DFS Innovation Specialist
KEY RESPONSIBILITIES
Innovation Research & Opportunity Identification (30%)
- Conduct market research, competitor analysis, and trend monitoring to identify innovation opportunities.
- Monitor emerging technologies, fintech developments, digital banking trends, and changing customer needs.
- Analyze customer feedback and market insights to identify opportunities for new products, services, and process improvements.
- Support the development of innovation proposals and business case
Innovation Ideation & Development (20%)
- Participate in ideation workshops, innovation challenges, design-thinking sessions, and brainstorming DFS initiatives.
- Support the development of innovative concepts and solution prototypes.
- Evaluate ideas for feasibility, customer value, commercial potential, and strategic alignment.
- Assist in preparing innovation concepts for pilot testing and commercialization.
Innovation Project Support (15%)
- Coordinate innovation initiatives from concept through pilot and implementation stages.
- Support project planning, documentation, progress tracking, and stakeholder coordination.
- Assist in the execution of proof-of-concepts (POCs), pilot projects, and innovation experiments.
- Track project deliverables, risks, issues, and implementation timelines.
Product Innovation & Commercialization (15%)
- Support product teams in translating innovation concepts into viable products and services.
- Participate in product testing, pilot execution, User Acceptance Testing (UAT), and customer feedback collection.
- Monitor product adoption and performance following implementation.
- Contribute to commercialization and market rollout activities.
Customer Experience & Design Thinking (5%)
- Support customer journey mapping and customer experience improvement initiatives.
- Gather customer insights through surveys, interviews, focus groups, and market research activities.
- Identify customer pain points and recommend innovative solutions.
- Promote design-thinking methodologies and customer-centric innovation practices.
Ecosystem & Partnership Support (5%)
- Support engagement with fintechs, startups, innovation hubs, universities, accelerators, and technology partners.
- Assist in evaluating partnership opportunities and innovative solutions from external providers.
- Coordinate innovation events, ecosystem engagements, hackathons, and partnership activities.
- Maintain relationships with innovation stakeholders and ecosystem participants.
Reporting & Performance Monitoring (5%)
- Maintain innovation pipeline records and project documentation.
- Prepare innovation reports, dashboards, presentations, and management updates.
- Track innovation KPIs, project outcomes, and business impact.
- Provide recommendations for improving innovation effectiveness and execution.
Knowledge Management & Innovation Culture (5%)
- Promote innovation awareness and knowledge-sharing across the Bank.
- Support innovation campaigns and employee engagement initiatives.
- Assist in maintaining innovation repositories, best practices, and lessons learned.
- Encourage collaboration and experimentation within teams and business units.
MINIMUM POSITION QUALIFICATION REQUIREMENTS
Academic & Professional
- Education: Bachelor’s degree from a recognized university RQ
- Professional Qualifications: Product Management, Project Management, AGILE Practices AA
- Master’s degree: Business related AA
EXPERIENCE
- Total Minimum Cumulative No of Years’ Experience Required- 3 Years