Introduction

At IBM, work is more than a job – it's a calling: To build. To design. To code. To consult. To think along with clients. To make markets. To invent. To collaborate. Not just to do something better, but to attempt things you've never thought possible. Are you ready to lead in this new era of technology and solve some of the world's most challenging problems If so, let's talk.

About IBM Cloud For Financial Services

The IBM Cloud for Financial Services is designed to address cybersecurity and regulatory challenges as well as provide the benefits and flexibility of a public cloud in a secure and compliant environment, enabling financial institutions, Independent Software Vendors (ISV) and FinTechs to host applications and workloads in the Cloud with confidence and trust. To achieve its aims, IBM is seeking a Cloud Risk & Controls Specialist with financial services, cybersecurity and technology risk management expertise to join the team.

Visit ibm.com/cloud/financial-services

Your Role And Responsibilities

The Cloud Risk & Controls Specialist provides support for those looking to take a risk-centric approach to their digital transformation for application modernization to cloud. This role also helps clients and internal IBM partners to understand key security issues, risks, exposures, and helps develop approach to meet business needs. Key areas of responsibility include:

FS Validations & Risk Assessments

Partner with IBM Cloud Service/Software, IBM Cloud BISO, Infrastructure, and ISV Ecosystem teams to complete risk evaluations enabling FS Validation approvals for IBM Cloud Services/Software, MZRs, and ecosystem partners (ISVs)
As part of risk assessments, identify risks, threats, vulnerabilities, potential anomalous flows and interactions, considering potential mitigating/compensating factors
Help support development of internal and client-facing collateral providing insights and transparency into the FS Validation and risk assessment processes
Regularly assessing the security posture of client architectures to identify vulnerabilities and ensure compliance with internal policies and industry frameworks
Ensuring that the cloud environment adheres to relevant security standards and regulations, such as NIST, CIS Benchmarks
Use AI driven automation to accelerate FS validation and strengthen automated risk assessment, enabling faster validations and early risk detection
Take ownership of the security architecture plan and participate as a hands-on in client-facing engagements. Potentially being a seasoned security professional, providing guidance, and mentoring team members
Continually expand your knowledge in relevant areas, including business, integration technologies and data integration technologies

IBM Cloud Framework for Financial Services

Support effectiveness and continuous enhancement of the FS Controls Framework and associated methodology by identifying/documenting additional requirements, based on the outcome of controls mapping efforts, that further drives the security and risk architecture
Coordinate with the IBM Cloud BISO, Compliance teams, Offering Management, and strategic partners in confirming completeness and on-going enhancements of the FS Controls Framework
Provide subject matter expertise to strengthen controls design and implementation effectiveness

Control Mappings

Conduct control mapping assessments and produce formal reports showing how the IBM Cloud Framework for Financial Services control requirements compare to key industry and regulatory standards/requirements, as well as financial institutions (FIs) internal control frameworks
Assess whether FIs have a scrutable control set managed by a strong enterprise risk management function
Hold discussions with internal stakeholders and clients on an as needed basis to walk them through the results of various mapping assessments
Employ data analytics tools and related automation, e.g. AI, to drive controls intake process and initial gap analysis
Provide organization and thought leadership to ensure that the overall mapping program remains agile, rapid and scalable
Develop program assessment methods to drive efficiencies and evaluate service for ongoing improvement
Ensure program initiatives continue to align to organizational objectives
Oversee multiple in-flight assessments, ensuring program aims are delivered in a timely manner
Evaluate and overcome program risks and produce program reports for internal management & other key stakeholders
Maintain team's Key Performance Indicators (KPIs) and Service Level Agreements (SLAs)

Preferred Education

Master's Degree

Required Technical And Professional Expertise

Bachelor's degree in cybersecurity, computer science, information systems, or related field
4+ years of cybersecurity, IT risk management, IT audit and/or compliance experience, particularly within the financial services sector
Professional certification such as CISA, CISSP, CISM and CRISC
Understanding of global financial services regulatory bodies that oversee technology and cybersecurity risk in the industry, e.g. FFIEC, FCS, RBI, EBA (DORA), APRA, OSFI, MAS, CMORG, ECUC, and EUCS
Prior experience of proof reading/interpreting regulations along with ability to gauge possible associated risks
Strong proficiency of multiple security, IT Compliance and auditing standards, including but not limited to, NIST Cybersecurity Framework, NIST 800-53, COBIT, ISO 27001, CRI Profile, OWASP, ITILv3, and CSA
Subject matter expertise in IT operations & security control domains such as application security, cloud security, container security, change management, disaster recovery, data center operations, information and network security
Creativity and judgment to move between multiple projects within the business
Good communication (verbal and written) and interpersonal skills

Preferred Technical And Professional Experience

Master's degree in cybersecurity, computer science, information systems, or related field
6+ years of cybersecurity, IT risk management, IT audit and/or compliance experience, particularly within the financial services sector
Experience with cloud transformation risk management journey
Practical knowledge of security in application development, DevSecOps, and threat modelling

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