Data Governance Contractor

COO | Data Governance | Contractor | NYC

About ING: 

In Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients. 

When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer.

We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

About the position:

Data Management is one of the foundations of ING’s strategy to become a data driven bank. The purpose of the Regional Chief Data office is to keep the organization safe and compliant by bringing data under governance and protect our data. We are seeking a consultant to provide professional services in support of our Chief Regional Data Officer (CDO) on a critical, highly regulated compliance initiative. This resource will help managing data governance frameworks, regulatory compliance alignment, and implementation of key data-related controls, ensuring compliance with Federal Reserve (Fed), New York Department of Financial Services (NYDFS) and other regulations.

The ideal candidate will be responsible for enhancing and implementing ING’s data management practices, ensuring alignment with regulatory requirements and industry best practices.

This role requires a detail-oriented, self-motivated professional who can work independently while fostering strong teamwork and collaboration across departments.

About the department:

As COO Wholesale Banking Americas, we ensure our Wholesale Banking clients a superior customer experience with our scalable operations providing seamless, digital services, while staying safe & secure.

COO department focuses on Client Service Delivery, Financial crime prevention (KYC), Operational Design Control and Resilience (ODCR), and the regional Data Office.

Responsibilities:

• Advise on applicability of regulatory requirements including FRB, NYDFS, GLBA, FFIEC, OCC, and AML/KYC as they relate to Data Management, ensuring comprehensive coverage of all relevant expectations.

• Evaluate the scope, structure and detail of Data Management, Reporting, Data Protection, Retention, and Deletion, End-User Computing policies, control standards, and frameworks to identify any gaps and areas for improvement
• Support the development and implementation of procedures and frameworks to ensure compliance with data management requirements from the Fed, NYDFS, and other regulatory bodies.
• Work cross-functionally with IT, business units on CDE inventory, data requirements, definitions and defined business rules/thresholds to bridge technical requirements with business needs, ensure proper alignment to data quality dimensions for key regulatory reporting processes
• Ensure the correct metadata is available, including the classification, exchange, and definitions inputs
• Enforce data traceability to meet regulatory requirements, based on the criticality of data flows and consumptions paths.
• Identify gaps in data management capabilities and tools.
• Establish a framework for continuous data quality monitoring and regular reporting to key stakeholders (KPIs, metrics), along with corrective action plans
• Identify which ING global and local control standards should be incorporated into the accountability framework and draft accountability framework document
• Evaluate required regulatory reporting processes to ensure accuracy and timeliness in regulatory submissions.
• Support CDO in fostering a collaborative, data-driven culture, balancing risk mitigation with business objectives.

Qualifications and Competencies

• Bachelor’s degree or higher in Computer Science, Business Administration (with a focus on data management or compliance), or a related field.
• Over 7+ years of professional experience managing data within a banking (FBO) or financial institution.
• Strong knowledge of Fed, NYDFS, and other regulations related to Data Management
• Skilled in assessing current data practices to identify gaps and potential vulnerabilities.
• Can analyse current data practices to identify gaps and potential vulnerabilities.
• Proven ability to work independently, prioritize tasks, and drive initiatives.
• Easily adapt to a new environment and take responsibility to get the work done.
• Strong teamwork and collaboration skills with experience working cross-functionally.
• Excellent problem-solving, analytical, and leadership abilities.

It will be an advantage if you have the following experience:

• Proficient understanding and experience in Wholesale banking business and/or operations and IT
• Experience in Risk and/or Internal Control Management
• Experienced with tools such as Collibra, Informatica, or Azure native data governance services.

Hourly Rate: $89-$92/hr  

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.