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IT Risk Specialist
1 week ago
About Our Client
Our client is a global financial technology company specializing in international money transfers and currency exchange, offering low-cost, transparent solutions for individuals and businesses alike.
Job Description
Spearheading the implementation of a robust group risk management framework/policies, including the development of entity-specific protocols and procedures, establishment of risk appetite, and continuous monitoring of key risk indicators. Conducting comprehensive risk self-assessments, with a particular focus on security risks across business entities, adhering to established risk management principles, and providing support for remediation efforts and closure of identified risks. Investigating and analyzing incidents to ascertain root causes and impacts, with a particular emphasis on security incidents, and ensuring diligent follow-up on action items to mitigate future risks. Providing support to 1st line teams during regulatory audits, external assessments, or internal audits, ensuring compliance with industry standards and organizational policies. Fostering risk awareness through targeted training initiatives and regular communications to first-line staff, ensuring a culture of risk consciousness throughout the organization. Overseeing the implementation and optimization of risk management toolsets, leveraging technological solutions to enhance risk assessment and mitigation capabilities. Representing or supporting management during regulatory reviews pertaining to risk management, ensuring adherence to compliance standards and facilitating effective communication with regulatory bodies. Delivering timely risk updates to local boards of directors and assisting in the preparation of submissions to group risk committees, providing insightful analysis and recommendations for risk mitigation strategies. Participating in regional or global projects related to various aspects of risk management, contributing expertise and insights to cross-functional teams.The Successful Applicant
A profound understanding of risk management principles, coupled with expertise in risk systems, reporting tools, and security frameworks, including a deep understanding of security risk management. Knowledge of the payments industry is advantageous, although not mandatory. Proven ability to collaborate effectively with senior stakeholders at both local and global levels, including compliance officers, operational risk teams, product managers, and first-line risk owners. Demonstrated independence, flexibility, and adeptness in managing multiple tasks or projects concurrently, while maintaining a high level of quality and attention to detail. Confidence in presenting to senior stakeholders, both internally and externally, as well as boards, with excellent communication and presentation skills. Background in security risk management or possession of relevant security-related certifications such as CISA, CISSP, or equivalent. Prior experience working within financial institutions, preferably with a focus on payments.-
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