Cybersecurity Risk Management Specialist

Cybersecurity Risk Management Specialist

Position Overview

We are seeking a Cybersecurity Risk Management Specialist to identify, assess, quantify, and manage enterprise cybersecurity risks through comprehensive risk management programs, advanced risk assessment methodologies, and strategic communication with executive leadership and board of directors.

Key Responsibilities

Risk Identification & Assessment

• Conduct comprehensive enterprise-wide cybersecurity risk assessments across all business functions and technology assets

• Identify and catalog cyber threats, vulnerabilities, and risk scenarios using structured methodologies

• Perform quantitative and qualitative risk analysis using industry-standard frameworks (FAIR, NIST, ISO 31000)

• Assess business impact and likelihood of cybersecurity incidents on organizational operations

• Develop risk scenarios and threat modeling for emerging technologies and business initiatives

Risk Quantification & Analysis

• Implement quantitative risk analysis methodologies including Monte Carlo simulations and statistical modeling

• Calculate potential financial impact of cybersecurity incidents including operational losses, regulatory fines, and reputational damage

• Develop risk metrics, KPIs, and risk appetite statements aligned with business objectives

• Create risk heat maps, dashboards, and visualization tools for risk communication

• Perform cost-benefit analysis for cybersecurity investments and risk mitigation strategies

Risk Treatment & Mitigation

• Develop comprehensive risk treatment plans including mitigation, acceptance, transfer, and avoidance strategies

• Coordinate with technical teams to implement risk mitigation controls and validate effectiveness

• Manage cybersecurity insurance programs and evaluate coverage adequacy

• Establish risk monitoring and early warning systems for critical risk indicators

• Track risk mitigation progress and measure residual risk levels

Executive Communication & Reporting

• Prepare executive-level risk reports and presentations for C-suite and board of directors

• Translate technical cybersecurity risks into business language and financial impact terms

• Facilitate risk committee meetings and provide strategic risk advisory services

• Develop risk communication strategies for various stakeholder audiences

• Support crisis communication and incident impact assessment during security events

Required Qualifications

Technical Skills

• 6+ years experience in cybersecurity risk management or enterprise risk management roles

• Expert knowledge of risk assessment methodologies (FAIR, NIST RMF, ISO 27005, OCTAVE)

• Strong experience with quantitative risk analysis tools and statistical modeling techniques

• Proficiency in risk management platforms (GRC tools, risk registers, dashboard creation)

• Understanding of cybersecurity frameworks, threat landscapes, and attack methodologies

• Knowledge of business continuity, disaster recovery, and crisis management principles

Business Skills

• Proven ability to quantify cybersecurity risks in financial terms and business impact metrics

• Experience communicating complex risk concepts to non-technical executives and board members

• Strong understanding of regulatory risk, compliance requirements, and legal implications

• Knowledge of insurance markets, risk transfer mechanisms, and contractual risk allocation

Preferred Qualifications

• Bachelor's degree in Risk Management, Business Administration, Finance, or related field

• Professional certifications (CRISC, CISA, CISSP, FRM, PRM)

• Experience with cyber insurance claims and actuarial risk modeling

• Background in financial services, consulting, or highly regulated industries

• Advanced degree (MBA, MS Risk Management) preferred