Managing Director & Chief Data Officer, Global Banking & Markets
ScotiabankAbout the role
Requisition ID: 222980
Employee Referral Program – Potential Reward: $0.00
Salary Range: 247,200.00 - 411,000.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.
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Location: New York, NY
Position: Managing Director & Chief Data Officer, Global Banking & Markets
Purpose:
The Global Banking and Markets Chief Data Officer (GBM CDO) is responsible for driving the data governance strategy and implementation across the Global Banking and Markets business line. Leading a Data Governance team and working closely with internal partners, the individual will define, implement, and monitor compliance against the enterprise data policy, leveraging industry-leading data governance practices and data management capabilities in alignment with enterprise strategic priorities, business line priorities and regulatory requirements.
Accountabilities:
- Define the GBM data strategy (medium and long-term) and associated roadmap, ensuring it is aligned to the GBM Business strategy, the Enterprise data strategy and Enterprise data policy
- Understand business priorities and requirements and align the data management program to these priorities
- Define and implement the data management operational framework across GBM to meet enterprise, business and regulatory priorities and policies.
- Define and implement the organizational structures and operating models needed to support the objectives of the data program.
- Build a high-performance environment and implement a people strategy that attracts, retains, develops and motivates the team by fostering an inclusive work environment; communicating vision/values/business strategy and managing succession and development planning for the team.
- Collaborate with Enterprise Data Office to influence the Bank’s overall data governance and management capabilities, decisions relating to policy, practices, supporting technology, and talent development.
- Ensure data governance and management capabilities are implemented in accordance with all enterprise policies and controls.
- Establish leading data management practices and capabilities relating to data quality, data provisioning, metadata, lineage, reference data, issue management and change management across GBM.
- Monitor compliance with data policies and standards
- Design and implement the framework (including associated processes) necessary to sustain a data control environment.
- Establish a data quality framework necessary to enable data quality reporting, issue identification, remediation and tracking, ultimately ensuring trust and confidence in data across domains.
- Partner with Technology to define the data architecture, ensuring a unified view of data across the organization.
- Partner with Technology to govern the technology architecture to ensure alignment with the data architecture and implementation of data management controls.
- Lead and participate in multiple projects.
- Lead regulatory initiatives and efforts relating to data management and meet with the regulators to describe the data management capabilities being implemented and associate roadmap.
- Ensure business stakeholder understanding, alignment and commitment to the objectives of the data governance and management program.
- Establish a training and communications program to raise data awareness and ensure everyone knows their role in the goal of improving the quality and effectiveness of data across GBM.
- Establish mature data domains and business ownership via essential data management roles (i.e. Data Stewards).
- Develop business cases and performance metrics to secure program funding/resources and to measure business value.
- Develop and implement metrics needed to monitor/report on data management progress and the impact that the data program is having on enabling the business and improving data
- Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
- Actively pursue effective and efficient operations of his/her respective areas, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect
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