Toa Payoh Jobs It Risk Position at Network for Electronic Transfers (Singapore) Pte Ltd

Job Info

Company	Network for Electronic Transfers (Singapore) Pte Ltd
Position	It Risk
Region	Toa Payoh
Career Level	Not Specified
Work Experience	-
Qualification	Not Specified
Type of Work	Full-Time
Specialization Required	Computer/Information Technology, IT-Software
Minimum Salary	SGD 2.000
Maximum Salary	SGD 5.700

About NETS

The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers and banks across the entire payments value chain.

The Group operates Singapore’s national debit scheme enabling customers of DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make payments using their ATM cards or mobile devices at more than 120,00 acceptance points in the country as well as online payments.

The NETS network also accepts NETSPay, UnionPay and BCA cards, and includes 54,00 Unified POS terminals and 96,00 QR acceptance points. NETS is also the issuer of CashCard and FlashPay cards.

The NETS Group manages and operates Singapore’s clearing and payment infrastructure for core electronic transfer services FAST, Inter-bank GIRO and PayNow.

It is the market leader providing payment and clearing solutions (Real-Time Gross Settlement system and Cheque Truncation System) in the region.

NETS is a member of the Asian Payment Network and a council member of UnionPay International.

For more information on the NETS Group, please visit **

Summary

This role, as a second line-of-defence, is responsible for defining, formulating and executing IT and cyber risk-related risk Frameworks, Policies, Processes and Procedures for the organisation. This role works closely with first and third lines-of-defence, and acting as an advisor and domain expert to the business stakeholders on IT and cyber risk matters. Overall the role is responsible to manage Technology risks (including cyber risks) for the organization.

Key Responsibilities

• Advise on sound IT and cyber risk management matters, through timely updates to Senior Management.
• Chair IT risk committee meeting to provide oversight on IT and cyber risk matters.
• Develop and execute policies, processes and procedures to facilitate effective IT and cyber risk management.
• Administer IT compliance and technology/cyber risk management by examining the internal and external risks, including horizon scanning of emerging risks, while ensuring policies commensurate with industry practices.
• Liaise with diverse teams to conduct IT risk management and drive IT risk–related compliance / self-assessment programmes.
• Partner and work with internal stakeholders to review, identify, streamline and implement process improvement with regards to IT and cyber risk management.
• Manage IT risk-related audits, regulatory inspections. Review the audit findings with key stakeholders to determine action plans and verify remedial solutions for closure
• Proactively engage in establishing IT Risk awareness within the company.
• Communicate and provide guidance of new It risk–related policies and standards to relevant stakeholders.
• Ability to innovate and strategize as required.

Requirements

• Minimum 12 years of experience in risk with at least 5 years of experience specifically in IT risk (preferably from financial/banking/payment industry) and be familiar with MAS TRM & CCOP Guidelines or equivalent.
• Open to candidates with experience in IT/cyber operations or IT/cyber governance, IT/cyber audit, IT/cyber regulatory compliance who are keen to explore a career in IT risk management.
• Strong knowledge of regulatory requirements and industry trends/practices (e.g. NIST framework, MAS TRM Guidelines, MAS Cyber Hygiene, CCOP, ISO 27001 standard)
• Certifications such as CISA, CISM, CISSP, CRISC or any relevant certification is an advantage.
• Excellent problem-solving skills and ability to prioritize and manage multiple tasks.
• Proactive team player with ability to work independently with minimal supervision and equips with excellent communication (both spoken and written), presentation and business writing skills.
• Have a strong control and process management mindset, constantly paying attention to details and have ability to perform deep-dive investigation and crunching for control and process issues.

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Company Description

Company Info

• Industry: Banking / Financial Services
• Registration No.: 198500065G
• Company Size: 501 - 1000 Employees
• Average Processing Time: 25 days
• Benefits & Others: Medical, Regular hours, Mondays - Fridays, Benefits Allowance, Smart Casual