The role is responsible for managing and overseeing the organization’s information security risk management framework. This role ensures that security risks are identified, assessed, mitigated, and reported in alignment with regulatory requirements, business objectives, and industry best practices. He/she also supports incident management, policy development, and compliance initiatives to strengthen the organization’s security posture.

Responsibilities

• Effectively communicate cybersecurity risks and posture to senior management.
• Develop security risk profiles of computer systems by assessing threats to, and vulnerabilities of, those systems.
• Develop risk mitigation strategies to effectively manage risk in accordance with organizational risk appetite.
• Develop specific cybersecurity countermeasures and risk mitigation strategies.
• Develop statements of preliminary or residual cybersecurity risks for system operation.
• Ensure that decisions relating to cybersecurity are based on sound risk management principles.
• Perform risk analysis whenever an application or system undergoes a major change.
• Provide input to the risk management framework and related documentation.
• Ensure cybersecurity risks are identified and managed appropriately through the organization's risk governance process.
• Carry out a cybersecurity risk assessment.
• Work with others to implement and maintain a cybersecurity risk management program.
• Identify and assign individuals to specific roles associated with the execution of the Risk Management Framework.
• Establish a risk management strategy for the organization that includes a determination of risk tolerance.
• Conduct an initial risk assessment of stakeholder assets and update the risk assessment on an ongoing basis.
• Work with organizational officials to ensure continuous monitoring tool data provides situation awareness of risk levels.
• Use continuous monitoring tools to assess risk on an ongoing basis.
• Develop methods to effectively monitor and measure risk, compliance and assurance efforts.
• Determine and document supply chain risks for critical system elements, where they exist.
• Perform any other duties assigned to by line manager related to the nature of the work
• Enforce, incorporate, and comply with all necessary controls and related information security policies, procedures, practices, training, reporting, personal due diligence and vigilance, within departmental/unit activities and operations.