Privacy Risk & Compliance Officer
Salary- Dependant on experience
Location- UK
Privacy Risk & Compliance Officer
The Privacy Risk & Compliance Officer, formerly known as PRCO, is responsible for the overall administration and execution of the global compliance, risk and privacy programs for the country and or subsidiary. This position reports directly into the country management structure and has a direct line reporting relationship to the Regional Privacy Officer, the Head of Risk and the Head of Compliance.
Responsibilities
Responsibilities will include:
The PRCO is responsible and accountable for the following activities as well as other activities at the direction of the local leadership team or the Regional Privacy Officer, the Head of Risk and the Head of Compliance.
In coordination with local/regional IT, review IT ROP’s to ensure accuracy, completeness, and are regularly updated
In coordination with SAM or local Account Managers, ensure existing clients have been notified regarding data privacy amendments, the negotiation process has been initiated, and client contracts have been updated with data privacy amendments as needed
In coordination with Business Development, SAM, or local Account Managers, as appropriate, ensure liaison with the Legal Department so that contracts with new clients include the appropriate data privacy and compliance provisions.
In accordance with the process established by the Global Privacy & Compliance Office, review and approve completed Vendor Due Diligence Questionnaires, or escalate as needed to appropriate the SVP of Privacy or CPO and Regional Privacy Officer,
Provide specific reporting metrics as required by the Global Privacy, Risk & Compliance Office on a regular, consistent basis.
Ongoing monitoring and tracking of applicable local laws, regulations and legal obligations in the fields of risk, compliance and privacy, and report new or amendments to applicable laws, regulations, or legal obligations in the fields of risk, compliance and privacy to the Global Privacy, Risk & Compliance Office, as requested.
Document Privacy, Risk and Compliance systems and prepare reports for Global Privacy, Risk and Compliance Office, senior management and together with the Global Privacy, Risk and Compliance Office, external regulatory bodies as appropriate.
The PRCO will be responsible for the implementation and maintenance of the risk management framework within the area of responsibility in-line with our strategic plans. The role will include developing and maintaining detailed risk management processes and working with key business stakeholders to facilitate the embedding of these. It also includes review of control effectiveness and monitoring of mitigation action plans. The PRCO is the key point of contact for risk reporting to the Global Risk Team, for ad-hoc incident reporting and for the escalation of significant risk events.
Promote a culture of risk awareness to the local management, ensure clear understanding of the objectives and the importance of the risk management and the internal controls, and explain the consequences of unmanaged risks
Location
Near UK office location
Qualifications and experience
Education
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