Senior Management Consultant Financial Services - Payments & Transaction Banking

Nils Jung is a Freelance Management Consultant. Recently he did perform for 2 years the role of the COO and Member of the Management Team at Phi Partners Global Limited, a London based IT consultancy, which operates in all areas of the Summit Trading platform from T&M to Advisory and Managed Services. Besides of his day to day job, he was involved in major strategic initiatives of the company, such as driving to company’s extension in products, services and regions, including various investment and M&A scenarios. He was also acting as the bid manager for 20m EUR plus RfP processes for large scale projects.

He has a strong financial services background with over 10 years of experience in strategy and process consulting, gained in top-tier global consultancy companies (Oliver Wyman, Capco, Capgemini) Prior his COO role, Nils Jung was a manager focused in activities on global Payments and Transactions Services as well as Securities Processing. In this area he has led multiple strategic transformation (up to a team size of 40+ in 10 different countries) and compliance projects for key pan-European players. Nils publishes regularly papers and articles and has co-authored a study for the EU-Commission on payments.

Nils Jung holds a Master business degree from the University of Frankfurt and is fluent in German and English. He worked for Oliver Wyman, Capco, Capgemini and Hauck&Aufhäuser Privatbankiers. He is a Six-Sigma green belt and holds the PINCE2 certification.


Phi Partners Ltd – London (10/2013 – 07/2015)
Global Head of Operations (COO) and Global Head of Value Propositions, Member of the Management Team
? Global Responsibility (10 Locations, e.g. Singapore, Bucharest, Moscow) for all functions and resources related not to Delivery, Sales and Finance, such as HR, IT, Marketing, Facilities, Compliance; with a budget of around £2m
? Driving the global Value Proposition and Services Strategy with a budget > £2m
? Development and modelling of the 5 year regional- and product extension strategy
? Driving large global cost cutting and efficiency initiatives (drive revenue and margin and massively lower the cost base), with outsourcing major parts of operations and finance to Bucharest, achieving total savings of over £1m within one year
? Development and execution of an investment process for the company together with an financial advisor, preparation of an information memorandum and presenting the company together with the Management Team at various investors

Oliver Wyman – Frankfurt am Main (07/2013 – 09/2013)
Manager in Strategic Information Technology and Operations
Securities Target Operating Modeling:
? Leading German Transaction Bank: Strategic redesign of the operational model towards an utility approach

Capco – Frankfurt am Main (02/2010 – 06/2013)
Principal Consultant in the Banking and Capital Markets Practice. Head of Payments CEE
Payments Target Operating Modeling:
? Global German Bank: Definition, evaluation and lead of the implementation of a new payments solution including products and processes for the Asian market (Hong Kong, Singapore, Tokyo, Shanghai)
? Global German Bank: Payments strategy and target operating modeling for the non German European payments business
? Largest Airline remittance and settlement organization: Assessment to issue a global debit card for airline loyalty programs
Securities Target Operating Modeling:
? Russian Investment Bank: Global target operating modeling for the securities processing business in 11 branches worldwide
? German Investment Bank: Target operating modeling for the securities processing business
Other:
? Tier one Private Equity Company: Evaluation of new investment opportunities / target section on the European payments market
? German Universal Bank: Evaluation of sourcing and partnership options for major parts of the securities processing business in operations and IT
? Largest Airline remittance and settlement organization: Design of a new remittance and settlement process and stress testing

Capgemini Deutschland GmbH – Offenbach am Main (02/2006 – 01/2010)
Senior Consultant in the Financial Services Practice. Co-Head of Payments Germany
Regulatory:
? Largest German Retail banking group: Development and roll out of a uniform guideline for the implementation of the German version of the European Payments Services Directive
? Global German Bank: Interpretation, Gap analysis and implementation roadmap (functional, process and IT) of the Payments Services Directive (PSD) in 13 countries
Market Entry Strategy:
? Consortium of 9 major German and French Banks: Development of a new SEPA compliant debit card scheme for all European countries (Monnet)
? International Card Scheme: Assessment and Scenario Analysis – “Should the scheme enter the PE-ACH business”
Thought leadership:
? European Commission: Co-Author / Subject Matter Expert in an report for the European Commission analyzing the impact of the introduction of SEPA

Speeches and publications (extract)
? Euro Finance Week 2010: Panel Speaker “Achieving Full SDD Compliance”
? Handelsblatt, FAZ, Der Tagesspiegel, Der Treasurer, Süddeutsche Zeitung: Quote and expert input on payments (2010 and 2011)
? Capco: Author of various point of views covering the topics of payments, cards, mobile payments and retail banking
? Capgemini: German responsible for the World Retail Banking and Word Payments Report

Education
Hauck&Aufhäuser Privatbankiers (04/2004 – 01/2006)
Post Master - general trainee program with a focus on Private Banking, Asset Management,
Alternative Investment Products and Corporate Finance

Johann Wolfgang Goethe-University – Frankfurt am Main (08/1998 – 03/2004)
Studies in Business Administration majoring in Finance and Electronic Commerce
(Thesis in cooperation with SAP AG) - „Diplom-Kaufmann“ – Grade: cum laude

Education
? Language skills: German (native), English (fluent)
? Project Management Skills: PRINCE2, Six Sigma Green Belt
? Hobbies: Running, Tennis, Ski, Food, Wine, Traveling