Chief Data and Analytics Officer

3 months ago

Randburg, South Africa FirstRand Full time

Job Description

To formulate tactical strategy and associated delivery plans for Information Management and Analytics practices to enable integration and operational implementation at a BU level that drive business realisation of investments in information through data monetisation to unlock the commercial value of data with a view to create profit, drive innovation and achieve value for both customers and the business.
- Draw up a budget aligned to tactical delivery plans, monitor effectiveness and report on variances.
- Manage expenditure planning and reporting within approved budget parameters.
- Establish mutually beneficial relationships with stakeholders, that support thought leadership, innovative and integrated practice solutions.
- Lead the Data and Analytics function across area of responsibility to create business value through extraction of data and implementation of analytics models for use across the group.
- Drive integration and commercialisation of data between data and analytics while meeting business and function related data and analytics requirements to enable a platform business.
- Facilitate the formalising of conclusions, emerging implications and recommendations that are actionable, to business.
- Ensure that the team and vendors perform optimally and deliver high quality and accurate data and information through efficient execution of functional projects.
- Think out of the box whilst explaining the impact of new ideas on the business within the bigger picture.
- Implement and provide input into the development of governance and compliance procedures and processes within area of accountability and identify risks.
- Monitor changes in legislation, regulations, initiatives and relevant industry practices.
- Ensure drafting and implementation of appropriate interventions.
- Maintain expert knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirements.
- Participate in relevant partnership models with other CDAO offices, business leaders and stakeholders to mature data and analytics for segment.
- Manage the relationship with relevant business stakeholders and other CDAO offices.
- Represent the business unit at Business Data and Analytics Exco.
- Model and drive a data driven culture that values data as an asset with business value.
- Lead relevant change and communications functions to drive functional maturity.
- Assume accountability for developing data products and drive adoption and monetisation of such within relevant business unit.
- Encourage reuse and adoption by other business units across the group where appropriate.
- Oversee data and analytics function to ensure data quality, security and creation of business intelligence that inform business decisions.
- Ensure adoption and localisation of common frameworks, practices, processes, standards and integration of data and analytics value chain at BU level.
- Create a strategic roadmap for achievement of outputs and deliverables.
- Identify and enable opportunities for business value extraction of data and implementation of analytics models.
- Ensure BU platform alignment, governance, policy standards alignment and integration.
- Lead prioritisation for BU data and analytics projects etc.
- Assume accountability for monetisation of data at the BU level.
- Assume accountability for information management i.e., information architecture, metadata, master and reference data, data development and warehousing, content, document and records, data quality, storage and operations, information security and data privacy management to ensure required standards and practices across data production, management and consumption as well as analytics practices across the BU leverage existing structures and capabilities.
- Leverage data and analytics to influence and improve customer experiences, operational processes and solution design.
- Ensure ethical usage of data and information that complies to restrictions applied for privacy and sensitivity classification.
- Understand and ensure implementation and adherence to privacy business requirements, legislation and policy.
- Ensure reporting of any data privacy incidents and drive resolution of privacy and protection audit findings, complaints, incidents, investigations and privacy and protection assessments.
- Integrate data and analytics value chain across the relevant BU, identifying opportunities for shared value.
- Lead and encourage business conversation regarding use cases, model usage, implementation of relevant practices etc.

Job Details

Application Closing Date

04/10/24

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