Data Solution Manager

Location:Midlothian
Job Type:Full Time
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Description

Role Title: DataSolution Manager

Business: Risk

New or Existing Role? New

Grade: GCB5

Role Purpose

  • Financial Crime Threat Mitigation (FCTM)

focuses on the specific financial crime threats the firm faces now and in

the future, pioneering the techniques and technology that protect our

business, our customers, and the many communities in which we operate from

the harms associated with financial crime.

FCTM harnesses intelligence, analytics, technology, investigation,

information sharing, and public-private partnership to achieve this end,

always seeking the most effective and efficient means. FCTM is also

partnering with Financial Crime Compliance to build the case for a more

efficient and effective regulatory approach by defining a potential new

regulatory landscape based on practical, tested innovation and serving as

a thought leader in the ongoing public debate on the future of regulatory

compliance.

  • The Product Management team ensures that

essential systems and data are available to enable FCTM to conduct

effective and efficient investigations and analytics. The team is

proactive and future-looking, shaping financial crime technology and

promoting its adoption across Compliance.

  • The role requires close and productive workingrelationships with the IT development team and FCTM analysts, and skilledrelationship management with both internal system owners and external datavendors. The role holder will be part of a small team, who are responsible forall activity across the multiple work streams of the FCTM Data Platforms team.
  • The role may require occasional nationwide

or overseas travel.

Key Accountabilities

Impacton Business

  • Develop specialist knowledge of the

product management process to support all new project and enhancement

requests within the overall FCTM and Compliance objectives.

  • Proactive enhancements to the data

integrated into FCTM tools and systems to provide timely, reliable and

actionable intelligence on potential financial crime risks to senior

managers within the business.

  • Gathering and organising knowledge of data

flows and repositories. Analysis of data schemas and samples. Prototyping

of data processing algorithms.

  • Evaluation of new data presentations, data

management and acquisition tools.

  • Entrepreneurial identification of

new data sources to enhance and develop the capabilities of the existing

system.

Customers /Stakeholders

  • Build networks and manage day-to-day

relationships with all staff on data technology related matters in Risk

and Business.

  • Collate requests from business and risk

for intelligence or opportunities to leverage FCTM technology and data to

help in the prioritisation process.

  • Strengthen

and broaden internal relationships with global functions, lines of

business, regions, and countries who directly benefit from or interact

with FCTM systems, including:

  • Regional

Product Management colleagues within FCTM

  • FCTM

managers and lead users

  • Compliance

stakeholders

  • Software

delivery and operations colleagues

  • Lines

of business stakeholders

Leadership &Teamwork

  • Provides support and

direction at a global and regional levels within FCTM and Compliance, on

data related technology policies and usage.

  • Establish

and promote a learning culture focused on open feedback and continuous

improvement.

  • Pro-active

and supportive of colleagues and able to demonstrate imitative and a

logical approach to solving business issues.

  • Develop and share knowledge across the

FCTM function

OperationalEffectiveness & Control

  • Ensure

business and regulatory implications of system design and operation are

proactively anticipated, considered and communicated throughout the

lifecycle.

  • Establish

manual and automated technical processes to ensure and evidence rigorous

adherence to Group policies and management of operational risk.

  • Maintain sound

understanding of key threats and system vulnerabilities and engage

proactively with risk stewards to mitigate the impact of compromise.

Major Challenges

  • Identifying and driving data enhancements

to the FCTM Data Platforms estate to drive greater global operational

effectiveness and increase the return on investment.

  • Exploring existing data structures to

identify quality issues, duplicate data and datasets that can be joined

together to provide an enhanced intelligence picture. Understanding prototyping

and testing data matching hypotheses is key to this work. In many cases it

will be necessary to reverse-engineer the data to deduce its structure and

interpret it correctly.

  • Developing

and maintaining strong and productive relationships with a diverse set of

customers and stakeholders.

  • Using

the technical and business knowledge to formulate actionable solutions to

problems or identify new opportunities to enhance the system.

  • Working

in a new and developing department and using technology without precedence

in the banking environment.

  • Rapidly

developing an accurate understanding of highly complex tool intelligence

analytics tools, including multiple data feeds, network analysis logic and

algorithmic scoring models.

  • Developing a large body

of contextual knowledge on banking sectors and the associated specific

financial crime risks.

Role Context

  • The role holder will be expected todemonstrate considerable entrepreneurial spirit to obtain the necessaryknowledge and identify and realise opportunities.
  • The role holder will have access tohighly sensitive information and must exercise sound judgement in protecting itwhilst adhering to all relevant rules and regulations.
  • The role holder will be required towork with team members in multiple jurisdictions and time zones.

Role Dimensions

  • The role itself involves risk management and the

role holder must show strong leadership in this area by continually

reassessing the operational risks associated with the role, taking account

of changing economic, legal, technological and regulatory environments and

adhering to all procedures and practices

Management of Risk

  • The role itself involves risk management and the

role holder must show strong leadership in this area by continually

reassessing the operational risks associated with the role, taking account

of changing economic, legal, technological and regulatory environments and

adhering to all procedures and practices

Observation of InternalControls

  • The role holder must adhere to all relevant internal

controls and should be able to demonstrate a flawless track record in this

area.