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Job Analysis:
The Vice President of Data Governance at BNY is fundamentally responsible for enhancing and leading the data management efforts within the organization, especially concerning the Trust Solutions (TS) segment. This involves fostering collaboration with product, operations, and enterprise data management teams to elevate the maturity and effectiveness of the data management framework. The role’s primary responsibilities include developing data principles and guidelines, ensuring compliance with best practices, and enhancing data quality through established processes and controls. Candidates will face challenges not just in navigating complex data environments but also in managing diverse stakeholder expectations, which necessitates strong interpersonal and project management skills. Success in this role will hinge on the ability to influence and facilitate change, measure improvements, and align data management strategies with evolving business objectives within a rapidly changing financial services landscape.
Company Analysis:
BNY occupies a significant role in the global financial services sector, marking itself as a leader by managing roughly 20% of the world’s investable assets and serving a vast clientele that includes top Fortune 100 companies and major banks. This establishes a backdrop of stability and influence, but also expectation; the role of the Vice President of Data Governance will be vital in maintaining the high standards this status demands. The company's culture, characterized by innovation and inclusivity, suggests an environment where forward-thinking strategies are valued and employees are empowered to contribute ideas. Given that collaboration is highlighted, this indicates a team-oriented atmosphere where the individual in this role will need to thrive by building relationships across various functions. Moreover, the emphasis on evolving the data governance framework indicates that this is not merely a compliance role but one that is integral to shaping data strategy and driving the organization’s broader goals of leveraging data as a strategic asset.