Technology Risk Specialist

What the role is

The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.
As central bank, MAS promotes sustained, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore’s exchange rate, official foreign reserves, and liquidity in the banking sector.
As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education.
MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.
Join us now, if you have a genuine interest in making an impact to help shape Singapore’s economic and financial landscape

What you will be working on

You will be part of a dynamic team within the MAS Chief Cyber Security Officer’s Office under Technology Cyber Risk Supervision Department (TCRD).

In this role, you will have opportunity to work with various IT professional within MAS, to ensure our IT architectures, operations, processes, and cyber security approaches achieve technology and cyber resilience.

You will support the Chief Cyber Security Officer in his role as a second line of defence to carry out the following responsibilities:

• Providing risk advisory related to technology and cyber risk management, to both system owners and business users
• Developing IT security Key Risk Indicators (KRIs) and providing regular updates to MAS management
• Participating in IT security and control reviews of critical IT processes and providing oversight over the implementation of enhancements and remediation to address gaps identified
• Developing and maintaining the MAS Cyber Security Policy and Cyber Risk Management Framework
• Collaborating with the MAS cybersecurity team on MAS IT policies and procedures, to ensure adequate controls are implemented to comply with IT policies and procedures
• Reviewing technology and cyber risk assessments performed by technology and business departments
• Apart from working with MAS internal stakeholders, you will have opportunities to be exposed to work and projects relating to technology and cybersecurity supervision of financial institutions (FIs) as part of cross-learning within the department.
• You are expected to have a good understanding on technology and cybersecurity risk management and possess the passion and requisite skillsets to provide appropriate advisory to the stakeholders.

What we are looking for

• At least 5 years of relevant experience in IT security, IT audit, enterprise IT risk management or related areas
• Degree in Information Technology, Computer Science, Computer Engineering, or relevant fields
• Has clear understanding of risk management and with the ability to identify and manage technology and cyber risks
• Possess strong technical knowledge and know-how to conduct effective risk assessments
• Candidates with CRISC certification and relevant experience in Banking and Finance industry would be an advantage
• Self-motivated and able to work independently