Associate Director - Financial Crime Future Analytics - Gen AI

Job title: Associate Director, Financial Crime Gen AI Governance

- Managing data risk and ensuring compliance with data standards and policies.

- Leveraging analytics and data science to maximise data value.

- Implementing and maintaining data technologies.

The role will assist the organization in balancing between the demands of regulators, external bodies and governmental initiatives with those of shareholders and customers in enacting FC compliance. It requires an awareness of the political, managerial, regulatory, and reputational implications of decisions and actions at a global level.

- Additionally, the role supports executive management in the development of controls and systems and influencing the business conduct to manage these while aligning with the organization's risk appetite.

- The increased focus on individual liability for senior managers, particularly Risk Heads, makes it increasingly important to demonstrate adequate systems and controls. The role is one where regulatory authorities have high expectations and is likely to come under scrutiny as part of any major regulatory investigation.

- The role-holder will provide specialist expertise in techniques for model delivery (e.g. Deep Learning) and their applications (e.g. Customer Propensity, Computer Vision, NLP). This includes understanding the key factors that drive the required model outcomes, and applying appropriate techniques to design, develop, test, implement and monitor models.

- They will ensure compliance with model development standards, stay updated on latest developments in modelling tools and techniques, and advise leadership on maintaining market leading capabilities.

In this role, you will:

Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)

- Continually assess the operational risks associated with the role and inherent in the business, taking account of changing FC threats, geopolitical, economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring, and the impact of new technology.

- Responsible for ensuring that fair customer treatment is embedded in business operations.

- Implementing a consistent and effective management approach across the functional areas.

- Act as the primary interface within the Detection Value Stream for all Change and Prioritisation matters.

- Enable FC Leadership in the delivery of investment across technology, intelligence, and analytics to enhance the efficiency, effectiveness, security and cost profile of FC.

- Develop and implement programs to assess and mitigate impacts of FC related regulatory changes across the control.

- Represent FC in governance forums and meetings, as required.

- Develop and manage relationships with key internal stakeholders across functions, lines of business, regions, and countries.

- Facilitate information-sharing and feedback loops to improve change management and optimisation with FC detection.

- Supervise the coordination in response to high priority FC Detection Feedback requiring a coordinated response across Financial Crime functions, Compliance, lines of business, regions, or countries.

To be successful you will:

Functional Knowledge:

- Strong understanding of Global Financial Crime landscape and the various risk typologies, with good visibility of the eminent changes in landscape.

- Existing Financial Crime Detection capabilities and the limitations therein.

- Awareness of technological advancements in Financial Crime detection capabilities.

- Expertise in BI and reporting solutions using tools such as Qlik, Tableau, Power BI and Looker for data aggregation and insights.