IT Risk Management Specialist

7 days ago


Sandton, South Africa FirstRand Bank Limited Full time

About the Role:

We are seeking a highly skilled IT Risk Management Specialist to join our team at FirstRand Bank Limited. As a key member of our risk management team, you will be responsible for ensuring the effective application of our business risk management framework to technology and information systems.

Key Responsibilities:

  • Oversee the implementation of business continuity, security, and quality measures to ensure the effectiveness of solutions and provide security-focused consultative services to the business.
  • Cultivate a strong risk culture aligned to FSR Promises and manage objective working relationships with stakeholders, including peers, SMEs, project managers, and senior staff members.
  • Provide advice and support on IT risk and compliance, contribute to IT risk reports, and review and assess the quality and accuracy of IT reports.
  • Manage team performance in achieving business objectives and build working relationships across teams and functional lines to enhance work delivery, collaboration, and innovation.
  • Deliver customer experience excellence in own service delivery aligned to Organizational values and service standards.
  • Control expenditure and identify process improvements to contain and reduce costs.
  • Participate in planned activities for own and employee development.
  • Monitor IT Risk performance and manage risk, including identification, analysis, and evaluation of risks across the business, and oversee the implementation of appropriate control measures.
  • Ensure the development and continuous value-add improvement to operational processes.
  • Identify sources of risk, areas of impact, events, and their causes and potential consequences that might create, enhance, prevent, degrade, accelerate, or delay the achievement of IT objectives.
  • Determine the level of risk, which is defined as the combination of the consequences and likelihood of the inherent risk.
  • Conduct impact analysis to ensure resources are adequately protected with proper control measures within acceptable levels of residual risk.
  • Assist IT with creating action plans to mitigate potential risks within the IT environment and comply with governance in terms of legislative, audit, and business policy requirements.
  • Follow up on deficiencies identified in monitoring reviews, self-assessments, automated assessments, and internal and external audits to ensure that appropriate remediation measures have been taken.
  • Contribute to IT Risk reports and review and assess the quality and accuracy of IT reports.
  • Monitor and analyze IT Risk performance and generate reports.
  • Identify areas needing improvement and develop recommendations.
  • Partner with business and IT regarding monitoring and reviewing risk performance.

Requirements:

  • Over 5 years' experience in a similar role.
  • Strong communication, decision-making, and interpersonal skills.
  • Good stakeholder engagement and management.
  • Able to work under pressure.

What We Offer:

  • Opportunities to network and collaborate.
  • Challenging work.
  • Opportunities to innovate.

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