About the position
The Associate - Risk Data Management role will be within the Risk Department (RMDAD), reporting to the Director - Risk Data Management. The role involves executing data governance, improving operational data quality, and implementing BCBS 239 compliance. The Associate will ensure timely, accurate, and complete collection and aggregation of risk data, act as a data steward, and provide guidance to ensure best practices are followed. Responsibilities include defining, monitoring, and maintaining the risk department's data assets, establishing inventories of key data outputs, documenting data lineage, and defining data quality controls. The role also requires collaboration with internal stakeholders to ensure awareness and escalation of issues as they arise.
Responsibilities
- Execute data governance, improve operational data quality, and implement BCBS 239 compliance.
- Act as a data steward, providing guidance and ensuring best practices are followed.
- Define, monitor, and maintain the risk department's data assets.
- Establish inventories of key data outputs and key data elements.
- Document data lineage and define and monitor data quality controls.
- Establish key performance indicators for data quality and regularly report on metrics.
- Identify data quality issues and work with the CDO team and other stakeholders to resolve these issues.
- Ensure risk reporting is accurate, clear, and complete, and presented to the right stakeholders timely.
- Collaborate with other internal stakeholders to ensure appropriate awareness and escalation of issues.
Requirements
- 3 - 5 years of experience in a relevant field.
- 2 - 3 years of specialized experience as a data practitioner in Financial Services, preferably in the risk domain.
- BS/BA Required, preferred majors: computer science, information/data/system management; MBA or MS/PhD in information science.
- Strong communication (oral and written) and presentation skills.
- Previous experience with data governance and data quality issue management.
- Demonstrated experience working on key data elements and data lineage establishment.
- Experience in risk reporting preferred.
- Ability to communicate business ideas and topics to technical and nontechnical audience.
- Ability to influence people outside the immediate span of control, negotiate and resolve conflicts.
- Preferably knowledge of banking data systems (including SQL, NoSQL) and cloud data platforms (e.g. Azure).
- Ability to work under pressure and manage a significant workload with minimal supervision.
- Ability to collaborate with and successfully contribute to cross-functional teams.
- Advanced skills in MS Office products (PowerPoint, Excel, Word, etc.).
Benefits
- Competitive salary range between $90,000.00 and $135,000.00.
- Annual discretionary incentive award.
- Competitive portfolio of benefits.
