Data Protection Specialist

5 days ago

London, Greater London, United Kingdom Bank of America Full time
Job Summary:

We are seeking a highly skilled Data Protection Specialist to join our team in London. In this role, you will be responsible for the execution of the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy, and the Compliance and Operational Risk Management (CORM) Program for Data Privacy Risks in Europe, Middle East, and Africa (EMEA).

The ideal candidate will have in-depth knowledge of or certification in law, rule, regulation, and/or Data Privacy. They will interpret relevant laws, rules, and regulations, understanding policies, procedures, and guidelines management.

This is a challenging opportunity to work with a global team of subject-matter experts responsible for Compliance & Operational Risk coverage of Data Privacy across the enterprise.

Key Responsibilities:

  • Assesses risks, associated controls, and their effectiveness, driving compliance with applicable laws, rules, and regulations and adhering to policies.
  • Engages in activities to provide independent compliance and operational risk oversight of Front Line Unit or Control Function (FLU/CF) performance and any related third-party/vendor relationships.
  • Identifies and escalates problems or issues that arise and drives actions to address the root causes that lead to compliance risk issues and/or operational risk losses.
  • Manages inventory of processes, risks, controls, and associated metrics for risk appetite and limits, reporting violations of compliance or regulatory activities.
  • Analyzes and interprets applicable laws, rules, and regulations to provide clear and practical advice to stakeholders.
  • Responds to regulatory inquiries, other audits, and examinations and identifies regulatory training needs supporting the development of the training curriculum.
  • Reviews and challenges FLU/CF process, risk, Single Process Inventory, and FLU/CF Risk and Control Self-Assessment related to themes or trends.

What we offer:

  • A competitive salary range of £70,000 - £90,000 per annum.
  • Private healthcare for you and your family plus an annual health screen.
  • Competitive pension plan, life assurance, and group income protection cover.
  • 20 days of back-up childcare and 20 days of back-up adult care per annum.
  • The ability to change your core benefits and select a variety of flexible benefits.
  • Access to an emotional wellbeing helpline, mental health first aiders, and virtual GP services.
  • Access to an Employee Assistance Program for confidential support.
  • Ability to donate to charities of your choice directly through payroll.
  • Opportunity to give back to your community through volunteering.

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