Svp/vp, Technology Risk Management Applications, Risk Management Group

Singapore, Singapore

Job Description


Business FunctionRisk Management Group works closely with our business partners to manage the bank\xe2\x80\x99s 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\xe2\x80\x99s 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 RoleCross-discipline exposure to various aspects of technology with applications and infrastructure knowledge in financial institutions, including vendor risk management, disaster recovery management and business continuity are essential for this position. The incumbent is a driven, self-starter, who plays an active role working in a dynamic environment with the Technology risk teams to conduct independent assurance of risk management and drive IT risk management initiatives.The role is expected to have a proven record of positively influencing stakeholders at all levels of the organisation and is responsible to promote risk culture. Additionally, the incumbent needs to have analytical skills to assess information and identify potential risks, possess problem-solving skills to be able to determine how to reduce those risks, and introduce more forward-looking measures of risk. The incumbent should be inquisitive on risks and controls issues and rationalize their mitigation. Communication skills are important to inform management about potential risk issues, provide actionable reports, including articulating impact on policy changes. There will be frequent opportunities to represent Technology Risk\xe2\x80\x99s view in risk forums and different levels of risk committees. The demands and high-visibility nature of this position require an expert with a proven ability to work independently in a fast-paced environment and who can begin contributing immediately.Responsibilities

  • Partner with stakeholders across Group Technology to assess and manage Technology Risks relating to Site Reliability Engineering (SRE), Cyber Security and Emerging Technology, including but not limited to Blockchain, 5G, IOT and Public Cloud.
  • Lead efforts covering Applications, Software Development Life Cycle, Agile, Vendor risks to provide consistent challenge and advice.
  • Ability to review and challenge application resiliency design, monitoring thresholds, define and initiate scenarios for stress testing for various disaster recovery scenarios.
  • 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.
  • Constructively debate issues and connect the dots across various customer journeys and systems, perform scenario analysis, stress testing and challenge of proposed mitigation plans and risk acceptances.
  • Leverage business and tech/cyber domain expertise to raise the level of challenge activities to a strategic focus.
  • Identify opportunities to influence risk-taking strategies and ensure that aggregate risk is understood.
  • Encourage Line of Business to balance trade-offs between risk and returns in order to achieve business objectives.
  • 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.
  • Enhance the business\xe2\x80\x99 understanding of regulatory/compliance requirements and the implications to individual initiatives and the broader firm.
  • Provide robust risk management oversight in supporting various internal audits and regulatory inspections/exams.
  • Perform thematic second line assurance reviews, including short and targeted focused reviews for areas of topical and key concern.
  • Partner with first line peers to succinctly frame and report on infrastructure and cybersecurity risks relative to risk appetite.
  • 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 organisation.
Requirements
  • Degree holder in Information Technology, Computer Science or related discipline.
  • Minimum 12-15 years of working experience in relevant field.
  • Professional memberships and security certifications would be considered favourably (e.g., CISA, CISSP, CISM, CCSP, etc.):
  • Professional security or risk management certifications.
  • Certified Risk & Information Systems Control (CRISC).
  • Certified Cloud Security Professional (CCSP).
  • Certifications related to SRE such as SRE Practitioner.
  • Excellent in leadership skills and customer focus.
  • Moderate to master proficiency in developing & coaching, communication, business focus, planning & organising, teamwork & collaboration.
  • Change/innovation oriented, takes ownership of results, and outstanding problem solving skills.
  • Strong proficiency in technical/product expertise and knowledge in relevant fields.
(1) Technical Experience
  • IT professional with good experience in building, implementing technology platforms and systems in banks.
  • Experienced with infrastructure and security platforms.
  • Experienced IS or risk professional with experience and exposure to Agile, DevOps, SRE and security.
  • Practical experience assessing or building controls for AWS, GCP, Azure or other cloud services.
  • Prior experience in either banking, IT risk management, security-related or IT audit.
  • Sound knowledge in regulatory requirements (e.g. MAS Notice 644, 655, and TRM guidelines) and industry standards/ frameworks such as ITIL, SANS, COBIT, NIST, ISO 27001/2, Cyber Security Act, Banking Act, Personal Data Protection Act.
(2) Non-Technical Experience
  • Superb interpersonal and communication skills that include active listening, writing and executive presentation skills.
  • Excellent influencing and persuasion skills.
  • Proven critical analytical, including and the ability to express a point of view supported by data (with both technical and non-technical audiences).
  • Comfort raising concerns early and knows when to escalate, including the ability to raise issues and facilitate constructive problem-solving at all levels of the organization.
  • Experience in a second line or oversight role at a financial institution or regulatory agency.
  • Good planning and other project management skills, including strong organisation skills.
  • Must be solutions oriented; ability to work with all levels of management and staff.
  • Self-driven, passionate about hands-on learning on emerging technologies and its risks.
  • Self-starter, performance-oriented individuals.
  • Passionate about driving change through innovation.
  • General understanding of overall banking business.
(3) Work Relationship
  • Support the Head of Unit in discharging the responsibilities of the team.
  • Strong ability in knowledge sharing with peers.
  • Contribute as a member of Team and collaborate with fellow team members and technology managers.
  • Develop relationships with peer in the technology organisation.
Apply nowWe offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

DBS Bank

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Job Detail

  • Job Id
    JD1422696
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned