Job Objective(s)
- The Data Protection Officer (DPO) is responsible for ensuring compliance with data protection laws and regulations, maintaining data privacy and security, and protecting the bank’s customers’ data. The DPO serves as the primary point of contact for all data protection-related matters within the bank.
Duties & Responsibilities
- Develop and implement data protection and privacy policies, procedures, and guidelines to comply with relevant laws and regulations.Â
- Monitor and evaluate the bank’s data protection practices, identifying potential risks and recommending improvements or corrective measures.Â
- Conduct regular audits and risk assessments to ensure compliance with data protection legislation.Â
- Collaborate with various departments within the bank to develop privacy impact assessments (PIAs) and data protection impact assessments (DPIAs) for new systems and processes.Â
- Act as a liaison with regulatory bodies, supervisory authorities, and external auditors to address data protection inquiries, complaints, or investigations.Â
- Provide advice and guidance to the bank’s employees on data protection matters, ensuring awareness and education programs are in place.Â
- Review, negotiate, and ensure compliance with data protection requirements in contracts with vendors and third-party organizations.Â
- Oversee the implementation and maintenance of data protection tools, technologies, and security measures to prevent unauthorized access, loss, or alteration of data.Â
- Manage data breach incidents, including investigating and reporting incidents to the relevant authorities, as required.Â
- Stay informed about the evolving data protection and privacy landscape, keeping the bank up to date with changes in laws, regulations, and best practices.Â
- Participate in industry forums, conferences, and workshops to network with peers and stay current with emerging trends in data protection and privacy.Â
Experience / Skills
- In-Depth written and oral communication skillsÂ
- Business Analysis and Financial SkillsÂ
- Risk Control GovernanceÂ
- Customer Relationship ManagementÂ
- Budget Planning & ControlÂ
- Financial AccountingÂ
- Data Gathering and AnalysisÂ
- Experience with data protection and privacy tools and technologies is a plusÂ
- In-depth knowledge of data protection laws (e.g., General Data Protection Regulation – GDPR) and industry best practices.Â
- Experience in the banking or financial sector, preferably in a data protection or privacy-related role.Â
- Strong understanding of information security principles, data classification, and data governance.Â
- Excellent analytical and problem-solving skills.Â
- Detail-oriented with strong organizational and project management abilities.Â
- Strong communication and interpersonal skills to effectively collaborate with stakeholders at all levels.Â
- Ability to work independently and maintain confidentiality.Â