Data Governance Practice Lead

Level/Function:  Senior Manager, Data Management 

Title: Data Governance Practice Lead

About BetaNXT

BetaNXT is a leading provider of frictionless wealth management infrastructure, real-time data solutions, and an enhanced advisor experience. We invest in platforms, products, and partnerships to accelerate growth for the ecosystem we serve. Our connective approach empowers our clients to deliver a comprehensive, end-to-end advisor and investor experience.

BetaNXT is a premier provider of technology, data, and operations as services to a rich client base of wealth managers, institutional wealth firms, and digital brokers. It is comprised of three industry-leading businesses which, combined, provide end-to-end solutions across the investment lifecycle.

Position Overview of the Data Governance Practice Lead:

We seek an experienced Data Governance Practice Lead to spearhead our data governance initiatives, ensuring our data assets' integrity, quality, and security. The ideal candidate will have a strong background in data governance within enterprise data teams, particularly in the financial services sector, with a preference for wealth management experience. 

The Data Governance Practice Lead will be key in establishing, implementing, and maturing a robust data governance framework across BetaNXT. The Data Governance Practice Lead will champion a culture of data stewardship throughout the organization to bridge the gap between technical requirements and business needs.

Duties and Responsibilities of the Data Governance Practice Lead:

• Strategic Data Governance: Develop and execute a comprehensive data governance strategy aligned with organizational objectives, fostering a data-centric culture.
• Stakeholder Engagement: Collaborate with business units to understand their data needs, ensuring that data governance initiatives are tailored to support diverse functional requirements.
• Data Stewardship Program: Establish and lead a robust data stewardship program, defining clear roles, responsibilities, and processes for data owners and stewards across the organization.
• Data Privacy and Compliance: Lead efforts to ensure compliance with data protection regulations, including GDPR, HIPAA, or industry-specific standards relevant to our operations.
• Training and Awareness: Develop and deliver comprehensive training programs to enhance data literacy and awareness across all levels of the organization.
• Data Governance Metrics: Establish key performance indicators (KPIs) to measure the success and impact of data governance initiatives, providing regular reports to leadership.
• Continuous Improvement: Drive a culture of continuous improvement, regularly evaluating and refining data governance processes to adapt to evolving business needs and technological advancements.
• Data Quality Management: Define and oversee data quality standards, processes, and metrics to ensure the accuracy, completeness, and consistency of organizational data.
• Collaboration with IT: Work closely with IT teams to ensure data governance initiatives align with the organization's technical architecture and systems integration.
• Data Cataloging and Classification: Implement and maintain a data catalog to document and classify enterprise data assets, ensuring their accessibility and proper use.
• Change Management: Lead change management efforts to integrate data governance practices into existing workflows and encourage adoption across the organization.

Skills and Experience of the Data Governance Practice Lead:

• 3+ years of experience in a leadership role within data governance, with a track record of successfully implementing and managing data governance programs.
• 10+ years working in enterprise data teams, with substantial experience in financial services, banking, or wealth management sectors.
• In-depth understanding of data governance principles, practices, and frameworks.
• Familiarity with data governance tools and technologies. (e.g., Data.World, Informatica, Collibra, Alation)
• Strong knowledge of data management principles, including data quality, metadata management, data classification, and data stewardship.
• Excellent understanding of industry-standard regulatory requirements related to data privacy and security.
• Exceptional leadership and communication skills, with the ability to influence at all organizational levels.
• Proven ability to lead and execute data governance projects from conception to completion.
• Ability to develop and implement data governance policies, procedures, and standards.
• Strong documentation skills to maintain clear and comprehensive records of data governance processes, policies, and issues.

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