Data Protection Officer

Join us as a Data Protection Officer in our Private Banking team based in Monaco.

This is a new position at Barclays and is a key governance and compliance role, responsible for overseeing the bank's data protection strategy and ensuring adherence to regulations and the Data Protection Act. The Data Protection Officer provides strategic and practical guidance, manages regulatory interactions, and fosters a culture of data privacy.

In this role you will be working closely with the local regulator in Monaco – APDP, ensuring the organization adheres to data protection laws and regulations.

Essential skills:

• Good knowledge of local regulations
• Ability to manage relationships with regulator
• Previous experience working as a Data Protection Officer within the local market
• Fluent French and English speaker

Desirable skills:

• Previous experience working as a Data Protection Officer within an International Bank
• Previous experience working with APDP
• Experience within cyber or compliance

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role may be based in Monaco.

Purpose of the role

A Data Privacy Officer (DPO) is responsible for ensuring compliance with data protection laws and managing data privacy risks within an organization. The DPO will act as the primary point of contact between the organization and data protection authorities, addressing any inquiries or compliance issues.

The DPO will also be in charge to implement data quality process and procedures, ensuring that data is reliable and trustworthy, then extract actionable insights from it to help the organisation improve its operation, and optimise resources. 

Accountabilities

• Investigation and analysis of data issues related to quality, lineage, controls, and authoritative source identification.
• Execution of data cleansing and transformation tasks to prepare data for analysis.
• Designing and building data pipelines to automate data movement and processing.
• Development and application of advanced analytical techniques, including machine learning and AI, to solve complex business problems.
• Documentation of data quality findings and recommendations for improvement.
• Compliance Management: Ensure the organization adheres to data protection laws and regulations, especially Monaco Law n° 1.565 of 3 December 2024 on personal data protection  This includes conducting privacy assessments and audits.
• Policy Development: Develop and implement data privacy policies and procedures to safeguard personal data and ensure compliance with legal requirements.
• Training and Awareness: Educate employees about data privacy practices and compliance requirements through training sessions and workshops.
• Risk Assessment: Conduct regular risk assessments to identify potential data privacy risks and implement mitigation strategies.
• Liaison with Authorities: Act as the primary point of contact between the organization and data protection authorities, addressing any inquiries or compliance issues.
• Data Processing Records: Maintain records of all data processing activities conducted by the organization, ensuring transparency and accountability. Implement and update a local Data Treatment Register.
• Incident Management: Oversee the response to data breaches or privacy incidents, including conducting impact assessments and notifying relevant authorities as required.
• Data quality Assessment: Implement data quality process and procedures, ensuring that data is reliable and trustworthy, especially with regards to regulatory reporting

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.