Executive Director, Data Governance Lead

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

 

Pay and Benefits:
 

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
  
   

The Impact you will have in this role: 

We are seeking an experienced Data Governance Lead to oversee the maturation, implementation, and management of our enterprise data governance framework. The ideal candidate will have a strong understanding of data management principles, regulatory requirements, and best practices in data governance. They will work closely with stakeholders across the organization to ensure data policies are effectively communicated and adhered to, enhancing data quality, security, and compliance across the enterprise.

Your Primary Responsibilities: 

• Implement a comprehensive data governance framework that aligns with organizational strategy and regulatory requirements.
• Establish and enforce policies, standards, and procedures to ensure data quality, integrity, availability, and security.
• Lead cross-functional teams to identify data-related business needs and develop solutions that promote efficient and effective data management.
• Collaborate with data stewards, business units, IT and other key stakeholders to create and maintain data dictionaries, metadata repositories, data lineage, data quality rules.
• Collaborate with second-line functions, including Data Risk Management.
• Monitor and report on data governance metrics and KPIs to measure the effectiveness and compliance ofgovernance initiatives.
• Facilitate data governance committee meetings, providing regular updates to senior leadership on the status of data governance initiatives and key risks or opportunities.
• Provide guidance and training to stakeholders on data governance best practices, tools, and technologies to build a culture of data ownership and accountability.
• Stay informed of industry trends, new regulations, and technological advancements that may impact data governance policies and processes.
• Oversee the resolution of data governance issues and conflicts, ensuring timely and effective remediation.

**NOTE: The Primary Responsibilities of this role are not limited to the details above. ** 

Leadership Competencies

• Inclusive Leadership: Values individuals and embraces collaboration and diversity by integrating differences and promoting diversity and inclusion across teams and functions.

• Strategic Thinking: Effectively translates the vision into specific business objectives, thinks of different ways to do things and through all angles to provide insights and develop strategies that guide future decisions.

• Organizational Savvy: Understands DTCC’s products and service offerings, as well as key stakeholders, and demonstrates the ability to form and cultivate internal networks that will help navigate getting things done.

• Leading Change:  Embraces and adapts well to changing circumstances, identifies areas of needed change and employs many methods to drive those activities to meet organizational goals.   

• Financial Acumen: Understands business financials and has the ability to work with complex data and information, and adopts practical and workable approaches. 

Qualifications:

• Minimum of 15 years of related experience.

• Bachelor's degree preferred or equivalent experience.

Talents needed for success: 

• Strong data management and data governance experience, preferably but not necessarily in financial    services.
• Understands and uses modern data governance tools that drive automation, scaling and efficiency.
• Experience in internal audit, regulatory, compliance, privacy, records retention matters.
• Demonstrates collaboration and flexibility to adjust to DTCC specific practices; Drives creative and solution-oriented activity with all participants and stakeholders.
• Executes against the vision, and effectively translates into implementation roadmaps and technology requirements.
• Comfortable communicating with all stakeholders (technology, clients, finance, integration, sales, ops) to engage in discussion, create user stories, and consistently deliver the right products and solutions.
• Knowledge of financial services operations and technology, in particular Post Trade Processing, trends and user demands is beneficial but not required.