Director of Technology Risk

The Director of Technology Risk will lead the development and execution of a comprehensive technology risk management strategy within the financial services sector. This role involves identifying, assessing, and mitigating technology-related risks to ensure the security, resilience, and compliance of the organization’s IT infrastructure and operations. The successful candidate will have a deep understanding of financial services regulations, cybersecurity practices, and risk management frameworks.

Key Responsibilities:

1. Risk Management Strategy:

• Develop and implement a technology risk management strategy aligned with the organization’s overall risk appetite and business objectives.
• Establish risk assessment methodologies and frameworks to identify, measure, and mitigate technology risks.

1. Governance and Compliance:

• Ensure compliance with relevant financial services regulations, industry standards, and best practices.
• Develop and enforce technology risk policies, procedures, and controls.

1. Risk Assessment and Mitigation:

• Conduct regular risk assessments and audits of IT systems, applications, and processes.
• Identify potential threats and vulnerabilities and develop action plans to mitigate identified risks.
• Collaborate with IT and business units to implement risk mitigation strategies.

1. Incident Management:

• Develop and oversee incident response plans and procedures.
• Lead the response to technology-related incidents, ensuring timely resolution and communication.
• Conduct post-incident reviews to identify lessons learned and improve future responses.

1. Collaboration and Communication:

• Work closely with the CIO, CRO, and other senior leaders to integrate technology risk management into the broader risk management framework.
• Provide regular updates and reports to the executive team and board of directors on technology risk matters.
• Foster a culture of risk awareness and proactive risk management across the organization.

1. Team Leadership and Development:

• Lead and mentor the technology risk management team, providing guidance and support for professional development.
• Build and maintain a high-performing team capable of managing and mitigating technology risks.

1. Technology Oversight:

• Monitor emerging technology trends and potential risks associated with new technologies.
• Evaluate and recommend security technologies and tools to enhance the organization’s risk management capabilities.

Qualifications:

• Education: Bachelor’s degree in Information Technology, Cybersecurity, Risk Management, or a related field. Advanced degree (e.g., MBA, MS) preferred.
• Experience: Minimum of 10 years of experience in technology risk management, cybersecurity, or a related field within financial services.
• Certifications: Relevant certifications such as CISSP, CISM, CRISC, or equivalent.

Skills:

• • Strong understanding of financial services regulations and compliance requirements (e.g., FFIEC, GLBA, SOX).
  • Proven experience in developing and implementing technology risk management frameworks and strategies.
  • Excellent leadership, communication, and collaboration skills.
  • Ability to analyze complex information, identify key issues, and develop actionable solutions.
  • Strong project management skills with the ability to manage multiple priorities in a fast-paced environment.

Our client is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.