Data Protection Officer

Role Overview: As the Data Protection Officer (DPO) at Muthoot Fincorp Limited (MFL), your primary responsibility will be to oversee the company's data protection strategy and ensure compliance with relevant laws and regulations. You will play a crucial role in developing and maintaining data privacy policies, conducting risk assessments, and promoting a culture of data privacy awareness within the organization. Key Responsibilities: - Develop and implement a comprehensive data protection strategy aligned with MFL's strategic objectives and regulatory requirements. - Ensure compliance with all relevant data protection laws, including the Information Technology Act, 2000, and RBI guidelines for NBFCs. - Monitor and evaluate the effectiveness of data protection policies, procedures, and controls. - Conduct regular risk assessments and data protection impact assessments to identify potential risks and vulnerabilities. - Develop mitigation strategies to address identified risks with minimal impact on business operations. - Report data protection risks and incidents to the Chief Risk Officer and senior management. - Lead the investigation and management of data breaches or incidents, ensuring timely reporting to relevant authorities and stakeholders. - Design and deliver data protection training programs for employees and promote a culture of data privacy awareness. - Act as the primary point of contact for regulatory authorities, customers, and internal stakeholders on data protection matters. - Develop and monitor key data protection performance indicators (KPIs) to measure program effectiveness. - Oversee data governance practices to ensure data accuracy, integrity, and security. - Prepare and present regular reports to the Chief Risk Officer and the Board on data protection compliance, risks, and incidents. - Maintain records of processing activities (ROPA) and ensure transparency in data handling practices. Qualification Required: - Basic understanding of NBFC or financial services domain and data protection laws in India. - Ability to manage complex data protection projects and initiatives. - Proficiency in incident management and risk assessment techniques. - Experience in developing and delivering training programs. - Behavioral Attributes: Driven and in alignment with the company's core values of integrity, collaboration, and excellence. Education/Experience: - Bachelor's degree in law, information security, risk management, or related field. - Professional certification in data protection (e.g., CIPP, CIPM, CIPT, CCDPO) is preferred. - Minimum 5-7 years of experience in data protection, privacy, information security, or risk management, preferably in the financial services sector.,