Location(s): 100% Remote OR Los Angeles, CA
Job Description & Synthesis
The VP, Cyber and Technology Risk will identify, analyze and report enterprise technology risks for executive-level business, Cyber, Technology, and information security leadership.
The work product will be shared with the Audit and Risk Committee, parent bank, and its regulators.
The position will also perform quantitative and qualitative analysis to support the prioritization of risk mitigation projects, measure the progress of technology risk reduction initiatives, and identify areas with high residual risk.
You will also perform challenge and oversight of the First Line of Defense as a member of the Second Line of Defense and will develop, collect and report metrics and Key Risk Indicators (KRI) which provide effective, proactive identification of technology risks.
Specific Responsibilities
Manage the accountability and oversight of the risk assessment process, ensure assessments are completed in a timely manner, are appropriately scoped, and provide assurance through independent review and challenge of management control testing, including applications, data centers, databases, and infrastructure.
Have primary responsibility for architecting the risk assessment methodologies and systems to ensure all necessary inputs, modules, and reports are implemented to automate to the extent reasonably possible.
Translate complex regulations into clear, easily understood regulatory requirements and desired outcomes; perform gap analysis.
Perform independent categorization and aggregation of technology risks identified by the first line of defense, and provide a thematic view of risk across the enterprise.
Map regulatory requirements across regulations to identify overlapping requirements and compliance efficiencies.
Track regulatory compliance and maintain up-to-date records of requirements and corresponding mitigating controls.
Ensure that the bank’s IT framework, policies, and standards comply with regulations; work with the relevant Framework and Policy Committee(s) when policies need to be updated or created.
Work with business units to ensure controls are effective and appropriately address the relevant regulatory and security requirements they address.
Complete credible challenge and oversight of the first line of defense (the business functions) as a member of the second line of defense.
Coordinate with other compliance functions
– like Audit, Legal, Enterprise Risk, and Privacy
– to track compliance across the organization and pool expertise on vague or complex regulatory requirements.
Create presentations, briefings, and communications on technology risk issues for a variety of internal and external stakeholders.
Key Requirements
Bachelor’s degree in computer science, cybersecurity, information technology, information security, or related field is preferred Minimum 7 years of experience in Cyber and Technology risk assessment and analysis Minimum 4 years of experience with eGRC or equivalent risk or security management system Minimum 4 years working for a bank or financial institution.
Prefer experience in a Risk Management (2LOD) department along with at least 4 years in banking or financial services, or equivalent experience in a consulting capacity Prefer experience with internal control frameworks for information technology, information security, IT governance frameworks, and conducting and analyzing cyber and technology risk assessments.
Demonstrate knowledge and aptitude for methods for scoring, calculating, and quantifying risk.
Must be able to effectively articulate ideas through verbal and written communications.
Experience with MS Excel, Word, PowerPoint, and eGRC systems, such as Archer or RSAM Prefer certifications: CISSP, CISA, CSIM, CGEIT, CRISC, FAIR or related certifications Prior experience analyzing and applying regulatory requirements to security practices Familiarity with changes and trends in the regulatory landscape Demonstrated organization, facilitation, communication, and presentation skills Demonstrated ability to lead and execute across a range of businesses and functions with differing issues and interdependencies Experience in designing and executing management testing of key controls, evaluating controls for design effectiveness, operating effectiveness, and efficiency.