Logo of Huzzle

Data Privacy Compliance Manager

image

FNZ Group

Aug 2, 2024

  • Job
    Full-time
    Senior (5-8 years)
  • Edinburgh
  • Quick Apply

AI generated summary

  • You need experience in data protection, strong GDPR knowledge, FCA understanding, a legal background, and excellent communication skills to manage relationships and report to stakeholders.
  • You will promote data privacy compliance, advise on obligations, oversee data handling processes, support management, conduct reviews, manage risks, and facilitate training and awareness initiatives.

Requirements

  • - Previous experience in a data protection oversight, data protection consultancy or GDPR practitioner role, ideally within a financial services environment.
  • - Good knowledge of GDPR and UK DPA requirements and related guidance.
  • - Understanding of FCA rules and regulatory framework preferably gained through a compliance function.
  • - Experience of platforms / investment operations services an advantage.
  • - Relevant professional or industry qualification. Ideally with a Legal background.
  • - Good communication, relationship management and influencing skills.
  • - Ability to build and maintain effective internal and external relationships.
  • - Ability to analyse, present and report regulatory information to stakeholders in a clear and concise manner.

Responsibilities

  • - promote a culture of data privacy compliance within FNZ UK
  • - provide SME advice and consultancy for FNZ UK on maintaining its compliance with data privacy / data protection obligations primarily focussed on FNZ’s responsibilities as Data Controller
  • - provide support to FNZ UK Senior Management by providing oversight and assurance on the systems and controls connected with FNZ UK’s data privacy obligations
  • - Providing consultancy and challenge to the business on data protection / data privacy on behalf of Risk & Compliance
  • - Working with Information Risk Management second line team to ensure strong controls over security of personal data
  • - Working with Group functions to ensure compliance with data privacy requirements over Website privacy policies, content and cookie compliance
  • - Oversight of Legal, Procurement and Supplier Management to ensure compliance with regulatory requirements applicable to data protection agreements
  • - Oversight of new business initiatives/ propositions, and Data Privacy Risk Assessments
  • - Maintaining and updating the Risk & Compliance data privacy policies and procedures in line with applicable legislation, regulations and codes of practice
  • - Oversight of HR’s mapping of personal data, and Records of Data Processing
  • - Planning and undertaking (in liaison with the Compliance Monitoring team) Compliance Monitoring Reviews on Data Protection where required and undertaking BAU monitoring where required. Carry out thematic reviews across FNZ, identifying and recording issues arising from such work and pursuing them to resolution
  • - Assist the DPO as required with the assessment and reporting to ICO of personal data breaches by FNZ UK as data controller
  • - Providing consultancy and oversight to the business on responding to Data Subject Requests including DSARs
  • - Providing consultancy and oversight to the business on the completion of Data Privacy Impact Assessments, Legitimate Interest Assessments and International Transfer Impact Assessments
  • - Development and maintenance of training material for mandatory data privacy training modules for all FNZ (UK) Ltd, FNZ Securities Ltd and FNZ TA Services Ltd
  • - Production of MI and reports to the FNZ (UK) Ltd, FNZ Securities Ltd and FNZ TA Services Ltd Board and management committees, as required
  • - To assist the DPO and oversee Business Owners to maintain appropriate records and documentation relating to data privacy, including ICO registration and contact details
  • - Records of Data Processing as a Data Controller
  • - Register of Personal Data breaches
  • - Compliance Data Privacy Universe to support monitoring activity
  • - Compliance Data Privacy Risk Register
  • - Compliance Data Privacy Incident Reports/Assessments
  • - FNZ (UK) Ltd, FNZ Securities Ltd and FNZ TA Services Ltd Data Privacy Impact Assessments and International Transfer Assessments
  • - FNZ (UK) Ltd, FNZ Securities Ltd and FNZ TA Services Ltd Data Privacy Notices as a data controller
  • - To monitor the ICO, FCA and EU Commission websites for developments in regulation of data privacy and maintain an awareness of legislative changes and developments in industry best practice regarding data privacy
  • - Contributing as SME to the implementation of data privacy regulatory developments that impact FNZ (UK) Ltd, FNZ Securities Ltd and FNZ TA Services Ltd or its client platforms
  • - Providing impact analysis on data privacy regulatory changes as required
  • - Consultancy to the business to facilitate understanding of data privacy regulatory developments to enable embedding into processes and controls
  • - Assisting the Compliance Regulatory Developments team to ensure that UK data privacy regulatory changes are notified where appropriate to internal Committees and to clients through the Compliance Regulatory Developments team
  • - Providing support and challenge to key business stakeholders in managing data privacy risks and issues within the business
  • - Liaising with external stakeholders including clients, auditors, third parties as required
  • - Sharing ideas to enhance cross-team learning and development
  • - Building and maintaining relationships (internal and external)
  • - Supporting the team’s efforts to succeed
  • - Balance team and individual responsibilities
  • - Exhibit objectivity and openness to others' views
  • - Supporting the organisation’s key business objectives whilst maintaining regulatory compliance
  • - Encouraging and driving quality and continuous improvement of processes used across the business
  • - Ensuring practices are compliant with regulatory bodies’ expectations
  • - Ability to prioritise work and manage service delivery targets within tight constraints, maintaining flexibility in respect of shifting business priorities
  • - Taking ownership for workload and is proactive in approach
  • - Strong communication skills, using appropriate language and style of communication that is relevant to the situation and circumstances to influence
  • - Demonstrating sufficient self-awareness to identify personal strengths and areas for development
  • - Ability to analyse and problem solve
  • - Calm, reasonable and professional manner
  • - Ability to work under pressure
  • - Flexible to change, eager to improve and develop new skills
  • - Meeting UK regulatory requirements in connection with data privacy
  • - Building awareness of data privacy within FNZ (UK) Ltd, FNZ Securities Ltd and FNZ TA Services Ltd
  • - Positive interaction with and feedback from internal / external stakeholders in relation to data privacy

FAQs

What is the primary role of the Senior Data Privacy Compliance Manager?

The primary role is to work with the Data Protection Officer to promote a culture of data privacy compliance within FNZ UK and provide expert advice and consultancy on maintaining compliance with data privacy obligations.

Who does the Senior Data Privacy Compliance Manager report to?

The Senior Data Privacy Compliance Manager reports to the Data Protection Officer.

What team responsibilities does the Senior Data Privacy Compliance Manager have?

The role includes providing an independent second line of defence Compliance function and supporting the business in relation to data privacy and data protection laws and regulations.

What are some specific responsibilities related to Data Privacy Risk & Compliance Oversight?

Responsibilities include providing consultancy to the business, working with teams to ensure strong controls over personal data security, and overseeing compliance with data privacy requirements connected to new business initiatives.

What experience is required for this position?

Previous experience in a data protection oversight, consultancy, or GDPR practitioner role, ideally within a financial services environment, along with a good understanding of GDPR and UK DPA requirements, is required.

Is a legal background preferred for this role?

Yes, a relevant professional or industry qualification, ideally with a legal background, is preferred for this position.

How does the Senior Data Privacy Compliance Manager assist with Data Subject Requests?

The manager provides consultancy and oversight to the business on responding to Data Subject Requests, including Data Subject Access Requests (DSARs).

What is the expected interaction with stakeholders in this role?

The Senior Data Privacy Compliance Manager is expected to provide support and challenge to key business stakeholders and liaise with external stakeholders including clients and auditors.

What skills are essential for this position?

Essential skills include strong communication, relationship management, influencing skills, the ability to analyze and present regulatory information clearly, and the capacity to build and maintain effective internal and external relationships.

What kind of training is the Senior Data Privacy Compliance Manager responsible for developing?

The manager is responsible for the development and maintenance of training material for mandatory data privacy training modules for all FNZ (UK) Ltd, FNZ Securities Ltd, and FNZ TA Services Ltd employees.

1001-5000
Employees

Mission & Purpose

FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms. We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back. We created wealth’s growth platform to help. We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution. We partner with over 650 financial institutions and 12,000 wealth managers, with US$1.5 trillion in assets under administration (AUA). Together with our customers, we help over 24 million people from all wealth segments to invest in their future.