Chief Cloud Risk Officer

4 days ago

Singapore DBS Bank Limited Full time
Company Overview

DBS Bank Limited is a leading financial institution in Asia, committed to providing innovative banking solutions to its customers. With a strong presence in the region, DBS has established itself as a trusted partner for businesses and individuals alike.

Job Description

The Chief Cloud Risk Officer will play a critical role in managing technology risks related to cybersecurity and cloud infrastructure. This includes identifying potential risks associated with existing, evolving, and new technology systems and business processes, assessing their impact, and engaging with other technology leaders on risk treatment options based on enterprise risk appetite. The incumbent will be responsible for reporting risks and mitigation plans to senior leadership for review and attention.

This position requires a driven, self-starter who can work independently in a dynamic environment. The ideal candidate will have a proven record of positively influencing stakeholders at all levels of the organization and be responsible for promoting risk culture. They must also possess analytical skills to assess information and identify potential risks, problem-solving skills to determine how to reduce those risks, and introduce more forward-looking measures of risk.

Responsibilities
  • Work with stakeholders across Group Technology to manage Technology Risks relating to cybersecurity and cloud infrastructure.
  • Partner with first line peers to succinctly assess, frame, and report on cybersecurity and cloud infrastructure risks relative to risk appetite.
  • Ability to review and challenge cybersecurity and cloud infrastructure resiliency design, define, and initiate stress testing against various risk scenarios.
  • Ability to use analytical thinking to identify security gaps, risks, control issues, and propose/review mitigation strategies.
  • Conduct independent assurance to evaluate effectiveness of IT controls.
  • Perform thematic second-line assurance reviews, including short and targeted focused reviews for areas of topical and key concern.
  • Oversight of remediation of issues arising from first-line identification of control deficiencies, internal and external incidents, including deep dive reviews to identify root cause.
  • Demonstrate strong judgment to balance being both a trusted advisor to the business and driving effective challenge.
  • Champion risk awareness and best practices with various stakeholders to uplift risk culture in the organization.
  • Enhance the business' understanding of regulatory/compliance requirements and the implications to individual initiatives and the broader firm.
  • Provide robust risk management oversight in supporting various internal, external audits, and regulatory inspections/examinations.
  • Monitor outstanding risk items and audit issues to ensure proper ownership and follow-up.
  • Ability to work independently, prepare, and write comprehensive reports for senior management on technology risk management activities and risk events for presentation to risk committees.
  • Ability to communicate complex technology risk concepts in a clear and concise manner.
  • Mentor more junior members of the team.
  • Stay current on emerging cyber threats and potential implications to the organization.

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