[CIMB] Technology Risk Specialist SG

Location: Singapore
Contact email: careersrise@bcg.com
Published: 6 days ago
Startdate: 19 September 2023 - 19 September 2023


Technology Risk Management

As a second line of defence function, the NFRM Department of CIMB ensures the first line of defence manages their technology, Information security and cyber risks by:

Provide Singapore addendum to the Group Technology Risk framework that is fit for purpose for size and scale of functions of CIMB Bank Singapore, providing guidance and training on the principles of the framework.

Oversee and provide constructive challenge to the first line of defence’s execution of the operational risk framework.

Provide Technology Risk & Regulatory Compliance expertise on a consultative basis to the functions in CIMB Bank Singapore and designated overseas locations in CIMB Group.

Report to senior management on aggregate technology and information security related operational risk exposure and mitigation activity.

Reassess the current risk assessment of outsourcing risk of technology / systems, and provide guidance on the 1.5 LoD governance over the vendor’s responses in TRM checklist.

Act as the subject matter expert in performing the highest complexity analyses and identifies trends using an expert understanding of technology risk metrics (KRIs, KPIs).

Drive the risk assessment process and oversee audit's coverage and reporting on common high-risk areas in collaboration with Group Technology Risk Management and 1.5 LoD teams.

Proactively assess the compliance exposure to current and emerging security and technology related to MAS and other technology-related regulatory requirements, plan and track remediation efforts.



Degree holder, or Professional Qualification in the relevant discipline such as Banking, Finance or Business

Professional Qualification and/or Regulatory, Licensing Requirements

Ideal to be equipped with professional or post graduate qualifications, e.g., Chartered Accountant, CFE, CSI, MBA

Professional information security certifications such as CISA, CRISC and/or CISSP will be an advantage

Sound knowledge in regulatory requirements (e.g. MAS Notice 644, 655, and TRM guidelines) and industry standards/ frameworks such as NIST, ISO 27001/2 and Cyber Security Act

Relevant Work Experience

Minimum 5 years of work experience, preferably with 1st line or 2nd line working experience in banking industry and/or from commercial law enforcement team

Possess strong prior experience and knowledge in technology and cyber standards and policy review, oversight and governance, risk management and audit


Good communication skills both, verbal and written

An understanding of risk drivers and ability to articulate risk to non-risk personnel

Understanding of how a bank operates front to back

A deep understanding of cybersecurity, technology and fraud risk management requirements of a universal bank

Basic understanding of system requirements and infrastructure

Experience in being able to contribute to methodology enhancement

Develop strong partnership and collaboration with the various BU/BE with the achievement of the common goals in mind