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Technology Risk Management Specialist
1 week ago
You will be part of a team responsible for supervising technology and cyber risk management in Singapore's financial institutions.
Closely oversee and assess the adequacy of banks' technology risk management and cyber security plans and programmes, direct the banks on actions needed and advise MAS lead supervising departments as well as senior management on your professional assessments.
Key Responsibilities:
- Conduct onsite and offsite inspections of banks and other financial institutions on thematic control areas, such as privileged access management, network/system resilience, cyber security measures, Secure Development Lifecycle (SDLC), IT service management, change management, disaster recovery, incident/problem management, operational processes, IT third party risk management and IT governance.
- Assess the adequacy of Technology Risk Management (including cyber security) as part of MAS CRAFT process, with a comprehensive review/benchmarking of all technology and cyber risk control areas and provide professional opinion on risk rating, supervisory messages and directions to the banks.
- Oversee FIs' management of IT and cyber incidents, including timely response & recovery, adequate root cause analysis, disaster recovery, business continuity management, public communications and subsequent remediations of control gaps.
- Assess banks' breaches of MAS regulations, recommendation on supervisory actions, issuance of directions to banks on actions needed, monitoring and assessment of banks' progress.