The MI Specialist in the 1st Line Risk department plays a crucial role in the development and maintenance of management information systems (MIS) to provide accurate insights into the business's 1st Line functions. Reporting directly to the Head of 1st Line Risk, the MI Specialist 's responsibilities encompass:
Key Responsibilities
Data Analysis and Reporting:
- Lead the continuous development and enhancement of the 1st Line Risk MI process to ensure the delivery of efficient, timely, and precise reporting.
- Conduct in-depth analyses of business processes, identifying data utilization and technology requirements.
- Define and implement an effective strategy for the dissemination of management information to optimize business efficiency.
- Collaborate closely with Operations stakeholders to tailor MI reporting to evolving business demands.
- Generate insightful metrics and reports for senior stakeholders to facilitate informed decision-making, encompassing regular reporting and ad-hoc data requests.
- Propose, drive, and oversee enhancements to existing solutions, continuously improving production efficiency and technology utilization.
- Establish and maintain governance and control measures in alignment with established standards, ensuring up-to-date documentation and comprehensive tracking of system, report, and document changes.
- Cultivate a data driven culture of transparency and ethical decision-making within the team.
- Establish and manage appropriate governance forums to ensure regular review and alignment of MI systems with their intended purpose.
Education and Experience:
- Bachelor's degree in a relevant field or equivalent experience.
- Proficiency in modern tools and software, including Microsoft Power BI, Excel, and MS SQL Server Management Suite.
- Demonstrated experience in data analysis, reporting, and MIS development.
- Proven ability to innovate processes, enhance control measures, and optimize efficiency at a team management level.
- Track record of managing teams to meet tight deadlines and deliver client expectations.
- Extensive experience within the Wealth Management / Platform industry.
- Excellent communication skills, enabling effective engagement with diverse stakeholders and showcasing the value of data-driven insights to the business.
- Strong collaborative orientation, fostering proactive problem-solving within the team and across departments.
- Exceptional people management skills, with a commitment to both technical and personal development and a focus on promoting diversity and inclusion.
- Superior written and verbal communication skills, with the ability to influence effectively.
- Competence in communicating within a regulated environment, both internally and externally, through written and oral means.
- Strong numeracy and literacy.
- Punctuality and ability to work within tight deadlines.
- Strategic and analytical thinking.
- Proficiency in conducting meetings and presentations.
- Results-oriented and detail-focused.
- Strong negotiation skills.
- Extensive background in relevant financial areas, such as product life cycle, market risk solutions, fixed income products, credit risk, and attributions.
- Exceptional management, leadership, and supervisory abilities.
- Objective and professional approach.
- Strong understanding of complex regulations, guidelines, insurance products, and financial legislation.
