The Cyber Risk Officer will be responsible for overseeing and managing cyber risk within our financial services organization. This role involves developing and implementing strategies to protect sensitive financial information, ensuring compliance with industry regulations, and safeguarding the organization against emerging cyber threats.
Requirements
Key Responsibilities:
1. Financial Cyber Risk Assessment:
Conduct thorough assessments of cyber risks related to financial systems, data, and transactions.
Identify vulnerabilities and weaknesses in financial security controls and propose effective risk mitigation strategies.
2. Regulatory Compliance:
Ensure compliance with financial industry regulations, such as PCI DSS, GLBA, and other relevant standards.
Stay informed about changes in regulations and assess their impact on the organization's cyber risk posture.
3. Fraud Prevention:
Collaborate with fraud detection teams to identify and mitigate cyber risks associated with financial fraud.
Implement measures to enhance the security of online transactions and customer financial data.
4. Third-Party Risk Management:
Assess and manage cyber risks associated with third-party vendors and partners.
Develop and implement strategies to ensure the security of financial data shared with external entities.
5. Incident Response and Recovery:
Develop and maintain an effective incident response plan specific to financial services.
Coordinate with internal and external stakeholders to respond to and recover from cybersecurity incidents affecting financial systems.
6. Security Awareness in Financial Operations:
Conduct specialized cybersecurity awareness programs for employees involved in financial operations.
Provide targeted training on financial cybersecurity risks and best practices.
Qualifications:
7. Bachelor's degree in Cybersecurity, Finance, or a related field. Master's degree is a plus.
8. Professional certifications such as CISSP, CISM, or CRISC are highly desirable.
9. Extensive experience in cyber risk management within the financial services industry.
10. In-depth knowledge of financial regulations, standards, and best practices.
Experience:
11. Minimum of [X] years of experience in a cyber risk management or information security role within a financial services organization.
12. Proven track record in conducting risk assessments and developing risk mitigation strategies for financial systems.
Personal Attributes:
13. Strong understanding of financial operations and transactions.
14. Excellent communication skills, especially in translating technical concepts to financial stakeholders.
15. Strategic thinker with the ability to align cybersecurity initiatives with business objectives.
16. Detail-oriented with a proactive approach to identifying and addressing cyber risks.