Data Control Function

Definition:

The function that sets the enterprise data risk controls framework and strategy.

Commentary:

The data control function is the first line of defense against risk from ineffective data management practices. This includes the identification of key risk indicators as well as reporting of key risk and performance indicators to executive management. The function includes, but is not limited to:
– Designing and implementing an organization-wide data risk governance framework
– Establishing data policy and standards for mitigating risk from data
– Defining and implementing risk profiling, assessment and oversight processes
– Developing risk training and tools to ensure compliance with risk mitigation objectives
– Monitoring and enforcing compliance with data policies and standards

Possible Role Titles:
– Data Control Executive
– Head of Data Control
– Data Control Manager