Technology Risk Manager, Digital Bank
2 days ago
Boost WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
The Technology Risk Manager in the Boost Bank is responsible for monitoring and reviewing technology risk management together with its related control mechanisms. The role is placed as a second line role in accordance with the three lines of defense model in risk management, which requires facilitating risk management, monitoring, independently reviewing, and challenging risk identification & risk management performed by the first line.
Role
- Review the risk assessments and facilitate the management of technology risk in accordance with the Technology Risk Management Framework (TRMF) and Cyber Resilience Framework (CRF) aligned to the Enterprise Risk Management Framework.
- Independently review and challenge the first line in the management of technology risk in accordance with organization-defined technology risk policies, framework, standards, and guidelines for Boost Bank, in commensurate with the latest law & regulatory requirements, technology threat landscape, enterprise risk exposure, and appetite.
- Perform independent reviews of various technology risk assessments performed by the first line of defense, including application risk assessments, cloud risk assessments, third-party technology risk assessments, material technology project risk assessments, and ad-hoc risk assessments.
- Facilitate the identification, assessment (including RCSA), management, and reporting of technology risks in alignment with ERM reporting and processes.
- Provide supplementary technology risk assessment tools/templates to facilitate risk management.
- Work closely with ERM in performing risk workshops and risk culture awareness.
- Advise suitable Key Risk Indicators (KRIs) to effectively monitor key technology & cyber risks.
- Provide complementary risk expertise, support, monitoring, and challenge related to the management of risks.
- Provide advisory on technology risk assessment, risk mitigation controls, and risk treatments.
- Provide independent technology risk management opinions, comments, and feedback as part of risk assessment outcomes, together with risk assessment review sign-off as a second line independent risk review.
- Ensure risk owners perform risk registration into the enterprise-wide technology risk register for identified risks.
- Monitor the risk status and obtain updates from the risk owner regarding registered risks.
Requirements
- Bachelor's Degree in Information Technology (IT), Computer Science, or other related discipline with relevant experience in managing technology/cyber risk in financial institutions.
- 5-7 years of full-time work experience in information security management and/or related functions (such as IT audit and IT Risk Management).
- Professional certification such as CISM, CISA, CRISC, CISSP, or equivalent is highly desirable.
- Good understanding of regulatory frameworks and compliance requirements associated with financial services and a thorough understanding of end-to-end IT operations and how IT interfaces with business, risk management, compliance processes, and IT Security.
- Excellent interpersonal skills and the ability to communicate and manage relationships at all levels, including senior management, business users, participants, vendors, and team members.
- Ability to communicate technology and security risks in business terms to all levels of the organization.
- Knowledge of digital banking technologies, cloud, and security solutions.
- Knowledge of security metrics and technology-related key risk indicators.
Mid-Senior level
Employment typeFull-time
Job functionOther
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