- Supervision of Regulated Entities:
- Develop and implement supervisory guidelines for IT and cyber risk.
- Analyze industry-specific data to monitor and assess IT and cyber risks.
- Lead IT and cyber risk thematic reviews, conducting professional discussions with management.
- Monitor firms' compliance with DIFC and DFSA Laws, Rules, and Regulatory Policy.
- Contribute to the assessment of applicants for new financial services licenses.
- Technical Guidance:
- Act as the IT and cyber risk Subject Matter Expert (SME).
- Provide internal advice and technical guidance.
- Monitor international and regional regulatory standards and industry developments.
- Strategy Formulation, Implementation, Planning, and Projects:
- Implement Supervision Department-wide strategy.
- Contribute to authorisation and/or supervision strategy development.
- Participate in company wide projects as required.
- People Management:
- Support professional development programs and contribute to regulatory leadership initiatives.
- Policies, Systems, Processes & Procedures:
- Contribute to continuous improvement of regulatory systems and processes.
- Implement supervision-related policies and procedures.
- Documentation and Reporting:
- Document risk assessments, thematic reviews, and important communications.
- Prepare departmental statements and reports.
- Other Responsibilities:
- Perform related duties as directed.
- Share responsibility for ongoing risk management within the first line of defense.
Qualifications, Experience, & Skills
- Educational Background:
- Degree in a relevant field.
- Postgraduate degree is advantageous.
- Evidence of continuing professional development.
- Professional Experience:
- At least 8 years of IT and cyber risk experience.
- Operational risk management and business technologies experience is beneficial.
- Knowledge, Skills & Attributes:
- Strong expertise in financial services regulation.