Federal Reserve Bank - San Francisco, CA

posted 5 months ago

Part-time,Full-time - Senior
San Francisco, CA
Monetary Authorities-Central Bank

About the position

The Senior IT Risk Specialist - Governance and Controls position at the Federal Reserve Bank of San Francisco is a pivotal role within the Supervision + Credit (S+C) group, which is responsible for the oversight and regulation of state member banks and other financial institutions in the Twelfth District. This role is particularly focused on the Governance and Controls (G&C) program, which is a core component of the Large Institution Supervision Coordinating Committee (LISCC) program. The LISCC program is the Federal Reserve's national supervisory initiative aimed at the largest and most systemic financial institutions, ensuring their safety and soundness, and contributing to the overall stability of the U.S. economy. As a Senior IT Risk Specialist, you will serve as a subject matter expert, leading and participating in both horizontal and firm-specific examinations. Your responsibilities will include conducting ongoing monitoring to evaluate the effectiveness of a firm's IT and cybersecurity risk management programs. You will analyze and interpret data to assess emerging IT-related risks and recommend conclusions based on your findings. This role requires a deep understanding of IT and cybersecurity risks, as well as the ability to communicate complex information effectively to various stakeholders, including examination team leads and supervised institutions. The position demands a proactive approach to identifying and managing technology-related risks, with a focus on areas such as vendor risk management, cybersecurity resilience, cloud security, and data governance. You will be expected to synthesize information from various sources, develop hypotheses, and contribute to the resolution of issues within supervised institutions. The role also involves collaboration with a diverse team of professionals dedicated to promoting an economy that works for everyone, reflecting the Federal Reserve's commitment to diversity and inclusion.

Responsibilities

  • Serve as a subject matter authority in IT risk management and cybersecurity.
  • Lead or participate in horizontal and firm-specific LISCC examinations.
  • Conduct ongoing monitoring to assess the effectiveness of IT and cybersecurity risk management programs.
  • Analyze and interpret data to estimate IT and cybersecurity risks and their potential impact on financial institutions.
  • Recommend conclusions from data analysis for examination team leads and broader audiences.
  • Develop and test hypotheses related to IT and cybersecurity risks.
  • Collaborate with team members to identify prudent practices for managing technology-related risks.

Requirements

  • Bachelor's degree in business, technology, or related fields of study.
  • Advanced degree or professional certifications in IT, IS, or internal audit (e.g., CISA, CISSP, CIA, CCSP, CRISC, CISM) are a plus.
  • Typically requires seven or more years of relevant experience in information security or technology risk management.
  • Experience or knowledge of the banking industry and IT-related supervision and regulation framework is preferred.
  • Experience evaluating technology-related risks in complex financial institutions.
  • Ability to read, interpret, and analyze supervisory ratings and enforcement records related to IT and cybersecurity risks.
  • Excellent verbal and written communication skills.

Nice-to-haves

  • Experience in vendor risk management, cybersecurity response and resilience, and cloud security.
  • Knowledge of data governance and security, endpoint and server technologies, and intrusion detection systems.
  • Familiarity with identity access management and threat vulnerability management.

Benefits

  • Medical, Dental, Vision insurance
  • Pre-tax Flexible Spending Account
  • Backup Child Care Program
  • Pre-Tax Day Care Flexible Spending Account
  • Paid Family Care Leave
  • Vacation Days
  • Sick Days
  • Paid Holidays
  • Pet Insurance
  • Matching 401(k)
  • Retirement/Pension
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