Svp/vp, Specialist, Technology Risk

Business Function
Risk Management Group works closely with our business partners to manage the bank’s risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure.
Technology is key to enabling the DBS vision of being the leading bank in Asia. We are constantly challenged by ever changing technology landscape, increasing customer sophistication / demands and introduction of new / updated regulatory requirements. We need passionate Technology Risk Managers who play a high impact role as second line function in enhancing the bank’s technology risk and cybersecurity posture. This includes identifying potential technology and cybersecurity risks associated with existing, evolving and new technology systems and business processes, assessing potential impacts and engaging with other technology leaders on the risk treatment options based on enterprise risk appetite. Risks and mitigation plans are reported to senior leadership for review and attention.
The Role
The incumbent is a driven, self-starter, who plays an active role working in a dynamic environment with the Technology risk teams and is expected to have analytical skills to assess information and identify potential risks, be inquisitive on risks and controls issues. The incumbent is responsible for delivering effective governance forums on technology risks including tracking and reporting. The role involves conducting regular awareness training for staff on cyber, information and technology risks, including policies, standards and relevant topics and periodically publish technology risk awareness articles or create awareness campaigns.

**Responsibilities**:

- Formulate and maintain information and technology risk policies, standards and guidelines for the organisation, and work closely with the Technology stakeholders to enforce technology risk management policies and standards.
- Review adequacy of technology standards and guidelines in alignment with the associated technology risks.
- Analyse and identify emerging trends, hotspots, systemic issues and potential technology risks, including tracking and management reporting.
- Analyse trends, anomalies and behaviours and work with technology stakeholders to design and implement technical IT risk measure that are relevant to the Lines of Business.
- Use data driven approach to challenge both historical and proposed practices.
- Partner with first line peers to succinctly frame and report on infrastructure and cybersecurity risks relative to risk appetite.
- Responsible for supporting and delivering effective risk governance committees on technology risks including tracking and reporting.
- Perform thematic second line assurance reviews, including short and targeted focused reviews for areas of topical and key concern.
- Conducts regular awareness training for staff on cyber, information and technology risks, including policies, standards and relevant topics and periodically publish technology risk awareness articles.
- Enhance the business’ understanding of regulatory/compliance risk requirements and the implications to the organization.
- Proactive in forging effective engagement with key stakeholders on risk management and governance matters.
- 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.
- Supports budgeting, administration and coordination with internal and external partners for technology risk related matters.

**Requirements**:

- Degree holder.
- Minimum 12-15 years of working experience in relevant field. The role requires the individual to have more than 6 years of 2nd Line of Defence experience in a Financial institution.
- IT Audit background is a plus.
- Professional memberships and security certifications would be considered favourably (e.g., CISA, CISSP, CISM, CCSP, etc.):

- Professional security or risk management certifications.
- Certified Information Systems Auditor (CISA)
- Certified Risk & Information Systems Control (CRISC).
- Certified Cloud Security Professional (CCSP).
- Certifications related to SRE such as SRE Practitioner.
- Proficient and forward looking in identifying issues and risks and designing key controls and risk indicators.
- Experience in risk frameworks, policy and standards implementation.
- Ability to lead discussions with Line1.5 on reporting requirements and problem solve as required.
- Strong proficiency in technical/product expertise and knowledge in relevant fields.

(1) Technical Experience
- IT professional with good knowledge of technology platforms and systems in b