Technology Risk Specialist

Monetary Authority of Singapore

Permanent

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

As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment.

All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.

About Monetary Authority of Singapore

MAS is the central bank of Singapore. Our mission is to promote sustained non-inflationary economic growth, and a sound and progressive financial centre.