Cyber Risk Officer

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:

• Bachelor's degree in Cybersecurity, Finance, or a related field. Master's degree is a plus.
  
• Professional certifications such as CISSP, CISM, or CRISC are highly desirable.
  
• Extensive experience in cyber risk management within the financial services industry.
  
• In -depth knowledge of financial regulations, standards, and best practices.
  

Experience:

• Minimum of [X] years of experience in a cyber risk management or information security role within a financial services organization.
  
• Proven track record in conducting risk assessments and developing risk mitigation strategies for financial systems.
  

Personal Attributes:

• Strong understanding of financial operations and transactions.
  
• Excellent communication skills, especially in translating technical concepts to financial stakeholders.
  
• Strategic thinker with the ability to align cybersecurity initiatives with business objectives.
  
• Detail -oriented with a proactive approach to identifying and addressing cyber risks.