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Data Compliance Specialist

1 month ago

Saskatoon, Saskatchewan, Canada First Nations Bank of Canada Full time

About First Nations Bank of Canada:

First Nations Bank of Canada is a federally chartered bank primarily focused on providing financial services to the Indigenous marketplace in Canada. As an over 87% Indigenous-owned and controlled bank, FNBC advocates for the growth of the Indigenous economy and the economic well-being of Indigenous people.

Our Vision: We aim to be a leader in Indigenous banking while taking pride in our workforce comprising over 63% Indigenous employees working at locations across Canada.

About the Role:

The Data Compliance Specialist plays a crucial role in safeguarding data privacy practices. This full-time term opportunity would be based out of our Head office with a possibility for hybrid or remote work.

Key Responsibilities:

  • Assisting the Chief Privacy Officer with oversight of the Bank's Privacy program.
  • Conducting thorough privacy impact assessments and audits to evaluate compliance with privacy laws and regulations.
  • Developing, implementing, and maintaining comprehensive privacy policies and procedures in alignment with legal requirements and industry best practices.
  • Collaborating with IT and security teams to ensure that data protection measures are effectively integrated into technology platforms and business processes.
  • Monitoring changes in privacy legislation and adapting company policies to maintain compliance.
  • Providing guidance and training to staff on privacy matters, including data handling and breach response protocols.
  • Assisting with the management of data subject access requests, ensuring timely and compliant processing.
  • Investigating and responding to privacy incidents and breaches, including coordinating with legal, IT and communication teams as necessary.
  • Advising on privacy implications during the development and launch of new products or services.
  • Collaborating with vendors and third parties to ensure their practices align with the organization's privacy standards.
  • Conducting regular privacy risk assessments and recommending mitigating strategies to management.
  • Documenting and maintaining records of all privacy-related processes and decisions for accountability and audit purposes.
  • Generating regular reports and documentation on the privacy program's status, risks, and compliance.

Qualifications:

  • An undergraduate degree in Business, Finance, Information Technology or related field.
  • 3- years' experience working in a privacy role.
  • Privacy certifications considered an asset, e.g. CIPP.
  • Communication – communicates effectively with all levels of the organization.
  • Ethical – maintains a high standard of excellence when dealing with ethical, legal, or regulatory issues.
  • Detail-oriented.
  • Analytical.

What Makes You Stand Out:

  • Knowledge of federal and provincial privacy laws and guidelines in Canada, including Bill C-27 and Law 25.
  • Familiarity with OSFI regulations, including B-13 (Technology and Cyber Risk) and B-10 (Third-Party Risk Management).
  • Demonstrated strength in organizational and analytical abilities.
  • Strong written and verbal communication skills.

Location:

This full-time term opportunity would be based out of our Head office with a possibility for hybrid or remote work.