The Core Responsibilities!
- By collaborating with multi-disciplinary teams, cross-functional departments, stakeholders, and vendors, this role is responsible for implementing and measuring various aspects of corporate cyber risk and compliance matters. The role will support project teams and work towards ensuring that the organization is meeting the necessary regulatory requirements.
- Maintaining and updating the cyber risk register to ensure it accurately reflects the current risk profile of the organization.
- Collaborating with stakeholders across the organization to identify and assess potential risks and control measures, and documenting these in the risk register.
- Regularly reviewing risk ratings and mitigation strategies in the risk register to ensure they remain relevant and effective.
- Monitoring and reporting on cyber risk management activities including trends and remediation progress to management and other stakeholders.
- Identifying opportunities to improve risk management processes and the use of the risk register and working with relevant stakeholders to implement these improvements.
- Staying up to date with industry trends and best practices in cyber risk management.
- Ensuring the alignment between the risk register and the company’s overall cyber risk strategy.
- Providing training and support to other employees on risk management processes and the use of the risk register.
- Conducting cyber-risk assessments of third-party vendors, including gathering data, performing analysis and providing recommendations.
- Reviewing and analyzing vendor security policies, procedures and controls to ensure compliance with regulatory requirements and industry standards.
- Developing risk assessment reports and other documentation for third-party vendors, including risk ratings, mitigation plans, and recommended actions.
- Collaborating with stakeholders to ensure that third-party vendor risk assessments are conducted in a timely and effective manner.
- Assist with the preparation and execution of audit, red team, and tabletop exercises by efficiently collecting and organizing relevant information, and effectively communicating findings and recommendations to key stakeholders.
- Provide cyber security governance and cyber risk management expertise and guidance to project teams and other stakeholders.
- Fostering a risk-aware culture throughout the organization, where cyber risk is integrated into all operational processes.
Let's Talk About You!
- Bachelor’s degree in computer science, Information Security, or a related field.
- At least 3 years of experience in cyber security governance and risk management (or related 2nd or 3rd line-of-defense).
- Strong understanding of cyber security risk management methodologies and frameworks.
- Knowledge of industry regulations such as NIST, OSFI B-13 and OSFI B-10.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Maintain or working towards a CRISC, ISO27001 Lead implementer/Lead Auditor, CISA or CISM certification or similar is required.
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What We Do
MakeBank on everyday banking: Earn high interest on every dollar Say no to fees No minimum balances Powered by Equitable Bank, a Schedule I Canadian Bank EQB Inc. (formerly Equitable Group Inc.) trades on the Toronto Stock Exchange (TSX: EQB and EQB.PR.C), directly serves over 607,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank™, and serves over 200 Canadian credit unions that serve over 6 million of their members with products and services. Equitable Bank has grown to become Canada's 7th largest independent Schedule I bank with over a $119 billion in assets under management and assets under administration, and a clear mandate to drive real change in Canadian banking to enrich people's lives. At Equitable Bank, we are as invested in our employees as we are in our business. That’s why we are consistently recognized as one of Canada's Top Employers – a rating that comes from our 1,800 employees. Equitable Bank’s inclusive, welcoming, and pride-inducing workplace earned it the honour of being recognized as one of the top 50 organizations on the 2023 list of Canada’s Best Workplaces™. Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking, and through its EQ Bank platform (eqbank.ca), which has been named #1 Bank in Canada for three consecutive years on the Forbes World's Best Banks list for 2021, 2022, and 2023. Equitable Bank website: www.equitablebank.ca EQ Bank website: www.eqbank.ca Specialties Lending, Mortgages, Residential Lending, Commercial Lending, Reverse mortgages, Insurance lending, Equipment leasing , Credit Union, Trust, and Funds Management
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