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Federal Reserve System Director, Privacy Program in Minneapolis, Minnesota

Company

Federal Reserve Bank of Minneapolis

The Federal Reserve Bank of Minneapolis's Data Privacy Office is seeking a Director, Privacy Program to support the program’s strategic priorities.

Best qualified candidates will bring a strong foundation in Project Management skills in the area of Risk and Compliance with knowledge of Privacy requirements.

The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person. Onsite work is an essential function of this position, and you are expected to be in the office (3) days per week for meetings and team collaboration.

Responsibilities:

As the Director, Privacy Program, you will direct and coordinate operations for the local implementation and management of the System Privacy Program; communicate and collaborate across The Federal Reserve System. In addition, you will serve as a delegate for the System Privacy Officer (SPO), manage the local response to privacy incidents.

You will bring relevant expertise in program management to support the overall team by:

  • Supervising and/or performing Privacy Assessments for business lines in the Minneapolis District.

  • Maintain a high level of knowledge of the operational, technical and policy issues relating to the industry.

  • Support the SPO in meetings and take responsibility for completion of action items, ensure agendas are set, minutes are taken, cascades agreed, and actions are tracked to confirm objectives.

  • Proactively identify opportunities to add value to SPO and the FRS, by interpreting, simplifying, and prioritizing relevant insights to drive decision making.

  • Provide strong leadership and act as a liaison between the stakeholders to ensure consistent communication and ensuring involvement or decision making at the proper time.

  • Work cross functionally on one or many strategic initiatives and assist in establishing project reporting standards, templates, and reporting processes and policies.

  • Build consensus in work-group settings and team discussions among privacy stakeholders across the Federal Reserve System (FRS). Influence others to achieve desired outcomes.

  • Perform other duties as assigned.

Qualifications:

  • Bachelor’s degree AND ten (10) years of experience in compliance, operations, or business risk in the financial services industry OR

  • Master’s degree AND eight (8) years of experience in compliance, operations, or business risk in the financial services industry.

  • Experience must include supervisory experience, preferably in the regulatory and compliance services practice of the big 4 consulting firms.

  • Deep knowledge, understanding and experience in privacy regulations along with knowledge of CCPA, GDPR, HIPAA.

  • Experience in identifying and managing risks related to processing data. Proficiency in conducting impact assessments and written communication skills.

  • Exceptional ability to implement and evangelize use of project management structures (e.g., project plans, weekly status reports and meetings, prioritized issues resolution log, risk log including mitigation measures, transition plans, etc.)

  • Demonstrated track record in sound judgment, strong attention to detail, and persistence in following issues to conclusion.

  • Experience with Office 365 required, experience with risk management platforms such as Onetrust is preferred.

Individual and Leadership Competencies that you should bring to this position:

  • Relationship Management

  • Leading in Ambiguity

  • Decision Making

Additional Information:

Salary Range: $140,100- $175,178- $210,200 Annually.

Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

  • Comprehensive healthcare options (Medical, Dental, and Vision)

  • 401(k) match, and a fully funded pension plan

  • Paid time off and holidays

  • Free public transportation passes

  • Annual educational assistance

  • On-site fitness facility

  • Professional development programs, training, and conferences

  • And more…

The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued. We believe that we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists (https://www.minneapolisfed.org/about-us/careers/job-profiles) , we work together to represent you in our economy.

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Operations

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)

OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

Why Our People Choose Us:

Our reputation precedes us

There will always be room for personal growth

Our people are first

You’ll find the right balance

Your responsibilities will be meaningful

We hope that you will be our future colleague.

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