Privacy Compliance Vice President
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Job Description
Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people's success - today and tomorrow.
While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment - investing the time and resources to understand our clients' immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.
Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).
Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News' Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate's 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.
Brief Overview of Position
The Privacy Compliance Vice President leads the day to day operational functions of the Privacy Program within the Bank's 2LOD (second line of defense). The Risk Management function is the Bank's 2LOD is responsible for identifying, assessing, and mitigating risk for the entirety of the firm through the evaluation and establishment of risk management procedures and policies. This department works directly with
all business units to develop a strong and robust risk mitigation environment to aid in the growth processes to ensure adherence to policies. The Risk and Compliance Officer evaluates and ensures that an organization's operations and procedures meet compliance standards.
Responsibilities:
- Partner with line of business managers and maintain organization relationships to ensure privacy practices are documented, distributed, and aligned with internal standards, regulatory requirements, and contractual requirements.
- Enhance and maintain operational process to support the Privacy Incident Response program and analyze root causes of incidents to prevent future incidents.
- Receive, analyze, process, and respond to data subject requests, complaints, and opt-outs.
- Conduct privacy risk assessments and reassessments of vendors.
- Partner with data owners to conduct privacy impact assessments for new products and services.
- Advise business lines on application of privacy requirements, development of controls, and monitoring of remediation and corrective actions.
- Develop performance metrics and reporting.
- Assess, develop, issue, and maintain both annual and reeducation privacy training materials, informative privacy articles, and other communications to increase employee understanding and awareness of privacy policies, practices, procedures, and regulatory requirements.
- Monitor regulatory changes within the privacy landscape at a federal and state level and provide insight into maintaining organizational compliance.
- Develop, revise, and maintain privacy policies, standards, programs, and procedures.
- Maintain privacy notices and oversee the annual distribution to customers and posting to web sites.
- Provide appropriate role and responsibility guidance to clarify roles between Compliance, Legal, Information Risk, Technology, and Businesses - and to verify that each function performs their privacy-related responsibilities as expected.
Qualifications:
- Bachelor's degree and 7+ years of privacy related experience required.
- Minimum of 4 years of experience in Banking/Financial Services.
- Solid understanding of fundamental US data privacy laws required.
- Excellent written and verbal communication skills required.
- Experience with privacy assessments (including vendor assessments) preferred.
- Outstanding analytical and project management skills.
- Proven ability to establish and articulate a vision, set goals, develop, and execute strategies, and track and measure results.
- Ability to work collaboratively and cooperatively across business functional areas.
- Demonstrated experience working in a flexible, dynamic, professional environment.
- IAPP certifications or other Privacy-focused certifications is a plus.
- Demonstrated knowledge of GLBA, CCPA, CPRA, COPPA, CalFIPA, CalOPPA, HIPAA, HITECH, Reg P, Reg S-P, TCPA, PFDR (§1033). and state privacy laws (with awareness of employee monitoring, health, anti-wiretapping).
The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.
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