(1830) Associate IT Risk Analyst

The successful candidate will support a team of analysts and senior analysts responsible for, among others, the following key performance areas:

Supervision

• Participating in supervisory reviews and practices (desktop and prudential meetings) in relation to information technology risk in PA-regulated insurers as well as support colleagues with PA-regulated banks and market infrastructures, including inspecting risk appetite and management practices with respect to information technology and information technology risk.
• Determine whether financial entities have established appropriate information technology frameworks, policies, and processes that address areas such as information technology governance, system development, project management, architecture, etc., and have made investments in information technology commensurate with the size and complexity of the operations.
• Ensuring regulated entities’ compliance with regulations governing information technology risk.
• Support other risk teams, including the Operational Risk, Credit Risk, and Market Risk divisions with supervisory duties with regard to IT-related elements.
• Research and develop regulations and methods to analyse and interpret information technology risk-based information.
• Monitoring regulated entities’ exposure to information technology risk, as reported to the PA under the various operational risk approaches.
• Providing technical information technology risk specialist support and guidance (SME).
• Assist with the development, analysis and interpretation of information technology / information technology risk assessments, surveys, and questionnaires.
• Staying abreast of international best practice and developments surrounding information technology risk matters to benchmark and implement locally.