Director, Data Governance Enablement
Location: Chicago, IL, USA
Time Type: Full time
Posted on: Posted 30 Days Ago
Job Requisition ID: R240017514
Application Deadline: 10/30/2024
Address: 320 S Canal Street
Job Family Group: Data Analytics & Reporting
Reporting to the US Chief Data & Analytics Officer, this role helps enable superior data governance and management practices across the Bank. The Director works within enterprise frameworks, processes, practices, tools, and provides execution assistance for all CDAOs and Operating Groups (OG) or Corporate Areas (CA). The role drives maturity of data governance and data management based on industry best practices, emerging trends and regulatory expectations.
This role promotes the use of information or data as a value-adding asset to make better, timelier decisions, improve efficiency and drive revenue generation. It works with and coordinates across senior leaders within the corporate services and operating groups (CDAOs/COOs) to support data management and governance initiatives, assist with resolving enterprise-level challenges and promote data and analytics best practices.
Data Governance
- Proactively monitors industry best practices, emerging trends and industry thought leadership to ensure the Bank’s data governance program remains compliant, current, relevant and practical.
- Provides thought leadership and subject matter expertise on data governance principles, concepts, practices and requirements.
- Acts as the “voice of the practitioner” in the development of governance program direction with partners across the Bank.
- Drives enterprise-wide adoption and adherence to data & analytics governance policy and process.
- Identifies areas of opportunity to improve governance program and standardization of processes.
- Provides guidance to Data Governance Lead(s) and stakeholders on the interpretation of data strategies and governance operating model.
- Builds and nurtures strong relationships across the data management offices and with senior leaders.
- Co-leads 1st line Enterprise Data Governance forums and committees.
- Contributes to the sustainment of the U.S. Governance Model within Data & Analytics.
- Supports regulatory interactions and coordination across the Bank.
Change Management & Implementation
- Drives establishment of education on guidance and support for data ownership and stewardship.
- Investigates, recommends and implements changes for continuous improvement of processes.
- Fosters an environment of continuous improvement.
Data Strategy and Culture
- Contributes to US/Enterprise Data Strategy to maximize the value of data assets.
- Drives stewardship for data as a strategic business asset.
- Role models BMO’s Winning Culture and strong risk management culture.
Qualifications, Experience & Skills:
- Possesses a university degree in Computer Science, Mathematics, Statistics, Business Management or related field or equivalent work experience.
- 10+ years of experience in a data governance function.
- Prior experience in a data practitioner, data operations or business management role preferred.
- Proficiency in technical skills related to data management and governance.
- Superior communicator with the ability to communicate complex data issues effectively.
- Solid knowledge of regulatory standards and industry best practices related to data governance.
- Regulatory experience with OCC, FDIC, SEC, Federal Reserve.
- Experience in regulatory interactions with Bank regulators.
- Knowledge of the Financial Services ecosystem.
- Understands internal and external drivers for changes to Data Governance Policies.
- Strong business strategy and execution experience.
- Ability to influence the enterprise to adopt data-driven behaviors.
Salary: $140,800.00 - $261,800.00
Pay Type: Salaried
The above represents BMO Financial Group’s pay range and type.
BMO Financial Group is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives.
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