental in identifying overall programme risks and gaps
  • Was instrumental in ensuring that testing timelines were provisioned for in the end delivery plans

Management Consultant

Software Testing Solutions
01.2009 - 11.2009
  • Performed quality assessments on testing departments
  • Conduct evaluation workshops with key stakeholders and various project team
  • Analysis of current systems development lifecycle
  • Analysis of current testing process/methodology
  • Analysis of current release management process and governance controls
  • Analysis of environment management policies
  • Analysis of current defect management process
  • Analysis of change management process
  • Analysis of security and access control procedures
  • Analysis of production support calls and history of production defects
  • Analysis of current Test Tools and suitable test tools
  • Understood and defined processes and solutions within the organization
  • Project managed the implementation of these processes and solutions in a team environment
  • Unpacked the business domain
  • Participated in solution definition and strategy formulation
  • Prepared business cases to validate benefit

IT Project Manager in CIB

Standard Bank
10.2007 - 12.2008
  • Project management of various projects in the Global Markets space
  • Vendor management of new applications landing in Corporate Investment Banking (CIB)
  • Implementation of new products
  • Stakeholder management
  • Budget management
  • Risk management
  • Resource management
  • Steerco chair

Software Test Manager in CIB

Standard Bank
01.2005 - 09.2007
  • Test Manager
  • Championed process improvements that led to significant reductions in defect rates across multiple projects.
  • Prepare test materials (test guidelines, procedures, templates) for functional areas use,
  • Improved software quality by implementing comprehensive test strategies and plans.
  • Monitor test planning progress and execution efforts,
  • Established metrics and KPIs for evaluating test effectiveness, driving continuous improvement efforts.
  • Facilitate and coordinate the development and execution of testing,
  • Identify test environment required,
  • Mentored junior testers, providing guidance on best practices and industry standards for quality assurance.
  • Review, Inspection, Walkthrough or Requirements Management process against BRS,
  • Reduced software release time by streamlining test processes, resulting in faster product launches.
  • Review Technical Requirements Specification for conformance to and coverage of the BRS if required,
  • Defined, created and controlled testing environments for successful software deliverables. Ensured that Test Lab/Test Environment is correctly configured and ready for error detecting test cycles,
  • Created detailed documentation of test cases, results, and bug reports, enabling efficient knowledge transfer among team members.
  • Directed teams completing regression tests to support successful product development stages.
  • Collaborated with cross-functional teams for seamless integration and end-to-end system testing.
  • Issue/defect management. Increased customer satisfaction by proactively identifying and resolving defects before they impacted endusers.
  • Implemented robust change management processes to minimize disruption during software updates or migrations.

Business Analyst CIB

Standard Bank
04.2003 - 04.2004
  • Business Analyst – Treasury Operations and Finance
  • Developed Business Requirements Specifications for the Derivative and Forex Back Office settlement and confirmations systems
  • Business input during System Design. Actively participated in team meetings to share knowledge, exchange ideas, address challenges, and collaborate on potential solutions
  • Performed gap analysis between existing systems or processes and desired state, identifying areas for improvement or enhancement
  • Optimized workflow processes to enhance overall productivity and achieve operational excellence
  • Developed test cases for execution during integration and UAT test cycles
  • Liaison between Back Office team and IT

Foreign Exchange CIB Back Office Operations

International Business Centre (LCs, FBCs, Guarantees)
09.1994 - 03.2003
  • Global Market Operations Team Lead, Spot and Forward Accounting
  • Implemented procedures and processes
  • Maintained up-to-date knowledge of relevant regulatory changes affecting the forex industry, ensuring full compliance at all times.
  • Released payments (SWIFT, manual, RTGS, Netting)
  • Spearheaded team training sessions, improving overall performance through shared expertise.
  • Approved confirmations (Mt300s/ Mt320s)
  • Provided exceptional customer service through timely follow-ups and prompt resolution of any issues, leading to increased client satisfaction and loyalty.
  • Ensured reconciliations of both Nostro and Vostro accounts
  • Conducted thorough due diligence to ensure compliance with financial regulations, protecting both clients and the firm from potential penalties or sanctions
  • International Trade Centre
  • Letters of credit, foreign bills for collections, guarantees,
  • Capturer of LCs, FBCs, GT. Collaborated with clients to maintain relationships and provide customers with thorough support and guidance.
  • Processing of Settlements
  • Addressing client queries on LCs, FBC, GT.
  • Communications officer

Various administration roles

Temporary Positions/ Part-time courses
01.1991 - 08.1994
  • Basic Bookkeeping (courses)
  • Office Routine (courses)
  • Admin/ Secretary (Part-time)
  • Part-time sales
  • Cashier (part-time)

Career Overview

  • 03/2023 - Current, ResQ Management Consulting (Pty) Ltd, Management Consultant, ZAR 73m, Various, -Structure and agility -Efficiencies created in the programme - plugged gaps in people, process and technology - streamlined spend
  • 11/2019 - 02/2023, Old Mutual Africa Regions, Strategic Portfolio Manager - OMAR EPMO, ZAR 500m, East Africa, West Africa, SADC, -per Country strategic objectives ie. To increase growth, retain customers
  • 02/2017 - 12/2018, Absa Bank, Lead Technology Partner (RoA Fraud & Credit Risk), ZAR 10m, South Africa impacting ROA, -Secured the card payments for ROA
  • 07/2015 - 01/2017, Standard Bank, Programme Manager - Money Transfers SA & ROA, ZAR 25m, South Africa impacting ROA, -Business transformation
  • 08/2014 - 07/2015, Programme Manager - Africa Transform - Reconciliations, Standard Bank, ZAR 5m, South Africa, -Business transformation on processes -Reconciliations achieved
  • 07/2013 - 07/2014, Programme Manager - Group Technology Operations (Infrastructure), Standard Bank, ZAR 150m, South Africa, -Cost saving of ZAR200m -Risks raised for migration and mitigations implemented
  • 02/2013 - 06/2013, Programme Manager (Group Information Security), Standard Bank, ZAR 50m, South Africa, -Identified weaknesses in the Bank’s overall cyber security
  • 10/2010 - 01/2013, Programme Delivery Manager – Calypso Trading platform, Africa Regions, ZAR 60m, Africa Regions, -Implemented a state of the art global Trading and management system -eliminated manual efforts
  • 01/2010 - 10/2010, Project Manager of Testing – Finnacle Core Banking Implementation, Africa Regions, ZAR 200m, Africa Regions, -Identified testing gaps -Revised the contract with the vendor -Structured the team for testing
  • 01/2009 - 11/2009, Software Testing Solutions, Management Consultant
  • 10/2007 - 01/2009, Standard Bank, IT Project Manager in CIB
  • 01/2005 - 09/2007, Standard Bank, Software Test Manager in CIB
  • 04/2003 - 04/2004, Standard Bank, Business Analyst CIB
  • 09/1994 - 03/2003, International Business Centre (LCs, FBCs, Guarantees), Foreign Exchange CIB Back Office Operations
  • 01/1991 - 08/1994, Temporary Positions/ Part-time courses, Various administration roles

Education

Management Advancement Programme - Management Advancement Programme

WITS Business School, Parktown North, South Africa
04.2001 -

Associate of The Institute of Bankers in SA - Banking And Financial Support Services

The Institute of Bankers in South Africa (CAIB)
04.2001 -

Diploma - Treasury Management And Trade Finance

The Institute of Bankers in South Africa
04.2001 -

High School Diploma -

MH Joosub Technical High School, Johannesburg, South Africa
04.2001 -

Lean Portfolio Management Course - Lean Portfolio Management

Old Mutual, Sandton

Scrum Master Certificate - Agile

Scrum Master, Sandton

Programme Management Practitioner - Programme Management

Snaptech, Sandton

PRINCE2 Practitioner - Project Management

SnapTech, Sandton

Software Testing Practitioner - Software Testing

Test And Data Services, Midrand

Skills

Professionalism

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Current Company

ResQ Management Consulting (Pty) Ltd

Current Remuneration Package

Market related

Expected Remuneration Package

Market related

Courses Certificates

  • Paralegal Institute, 2023 Paralegal course (in progress)
  • Old Mutual, 2022 Lean Portfolio Management
  • Old Mutual, 2022 Business Agility
  • Old Mutual, 2021 Scrum master certification
  • Old Mutual, 2021 Various leadership Udemy courses
  • Self-Learning Udemy, 2019: Scrum Master Case studies
  • Self-Learning Udemy, 2019: Agile with Scrum Master Advanced
  • Self-Learning Udemy, 2019: ITIL Foundation 2011
  • Self-Learning Udemy, 2019: Ultimate AWS Certified Solutions Architect Association
  • ABSA, 2018: SCRUM Mastery
  • ABSA, 2018: Leadership Self Mastery
  • PASA, 2016: Certificate in Foundation Payments
  • Standard Bank, 2015: SaFE methodology
  • Snap Tech, 2013: Programme Management Practitioner
  • Snap Tech, 2008: PRINCE2 Practitioner
  • Snap Tech, 2008: PRINCE2 Foundation
  • Test and Data Services - Information Systems Examinations Board, 2007: Software Testing Practitioner
  • Test and Data Services - Information Systems Examinations Board, 2005: Foundation Certificate in Software Testing
  • Test and Data Services - Information Systems Examinations Board, 2005: Practical Software Testing Advanced
  • Test and Data Services - Information Systems Examinations Board, 2005: Requirements Engineering Course
  • Institute of Bankers in South Africa, 2000: Certificate in Banking

Tools Technologies

  • Udemy
  • Coursera
  • TEAMS
  • Planning on TEAMS
  • MIRO
  • Workday
  • SmartSheets
  • Chase
  • MSP
  • Visio
  • Excel
  • Word
  • PowerPoint
  • SWIFT (Messaging system)
  • RTGS (ZAR Payment system)
  • Calypso (Front to Back trading platform in Africa)
  • Finacle (Retail processing)
  • Falcon (Debit card Fraud monitoring)
  • EPM
  • Jacada (SSO Dealers)
  • WCS (Foreign Notes)
  • Murex (Back Office System)
  • LCM (CLS matching and settlement)
  • Infinity (Paytrack)
  • OSD (Inhouse static data system)
  • Murex (Back office system)
  • Trade Finance (Depos/Loans and call accounting payments and reporting)
  • Creditease (VAF processing)
  • Navigator
  • Business Objects (reporting warehouse)
  • StorQM (Reporting system)
  • Inteli Match (Recons system)
  • Bank Trade (Intl Trade Services LC/FBC)
  • MERVA (Swift capturing)
  • Retail Forex (Forex Corporate Payments)
  • FEDS (Forex Dealing System)
  • Globus (Back Office processing)
  • Instinct (Fraud application monitoring)
  • SNOW (service now incident logging)
  • SAP (budget enquiries)
  • SharePoint
  • Jabber
  • APPLIX (raising work request)
  • Team Track (tracking changes)
  • Test Director/Quality Center (Testing tool)
  • JIRA (agile tool)
  • PPO (project portfolio office)
  • TEAMS / ZOOM (communication channels)

Employment Equity Status

Indian Female

Resides

Roodepoort, Gauteng

Personal Information

  • ID Number: 720713 0026 085
  • Notice Period: 1 week
  • Nationality: South African

Software

Microsoft Office

Microsoft Project

JIRA

Smartsheets

Chase

Workday

Visio

Navigator

Test Director Quality Center

PPO

Forex Dealing System (FEDS)

Operational Static Data (OSD)

RTGS

Calypso

Murex

Finacle

Falcon

LCM CLS settlement

EPM

Intellimatch

SWIFT

Retail Forex

SNOW Service Now

MIRO

Timeline

Management Consultant - ResQ Management Consulting (Pty) Ltd
03.2023 - Current
Strategic Portfolio Manager – OMAR EPMO - Old Mutual Africa Regions
11.2019 - 02.2023
Lead Technology Partner (RoA Fraud & Credit Risk) - Absa Bank
02.2017 - 12.2018
Programme Manager – Money Transfers SA & ROA - Standard Bank
07.2015 - 01.2017
Programme Manager – Africa Transform - Reconciliations - Standard Bank
08.2014 - 07.2015
Programme Manager – Group Technology Operations (Infrastructure) - Standard Bank
07.2013 - 07.2014
Programme Manager (Group Information Security) - Standard Bank
02.2013 - 06.2013
Programme Delivery Manager – Calypso Trading platform - Standard Bank
10.2010 - 01.2013
Project Manager of Testing – Finnacle Core Banking Implementation - Standard Bank
01.2010 - 10.2010
Management Consultant - Software Testing Solutions
01.2009 - 11.2009
IT Project Manager in CIB - Standard Bank
10.2007 - 12.2008
Software Test Manager in CIB - Standard Bank
01.2005 - 09.2007
Business Analyst CIB - Standard Bank
04.2003 - 04.2004
WITS Business School - Management Advancement Programme, Management Advancement Programme
04.2001 -
The Institute of Bankers in South Africa (CAIB) - Associate of The Institute of Bankers in SA, Banking And Financial Support Services
04.2001 -
The Institute of Bankers in South Africa - Diploma, Treasury Management And Trade Finance
04.2001 -
MH Joosub Technical High School - High School Diploma,
04.2001 -
Foreign Exchange CIB Back Office Operations - International Business Centre (LCs, FBCs, Guarantees)
09.1994 - 03.2003
Various administration roles - Temporary Positions/ Part-time courses
01.1991 - 08.1994
Old Mutual - Lean Portfolio Management Course, Lean Portfolio Management
Scrum Master - Scrum Master Certificate, Agile
Snaptech - Programme Management Practitioner, Programme Management
SnapTech - PRINCE2 Practitioner, Project Management
Test And Data Services - Software Testing Practitioner, Software Testing
Farhana SayedManagement Consultant | Strategy Enabler, Organizational Transformer, Portfolio, Programs, Projects