Senior Executive - Compliance

Job Description

A Senior Compliance Executive in a technology department plays a crucial role in ensuring that the organization adheres to various legal, regulatory, and industry-specific standards related to Information Technology and data management such as GDPR, ISO 27001, ISO 27701, SoC2 Type 2, ISO 9001. 1. Regulatory Compliance Monitoring: o Ensure the technology department complies with relevant laws and regulations, such as GDPR, ISO 27001, ISO 27701, SoC2 Type 2, ISO 9001 and other data protection or cybersecurity laws. o Stay updated on new or changing regulations that impact the tech landscape. 2. Policy Development & Enforcement: o Develop and implement internal policies and procedures to ensure compliance with external regulations and internal standards. o Regularly review and update policies to ensure they remain aligned with changing regulations and industry best practices. 3. Risk Management: o Assess risks related to technology operations, particularly data privacy and cybersecurity risks. o Ensure that the tech department implements appropriate security measures to mitigate potential threats and risks. o Conduct regular audits and reviews of IT systems to ensure they meet compliance standards. 4. Training & Awareness: o Educate and train technology teams and other employees on compliance-related matters, such as data security, privacy policies, and risk mitigation strategies. o Promote awareness of compliance issues, helping staff understand their responsibilities in maintaining compliance. 5. Audit & Reporting: o Prepare reports for management, regulators, or auditors, demonstrating compliance with relevant regulations and policies. o Coordinate internal and external audits related to technology compliance. o Implement corrective actions where necessary to address non-compliance findings. 6. Data Privacy Management: o Oversee data protection strategies and ensure proper handling of sensitive information, including encryption, access control, and data retention policies. o Manage consent collection and user privacy preferences in accordance with privacy regulations. 7. Incident Management: o Oversee the handling of data breaches or other incidents that might affect compliance, ensuring timely reporting and response in accordance with regulatory requirements. o Coordinate with relevant authorities if there is a need to disclose any breaches or security incidents.