ORMG-Risk Manager-Information Technology

Role & responsibilities

• Leads key organization-wide digital risk initiatives, and identify risks, through having a strong technical knowledge, well-rounded business sense and effective collaboration.
• Collaborates closely with IT, Digital, ISG and business stakeholders in the execution of key initiatives to minimize technology and digital risks across the organization.
• Provides support and direction to ensure appropriate risk management oversight occurs for technology and digital risk activities.
• Assist the respective business teams in finalizing an appropriate risk mitigation plan and track the compliance
• Plays a key advisory role, providing guidance, direction and effective teaming with the IT, Digital and ISG teams on technical practices and initiatives.
• Supports, guides, and advises key business stakeholders throughout the organization with respect to digital risk.
• Collaborates and builds effective relationships with key stakeholders.
• Leads special projects and performs other duties as assigned.
• Custodian of the IT & Digital Risk Management Policies and processes
• Ensures timely review of the policies and processes defined
• Oversee the activities of the department so the approved policies and procedures are followed
• Provides Subject Matter Expertise (SME) input for new initiatives and ensures alignment with the IT & Digital Risk framework, policies, and relevant regulatory compliance.
• Implements a process (in collaboration with IT and ISG) where key digital risk, security and technology metrics (KRI's, KPI's) are identified, analyzed for trends, monitored and reported to the required committee.
• Gain understanding of the process being outsourced and identify the risks
• Participate in Partner diligence to identify the risk areas
• Validate the on-boarding process and the subsequent journey of the partner
• Participate in periodic diligence of the partner as per the IT& Digital Risk management framework
• Keep a track of the regulatory changes, mandates and updates
• Coordinate with the relevant departments, functions to identify the regulatory requirements and the compliance requirements
• As required identify the updates required in the IT & Digital Risk management framework to incorporate updates based on regulatory requirements

Preferred candidate profile

• 3 - 6 years of relevant experience
• Experience in highly regulated environment.
• Knowledge of digital products and services enabled by Cloud, mobile, social and big data, etc.
• Strong exposure to risk management of third party technology in Artificial Intelligence, Machine Learning etc.
• Exposure to risk in various facets of the banking business
• Strong exposure to local and global regulatory guidelines