IT Risk Manager

Job title:

IT Risk Manager

Company

Cynergy Bank

Job description

Application Deadline: Wednesday 9th AprilHybrid Working Pattern – 3 days in Office & 2 WFHAbout usCynergy Bank is the UK’s human digital bank serving the needs of ‘scale up’ or medium sized and fast-growing SMEs; professionals; high net worth and mass affluent individuals, in essence those market segments that still value human service enabled by great technology.We recognise that professional and personal lives often overlap and our mission is to help empower our customers to achieve their ambitions by serving all their interdependent banking needs. We provide a comprehensive range of digitally enabled products and services to meet the property finance, business and commercial banking, private banking and personal savings needs of our customers.Our human and digital model transforms banking for customers who still value a face-to-face relationship that is enabled by the latest digital technology.We partner with firms such as Google Cloud, Cigniti and Slalom as we continue to innovate in the human digital space.Cynergy Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Eligible deposits with Cynergy Bank plc are protected by the .For more information on Cynergy Bank visitCompany Benefits

• Competitive Salary and Company Bonus
• Competitive holiday allowance plus bank holidays
• Option to purchase an additional 10 days holiday
• Pension contribution and Life Assurance
• Income Protection Scheme and Season Ticket Loan
• Medical Cover (After Probation)
• Electric Car Scheme and Money Coach (After Probation)

The Role:Working in the Bank’s second line Operational Risk team, you will be supporting the first line IT Operations, Transformation, Information Security/Cyber and Data teams, to execute the ERMF and ensure the risk framework and tools are used as intended. You will provide oversight and challenge to support quality risk management and decision making; ensuring that the first line risks and controls are appropriately understood, managed and reported appropriately.Responsibilities:

• Responsible for the operational risk oversight and challenge of the first line Business Unit(s) allocated, supporting various risk management activities – including risk registers, key risk indicators, controls, issues and action management.
• Provide second line opinion on the risk profile reporting though governance; this can include the monthly risk reporting or via individual change initiatives, ensuring appropriate escalation where risks are outside of appetite.
• Oversight and challenge the risk and control self-assessment (RCSA) process led by the first line, in line with the agreed procedures.
• Review operational risk events and records; ensuring that incidents are managed robustly and recorded appropriately, with the impacts and root cause captured. Ensure mitigating action is taken, including the timely issue of strengthened procedures and defences.
• Oversight the quality of first line record keeping in the Bank’s risk management tool (Resolver) and provide feedback where required.
• Oversee IT led Change initiatives and consider the impact to the Bank’s risk profile. Ensure the material change risk process (MCRP) is adhered to where appropriate.
• Support compliance with IT, Information security & cyber-resilience policies.
• Remain abreast of new security threats, regulatory developments, best practice and international standards as they affect information security and cyber-resilience.
• Undertake or contribute to second line thematic reviews as required.
• Provide input into the ICAAP process as required, including scenario analysis and stress testing.

Essential Knowledge & Experience

• Proven experience in an IT/ Security/Cyber risk management role
• Preferred experience in IT change delivery programmes and/or data governance
• Stakeholder management skills

Additional responsibilities for all employees

• Actively promote and practise the Bank’s Guiding Principles
• Understand and adhere to the Bank’s policies and procedures with reference to:

• Conduct Rules and Professional Standards Policy
• Information Security and Data Protection Act 2018 (GDPR)
• Treating our customers fairly
• Risk management and reporting of risk management incidents
• Regulatory compliance and prevention of financial crime
• Disaster recovery and business continuity
• Proactively contribute to the Performance Planning and Review process.
• Support Bank wide Forums as required or identified.
• Cooperate with and help colleagues across our business, performing other reasonable tasks as may be required from time to time.

Cynergy Bank was established in 2018 by entrepreneurs to serve the needs of business owners, property entrepreneurs and family businesses. We have a strong track record supporting businesses that want to scale up and provide over £3bn lending to scaling businesses across the UK, we also offer retail deposits to UK savers. Our vision is to provide a truly personalised service that is delivered through face-to-face relationships and enhanced by the latest technology.

Expected salary

Location

London

Job date

Fri, 28 Mar 2025 01:12:12 GMT

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