Ad Astra Consultants Hiring! Full Time Director in - Ricebowl

Function: Risk / Data Governance / Regulatory Compliance

Level: Director

Reports to: Chief Data Officer / Chief Risk Officer / Head of Data Governance & Risk (to be confirmed by hiring team)

Role Summary

We are looking for a Director to own and lead the bank’s BCBS 239 (Principles for Effective Risk Data Aggregation and Risk Reporting) compliance agenda. You will set the strategy and govern the framework for risk data aggregation, data quality, lineage and risk reporting. You will also be the senior point of contact for regulators, Internal Audit and executive stakeholders. The role needs deep hands-on expertise in industry data management frameworks, DCAM (EDM Council) and/or DAMA-DMBOK, applied at enterprise scale in a regulated financial institution.

Key Responsibilities

1. BCBS 239 Strategy, Compliance & Governance

• Own the enterprise BCBS 239 compliance strategy, roadmap and framework across all 14 principles (governance, data architecture, aggregation, reporting practices, supervisory review).
• Act as the senior SME and escalation point on BCBS 239 for the Board, executive committees and senior management.
• Lead engagement with regulators (e.g., PRA, ECB, MAS, Fed, RBI) on supervisory reviews, thematic inspections and self-assessments.
• Oversee annual BCBS 239 maturity assessments and attestations, and drive timely closure of regulatory findings and audit issues.

2. Data Risk Management

• Define and maintain the Data Risk Management Framework, aligned with enterprise risk and operational risk policies.
• Establish and monitor KRIs, data quality thresholds and risk appetite for critical risk data.
• Identify, assess and escalate data risks across quality, lineage, aggregation, reporting and third-party/vendor data.
• Lead remediation programs for control gaps, with clear accountability, milestones and tracking.

3. Data Governance & Controls (DCAM / DAMA-aligned)

• Apply DCAM and/or DAMA-DMBOK to design and mature the data management operating model, including ownership, stewardship, policies and standards.
• Own the identification, certification and control of Critical Data Elements (CDEs) across Risk, Finance and Regulatory reporting.
• Oversee end-to-end data lineage, metadata management and traceability from source to report.
• Run data governance forums, issue management and data quality control frameworks, working with the CDO office and data owners.

4. Risk Data Aggregation & Reporting

• Ensure risk data aggregation capabilities meet requirements for accuracy, completeness, timeliness and adaptability, including in stress and crisis scenarios.
• Oversee design, validation and governance of risk reports, MI and dashboards.
• Partner with Risk, Finance and Technology to deliver consistent, reconciled reporting for stress testing (CCAR/ICAAP), capital planning and regulatory returns.

5. Leadership & Stakeholder Management

• Lead and develop a team of data risk, governance and compliance professionals, directly and through a matrixed model.
• Engage senior stakeholders across Risk, Finance, Technology, Compliance, Internal Audit and the business.
• Deliver BCBS 239 and data risk training and awareness programs to build a data-literate culture.

6. Change & Transformation

• Lead strategic data modernization initiatives, including automation of controls, lineage and DQ tooling, and advanced analytics.
• Ensure BCBS 239 requirements are embedded into transformation programs, system implementations and new product/data initiatives.

Required Qualifications

• 15+ years in risk, data governance or regulatory compliance in banking or financial services, with at least 5 years in a senior leadership role.
• Proven, hands-on experience leading BCBS 239 programs, ideally through regulatory reviews and remediation.
• Strong, demonstrable experience with DCAM and/or DAMA-DMBOK in designing, implementing or assessing data management programs.
• Deep knowledge of data quality, lineage, metadata and risk reporting frameworks.
• Track record of direct engagement with regulators and Internal Audit.
• Strong leadership, influencing and communication skills at C-suite and Board-committee level.

Preferred Qualifications

• Experience with global regulators (PRA, ECB, MAS, Fed, RBI).
• Knowledge of Basel III/IV, stress testing (CCAR/ICAAP) and capital and liquidity reporting.
• Exposure to lineage, catalog and DQ platforms (e.g., Collibra, Informatica, Ataccama, Solidatus, Alation).
• Certifications: DCAM (EDM Council, e.g., DCAM Practitioner/Expert), CDMP (DAMA), FRM, PRM, CDO-level or similar.
• Experience in global or multi-jurisdiction G-SIB/D-SIB environments.

Success Measures

• Demonstrated, regulator-accepted compliance with BCBS 239 principles.
• Measurable improvement in DCAM/DAMA maturity scores and CDE data quality.
• Reduction in data-related risk issues, audit findings and reporting restatements.
• Timely closure of regulatory and audit remediation items.
• Stronger, scalable data governance and risk reporting capability.