Privacy Officer, APAC Privacy Officer, APAC …

Enterprise Privacy is part of Enterprise Functions Compliance and reports up through the Chief Compliance Officer&Global Privacy Officer for the company.The Global Privacy Office is a part of Enterprise Privacy and provides compliance consulting support and oversight for all Wells Fargo businesses and enterprise functions with activities inside and outside of the United States. The team assists with the interpretation and application of the Global Data Protection and Privacy Policy, subordinate regional and/or country-level privacy and data protection policies and non-U.S. privacy-related regulatory requirements. This role will be responsible for providing oversight and support for the Asia Pacific (APAC) region.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

 

Market Job Description

Overview

Enterprise Privacy is part of Enterprise Functions Compliance and reports up through the Chief Compliance Officer and Global Privacy Officer for the company. The Global Privacy Office is a part of Enterprise Privacy and provides compliance consulting support and oversight for all Wells Fargo businesses and enterprise functions with activities inside and outside of the United States. The team assists with the interpretation and application of the Global Data Protection and Privacy Policy, subordinate regional and/or country-level privacy and data protection policies and non-U.S. privacy-related regulatory requirements. This role will be responsible for providing oversight and support for the Asia Pacific (APAC) region, which may include the Enterprise Global Services activities in India and the Philippines.

 

Responsibilities

• Develop and administer any regional or country-level privacy policies and standards, in coordination with the Global Privacy Program manager and front line privacy leaders where appropriate; provide advice and guidance on the interpretation of privacy requirements and such policies
• Understand the personal data processing activities conducted by the businesses and staff functions operating in the region or country and provide independent oversight to new product, initiative or function due diligence risk management processes to ensure front line adherence to privacy-related laws, regulations and policies, including consultation on cross-border transfers of personal data
• Monitor and communicate about any data protection and privacy developments within the region, in coordination with the Global Privacy Office to privacy leaders, regional management, Compliance, Corporate Risk and other appropriate groups and manage the regional privacy community of practice
• Independently review controls and procedures to implement applicable data protection and privacy policies and applicable privacy-related laws, regulations and any country or region-specific procedures developed by the front line functions and design and/or coordinate independent testing as appropriate
• Provide reports about the status of adherence to the Global Data Protection and Privacy Policy and regional policies and escalate privacy-related issues and incidents to the Global Privacy Officer and appropriate business and function management; consult with the business, privacy leaders and the Global Privacy Officer regarding policy escalations and exceptions
• Coordinate with regional management to (a) make and maintain any regulatory filings related to data protection required by local law for all legal entities operating in the region or country and (b) be the primary point of contact for data protection regulatory authorities

 

Market Skills and Certifications

Requirements:

7+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 7+ years of financial services industry experience, of which 5+ years must include direct experience in risk management; 2+ years of leadership experience.

Desired Qualifications:

• BS/BA degree or higher, law degree a plus
• Creative, collaborative, and able to identify roadblocks, envision solutions and work towards resolution
• Ability to influence others into mutually desired outcomes
• Individual must be a self-starter, able to work independently and drive for results
• Ability to interact with senior management
• Excellent verbal, written, and interpersonal communication skills
• CIPP or equivalent certification or qualification

We Value Diversity

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.

Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.