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  • Senior Compliance Officer: Data Privacy - Johannesburg - Absa Bank

    Absa Bank
    Absa Bank Johannesburg

    2 weeks ago

    Default job background
    Description

    Senior Compliance Officer: Data Privacy

    To develop strategic plans for data privacy and ensure operational implementation of compliance management methodology, governance and delivery objectives.

    Key Responsibilities:

    • Develop tactical strategy and delivery plans for data privacy.
    • Formulate associated practices and ensure operational implementation of compliance management methodology, governance and delivery objectives.
    • Assist in driving compliance to all data privacy laws and regulations.
    • Develop and oversee the application of data privacy policies and standards for Absa Group Limited and maintain these on an annual basis.
    • Enable compliance with data privacy regulations and foster a data protection culture within the organization.
    • Conduct data protection impact assessments for the Group's products, projects, and processes.
    • Provide SME guidance on Data Privacy Risk management with Business stakeholders and suppliers.
    • Partner with Business and Technology to ensure data privacy issues are considered at the outset of new projects, products, and initiatives.
    • Monitor the evolving data privacy regulatory landscape.
    • Inform and monitor the Absa Group Limited Data Privacy risk appetite and changes to it.
    • Assist in the development and maintaining of an appropriate operating model to ensure that the data privacy policy requirements are implemented within the Business with adequate oversight from the Group Privacy Office.
    • Assess the risk on all requests for dispensations, waivers, and breaches.
    • Participate in investigations, reviews, approvals, incidents, and exceptions to address matters impacting the risk.
    • Develop the process for identifying and assessing all severity 1-4 incidents within Absa Group Limited.

    Accountability:

    Oversight & Reporting:

    • Monitor compliance with data protection regulations and Group policies.
    • Engage with regulators and keep up to date with data privacy regulations.
    • Support data incident response and data breach notification procedures.
    • Validate and respond to data subject requests.
    • Oversee data privacy incident and breach procedures and response.
    • Develop and implement training on policies and standards.
    • Review and make recommendations on Key Risk Indicators.
    • Report on the status of data privacy risk to internal and external stakeholders.

    Management and Leadership:

    • Develop the capability to identify emerging risks and potential enhancements to the Risk Framework and Data Privacy Policy.
    • Develop and implement policies, procedures, and systems to identify and assess Data Privacy risks.
    • Promote cultural, behavioral, and organisational changes necessary for continuous improvement.

    Education and Experience Required:

    • Bachelor's degree in Commerce, Legal or Business.
    • 3-5 years' experience in Compliance, Data Risk Management, Auditor Risk management.

    Knowledge & Skills:

    • Data Privacy Risk Management.
    • Relevant local and international regulatory environments including data privacy.
    • Data governance and risk governance frameworks.
    • Compliance best practices.
    • Strong leadership skills.
    • Intellectual and analytical skills.
    • Good verbal and written communication skills.

    Competencies:

    • Business report writing.
    • Coping with pressures and setbacks.
    • Entrepreneurial thinking.
    • Decision making.
    • Strategy formulation.
    • Leadership.
    • Persuasion and influence.
    • Communication.

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