Data Governance Officer

4 Months ago

Minneapolis, Minnesota, United States

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Job Description

Venture Bank is seeking a Data Governance Officer in Minneapolis, MN, to establish its first Data Governance Program. The role involves developing frameworks, policies, and procedures for effective data management, security, and compliance. Key responsibilities include leading a data management committee, implementing data quality metrics, overseeing data validation processes, and collaborating with IT on governance tools. Candidates should have over 10 years of experience in banking or financial services, with strong strategic leadership skills.
The Data Governance Officer will be responsible for standing up the bank’s first Data Governance Program and supporting functions across the company. This role will develop and implement frameworks, policies, and procedures to ensure the effective management, security, privacy, and compliance of organizational data assets. The role will collaborate with cross-functional teams to establish data governance best practices, resolve data-related issues, and promote a data-driven culture throughout the organization. This role will have an ability to work cross functionally with business and technical leadership across the company.

Responsibilities
• Develop and implement a comprehensive data governance framework, including policies, standards, and procedures, to ensure the effective management and control of data assets.
• Develop objectives, plans, specifications, resources, and long-term goals to support the company’s data management objectives and regulatory obligations.
• Establish and chair a data management committee and working groups, as appropriate, to govern data management objectives across first and second lines of defense.
• Establish and implement data quality Key Risk Indicators (KRIs) and other metrics for measuring and reporting data related risks.
• Develop and deliver quality reporting to the Board of Directors, senior leadership and other stakeholders across the company.
• Adopt and administer data quality and data governance technologies and tools necessary to support the Program’s objectives.
• Establish and maintain data governance processes and structures to address data stewardship, data quality, metadata management, data classification, and data lineage.
• Oversee business line processes for data validation, data defect management and issue remediation.
• Direct or support highly complex analysis activities to identify and remediate data quality or integrity issues and to identify and remediate process or control gaps.
• Monitor and enforce data governance and privacy policies and procedures, ensuring adherence across the organization through training programs, awareness campaigns, and regular audits.
• Provide guidance and support to data stewards and other relevant teams in data governance and privacy activities, including data classification, data access controls, and data lifecycle management with privacy considerations.
• Drive data quality initiatives, establish data quality metrics, and implement data quality monitoring processes to ensure data integrity, accuracy, and privacy compliance.
• Collaborate with IT teams to design and implement data governance tools, technologies, and infrastructure to support data governance and privacy initiatives effectively.
• Stay updated with industry trends, emerging technologies, and regulatory changes related to data governance and privacy, and apply this knowledge to enhance the organization's data governance and privacy practices.

Qualifications
• 10+ years relevant experience in in Banking, Financial Service
• Bachelor's degree required, Master's preferred.
• Strong ability to perform extensive strategic leadership in delivering business value through vision, governance, and executive management
• Strategic mindset, with ability to foresee future possibilities and translate them into breakthrough strategies
• Manage through ambiguity by making sense of complex, high quantity and sometimes contradictory information to effectively solve problems
• Communicates effectively; develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences
• Experience creating and executing against frameworks that improve the quality and value of data to meet regulatory commitments and enhance risk management
• Experience leveraging glossary, lineage, and data quality tools to drive governance
• Experience creating and being a champion for a positive risk culture that supports sustainable business growth through transparent engagement, a partnership approach, and a no-tolerance approach for behavior that exposes the organization to an inappropriate amount of risk
• Able to anticipate and balance needs of multiple stakeholders
• Structured Query Language (SQL)
• Experience with Data Governance tools (example Collibra, IBM ISEE, Informatica, etc.)
• Knowledge and understanding of data management concepts, processes, tools, infrastructure, and environments
• Knowledge and understanding of data governance program development and implementation in a large organization across multiple business functions
• Demonstrate strong communication skills
• Experience with SAS, Python, SQL, or equivalent data query tools
• Strong understanding of Management Reporting. Proficiency with data flows, report outputs, and data dictionaries
• DAMA certification preferred

Cultural Alignment
Choice is #PeopleFirst, banking second.
People don’t need just another bank. People need to be supported by a team of trusted partners who will get to know them and their business, understand their challenges, discover their dreams, and recognize the success in bringing people and banking together in our communities.

In contributing to our culture, Choice team members are guided by our core values.
• Embrace change and encourage innovation.
• Know when to ask for help and know when to offer help.
• Better the places we live.
• Work hard. Do the right thing. Have a little fun.

Our vision of Diversity at Choice is supported by our #PeopleFirst mission and our core values.
Being #PeopleFirst means that Choice is committed to focusing attention and resources towards creating an environment where everyone feels respected and valued and can do their best work. Doing the right thing means encouraging employees to share their experiences and ideas, and to bring their whole authentic selves to work. Together, we can build an inclusive culture that seeks out, supports, and celebrates diverse voices. We can use our diversity to fuel creativity and innovation and bring us closer to our customers and the communities we serve. Be welcome at Choice. We can see you here.

The base salary for this role will begin at $91,390 and up to $137,090 Annually. This pay range is posted to comply with wage transparency laws. The base salary may vary based on skill, ability, knowledge, experience and geographic location. Full time employees are also eligible for a competitive bonus and benefits package. Check out bankwithchoice.com/careers for an outline of current benefit offerings.

Venture Bank


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