Job Requirements
Job Title/ Role: Specialist - Strategy
Business Unit/ Department: Risk
Job Purpose
The Specialist Strategy, Financial Crime Unit is responsible for supporting the development, execution, and monitoring of strategic initiatives aimed at enhancing the bank's financial crime risk management capabilities. This role involves working closely with the Lead Strategy to analyze trends, assess innovation opportunities, track performance metrics, and contribute to transformation programs. To define and drive the bank's financial crime management strategy for various portfolios, including Current Accounts (CA) and Savings Accounts (SA). Collaborate with cross-functional teams to establish risk frameworks. Regularly monitor the performance of financial crime risk frameworks and refine thresholds based on emerging patterns. The Specialist will play a key role in aligning operational insights with strategic goals, ensuring that the Financial Crime Unit remains agile, forward-looking, and compliant with evolving regulatory expectations.
Roles & Responsibilities
- Liaise with teams across Compliance, Risk, Technology, Data Science, and Operations to gather inputs and align strategic efforts.
- Support the design and rollout of transformation initiatives, including process reengineering and technology adoption.
- Contribute to the development of strategic presentations, business cases, and planning documents.
- Maintain dashboards and scorecards to monitor progress against strategic KPIs.
- Analyze internal and external data to identify trends, gaps, and improvement opportunities.
- Prepare periodic reports and insights for senior leadership and governance forums.
- Conduct research on emerging financial crime threats, regulatory developments, and industry innovations.
- Define and drive the bank's financial crime management strategy for various portfolios, including Current Accounts (CA) and Savings Accounts (SA).
- Regularly monitor the performance of financial crime risk frameworks and refine thresholds / strategy based on emerging patterns.
- Define and set thresholds and guardrails for financial crime detection models and frameworks while collaborating with concern stakeholders.
- Monitor and analyze outputs to continuously guide regarding refine models, adjusting rules and tweaking thresholds for pre- and post-onboarding financial crime prevention.
- Analyze monthly trends and dashboards to analyze areas of improvement and future roadmap for financial crime prevention strategy.
- Engage with internal stakeholders across departments such as analytics business, product, risk, technology, and compliance to ensure cohesive financial crime prevention efforts.
- Handle escalations from external stakeholders, including regulators and customers, ensuring timely and effective resolution.
- Take in feedback from various departments and external sources to continuously improve financial crime management strategies and frameworks.
- Ensure that feedback is effectively integrated into the financial crime prevention processes and systems.
- Ensure alignment of strategic initiatives with regulatory expectations and internal governance standards.
- Support audit and regulatory readiness activities related to strategic programs.
Educational Qualifications
Graduation: Bachelor of Commerce (B.com) / Bachelor of Science (B.Sc) / Bachelor of Arts (BA) / Bachelor of
Business & Insurance (BBI) / Bachelor of Management Studies (BMS)
Post-Graduation: Master of Business Administration (MBA) / Master of Commerce (M.com) / Master of Arts (MA)
Experience: 10 - 18 years of relevant experience
