Senior Business Data Steward

Role Description

The position is described below. Preference is to sit in one of the locations listed on the requisition but will consider remote within footprint. Identifies business unit data critical business process and critical data elements in alignment with Enterprise Data Management and Governance established policies, standards, and procedures. Ensures data controls are implemented and maintained to effectively support the execution of business processes. Participates in domain working groups, best practices forums, and data management routines to stay informed of industry trends and support the accuracy and completeness of data through the supply chain.

Essential Duties and Responsibilities

• Responsibilities include the definition and validation of a business critical process and the associated critical data elements (CDEs) that support them.
• Business Metadata Management:
  • Onboard new CDEs that are specific to corresponding Business Unit or Corporate Group – collaborate with Technical Data Stewards.
  • Propose new CDEs and Data Domains to Data Domain Working Group for approval – collaborate with Data Domain Working Group.
  • Review assigned CDEs and their business metadata on an established frequency basis – collaborate with Metadata Center of Excellence (COE).
  • Discover and execute CDE change requests – collaborate with Metadata COE; Technical Data Stewards.
  • Submit CDE change requests for approval to Data Domain Working Group – collaborate with Data Domain Working Group, Metadata COE, and Technical Data Stewards.
  • Perform business process and traceability mapping - collaborate with Business Unit / Corporate Group representatives, Metadata COE and Technical Data Stewards.
  • Review trusted source assignments – collaborate with Technical Data Stewards.
• Data Quality:
  • Define Data Quality rules and standards for corresponding Business Unit or Corporate Group.
  • Partner with Technical Business Stewards to enroll and implement Data Quality rules for corresponding Business Unit or Corporate Group into appropriate systems– collaborate with Technical Business Stewards.
  • Monitor Data Quality activities, track data issues and risks, and develop associated mitigation strategies for corresponding Business Unit or Corporate Group.
  • Participate in Data Quality Issue Management Group and provide Corporate Group- or Business Unit-specific information – collaborate with Data Quality Issue Management Group.
  • As member of Data Quality Issue Management Group and/or Data Domain Working Group, escalate Data Quality issues and considerations as necessary to the Enterprise Data Governance Council – collaborate with Enterprise Data Governance Council.
  • Assist in resolving Data Quality Issues, either as part of Business Unit / Corporate Group or as part of the Data Quality Issue Management Group or as part of the Data Domain Working Group – collaborate with Data Quality Issue Management Group; Data Domain Working Group.
• Enterprise Metadata Repository / Metadata Catalogue:
  • Onboard new CDEs’ related business metadata – collaborate with Metadata COE.
  • Update central metadata repository with business metadata content (business terms, definitions, classifications, and business and Data Quality rules) – collaborate with Metadata COE and Technical Data Stewards.
  • Review CDEs’ metadata on an established frequency basis – collaborate with Metadata COE.
  • Discover and execute CDE metadata update requests – collaborate with Metadata COE.
  • Get CDE metadata change requests approved with Data Domain Working Group – collaborate with Data Domain Working Group.
• Data Privacy, Security, Retention and Archiving:
  • Monitor data security for data elements for corresponding Business Unit or Corporate Group.
  • Report or escalate data privacy issues to Data Privacy Group – collaborate with Chief Privacy Officer and team.
  • Review data requirements to enable compliance with Privacy Policy and other similar corporate policies and documents – collaborate with Chief Privacy Officer and team.
  • Enable the application of corporate strategy, policy, and ethics for all consumers of data from given Business Unit or Corporate Group.
  • Monitor data for alignment with national and regional regulations as well as with corporate ethical standards.
• Data Sharing, Access Control and Data Transfer:
  • Define Data Privacy rules and align them with the Enterprise Privacy Policy in collaboration with Chief Privacy Officer.
  • Further responsible for defining archiving, retention, and data destruction requirements for CDEs for corresponding Business Unit or Corporate functions in collaboration with the CDAO and Chief Privacy Officer.
  • Review data requirements to enable compliance with Privacy Policy and other similar corporate policies and documents – collaborate with Chief Privacy Officer and team.
  • Enable the application of corporate strategy, policy, and ethics for all consumers of data from given Business Unit or Corporate Group.
  • Monitor data for alignment with national and regional regulations as well as with corporate ethical standards.

Qualifications

• Equivalent combination of advanced education and related experience, which could include any combination of: 8 years of experience managing business processes or experience in technical-related decisions on the business side.
• Communications skills, including strong negotiation/facilitation/presentation skills and experience negotiating with vendors for relevant products and services.
• Knowledge of current and emerging application software products and tools.
• Project management experience to include multi-million dollar projects completed on time, within budget and delivering quality results.
• Strong analytical and architectural skills.
• Ability to manage a high volume of internal client relationships.

Preferred Qualifications

• Bachelor’s or master’s degree in business analytics, computer science, Information Technology, or a related field.
• Strong knowledge of Data and Analytics including emerging trends.
• Strong understanding of banking operations, risk management, and regulatory compliance.
• Excellent leadership, communication, and interpersonal skills.
• Project management experience and proficiency in managing budgets.
• Familiarity with machine learning, data analytics, and artificial intelligence in financial institutions.
• Banking or financial services experience, especially in a particular niche area.
• Financial Services Regulatory Reporting knowledge.

Benefits

• All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

Company Description

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.