Technology Risk Lead

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Date: 28 Jan 2025

Location: Braddell, SG

Company: Network For Electronic Transfers (S)

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 130,000 acceptance points in the country as well as online payments.

Position:                           IT- Risk Lead

Division:                            Risk & Compliance

Reporting To:                  GCRCO

 

 
   

 

The following outlines the job responsibilities which are summarized and subject to changes over time as the role develops.

 

Summary

This role is responsible for defining, formulating and executing risk policies, processes and procedures for the organisation, covering  IT Risk. It sits in the Second Line and works closely with various stakeholders, including line departments, Line 1.5 roles and Audit. In addition, it is a key role that supports the Board Risk Committees.

 

Key Responsibilities
  • Provide leadership to a team of risk professionals, focusing on providing advice on sound risk management practices and developing risk frameworks, policies, processes, procedures to facilitate effective risk management
  • Interface with and provide timely updates to Board and Senior Management Committees
  • Chair the IT Risk Committee meetings to provide oversight and governance on IT risk matters
  • Serve as an alternate chair to the GCRCO for Enterprise Risk Committee meetings
  • Lead the risk team in proactively engaging internal stakeholders to drive risk awareness within the organisation and provide guidance on risk-related matters

 

Requirements
  • Minimum 15 years of experience in risk management, including operational risks, specifically IT and cyber risks
  • Strong working knowledge of risk management principles and MAS Guidelines, including Technology Risk Management Guidelines, Cyber Hygiene Notice, etc.
  • Experience dealing with Board- and Senior Management-level Committees
  • Candidates with relevant experience in the financial/banking/payment industry or in a highly-regulated environment are preferred
  • Certifications such as CISA, CRISC, CISM, CISSP or any relevant certification will have an advantage
  • Excellent problem-solving skills and ability to prioritize and manage multiple tasks
  • Proactive leader and team player with the ability to work independently with minimal supervision
  • Excellent communication (both spoken and written), presentation and business writing skills, attention to detail and ability to perform deep-dive investigations

 

 

Network for Electronic Transfers (Singapore) Pte Ltd.