Data Risk Manager
- London
- Full-time
- COO
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302_12235
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The world of investment is changing. Our vision at Legal & General Investment Management is to create a better, more sustainable future through responsible investing. We work in partnership with our clients around the globe to deliver positive long-term outcomes, while rising to the challenges of a rapidly changing world. Our clients include institutional pension funds, financial institutions, local authorities and sovereign wealth funds. To meet our clients’ complex and evolving investment needs, our investment strategies cover a broad array of asset classes and styles, including equities, bonds, property and alternatives, as well as multi-asset funds. We’re focused on continuously innovating our investment products, maintaining our reputation as experts across all asset classes, and striving to build a more responsible and sustainable future.
We are currently recruiting a Data Risk Manager to join our team.
The Data Risk Manager will be responsible for embedding and deploying a Data Risk Framework across 1st and 2nd line teams in LGIM. This role will strengthen the data risk regime that enables LGIM to mature, evidence data capabilities, and mitigate data risk. You will define policies, standards and controls and support a data risk process to support business teams to assess their use of data and ensure the right level of controls are applied for the consistency and integrity of data to meet business need and mitigate data risks.
Responsibility includes ensuring LGIM's Data Privacy and Protection Policies and Operating Standards are understood and implemented across LGIM in line with DPA2018 and GDPR. The data risk manager works closely with the business to assess risks resulting from data privacy needs assessments, records of processing activities, data privacy impact assessments, and cross-border data transfer.
The Data Risk Manager works closely with Audit, Risk, Business teams, IT and change programmes and supports those in data roles to understand their responsibilities and implement data requirements using standard approaches.
What you'll be doing
Applying policies and setting standard approaches to data risk
- Deploy the Data Risk Framework and work with 2nd line, data teams, IT teams, projects and the business to ensure it is successful
- Define standards, controls, metrics and guidance to be applied across data flows and datasets.
Supporting Compliance with Data Regulations such as DPA and GDPR
- Collate individual rights requests, such as Subject Access Requests (SARs)
- Collate information where a Data Breach occurs
- Ensuring PII data falling outside the Group’s data retention criteria is deleted or obfuscated.
Providing Subject Matter Expertise and support to ongoing:
- Record of Processing Activities (RPA)
- Data Privacy Impact Assessment documentation (DPIA).
- Legitimate Interest Assessments (LIA’s).
- Data Transfers Assessments
Data Risk Assessments
- Support the LGIM data risk assessment process
- Support business teams to assess their use of data and ensure the right level of controls are applied for the consistency and integrity of data to meet business need and mitigate data risks
- Oversee and report on the outputs of Data risk assessments
- Support data risk assessments during the change lifecycle
- Maintain data risks in the risk registers and escalate where needed
Risk and Control Self-Assessment Process
- Work closely with 2nd line to ensure RCSA processes are embedded for Data Risk.
- Ensure 1st line data controls are identified, measured, monitored and managed and reported as part of the LGIM Risk and Control Self Assessment framework.
Supporting Data Priorities from a Data Risk perspective
- Provide Data Risk expertise to strategic data initiatives and support appropriate deployment of data controls in order to mitigate data risks.
Data Audit
- Maintain a collaborative relationship with Audit (3rd line of defence) and ensure data related Audit Actions are completed to agreed timescales.
What we're looking for
- Must have detailed understanding of data risk and controls required to mitigate.
- Excellent working knowledge of data regulations such a GDPR
- Excellent understanding and practical experience of implementing data risk across multiple stakeholders and roles.
- Must have experience of working on Data project/s
- Collaborative approach to working with data operational teams, developers, architects and subject matter experts alike, to establish the facts, and ensure good communication of requirements
- Excellent communication skills to articulate data and the associated benefits to a non-expert audience.
- Highly organised and Innovative SME able to deliver in a large matrix organisation.
- Experience in running workshops with different business and technical stakeholders
- Must be able to handle complex and difficult queries or situations.
- Relationship and stakeholder management with experience of working professionally with a diverse group of stakeholders, managers, and subject matter experts, building positive and productive relationships
- Experience of working in an Agile environment with agile development capabilities and toolsets - Jira and Confluence
- Demonstrate accountability and ability to adapt and move quickly, against a deadline/changing deadline while maintaining quality.
- Any form of GDPR certification
- Understanding of Data Engineering and Data Ops concepts, processes and toolsets.
- Skills in data analysis (understanding macros, scripts, queries to profile data and determine its data quality)
- Exposure to and confidence in cloud computing concepts and data use cases
When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.
If you join us, you’ll get access to some great benefits, including private medical insurance, 27 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.
You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.
The brand with the brolly is choosing today to change tomorrow.
Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.
We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.
We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.
At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.
Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?
Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.
We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.
We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.
We all work differently, and have different needs, which is why. we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.
So whoever you are, wherever you are, whatever your story, we'd love to hear from you.
Great news! We will let you know when a new job like this has been added!
Working for us
Here, your actions and ideas come to life in exciting and meaningful ways. Ours is a story of evolution, a journey we can go on together. Ours is a culture of trust and collaboration, genuinely caring about society and one another. At Legal & General, your story will be anything but familiar.
Read MoreOur businesses
There’s so much more to us than meets the eye. We’re insurers, investors, builders, city-regenerators and green technology champions. And whatever the future holds, our people’s knowledge, skill and passion will mean we’re placed to make a real difference to society.
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