Verified Job
Accounting - Finance
Director Internal RiskBanking
Accounting - Finance
#446269
Remote / WFH
Job Description
The Director of Internal Risk will lead the bank's internal risk management efforts, focusing on identifying, assessing, and mitigating risks related to cybersecurity, hardware, and software infrastructure.
This role is crucial for ensuring the security and integrity of the bank's internal systems, safeguarding critical data, and ensuring regulatory compliance.
The ideal candidate will have a deep understanding of financial systems, cyber threats, hardware vulnerabilities, and software risks, with experience in managing security protocols and developing risk mitigation strategies within a banking environment.
Key Responsibilities
Risk Strategy & Leadership:
Develop and implement a comprehensive internal risk management framework, focusing on cybersecurity, hardware, and software systems.
Lead risk assessments and audits across the bank's IT infrastructure to identify vulnerabilities and threats.
Collaborate with senior leadership to align risk management strategies with the bank's business objectives.
Cybersecurity Management
Oversee the development and execution of cybersecurity policies, standards, and procedures to protect against potential cyber threats, including data breaches, malware, and ransomware.
Ensure real-time monitoring of network activity to detect and mitigate cyber threats and vulnerabilities.
Collaborate with the IT team to maintain up-to-date security software and hardware configurations, ensuring the bank's systems meet industry best practices.
Hardware & Software Risk Management
Oversee risk management strategies related to hardware, including servers, network devices, and endpoints.
Ensure the secure and compliant implementation of all software used within the bank, including internal applications, third-party integrations, and customer-facing systems.
Collaborate with the procurement and IT teams to assess risks associated with new technology acquisitions and deployments.
Incident Response & Crisis Management
Lead the internal incident response team to address cybersecurity breaches, system failures, and other internal risks.
Coordinate post-incident reviews to analyze the root cause and ensure the implementation of corrective actions.
Regulatory Compliance & Reporting
Ensure compliance with all relevant cybersecurity, hardware, and software regulations (e.g., FFIEC, GLBA, SOX, GDPR).
Provide regular reports to senior management and regulatory bodies regarding the status of internal risk management programs.
Stay updated on emerging regulations, trends, and technologies related to cybersecurity and IT risk management.
Team Leadership & Development
Build and lead a team of risk management professionals, providing guidance, training, and mentorship.
Foster a culture of risk awareness and compliance across all departments within the bank.
Qualifications
Bachelor's degree in Information Security, Risk Management, Computer Science, or related field (Master's degree preferred).
Minimum of 8-10 years of experience in risk management, cybersecurity, or IT security, preferably within the banking or financial services industry.
Strong knowledge of financial systems, regulatory compliance, and risk assessment methodologies.
Proficient in managing risks related to cybersecurity, hardware vulnerabilities, and software implementation.
Certifications such as CISSP, CISM, CRISC, or CISA are highly desirable.
Proven experience in developing and executing risk management frameworks.
Strong leadership, communication, and project management skills.
Key Competencies
Expertise in cybersecurity frameworks and risk management practices.
Strong analytical skills with the ability to identify and assess complex risks.
Ability to work collaboratively with cross-functional teams.
Excellent communication skills to articulate risks and solutions to technical and non-technical stakeholders.
Leadership and decision-making skills with the ability to drive change in a complex organization
This role is crucial for ensuring the security and integrity of the bank's internal systems, safeguarding critical data, and ensuring regulatory compliance.
The ideal candidate will have a deep understanding of financial systems, cyber threats, hardware vulnerabilities, and software risks, with experience in managing security protocols and developing risk mitigation strategies within a banking environment.
Key Responsibilities
Risk Strategy & Leadership:
Develop and implement a comprehensive internal risk management framework, focusing on cybersecurity, hardware, and software systems.
Lead risk assessments and audits across the bank's IT infrastructure to identify vulnerabilities and threats.
Collaborate with senior leadership to align risk management strategies with the bank's business objectives.
Cybersecurity Management
Oversee the development and execution of cybersecurity policies, standards, and procedures to protect against potential cyber threats, including data breaches, malware, and ransomware.
Ensure real-time monitoring of network activity to detect and mitigate cyber threats and vulnerabilities.
Collaborate with the IT team to maintain up-to-date security software and hardware configurations, ensuring the bank's systems meet industry best practices.
Hardware & Software Risk Management
Oversee risk management strategies related to hardware, including servers, network devices, and endpoints.
Ensure the secure and compliant implementation of all software used within the bank, including internal applications, third-party integrations, and customer-facing systems.
Collaborate with the procurement and IT teams to assess risks associated with new technology acquisitions and deployments.
Incident Response & Crisis Management
Lead the internal incident response team to address cybersecurity breaches, system failures, and other internal risks.
Coordinate post-incident reviews to analyze the root cause and ensure the implementation of corrective actions.
Regulatory Compliance & Reporting
Ensure compliance with all relevant cybersecurity, hardware, and software regulations (e.g., FFIEC, GLBA, SOX, GDPR).
Provide regular reports to senior management and regulatory bodies regarding the status of internal risk management programs.
Stay updated on emerging regulations, trends, and technologies related to cybersecurity and IT risk management.
Team Leadership & Development
Build and lead a team of risk management professionals, providing guidance, training, and mentorship.
Foster a culture of risk awareness and compliance across all departments within the bank.
Qualifications
Bachelor's degree in Information Security, Risk Management, Computer Science, or related field (Master's degree preferred).
Minimum of 8-10 years of experience in risk management, cybersecurity, or IT security, preferably within the banking or financial services industry.
Strong knowledge of financial systems, regulatory compliance, and risk assessment methodologies.
Proficient in managing risks related to cybersecurity, hardware vulnerabilities, and software implementation.
Certifications such as CISSP, CISM, CRISC, or CISA are highly desirable.
Proven experience in developing and executing risk management frameworks.
Strong leadership, communication, and project management skills.
Key Competencies
Expertise in cybersecurity frameworks and risk management practices.
Strong analytical skills with the ability to identify and assess complex risks.
Ability to work collaboratively with cross-functional teams.
Excellent communication skills to articulate risks and solutions to technical and non-technical stakeholders.
Leadership and decision-making skills with the ability to drive change in a complex organization
