Manager, Privacy Risk - Wealth Management Europe
Manager, Privacy Risk - Wealth Management Europe

Manager, Privacy Risk - Wealth Management Europe

London Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead the Privacy Risk team, ensuring compliance with GDPR and managing privacy assessments.
  • Company: Join RBC, a leading global bank committed to diversity and community impact.
  • Benefits: Enjoy flexible working options, coaching support, and opportunities to make a real difference.
  • Why this job: Be part of a dynamic team that values innovation and personal growth in a collaborative environment.
  • Qualifications: Strong understanding of GDPR and experience in financial services are essential.
  • Other info: This role is based in London and requires a valid EU work permit.

The predicted salary is between 43200 - 72000 £ per year.

What is the opportunity?

We have an exciting opportunity to join our newly formed Privacy Risk team in Wealth Management – Europe (WME), within Data Governance and support the successful delivery of WME Privacy Risk’s programme of work. You will be responsible for managing team members within Privacy Risk. You will provide guidance, development, coaching, driving performance management, and supporting career development. The programme of work is designed to promote, enhance, and maintain good first line of defence (1LOD) responsibility for Privacy risk as defined in the RBC Risk taxonomy.

You will be responsible for supporting and advising the 1L including but not limited to embedding ‘Privacy by Design’ into key change initiatives and ensuring that WME is adhering to the global privacy framework and control standards within RBC. You will manage the maintenance of the WME Record of Processing, supporting the business to complete Privacy Risk Assessments and supporting initiatives that enhance privacy risk management across the business.

What will you do?

  • Work with key business stakeholders and change teams across the WME business to embed ‘Privacy by Design’.
  • Provide guidance and support across the WME business to support key initiatives to ensure Personal Data is managed in accordance with the GDPR and aligned to the global privacy framework.
  • Provide key stakeholders within sales and marketing functions with guidance and support around consent management as the business matures.
  • Work with WME business to complete Privacy Risk Assessments.
  • Support the launch, roll out and education of Privacy Champions across WME.
  • Work with WME business to complete Legitimate Interests Assessments (LIA) and create and maintain a library of LIAs.
  • Assist with logging and the assessment of breaches and incidents within WME.
  • Work with WME business to help them understand the privacy implications of their processes, embedding Privacy by Design.

What do you need to succeed?

Must-have

  • A good understanding of GDPR
  • Awareness / understanding of the Privacy Program framework
  • Strong experience within the financial services industry and good business acumen
  • Proficiency in participating in projects with multiple stakeholders
  • An adept understanding of stakeholder management / facilitation of meetings
  • Excellent written/verbal communication skills and the ability to present or communicate complex concepts in a concise and understandable way to various stakeholders

Nice-to-have

  • Demonstrates the RBCBD values
  • Ability to work on own initiative to achieve required results

What is in it for you?

We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. Leaders who support your development through coaching and managing opportunities. Opportunities to work with the best in the field. Ability to make a difference and lasting impact. Work in a dynamic, collaborative, progressive, and high-performing team. Flexible and Hybrid working options fully supported.

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

Manager, Privacy Risk - Wealth Management Europe employer: Royal Bank of Canada>

At RBC, we pride ourselves on being an exceptional employer, offering a dynamic and collaborative work environment in the heart of London. Our commitment to employee development is evident through our coaching programmes and opportunities to work alongside industry leaders, ensuring that you can make a meaningful impact while thriving in your career. With flexible and hybrid working options, we foster a culture that values diversity, inclusion, and mutual success, making RBC a truly rewarding place to work.
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Contact Detail:

Royal Bank of Canada> Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Manager, Privacy Risk - Wealth Management Europe

✨Tip Number 1

Familiarise yourself with the GDPR and the Privacy Program framework. Understanding these regulations will not only help you in interviews but also demonstrate your commitment to privacy risk management.

✨Tip Number 2

Network with professionals in the financial services industry, especially those involved in privacy risk. Attend relevant webinars or virtual job fairs to connect with potential colleagues and learn more about the role.

✨Tip Number 3

Prepare to discuss your experience with stakeholder management and project participation. Be ready to share specific examples of how you've successfully facilitated meetings or managed multiple stakeholders in previous roles.

✨Tip Number 4

Showcase your communication skills by practising how to explain complex privacy concepts in simple terms. This will be crucial when discussing privacy implications with various stakeholders in the role.

We think you need these skills to ace Manager, Privacy Risk - Wealth Management Europe

Understanding of GDPR
Knowledge of Privacy Program frameworks
Experience in financial services industry
Strong business acumen
Stakeholder management skills
Facilitation of meetings
Excellent written communication skills
Strong verbal communication skills
Ability to present complex concepts clearly
Project management skills
Risk assessment and management
Privacy risk assessment experience
Ability to work independently
Coaching and mentoring skills

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Manager, Privacy Risk position. Tailor your application to highlight your relevant experience in GDPR and privacy risk management.

Highlight Relevant Experience: In your CV and cover letter, emphasise your experience within the financial services industry and any specific projects where you've successfully managed privacy risks or implemented 'Privacy by Design' principles.

Showcase Communication Skills: Given the importance of communication in this role, provide examples in your application that demonstrate your ability to convey complex concepts clearly to various stakeholders. This could be through previous roles or specific projects.

Tailor Your Cover Letter: Craft a compelling cover letter that not only outlines your qualifications but also reflects your understanding of RBC's values and how you can contribute to their Privacy Risk team. Make it personal and engaging.

How to prepare for a job interview at Royal Bank of Canada>

✨Understand GDPR Inside Out

Since the role heavily involves GDPR compliance, make sure you have a solid grasp of its principles and implications. Be prepared to discuss how you've applied GDPR in previous roles or projects.

✨Showcase Stakeholder Management Skills

This position requires excellent stakeholder management. Prepare examples of how you've successfully facilitated meetings or managed multiple stakeholders in past projects, highlighting your communication skills.

✨Demonstrate Business Acumen

Given the financial services context, be ready to discuss your understanding of the industry. Share insights on how privacy risks can impact business operations and decision-making.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving abilities in privacy risk situations. Think through potential challenges you might face in this role and how you would address them.

Manager, Privacy Risk - Wealth Management Europe
Royal Bank of Canada>
R
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