Chief Information Security Office-Strategy, Programs & GRC AVP

Introduction:

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Overview:

This incumbent will provide Strategy, Programs, Governance, Risk and Compliance functions as required to fulfill BOCNY information security program requirements. This incumbent will provide Strategy Coordination, CISO Projects Management, Training & Culture, Metrics & Reporting, Governance, Risk Assessments, Compliance, Data Privacy and Identity functions as detailed below.

Responsibilities:

• Coordinate Information Security strategy in alignment with the BOCNY branch strategy.
• Maintain strategic initiatives tracking and associated KRIs to track progress and execution of the objectives.
• Conduct quarterly strategy reviews with the CISO team to ensure alignment and momentum continue. Adjust strategy as necessary.
• Provide end-to-end project management function for all CISO led projects.

• Manage all CISO programs, including but not limited to: Information Security Program, Data Privacy Program, and Training & Culture Program including Security Training, Phishing Campaigns, and Tabletop Exercises.

• Establish and maintain Information Security policies and procedures.
• Ensure CISO roles and responsibilities are clearly delineated and documented to ensure efficiency, create synergies and ensure TISR is being properly managed across first and second lines.
• Periodically refresh and update TISR controls guidance in relevant policies and supporting procedures with detailed implementation guidance.
• Develop, monitor, and track CISO policy adherence measures and metrics.
• Provide all administrative functions for the Information Security Committee and all its sub-committees.

• Establish and enhance a TISR framework that consists of the appropriate components to effectively manage TISR.
• Conduct risk assessments of TISR for Projects, Third-Party, New Activities and Applications.
• Develop and execute an TISR annual work plan of risk identification, assessment, and control evaluation and testing activities.
• Review and contribute to the development and maintenance of the taxonomy for Risk, Process and Controls for TISR domains.
• Catalog and oversee remediation of TISR issues include those arising from Audit and Regulatory exams, ITRM deep dives, root cause analyses and control testing.
• Track observed control gaps and root causes and annually refresh CISO policy and procedures to reflect new and enhanced controls.

• Prepare and submit Audit Requests for evidence.
• Anticipate audit requests and prepare comprehensive approach to for CISO policy and standards and associated implementation.
• Prepare response evidence for IT/IS related regulatory exams.
• Recommend changes to policy, process or procedures to align with OCC and other federal guidelines and regulations.
• Evaluate and provide evidence of compliance for BOCNY Branch.
• Liaison with LCD/RAO/IAD to ensure collaboration and partnership so that CISO can meet regulatory IT/IS requirements.

• Develop and implement strategies to ensure compliance with relevant privacy laws and regulations.
• Stay up-to-date with changes in data privacy legislation and industry best practices.
• Assist in the development and maintenance of privacy policies, standards and procedures.
• Provide oversight and monitoring of privacy risk assessments by the FLUs.
• Ensure all relevant processes reflect privacy requirements and comply with laws and regulations.
• Plan and implement privacy training programs and communications.
• Identify and assess privacy risks within the organization.

• Manage all metrics and reporting for CISO, including: Operational, Executive & Board, Budget & Headcount, Dashboards.

• Establish and periodically update policies, procedures, and guidelines related to access recertification, incorporating industry best practices.
• Manage the end-to-end process of user access reviews, including planning, execution, tracking, and resolution of identified issues.
• Conduct periodic User Recertification & Access Reviews throughout all BOC applications to ensure consistency and accuracy.
• Collaborate with cross-functional teams, including IT, OSD, and business units, to align access governance with broader organizational goals.
• Conduct periodic assessments of user access governance processes, identifying opportunities for improvement and implementing necessary enhancements.

Qualifications:

• Bachelor’s Degree in Business, Risk, Data, Computer Science, Management Information Systems, Engineering, Mathematics, or related field
• Minimum 5 years of work experience in Risk Management, Audit, IT/IS Operations, or other relevant functions
• Minimum 3 years of experience in developing and executing IT/IS Risk programs, projects, and policies
• Minimum 1 year of experience working with US Banking Regulations, financial industry standards, and industry standard IT/IS Risk Frameworks
• Strong program, frameworks, project management development, implementation, and maintenance skills
• Strong writing skills, especially in the context of governing documents, such as policies and standards
• Strong verbal and interpersonal skills when working with a diverse group of stakeholders that can include senior management, business staff, and technical staff
• Creative problem-solving skills
• Strong organizational understanding and ability to navigate complex organizations
• Results oriented and metrics driven
• Understanding of financial services business and related processes and IT/IS risks and how to mitigate with well-designed, commercially sound controls
• Operational and IT/IS risk assessment and management skills in first, second, and/or third line capacity
• Sound and practical IT/IS risk management and program knowledge
• Financial / banking industry, business line, and product knowledge
• Familiarity with IT/IS Risk Management regulations, standards, and frameworks including NIST, ISO27002, FFIEC Guidelines, etc.
• Risk identification and assessments of different types that are commensurate with the size and complexity of the financial institution
• IT/IS risk management and audit principles and industry standard practices
• CISSP/CRISC/ or IT related certifications preferred

Pay Range

• USD $65,000.00 - USD $150,000.00 /Yr.