Lead Cyber Risk and Compliance Specialist

2 weeks ago


Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time
Job Overview

The Islamic Development Bank is seeking a highly skilled and experienced Lead Cyber Risk and Compliance Specialist to join its team. As a key member of the organization, you will play a crucial role in supervising and ensuring the implementation of the Cyber Risk framework throughout the bank.

This senior-level position involves wielding the authority of the second line of defense at a corporate level to handle cyber and information security risks. Your primary responsibility will be to oversee the risks associated with the bank's IT resources and information assets by formulating a cyber risk management framework, executing annual risk assessment plans, maintaining the bank's cyber risk register, tracking the progress of risk mitigation plans, and ensuring the governance of risk management in the first line of defense.

Key Responsibilities
  1. Cyber Risk Management
  • Establish, update and maintain the cyber risk management framework and associated artifacts.
  • Ensure that risk management practices are executed as per the framework in the 1st and 2nd lines of defenses.
  • Oversee the risks identified by 1st line of defense and consolidate or update in the bank's cyber risk register.
  • Identify and manage information security risks to achieve business objectives, through developing systematic, analytical, and continuous risk management processes to ensure that risk identification, analysis, and mitigation activities are integrated into projects and process life cycles.
  • Monitor the progress of risk mitigation plans listed in the bank's cybersecurity risk register, and verify the effectiveness of controls implemented as per risk mitigation plans.
Second Line of Defense Governance
  • Provide advisory inputs to 1st line of defense and IMDT about cyber security projects.
  • Participate in reviewing cyber security artefacts.
Qualifications

To be successful in this role, you will need to have a Bachelor's degree in Cybersecurity, Information Security, Computer Science, Information Technology, or related discipline, along with 10 years of relevant post-qualification experience, with at least three (3) years of cyber risk management experience. Additionally, 3 years of managerial / relevant supervisory experience is mandatory. Possession of security and risk certifications, such as CISSP, CISM, CISA, CRISC, etc., would be an advantage.



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