JOB OBJECTIVE(S)

• TO identify, assesses, and mitigate risks related to information technology systems and processes, ensuring compliance with regulatory requirements and organizational policies. Safeguarding IT infrastructure and data while supporting business operations

REPORTING RELATIONSHIPS

• Functionally reports to: Head of Risk
• Administratively reports to: Head of Risk

JOB DESCRIPTION

Risk Identification and Assessment:

• Conducting Risk Assessments: Identifying potential risks to IT systems and data, including threats like cyberattacks, system failures, and data breaches.
• Analyzing Existing Risks: Evaluating the likelihood and impact of identified risks.
• Identifying Vulnerabilities: Pinpointing weaknesses in systems and processes that could be exploited by attackers or lead to failures.

Risk Mitigation and Management:

• Developing Mitigation Strategies:
• Designing and implementing plans to reduce or eliminate identified risks.

Implementing Controls:

• Establishing technical, physical, and administrative safeguards to protect IT systems and data.

Monitoring and Improving Controls:

• Continuously reviewing and enhancing existing controls to ensure their effectiveness.

Managing Risk Registers:

• Maintaining comprehensive documentation of identified risks, their assessments, and mitigation actions.

Compliance and Regulatory Oversight:

• Ensuring Compliance: Verifying that IT systems and processes comply with relevant regulations, industry standards, and internal policies.
• Staying Updated: Keeping abreast of changes in regulations and industry best practices.
• Supporting Compliance Programs: Contributing to the development and implementation of compliance programs.

Communication and Collaboration:

• Providing Guidance and Training:
• Training other employees and other stakeholders on IT risk management practices.

Collaborating with Stakeholders:

• Working with IT teams, audit departments, and other relevant groups to address IT risk concerns.

Reporting and Communication:

• Preparing and presenting regular reports on IT risk status and progress to management and other stakeholders.

Other Responsibilities:

• Business Continuity Planning: Developing and maintaining business continuity plans to ensure operational stability during disruptions.
• Outsourcing Oversight: Managing IT risks associated with outsourcing activities.
• Developing and Maintaining IT Risk Policies and Procedures: Ensuring a comprehensive framework for managing IT risks within the organization.

JOB REQUIREMENTS

• Academic: Minimum of a bachelor’s degree in cybersecurity, computer science, information systems, information security or similar technology-related field – Minimum
• Upper 2nd Class honors or 3.0 GPA.

Professional:

• Relevant certifications in information security and risk management knowledge areas, such as Information Systems Audit, Information Security Management and Ethical Hacking. Desired work experience:
• 3 years of experience working in a highly computerized and regulated environment

EXPERIENCE

• Minimum of 2 years banking experience in a similar capacity
• At least 2 years of experience within technology security, risk or assurance functions.
• Practical knowledge of risk and control frameworks and application in financial services industry

COMPETENCIES

Technical Competencies:

• Ability to undertake threat and vulnerability assessments so as to identify, quantify, and prioritize the vulnerabilities and threats to information systems.
• Ability to undertake security assessment and testing to reveal flaws in the security mechanisms of information systems including specific elements of confidentiality, integrity, authentication, availability, authorization and nonrepudiation.
• Knowledge and good understanding of Information
• Security and Control Objectives
• Fair understanding of information systems architecture and operational practices

Behavioral Competencies:

• Interpersonal skills to effectively communicate with and manage expectations of all team members and other stakeholders who impact performance.
• Knowledge and effective applicatio of all relevant banking policies, processes, procedures and guidelines to consistently achieve required compliance standards or benchmarks
• Self-empowerment to enable development of open communication, teamwork and trust that are needed to support true performance and customer-service oriented culture
• Must possess a high level of integrity