Managing Director & Chief Data Officer, Global Banking & Markets

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 to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk, including but not limited to responsibilities under the Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct.

Education / Experience

• Senior manager with significant experience (~10 years) in Data Governance and Management
• Demonstrated knowledge of data management practices (critical data elements, data dictionaries, data architecture, data quality, data control, etc.)
• Thorough knowledge of cutting-edge data management tools, industry advances, etc.
• Knowledge and experience in the Global Banking and Markets business
• Demonstrated information management and quantitative skills, including working knowledge of IT infrastructure, various technologies/platforms, and aligned vendor solutions with enterprise strategic priorities.
• Understanding of organizational design and the ability to shape and drive large-scale, cross-functional programs around people, technology, processes, and tools.
• Demonstrated ability to balance long-term strategy with quick wins.
• Demonstrated ability for strategic influencing and education of cross-functional stakeholders about the strategic importance and value of data governance.
• Experience managing large teams and delivering results.
• Minimum qualifications:
  • Knowledge of Global Banking and Markets regulatory environment is preferred
  • +10 years of experience in capital markets is preferred
  • Graduate degree or equivalent
  • ~10 years of Data Governance or Management related experience (e.g. Data Quality, Metadata, Issue Management, Reference Data, Data Provisioning, etc.)

Location(s): United States : New York : New York City

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

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