Global Head of Data Security Strategist

3 days ago

Chicago, Illinois, United States Northern Trust Full time
About Northern Trust
Northern Trust, a Fortune 500 company, is a globally recognized and award-winning financial institution with a rich history dating back to 1889. The company has been committed to providing innovative financial services and guidance to the world's most successful individuals, families, and institutions by adhering to its core principles of service, expertise, and integrity.

The Global Head of Data Security Strategist role is a senior leadership position responsible for overseeing the development and implementation of comprehensive data protection strategies across Northern Trust. This includes ensuring compliance with relevant regulations, such as GDPR and CCPA, while leading a team of data security engineers to identify and mitigate potential data risks. A deep understanding of financial services approaches to data privacy laws, security architectures, data control automation, structured and unstructured data discovery, and data protection best practices is essential for this role.

Key Responsibilities:
  • Strategy Development:
  • Develop and execute a holistic data protection strategy aligned with business objectives, technology, and regulatory requirements.
  • Conduct risk assessments to identify potential data vulnerabilities and prioritize mitigation efforts.
  • Collaborate with the data governance, insider risk, fraud, and global privacy teams on data classification standards to implement data access controls protecting sensitive information.
  • Proactively manage key stakeholder expectations at the manager level and above, advising on optimal approaches and resolving conflicts between internal controls, information security requirements.

  • Technical Implementation:
  • Design and deploy data security solutions including encryption, data masking, data loss prevention (DLP), sensitive data discovery, cloud access security broker, proxy data controls, and certificate and key management.
  • Oversee the implementation of security controls across cloud environments, on-premise systems, and third-party applications.
  • Monitor and analyze data security posture, identifying trends and potential threats.

  • Team Leadership:
  • Lead and mentor a team of data security engineers, providing technical guidance and career development opportunities.
  • Recruit and retain top talent with relevant data protection and security expertise.
  • Foster a culture of data security awareness within the engineering teams.

  • Compliance and Governance:
  • Enable compliance with data privacy regulations such as GDPR, CCPA, and local laws.
  • Collaborate with legal and compliance teams to address data protection inquiries and incident response.
  • Maintain the Data Protection Standard, procedures, and associated guidelines.
  • Develop comprehensive and effective technology/administrative controls for each standard requirement.
  • Maintain and establish as necessary, data protection control objectives and relevant mappings.
  • Drive the development, implementation, of control metrics (KPIs, KRIs).

  • Incident Response:
  • Participate in the response to data breaches and security incidents, including investigation, containment, and remediation.
  • Conduct post-incident root cause analysis to identify improvement areas and prevent future occurrences.

Estimated Salary: $150,000 - $200,000 per year.

Required Skills and Experience:
  • Understanding of data privacy regulations (GDPR, CCPA, etc.).
  • Extensive understanding of cybersecurity and financial industry frameworks, as well as standards such as CRI, NIST, ISO 27001, etc.
  • Expertise in data security technologies like encryption, data masking, DLP, data scanning, and access controls.
  • Proven experience in designing and implementing data security architectures across cloud and on-premise environments.
  • Extensive knowledge for collaborating with lines of defense, risk, and audit specifically, in large financial services organizations.
  • Strong leadership and team management skills.
  • Excellent communication and stakeholder management abilities.
  • Experience in managing large complex projects and associated budgets.
  • Expertise in managing team member capacity to address workload demand.
  • Strong ability to analyze data to identify thematic issues/areas requiring improvement.
  • Experience with security incident response and threat analysis a plus.
  • Programming skills and knowledge of data analytics tools.

Certifications:
  • Bachelor's degree in computer science, information security, or a related field.
  • Relevant cybersecurity certifications such as CISSP, CISM, CIPP/E, or similar are a plus.

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