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Sumitomo Mitsui Banking Corporation
Los Angeles, CA | Full Time
$127k-165k (estimate)
1 Week Ago
Privacy Compliance Manager (Remote)
$127k-165k (estimate)
Full Time | Banking 1 Week Ago
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Sumitomo Mitsui Banking Corporation is Hiring a Remote Privacy Compliance Manager (Remote)

Join us on our mission to create a completely new, 100% digital bank that truly serves customers' best interests. We are a close-knit and fun-loving team of seasoned financial services professionals who came together for the challenge of building a bank from scratch - and we are committed to doing it all the right way (from technology infrastructure to modern marketing to customer experience).

The anticipated salary range for this role is between $158,895.00and $196,167.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

We work with the flexibility and speed of a start-up. But we also have significant stability and capital from being part of the SMBC Group (Sumitomo Mitsui Banking Corporation). SMBC is the second largest bank in Japan and the 12th largest bank in the world with operations in over forty countries. And SMBC is committed to disrupting the US marketplace with ground-breaking products.

It is the best of both worlds, and we are seeking proven marketing leaders to propel us towards a national launch. We have both the ambitious growth plans and the 'patient capital' necessary to execute a multi-year plan. Join us on the journey to deliver an exciting concept of evolved banking.

SUMMARY:

SMBC MANUBANK is committed to ensuring that all our customers' and employees' data is protected. Reporting to the Director, Privacy Officer - SMBC MANUBANK, the Privacy Compliance Manager (PCM) will oversee activities related to Privacy Compliance Risk at SMBC MANUBANK. The PCM will be responsible for measuring, assessing, mitigating, and reporting Privacy Compliance Risk. Responsibilities include daily operations of the Privacy Compliance Risk program; development, implementation, and maintenance of strategies and Privacy Compliance Risk activities.

PRINICPAL DUTIES AND RESPONSIBILITIES:
  • Structure and implement programmatic functions related to Privacy Compliance Risk including identifying enterprise Privacy compliance risk exposure and implementing controls needed
  • Take a central role in the development and implementation of a comprehensive Privacy Compliance Risk program across SMBC - MANUBANK
  • Create and maintain data Privacy policies, standards, and procedures on a regular basis to ensure completeness, sustainability and clarity as business landscape evolves
  • Leverage audit findings, internal and external case studies, and stakeholder feedback to identify possible framework gaps to be addressed
  • Perform information Privacy Compliance Risk assessments and oversee risk mitigation and remediation efforts
  • Collaborate with legal for assessment and advice on Privacy-related Compliance Risks (e.g., new or existing products and services, technology and applications for the use and processing of data)
  • Identify and plan for implementation of controls for managing Privacy Compliance Risk in conjunction with Vendor Management, Records Management, Information Security, Data Governance, Information Technology, and Privacy Counsel
  • Monitor the use and effectiveness of Privacy-related Compliance Risk mitigation and measures with updates reviewed and implemented as needed
  • Partner with Information Security to ensure alignment between security and Privacy programs, including policies, practices, and investigations
POSITION SPECIFICATIONS:
  • 7 years of relevant operational Privacy Compliance experience
  • 5 years of banking experience
  • Demonstrable understanding of developing and implementing controls and compliance and operational risk management within a financial services organization
  • Knowledge and experience with national and state/territorial Privacy laws, including GLBA, CCPA/CPRA, PIPEDA, etc.
  • Experience applying Privacy-by-Design principles
  • Solid understanding of banking products, operations, and data
  • Effective negotiation skills, a proactive approach to communicating issues and strength in sustaining independent views while bring able to influence across a wide range of internal stakeholders
  • Strong leadership and management skills; experience working with teams containing entry-level and senior-level staff
  • Excellent written and oral communication skills and experience presenting to executive management
  • Bachelor's degree required
  • Privacy certification such as CIPP or CIPM is preferred

EOE STATEMENT
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.

CCPA DISCLOSURE
Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that Manufacturers Bank collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at https://www.manufacturersbank.com/CCPA-Privacy. Persons with disabilities may contact our Customer Contact Center toll-free at (877) 560-9812 to request the information in this Notice in an alternative format.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$127k-165k (estimate)

POST DATE

05/09/2024

EXPIRATION DATE

07/08/2024

HEADQUARTERS

NANMATOU, SHANGHAI

SIZE

1,000 - 3,000

FOUNDED

2009

CEO

TATSUTA TOSHIYUKI

REVENUE

$200M - $500M

INDUSTRY

Banking

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