Chief Privacy Officer (Hybrid - Baltimore)
Full Time
Legal
United States
The Chief Privacy Officer (“CPO”) is responsible for the Privacy & Security (“PSL”) Team and Transamerica’s Privacy Program within the Legal & Compliance Department. Among other things, the CPO leads and provides oversight on the daily operations of the privacy program, cybersecurity compliance, development, implementation, and maintenance of policies and procedures, monitoring program compliance, investigation and advice relating to incidents and breaches in compliance with applicable privacy laws and regulations.
Responsibilities
The CPO's responsibilities include:
- Lead the PSL Team in the development, implementation, administration of, and adherence to, Transamerica’s and Aegon’s (Transamerica’s parent) policies and procedures covering the privacy of and access to protected data and information.
- Further build-out, continuously improve and support a strategic and comprehensive privacy program that defines, develops, maintains, and implements policies and procedures that enable consistent, effective privacy practices which minimize risk and ensure the confidentiality of protected information.
- Provide advice on U.S. and international privacy and information management laws and regulations; anticipate and advise the company on legal trends that will have significant impact on the organization; adeptly consider business concerns when advising on organizational-level policy and legal decisions.
- Collaborate with and support key members of the Legal & Compliance team, key members of Transamerica and Aegon management, key departments like the Chief Data Officer and Chief Information Security Officer as well as boards, committees, and functions to ensure the organization has and maintains appropriate practices and procedures specific to the privacy and confidentiality of protected information.
- Lead negotiations in disputes and/or regulatory matters specific to privacy and information management that have a significant impact on the company.
- Manage privacy and information management related legal matters handled by outside counsel.
- Review and advise on current cybersecurity compliance requirements to identify opportunities and gaps within existing requirements.
- Understand best practices in cybersecurity frameworks and standards. Monitor the evolution of cyber best practices and ensure continuous calibration of Transamerica’s cyber compliance framework.
- Support, advise and protect organization in event of privacy and/or cybersecurity incidents.
- Serve as a main source of advice to executive and functional leadership on the foregoing items.
- Accountable for budget and cost controls for the PSL team. Work closely with General Counsel in formulating departmental budget and cost control initiatives.
- Serve on committees and other groups that have a significant impact on the overall organization.
- Work closely with Aegon’s privacy team on strengthening privacy and security compliance across Transamerica and the Aegon.
Qualifications
- Juris Doctor or equivalent international degree
- Active license to practice law in a U.S. state or the District of Columbia
- U.S and international privacy and cybersecurity experience
- Understanding of US and state privacy laws and regulations (e.g., HIPAA, GLBA, CCPA, CPRA).
- Understanding of international privacy laws and regulations (e.g., GDPR, PIPEDA, LGPD, PIPA)
- Ten years of legal experience with a focus in privacy and cybersecurity (15+ years preferred).
- The ideal candidate will have strong experience managing a privacy and cybersecurity compliance program or privacy and cybersecurity legal team, and will have experience working in/with insurance or the broader financial services industry.
- Solid program management and compliance capabilities
- Substantial experience leading and managing people.
- Ability to effectively communicate, in both written and oral format, with the intended audience
- Ability to exercise sound judgment and prioritize in fast-paced environment
- Ability to exercise agility, adaptability, and practicality in providing legal advice
- Comfortable in rapidly changing corporate and legal environments
Working Conditions
- Office Environment
Occasional Travel <10%
The Salary for this position generally ranges between $235,000 - $350,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law. Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.