Privacy and Data Governance Lead
Job Title: Privacy and Data Governance Lead
Corporate Title: Director
Location: London/ New York
Cowen Inc. is a diversified financial services firm that operates through two business segments: a broker dealer and an investment management division. The Company’s broker dealer division offers investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing and commission management services. Cowen’s investment management segment offers actively managed alternative investment products. Cowen Inc. focuses on delivering value-added capabilities to our clients in order to help them outperform. Founded in 1918, the firm is headquartered in New York and has offices worldwide. Learn more at Cowen.com
We have a proud tradition of attracting and retaining individuals who are smart, hardworking, ambitious and team players. Cowen is large enough to provide substantial resources to each employee, yet small enough so that each member’s contribution is recognised.
- Vision: We consistently deliver differentiated and disruptive insights that help our clients outperform
- Empathy: We proactively consider and account for the priorities and concerns of our colleagues and clients
- Sustainability: We endeavor to produce ideas and solutions that are ethically grounded and aim to pass the test of time
- Tenacious Teamwork: We elevate collaboration to new levels, empowering our ability to provide the best solutions for our clients
Main Purpose of Role
You will implement and lead Cowen’s enterprise-wide global privacy and data governance program to ensure compliance with privacy regulations globally and manage the data governance program.
- Define the strategic approach for the privacy program, which establishes policies, procedures, assessments, and remedial actions necessary for Cowen operations globally to comply with domestic and International privacy regulations. Monitor changes in applicable laws globally to tailor Cowen’s program appropriately.
- Collaborate with colleagues across the organization’s business divisions to design, plan and implement operational components of the privacy program.
- Develop and implement the supporting strategic communications plan for the privacy program to engage, educate, and influence internal leaders about privacy issues, policies, and controls. This includes the development, implementation, and delivery of senior staff communications concerning the effectiveness of the privacy program.
- Design, develop and maintain enterprise-wide privacy metrics to measure the effectiveness of the program, including appropriate benchmarks to legal, regulatory, and industry standards. Independently set strategy to prioritize and remediate privacy risks by designing and influencing the adoption of appropriate controls across the enterprise.
- Develop and maintain effective relationships with other business leaders globally to influence the adoption and on-going engagement with the privacy program.
- Provide privacy-related advice to senior executives.
- Lead privacy breach response operations, including coordinating responses to major breaches and making decisions on appropriate responses and remedial measures.
- Interact with global privacy regulators as needed to respond to inquiries and demonstrate compliance.
- Design and implement an enterprise-wide data governance program for Cowen, including a data governance operating model defining roles and responsibilities and governance processes.
- Collaborate with colleagues across the organization to develop and implement policies and processes to ensure effective management and use of data, including compliance with both domestic and international laws.
- Support business leaders in maintaining compliance with data requirements, developing policies and procedures to ensure high quality data is sourced and maintained, and sourcing industry best data and privacy practices across all divisions and entities
Skills / Experience Required
- Undergraduate degree or equivalent combination of training and experience (JD, Master's or professional degree preferred).
- Minimum 8 years' relevant work experience in privacy, regulatory compliance, information systems, information technology, internal audit, risk & control, fraud, information security, business contingency, or process improvement disciplines, ideally in the financial services industry. IAPP certifications or the ability to obtain certifications within 6 months of accepting the position.
- GDPR and European privacy law expertise, including experience with application of GDPR principles.
- Experience with Data Management Body of Knowledge (DMA-DMBOK).
- Experience with data modeling, architecting, data analysis, data migration tools, data integration, data warehousing and database design
- Experience with developing, documenting, and maintaining privacy and data governance polices, processes and standards and implementing associated business processes.
- Demonstrated ability to: quickly develop a command of new concepts, including domestic and international privacy laws and data security best practices; and complete multiple and diverse assignments with the highest level of accuracy and quality.
- Excellent project management and prioritization skills.
- Demonstrated ability to translate technical, regulatory, and legal requirements into a clear, understandable framework that is actionable by the business.
- Strong experience working with a data governance framework aligned to global privacy laws and regulations.
- Proficient with data subject rights (especially Right to Erasure, Right to Restrict Processing, Data Subject Access Requests) and how to address and comply with requests
- Demonstrated understanding of how to balance practical business realities with risk mitigation needs.
- Demonstrated ability to manage a diverse group of professionals and skilled at working with others along with experience in building and leading teams.
- Superior organizational and interpersonal skills with demonstrated ability to collaborate successfully up, down, and sideways in the organization.
- Excellent written and verbal communication skills, including strong presentation skills to senior management. The ability to work in an ad-hoc/dynamic and fast-paced environment with frequent time-sensitive deadlines.
- Excellent influencing, facilitation, and partnering skills.
- Experience and ease in interfacing with Senior Staff and other officers across the organization.
Cowen is an equal opportunity employer; we do not discriminate on the basis of any protected attribute. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
Protect Yourself from Recruitment Fraud. Recruitment fraud can be attempted through fake job postings, fake websites (posing as a Company) or unauthorized individuals impersonating recruiters (even using employee names). Depending on the role, Cowen will ask candidates to complete 2-4 interviews with Cowen employees before receiving an offer for employment. All communication regarding the interview process will come from an @cowen.com or @greenhouse.io email address. At no time throughout the hiring process will a Cowen recruiter or Human Resource Professional request any type of payment in order to be considered for the role. In addition, candidates will not be asked to submit personal information as a pre-requisite for the interview process.