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Data Protection Officer (London)

Company Overview:

Insight Investment is a leading asset manager focused on designing investment solutions to meet its clients’ needs. The business has a clear mission and purpose to offer investors a different approach to achieving their investment goals; one that prioritizes the certainty of meeting their chosen objectives.

Founded in 2002, Insight’s collaborative approach and partnership with its clients has delivered both investment performance and growth in assets under management making it a leading force in investment management. They focus on what they believe they are best at, offering a full-spectrum fixed income capability, risk management strategies including Liability Driven Investment (LDI), absolute return and multi-asset.

Insight is ranked number one in Edelman’s Asset Management Brand Index 2024 as the manager whose brand is most highly regarded in the institutional marketplace. They are owned by Bank of New York Corporation (BNY), a global leader in investment management and investment services.

With $838 billion under management and sitting within BNY, Insight leverages the unique combination of achieving the high-performing, risk-adjusted returns of a boutique with the financial stability of a large, global financial institution for which asset management is a core strategic priority.

Insight has investment decision-making autonomy, operating with an independent management structure and boards with a global network of operations in the UK, Ireland, Germany, US, Japan, and Australia. The business employs over 1,100 people including 285-plus investment professionals.

More information about Insight Investment can be found at: https://www.insightinvestment.com

Division Description:

This team is responsible for the provision of cyber security functions to protect the business on a day-to-day basis and to ensure that technology growth is in line with cyber policy (which is developed with business strategy and risk appetite in mind). This capability covers security governance, vulnerability management, security monitoring and logging, physical and environmental security, cryptography information protection, identity and access management, cyber incident response, 3rd party security compliance (including cloud), mobile and portable security and insider threat (technology misuse). This also covers the growing digital presence that Insight has, both to its existing institutional client basis but increasingly looking at developing products that serve retail clients through financial advisor channels.

Position Description:

Working within the CISO team as the designated Global Data Protection Officer and acting as the Data Security & Privacy subject matter expert, you will have a broad range of expertise across data privacy and security and be able to support and establish good practice data protection processes across the organisation as well as articulate the current risk and data protection maturity posture to senior leadership.

Role Responsibilities

• Ensure personal information is processed in line with applicable regulatory and legal obligations

• Ensure policies and industry good practice through the implementation of appropriate Data Privacy frameworks

• Oversee data protection impact assessments

• Embed privacy by design across all business change processes

• Act as a data breach incident manager and support the identification and mitigation of data privacy risks to the business

• Provide subject matter expert input on data handling and protection areas including data classification, retention, loss prevention and encryption

Experience Required

• Demonstrable professional experience of managing data privacy obligations for a global business

• Expert knowledge of relevant UK, European, US and broader international data protection laws and regulations (such as GDPR, CCPA and UK DPA), implementing appropriate international safeguards and, ensuring up and coming data protection laws and guidance are accounted for

• Ability to perform the duties of a designated Data Protection Officer in an independent manner, including corresponding with regulators and data subjects, providing advice and guidance to the business, and providing training and awareness to all staff

• Relevant certifications such as CIPP/E, CIPM, CIPT, Practitioner Certificate in Data Protection

• Experience of applying practical expert domain knowledge across a number of delivery scenarios, including but not limited to managing processes pertaining to data mapping and Records of Processing Activities, responding to data subject requests, managing personal data breaches, undertaking Data Protection Impact Assessments, undertaking privacy audits and gap analysis, and conducting contract reviews

• Familiarity with key data security technologies including DLP, Data tagging, CASB

• Ability to work with technical teams to define, manage and deploy data protection policies and rules on data protection technology protection technologies

• Experience in monitoring regulatory and legal compliance through data protection and retention policy and procedure adherence and timely reporting to senior leadership

• Experience in providing independent support and advice on a wide variety of privacy issues in language tailored to fit all relevant stakeholders

• The ability to work effectively within a team environment and across various stakeholders, including senior leadership and clients

• Practical experience of applying a range of risk management approaches, conducting risk assessments and being able to articulate risk effectively

• An accomplished communicator with the ability and confidence to present complex issues and influence decisions at all levels within an organisation with excellent analytical, interpersonal and stakeholder management skills

Nice to have:

• Experience in the financial services sector

• Familiarity of information security standards such as the ISO27000 series and NIST

• Previous work experience with regulators or industry bodies

• Developing solutions to address client data protection requirements

Insight is committed to being an inclusive employer and encourages applications from all suitably qualified applicants irrespective of background, circumstances, age, disability, gender identity, ethnicity, religion or belief, sexual orientation or other factors protected by federal, state and/or local laws. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at TalentAcquisition@InsightInvestment.com

Average salary estimate

$100000 / YEARLY (est.)
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$80000K
$120000K

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What You Should Know About Data Protection Officer (London), Insight Investment

If you're an expert in data protection and passionate about working within a dynamic investment management company, Insight Investment’s Data Protection Officer role is perfect for you! As a key player in the CISO team, you will take charge of implementing best data protection practices while ensuring compliance with regulations like GDPR and CCPA. Your role will be pivotal in shaping the company’s approach to handling personal information, making sure everything runs smoothly and securely on a global scale. With over 1,100 talented professionals contributing to Insight's ongoing success, you'll find yourself in an innovative environment supported by a collaborative spirit. Your responsibilities will include conducting data breach incident management, guiding privacy by design processes, and overseeing essential data protection impact assessments. You will be the go-to person for all things data privacy, advising senior leadership, providing training, and managing compliance across the organization. This is a unique opportunity to influence how Insight Investment safeguards personal information and implements robust data protection frameworks. Your experience in various data privacy laws and direct engagement with regulatory bodies will empower you to advocate for sound practices and policies. If you’re ready to lead the charge in a company that values both expert knowledge and dedicated teamwork, then the Data Protection Officer role at Insight Investment awaits you!

Frequently Asked Questions (FAQs) for Data Protection Officer (London) Role at Insight Investment
What are the main responsibilities of a Data Protection Officer at Insight Investment?

As the Data Protection Officer at Insight Investment, your main responsibilities encompass ensuring compliance with data protection regulations, overseeing data protection impact assessments, and managing data breach incidents. You'll work closely with the leadership team to establish data privacy frameworks and provide guidance on data handling practices.

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What qualifications do I need to apply for the Data Protection Officer position at Insight Investment?

To be considered for the Data Protection Officer role at Insight Investment, candidates should possess relevant certifications such as CIPP/E or CIPM, along with demonstrable experience managing data privacy obligations in a global context. A deep understanding of UK, European, and international data protection laws is essential.

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How does Insight Investment approach data privacy and security?

At Insight Investment, data privacy and security are foundational elements of their operations. The company prioritizes a collaborative approach with a dedicated team focusing on cyber security functions and good practice data protection processes, ensuring compliance with international regulations and safeguarding the interests of all stakeholders.

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What skills are essential for a Data Protection Officer at Insight Investment?

Essential skills for the Data Protection Officer role at Insight Investment include a strong analytical mindset, excellent communication abilities, and the capacity to effectively engage with various stakeholders. A solid understanding of data security technologies and risk management approaches is also highly advantageous.

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Can you describe the team environment for the Data Protection Officer at Insight Investment?

The Data Protection Officer at Insight Investment will be part of a supportive and innovative CISO team. The environment fosters collaboration, allowing professionals to share insights and work together to enhance the company's data protection strategies while adapting to the evolving regulatory landscape.

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Common Interview Questions for Data Protection Officer (London)
Can you describe your experience with GDPR compliance as a Data Protection Officer?

As a Data Protection Officer, you should highlight your specific experiences with GDPR compliance, including how you've managed data subject access requests, handled data breaches, and implemented privacy by design principles. Sharing concrete examples will emphasize your practical expertise.

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How do you approach training staff on data protection policies?

Emphasizing the importance of a culture of data protection, describe your approach in developing user-friendly training programs, conducting regular workshops, and utilizing real-life scenarios to enhance understanding and compliance among all employees.

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What strategies do you use to assess data privacy risks in an organization?

Discuss your methods for conducting comprehensive data protection impact assessments, risk assessments, and vulnerability assessments, along with collaborating with stakeholders to ensure that risks are clearly articulated and mitigated effectively.

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How do you stay updated on changing data protection regulations?

Talk about your commitment to ongoing learning through professional networking, attending relevant webinars and conferences, and subscribing to industry publications. The ability to translate new information into actionable recommendations for the organization is key.

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Can you share an example of a data breach you managed successfully?

Use this opportunity to provide a detailed account of your role in managing a data breach incident, outlining the response steps taken, communication strategies with stakeholders, and lessons learned to improve future data protection practices.

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How would you implement 'privacy by design' in new projects?

Describe your proactive approach to integrating privacy considerations at the outset of projects by collaborating with development teams and ensuring data protection measures are ingrained in design processes and project roadmaps.

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How do you handle conflicts of interest between data protection regulations and business objectives?

Illustrate how you navigate conflicts by maintaining open communication with senior leadership, using risk assessments to highlight potential implications, and working to find solutions that align data protection with business goals.

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What techniques do you use for effective stakeholder communication regarding data protection?

You can share the importance of tailoring messages to different audiences, employing clear language, creating informative reports, and conducting presentations to ensure that all stakeholders understand their roles in upholding data protection.

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What tools and technologies are you familiar with regarding data protection?

Discuss your familiarity with various data protection tools and technologies like DLP solutions, encryption software, and privacy compliance platforms, and how these tools can enhance an organization's data governance framework.

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Why do you believe a Data Protection Officer is essential for companies today?

Convey your understanding of the critical role a Data Protection Officer plays in maintaining an organization's reputation, ensuring regulatory compliance, protecting customer data, and fostering a culture of privacy that ultimately supports business sustainability.

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Founded in 2002, Insight Investment offers a range of investment management services related to such assets as equities, bonds, hedge funds, and private equity. The company is headquartered in New York, New York.

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Full-time, hybrid
DATE POSTED
January 9, 2025

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