Job description
Job Purpose Summary
- The incumbent will be responsible Identifying the current state of processes; eliciting their useful and harmful attributes; documenting models of the processes; and facilitating stakeholder groups to consensus regarding new business process designs.
- Process changes are essential to solving problems or exploiting opportunities, and the analyst may specialize in the use of business process modeling tools and automation technologies.
Essential Duties & Responsibilities by Dimensions
A. Shareholder & Financial
- Run, execute, steer projects by using Lean/ Six Sigma/ Change Management standards and the process enhancement methodology aimed at improving customer satisfaction and efficiency within Group operation.
- Implements KPI’s and best practices for Assistant Manager, Business Process Management role.
- Ensure the success of end-to-end process enhancement initiatives across Group operation.
- Establish measurement plans for key performance indicators (KPIs) and execute control plans to monitor, track and update KPIs related to dedicated reengineering and end-to-end process enhancement initiatives on a periodic basis.
- Act within the limits of the powers delegated to the incumbent.
- Promote cost consciousness and efficiency and enhance productivity, to minimize cost, avoid waste, and optimize benefits for the bank.
B. Customer (Internal & External)
- Identify, quantify and define enhancement areas in close partnership with the concerned stakeholder and contribute to the implementation of customer-centered processes.
- Work closely with stakeholders of Group operation to improve on relevant KPIs.
Leads cross-functional design teams to
- (1) understand and investigate the current business process design.
- (2) identify problems, complexities, non-value-added steps, inefficient workflows, and other design factors.
- (3) develop performance measurement systems and analyze performance data.
- (4) create improvement recommendation and improve process design.
- (5) implement solutions to achieve results in output volumes, quality, timelines and costs.
- Optimize the use of appropriate lean and 6 sigma tools; pursue technology developments that result in process enhancement.
- Report on progress on a regular basis for relevant projects.
- To assist customers in all their queries on Bank’s product and seek solution to their requests.
- Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time.
- Build and maintain strong/effective relationships with related departments/units to achieve the Group’s objectives.
- Provide timely/accurate data to external/internal Auditors, Compliance, Financial Control and Risk when required.
C. Internal (Processes, Products, Regulatory)
- Interact with Head of Group operation Process Enhancement to obtain new process enhancement mandates and participate in project idea generation, selection and scoping.
- Identify defects and impact of defects on current processes.
- Propose defect fixes or system enhancements, and work with the various stakeholders to propose and develop process and/or technology modifications.
- Gather, collect, and prepare data related to reengineering and end-to-end process enhancement initiatives.
- Identify benefits, quantify targeted results, establish measurement criteria and assist in the prioritization of process enhancement initiatives.
- Apply and implement industry best practices and standards within the execution of process enhancement assignments.
D. Learning & Knowledge
- Proactively identify areas for professional development of self and undertake development activities.
- Seek out opportunities to remain current with all developments in professional field.
Education/Experience Requirements
- Bachelor's degree University Graduate/preferred with a Major in Marketing, Banking, Finance, Accounting, Economics, Business Administration or Information Technology (related field of study).
- At least 4 years of relevant experience, preferably within a highly rated international bank / organization and process reengineering, business consulting and project management or equivalent business/ operations experience within the financial services arena (however: no specialization in one area but rather multi-skill and transversal across functions).
- Operational and project management experience including the participation in large company wide program deployments with partial subproject responsibility.
- Certified Six Sigma Green Belt experience and technical mastery.
- Demonstrated track record using Six Sigma Methodology principles and practices.
- Ability to use systematic and data driven methods in order to solve problems, analyze and improve processes.
- Knowledge of financial services from an operational and support perspective.