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Global Chief Privacy Officer, Managing Director
Mitsubishi UFJ Financial Group
New York, NY, United States
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Description
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 50 countries. In the U.S., we’re 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that’s working to fulfill its vision to be the world’s most trusted financial group.
Job Summary:
Reporting to the Chief Compliance Officer, the Chief Privacy Officer provides bankwide direction and support on all matters associated with consumer privacy protection rules mandated by the Gramm-Leach-Bliley Act (GLBS), FACTA Affiliate Marketing Rule, and state privacy laws that impose certain notice requirements and restrictions on the Bank's ability to disclose non-public personal information about consumers to the Bank's affiliates and non-affiliated third parties.
The Chief Privacy Officer will guide the Bank in the establishment and implementation of controls to manage privacy risk, as well as advising the Chief Compliance Officer, management and bank personnel on emerging privacy issues. This also includes providing direct support to Business Unit Compliance Officers, back office and support groups, and Bank subsidiaries. The Chief Privacy Officer may also coordinate Privacy QC reviews and analytic research, support Bank policy development, implementation and monitoring, and risk identification and mitigation controls/processes.
Major Responsibilities:
• Develop and maintain a bankwide Privacy Compliance Program (in conjunction with the business and impacted support units) that includes policies, procedures, processes, privacy statements, and quality control reviews – all designed to ensure that the Bank achieves optimal compliance with applicable privacy laws and regulations.
• Manage the development, administration and maintenance of internal controls sufficient to ensure compliance with all applicable privacy laws and regulations.
• Keep abreast of changes to privacy laws and regulations and regularly communicate these changes and other information bankwide and to senior management.
• Monitor pending or proposed regulatory changes, and analyze the potential impact on various areas of the Bank.
• Review and approve the business units' privacy policy and procedures, and coordinate their privacy compliance efforts.
• Provide training support and review and approve the privacy training programs of business units and other support units with privacy responsibilities.
• Conduct periodic and targeted testing of business and support units with privacy responsibilities.
• Advise on the privacy risk of new products and services, including those obtained through acquisitions, and determine how and whether the risks can be managed.
• Provide guidance to the business and support units (and the Bank's subsidiaries/affiliates) in preparation for privacy compliance exams.
• Ensure that compliance findings (internal and external) are resolved in a timely manner and that corrective action is effectively implemented.
• May supervise deposit operations compliance.
Qualifications
• Typically requires a bachelor's degree; advanced degree in business, finance or law viewed favorably.
• Comprehensive knowledge of privacy laws and regulations.
• Minimum 15 years of hands-on banking compliance experience with a focus on privacy issues, with at least 5 years of managerial and supervisory experience.
• Familiarity with bank services, systems, policies and procedures.
• Leadership skills and strong work ethic.
• Ability to operate effectively under pressure and meet deadlines.
• Excellent verbal and written skills, with the ability to communicate at all levels of staff and management.
• Strong analytical skills focused on problem solving and process improvement.
• Team oriented and collaborative.
• Ability to work across functional areas to develop effective working relationships across all Bank business and support units.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.