Privacy Engineer Retail, VP

State Street • Boston, MA

15d • $115,000 - $190,000

About The Position

The State Street Global Privacy Office is seeking a Privacy Engineer professional with demonstrated experience implementing Privacy by Design (PbD) practices and assessing Privacy risk in a Global Retail Financial Services organization. As State Street expands its retail wealth services offering, this role will be responsible for ensuring that our retail brokerage operations comply with all applicable data protection and privacy laws, regulations, and internal policies. This role involves monitoring and assessing privacy risks and providing guidance to the business on Privacy-related matters. The candidate should have experience with: Specialized Privacy knowledge required for retail brokers offering retail services including managing consent processes and mechanisms. Establishing and maintaining compliance policies, procedures, and controls based on regulations and in accordance with requirements and processes. Providing Privacy advisory support to the business as a subject matter expert.

Requirements

• Excellent written and verbal communication skills
• Ability to interact effectively and cross-functionally with stakeholders at all levels
• Ability to manage complexity, to effectively prioritize multiple projects, and work independently in a fast-paced environment
• Outstanding analytical skills and attention to detail coupled with the ability to think strategically
• Bachelor’s degree in cyber security, information systems, or computer science
• 8+ years of privacy, data protection, audit or risk experience in a retail financial services organization.
• Understanding of global data privacy regulations, including the GDPR, GLBA, etc.
• Experience working cross-functionally on enterprise-wide programs
• Experience working with remote / geographically dispersed teams

Nice To Haves

• CIPP/US, CIPT, CDPSE, CISA, or other relevant privacy / IT audit certifications preferred

Responsibilities

• Working cross-functionally with key stakeholders in product development, information technology, legal, cyber security, and enterprise risk to embed Privacy by Design (PbD).
• Conducting Privacy Risk Assessments of regulations and laws (GLBA, GDPR, CCPA and other frameworks and regulations) to evaluate risks and propose mitigation controls/strategies.
• Performing Privacy Impact Assessments on new business initiatives and products to identify potential privacy risks.
• Providing guidance, oversight, and challenge to business stakeholders on privacy related risks, issues, and concerns.
• Manage systems for obtaining, recording, and tracking user consent for data collection and processing.
• Demonstrating excellent communication skills, both oral and written. Should have the ability and experience to draft clear and professional correspondence, policies and procedures and other documents of both legal and business nature.
• Staying abreast of relevant changes to rules/regulations and other industry news.

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
• For a full overview, visit https://hrportal.ehr.com/statestreet/Home

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees