Director, FCSO TM & Fraud Analytics

Key Responsibilities Domain Responsibilities

The role requires strategic thinking and technical expert with a strong background in financial crime detection and prevention, specifically using advanced analytical methodologies. This role require hands‑on expertise to design, develop and deploy analytics/models to detect suspicious activities and financial crime. The ideal candidate will possess technical expertise, a strategic mindset for enhancing Transaction Monitoring effectiveness, and good familiarity with the compliance regulations in financial sector.

• Design, Devop and deploy models for anomaly detection, behaviour profiling, network analysis, predictive scoring for TM Solutions and act as a single Point of Contact for assigned AML Transaction Monitoring Modelling related matters
• Perform data exploration, feature engineering and ensuring models are accurate, efficient and scalable.
• Support for analytical processes to enhance TM red flag monitoring and Optimising cases for investigation through AI/ML models and analytical processes
• Improve processes such as threshold tuning, reconciliation, segmentation, optimisation etc. associated with the Transaction Monitoring function across products such as CASA, Trade, Credit Cards, Securities and Financial Markets.
• Support in design of different scenario models, development and validation including data quality validation, model effectiveness, rules logic for effective risk analytics.
• The role holder is accountable for ensuring all processes/ models follow Bank’s governance process including Model Risk Policy Governance and Risk Based Rule review.
• Knowledge of core banking, payment, CDD, securities and other systems and interplay/linkages between them. Understand business domain aspects relevant to AML Monitoring and Case Management.
• Able to conceptualize, design, support and align relevant processes and controls to industry best practice, and close out any compliance gaps
• Mentoring and conducting training programs to bring the new joiners and team up to speed on new business requirements
• Provide endorsement for changes or remediation activities impacting AML Optimisation models. Also engaging with relevant stakeholders for deploying the changes to production

• Work on processes such as threshold tuning, reconciliation, segmentation, optimisation etc. associated with the Transaction Monitoring function across products such as CASA, Trade, Credit Cards, Securities and Financial Markets.
• Work towards the collective objectives and scorecard of the business function published from time to time in the form of job and performance objectives for defined periods

• Provide coaching to peers and new hires to ensure they are highly engaged and performing to their potential.
• Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
• Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.

• Apply Group and FCC policies and processes (AML monitoring) to manage risks.
• Apply risk and data analytic tools/techniques to optimise and tune relevant detection scenarios, and screening and monitoring optimisation solutions.
• Provide typology review coverage based on relevant segments/products and validate appropriate monitoring coverage which is fit-for-purpose.
• Liaise with Business / Segment stakeholders to understand the emanating risks and ensuring those are suitably addressed through the Monitoring coverage.
• Engage Advisory teams on Product Risk Assessment reviews, outlining transaction monitoring coverage against products and rationale for deviations
• Ensure appropriate and valid agreements are in place for consumption of product and segment data for Transaction Monitoring
• Make recommendations (and support in implementation where required) to relevant stakeholders on possible risk mitigants to identified risks or areas of concerns from AML Optimisation Models

• Provide Transaction Monitoring subject matter expertise on outcome of AML Risk…