Data Protection & IT Oversight Manager
- Role Type
- Competitive + Bonus + Benefits
- Closing Date
- Company Info
LGIM is the investment management arm of Legal & General Group, a FTSE 100 company. We are one of Europe’s largest asset managers and a major global investor, with assets under management of £983.3bn* (as at 31 December 2017). Our success has been built by focusing on clients and providing them with services and solutions that meet their needs. We offer strategies across the full spectrum of asset classes, including equities, bonds, property, alternatives and cash, as well as multi-asset strategies tailored to the needs of institutional and retail investors.
LGIM is one of the world’s leading providers of index fund management. We are at the forefront of developments in liability-driven risk management solutions for defined benefit pension schemes, a leading provider of defined contribution solutions and also offer wide range of strategies to help our clients manage their investment objectives. LGIM continues to innovate as markets evolve, building strong relationships with clients including pension scheme, sovereign wealth funds, wealth managers and other professional investors.
We understand that our scale brings responsibilities. We play an active role in the companies we invest in, from exercising shareholder voting rights to directly engaging with companies at a board level. By engaging with businesses, we aim to unlock value for investors and shape the future and sustainability of financial markets.
In addition to having a leading position in the UK, we have selectively expanded into new markets across Europe, the Middle East, Asia and the US. We believe that translating our capabilities to reflect the needs of our international clients will mean we are well placed to help them achieve their objectives.
*LGIM internal data as at 31 December 2017, including derivative positions and advisory assets. These figures include assets managed by LGIMA, an SEC Registered Investment Advisor.
- Department Info
LGIM manages fixed income, equity, multi-asset, liability-driven investment, property and alternative solutions on behalf of its clients. Located across the globe, our clients include institutional pension funds, financial institutions, local authorities and sovereign wealth funds. In order to meet the complex and evolving investment needs of our clients, we focus on remaining at the forefront of investment product innovation and maintaining our reputation as experts across all asset classes.
We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, gender identity or age.
- Job Duties
To act as the LGIM Retail IT Risk Manager with a particular Data Protection focus, situated within the LGIM IT Risk team and alongside the Retail Risk team. The role provides oversight and challenge on all Retail IT Risk matters, whilst also providing oversight of the management of data privacy across LGIM, being the key point of contact between the Group DPO and the 1st line on data privacy and protection matters.
From a second line perspective, provide expert guidance and objective challenge on data privacy and protection matters within LGIM based on an expert knowledge of the GDPR, associated legislation and current best practices, combined with an up to date understanding of emerging issues and regulatory changes.
Support the IT Risk function with risk assessments, reporting, and with framework development as required, with a focus on the LGIM Retail business. Work alongside the Retail Risk team to understand business impacts and connectivity between technology and business risks.
Carry out relevant spotlight and other deep dive reviews. Provide oversight of investigations into Retail IT Risk topics and data breaches, ensuring appropriate internal escalation within LGIM and/or L&G Group, including the production of any required reports and provision of data for regulatory investigation.
Support the Head of IT Risk with the framework for data classification and the treatment of confidential and highly confidential data across LGIM and assist the Group DPO in reviewing and challenging the implementation of Group Data Protection policies and standards within 1st line teams.
Specifically review core data privacy and protection controls / framework effectiveness in the 1st line.
Maintain a deep understanding of the business areas with which partnered, be curious, thereby ensuring awareness of upcoming business change and product developments and supporting 1st line business areas with the implementation of required change.
Working closely with 2nd line stakeholders, produce insightful risk reporting for management, regulator, auditor and client audiences as required.
Through strong engagement, relationship building, education and training with key stakeholders across the business drive an improved understanding of the roles and responsibilities applying to a ‘three lines of defence’ model. Maintain an open and effective dialogue with all stakeholders, proactively suggesting ways in which the business can further understand, take responsibility for and mitigate its risk profile.
- Skills Required
- A good standard of education is required.
- Relevant professional qualification is desirable eg Practitioner Certificate in Data Protection, Practitioner Certificate in Information Risk Management.
- IT fundamentals and 2nd line non-financial risk frameworks
- Knowledge of UK, EU & Global data privacy and information security.
- Basic project management knowledge.
- Proven experience in an IT Risk and/or information security and data protection role.
- Experience in a relevant part of the financial services preferably within Asset Management or Retail Product Provider
- DPA/GDPR application within the financial services sector and for a large/complex organisation.
Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 27 days' holiday,private medical insurance, performance related bonuses, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.