Enterprise Digital Data Records Retention Principal Manager

This role offers a hybrid work schedule; offering the flexibility to work remotely two days a week, while providing the opportunity for in-person collaboration.

This position is available in Buffalo, NY, Wilmington, DE or Bridgeport, CT

Sponsorship is NOT available for this position.

Join our team at a leading bank as a Digital Data Records Retention Manager. As a leader of this team, the Digital Data Records Retention Manager will play a crucial role in managing, designing, developing, implementing, and maintaining our digital data records retention strategy and framework. This role requires a blend of technical expertise, regulatory knowledge, and meticulous attention to detail to ensure we have a robust Enterprise Digital Data Record Management Lifecycle that complies with Legal and Regulatory obligations.

We are seeking candidates with a proven track record in Digital Data Record Management Lifecycle and strong leadership skills. Apply now to be part of our dynamic team.

About the Team

Our team is on a mission of unleashing the power of data to support decision making. Our team builds enduring data products, provides platforms to access & derive insights from data, enables confidence in decision making with appropriate data governance, delivers actionable insights through use of data science and activates value for the business by innovatively solving problems with data. We love translating data, insights, and anecdotes into action, we operate with a sense of urgency, have a startup mentality, build data analytic products at scale, and innovate solutions on behalf of our customers. We work hard but value the need for downtime to unplug and recharge. We embrace our differences and view them as a key driver of innovation. We are Data@M&T

FUNCTION:

• Own corporate Digital Data Record Retention Strategy, Policy and Framework.

• Build the corporate Digital Data Record Retention policy, standards, Operating model. Establish a prioritization framework and assist in building an implementation roadmap.

• Collect legal interpretation from banking Regulations impacting DDRR working with relevant stakeholders and gather regulatory Data Retention requirements across Compliance, applications, Business Units, privacy etc.

POSITION RESPONSIBILITIES:

• Collaborate with cross-functional teams to own, develop, and refine the bank's digital data records retention strategy in compliance with industry standards and regulatory requirements.

• Assess and classify various record types, determining appropriate retention periods based on legal obligations and business needs.

• Design and implement robust procedures and protocols for data retention, and disposal in alignment with the retention strategy.

• Serve as a subject matter expert, providing guidance and training to internal stakeholders on data retention best practices and compliance requirements.

• Develop and maintain the official repository for all Retention Schedules and any supporting documentation.

• Provide consultation and education to Business units and Application owners in the development of their procedures required to meet the provisions of their Retention Schedules.

• Develop training materials, documentation and visual cues and provide digital data record retention training and presentations to the cross departmental teams/ stakeholders.

• Build Power BI dashboards and KPIs to track progress and compliance with the Digital Data Records Retention policy.

• Stay abreast of evolving regulations and industry trends, updating the retention strategy accordingly to maintain compliance.

• Conduct regular audits and reviews to ensure adherence to the retention strategy, identify potential risks, and propose corrective actions.

• Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.  Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis.  Identify risk-related issues needing escalation to management.

• Promote an environment that supports diversity and reflects the M&T Bank brand.

• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.

• Complete other related duties as assigned. 

NATURE AND SCOPE: N/A

MANAGERIAL/SUPERVISORY RESPONSIBILITY:

Number of Staff: 5 - 7

MINIMUM QUALIFICATIONS REQUIRED:

• Bachelor’s degree and a minim