Business Information Security Officer

Absa Bank; Gauteng; On-site; ZAR 800 000 - 1 000 000; Full time

Job summary

A leading financial institution in South Africa is seeking a Business Information Security Officer to integrate cybersecurity measures into the business strategy. The role involves implementing security policies, conducting risk assessments, and managing security incidents. Candidates should have a relevant Bachelor's degree, industry certifications, and significant experience in IT and project management. This position offers a competitive salary and dynamic work environment.

Qualifications

• 8 years' experience in the information technology or related field.
• 3 years in IT Project Management.

Responsibilities

• Bridge the gap between business operations and IT security.
• Implement and maintain information security policies and procedures.
• Conduct risk assessments and business impact analyses.
• Oversee security awareness and training programs.
• Collaborate with IT security teams.
• Monitor and respond to security incidents.
• Manage third-party security risks.
• Ensure compliance with regulations and standards.
• Report on security posture and KPIs.

Skills

Information Security Frameworks and Standards

Risk Management

Security Policies and Procedures

Incident Response

Data Privacy and Protection

Third-Party Risk Management

IT Security Technologies

Education

Relevant Bachelor's degree in Information Security, Computer Science, or a related field

Industry certifications such as CISM, CISSP, or CRISC

Ongoing training in information security

Job description

Job Summary

The Business Unit Business Information Security Officer (BISO) is responsible for integrating cybersecurity measures into the business unit's strategy, ensuring that information security initiatives align with and support its specific goals.

The BU BISO acts as a bridge between the central security function and business unit leadership, providing expertise on risk management, compliance, and data protection within the unit's unique operational context.

This role involves implementing security policies, conducting risk assessments, and managing security incidents to safeguard the unit's information assets.

Job Description

• Bridge the gap between business operations and IT security. Act as a liaison and translator between technical security teams and business units, ensuring security initiatives align with business objectives and risk appetite.
• Implement and maintain information security policies and procedures. Develop, implement, and enforce information security policies, standards, and procedures aligned with industry best practices and regulatory requirements.
• Conduct risk assessments and business impact analyses. Identify, assess, and prioritize information security risks across the organization, and develop mitigation plans to address them.
• Oversee security awareness and training programs. Develop and implement security awareness programs to educate employees on security best practices and promote a security-conscious culture.
• Collaborate with IT security teams. Work closely with IT security teams to ensure technical security controls are implemented effectively and aligned with business needs.
• Monitor and respond to security incidents. Assist in the investigation and response to security incidents, ensuring appropriate actions are taken to contain and remediate threats.
• Manage third-party security risks. Assess and manage security risks associated with third-party vendors and partners.
• Ensure compliance with regulations and standards. Maintain compliance with relevant regulations and standards, such as GDPR, HIPAA, PCI-DSS, and ISO.
• Report on security posture and KPIs. Provide regular reports to senior management on the organization's security posture, risks, and key performance indicators.

Role / Person Specification

Preferred Education

• Relevant Bachelor's degree in Information Security, Computer Science, or a related field.
• Industry certifications such as Certified Information Security Manager (CISM), Certified Information Systems Security Professional (CISSP), or Certified in Risk and Information Systems Control (CRISC).
• Ongoing training in information security, risk management, and regulatory compliance.

Preferred Experience

• 8 years' experience in the information technology or related field.
• 3 years in IT Project Management.

Knowledge and Skills

• Information Security Frameworks and Standards. Knowledge of relevant information security frameworks and standards, such as ISO, NIST Cybersecurity Framework, and COBIT.
• Risk Management. Experience in conducting risk assessments, business impact analyses, and developing risk mitigation plans.
• Security Policies and Procedures. Ability to develop, implement, and enforce information security policies and procedures.
• Incident Response. Understanding of incident response processes and procedures.
• Data Privacy and Protection. Knowledge of data privacy regulations and best practices for protecting sensitive information.
• Third-Party Risk Management. Experience in assessing and managing security risks associated with third-party vendors and partners.
• IT Security Technologies. Familiarity with key IT security technologies, such as firewalls, intrusion detection systems, and vulnerability scanners.

Education

• Bachelor`s Degrees and Advanced Diplomas: Physical, Mathematical, Computer and Life Sciences (Required).

Absa Bank Limited is an equal opportunity, affirmative action employer.

In compliance with the Employment Equity Act 55 of

Preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.