Chief Technology Risk Officer
2 weeks ago
AIA: A Leader in Health and Sustainability
We are committed to creating a healthier, more sustainable future for everyone.
About the Role
This pivotal position will play a crucial role in developing and implementing an effective Technology Risk 2nd line of defense function, providing risk oversight and advice. The position will work closely with the local Technology function and the Group Technology Risk Management function.The key responsibilities as a 2nd line function include:
- Supporting the implementation of the Group/MAS technology risk framework and processes for governance, risk and control, including reviewing current policies, guidelines, and procedures over technology risk.
- Implementing effective proactive risk & control data analytics; defining and building KPI and KRI reporting, and leveraging existing metrics and risk dashboards to support effective qualitative and quantitative risk reporting.
- Proactively identifying and effectively communicating emerging technology risks and opportunities to stakeholders at all levels of the organization.
- Regularly reporting to the Board and senior management on technology risk and security matters, including developments in the organization's technology security risk profile in line with developments within and outside the organization, to ensure that the information security, cyber risks, and threats are within the company's risk tolerances.
- Increasing awareness and enhancing the risk culture across the organization and providing day-to-day risk and control advice as a trusted 2nd line subject matter expert.
- Championing and advocating the ownership of technology risk management, ensuring risks are understood and managed within approved risk thresholds.
- Providing 2nd line reviews of risk assessments and business cases to identify key risks and gaps as required and providing assurance on the effectiveness of the technology and information risk controls and overseeing the operationalization of control processes.
- Providing security and control reviews on major technology initiatives to ensure that Group/MAS Security standards and requirements are met, and risk mitigation is appropriately implemented.
- Supporting Technology Risk and Control Self-Assessment (RCSA) and effective risk management practices and recommending actions to be taken as needed via various risk committees for execution.
- Assisting IT-related regulatory inspections and external audits and providing advisory services when needed.
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