Data Governance Officer - Minneapolis - Choice Bank

    Choice Bank
    Choice Bank Minneapolis

    1 week ago

    Description

    Job Type
    Full-time
    Description
    The Data Governance Officer will be responsible for standing up the bank's first Data Governance Program and supporting functions across the company. This role will develop and implement frameworks, policies, and procedures to ensure the effective management, security, privacy, and compliance of organizational data assets. The role will collaborate with cross-functional teams to establish data governance best practices, resolve data-related issues, and promote a data-driven culture throughout the organization. This role will have an ability to work cross functionally with business and technical leadership across the company.
    This role, part of the 2nd line Risk function, provides independent oversight and assurance of data governance across the organization, working closely with the 1st line and audit teams to ensure compliance. This role also collaborates with Fintech and other third-party partners to uphold the bank's standards for data management, and regulatory requirements.
    Responsibilities

    • Develop and implement a comprehensive data governance framework, including policies, standards, and procedures, to ensure the effective management and control of data assets.
    • Develop objectives, plans, specifications, resources, and long-term goals to support the company's data management objectives and regulatory obligations.
    • Establish and chair a data management committee and working groups, as appropriate, to govern data management objectives across first and second lines of defense.
    • Establish and implement data quality Key Risk Indicators (KRIs) and other metrics for measuring and reporting data related risks.
    • Develop and deliver quality reporting to the Board of Directors, senior leadership and other stakeholders across the company.
    • Adopt and administer data quality and data governance technologies and tools necessary to support the Program's objectives.
    • Establish and maintain data governance processes and structures to address data stewardship, data quality, metadata management, data classification, and data lineage.
    • Oversee business line processes for data validation, data defect management and issue remediation.
    • Direct or support highly complex analysis activities to identify and remediate data quality or integrity issues and to identify and remediate process or control gaps.
    • Monitor and enforce data governance and privacy policies and procedures, ensuring adherence across the organization through training programs, awareness campaigns, and regular audits.
    • Provide guidance and support to data stewards and other relevant teams in data governance and privacy activities, including data classification, data access controls, and data lifecycle management with privacy considerations.
    • Drive data quality initiatives, establish data quality metrics, and implement data quality monitoring processes to ensure data integrity, accuracy, and privacy compliance.
    • Collaborate with IT teams to design and implement data governance tools, technologies, and infrastructure to support data governance and privacy initiatives effectively.
    • Stay updated with industry trends, emerging technologies, and regulatory changes related to data governance and privacy, and apply this knowledge to enhance the organization's data governance and privacy practices.
    Requirements
    Qualifications
    • 6+ years relevant experience within requisite competencies.
    • Experience in Banking, Financial Services or other highly regulated industry.
    • Bachelor's degree required, master's preferred.
    Cultural Alignment
    Choice is #PeopleFirst, banking second.
    People don't need just another bank. People need to be supported by a team of trusted partners who will get to know them and their business, understand their challenges, discover their dreams, and recognize the success in bringing people and banking together in our communities.
    In contributing to our culture, Choice team members are guided by our core values.
    • Embrace change and encourage innovation.
    • Know when to ask for help and know when to offer help.
    • Better the places we live.
    • Work hard. Do the right thing. Have a little fun.
    Our vision of Diversity at Choice is supported by our #PeopleFirst mission and our core values.
    Being #PeopleFirst means that Choice is committed to focusing attention and resources towards creating an environment where everyone feels respected and valued and can do their best work. Doing the right thing means encouraging employees to share their experiences and ideas, and to bring their whole authentic selves to work. Together, we can build an inclusive culture that seeks out, supports, and celebrates diverse voices. We can use our diversity to fuel creativity and innovation and bring us closer to our customers and the communities we serve. Be welcome at Choice. We can see you here.
    Disclosure
    This job description is intended to describe the general content of, and requirements for, the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or requirements. All requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a significant risk to the health and safety of themselves or other employees.
    All employment at Choice Financial Group is "at will" employment. This position description does not create an employment contract, implied or otherwise.
    The pay range is posted to comply with wage transparency laws. The base salary may vary based on skill, ability, knowledge, experience and geographic location. Full time employees are also eligible for a competitive bonus and benefits package. Check out for an outline of current benefit offerings.
    Salary Description

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