(542) IT Risk Analyst (Cyber)-RSD

Brief description

To increase the cyber resilience of the financial sector by leading the liaison of managing projects related to advanced assessments through Regulatory-led Threat Intelligence-based Ethical Red Teaming (TIBER) led by external consultants.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• To plan, coordinate and liaise regarding regulatory-led intelligence-based CIS (cyber and information security) penetration testing assessments (advanced simulated cyber-attacks) across the sector i.e. Banks, Insurance, and Market Infrastructures.
• To develop project methodologies for the use of external consultants to perform these advanced simulated cyber-attacks on the financial sector. 
• To develop and maintain regulatory-led Threat intelligence-based ethical red-teaming (TIBER) frameworks/methodologies/standards and guidelines to test the resilience of the financial sector.
• To develop effective threat intelligence through various sources as well as to plan and prioritise cyber requirements across the industry.
• To collate and interpret the results of assessments and provide reporting on cyber threat landscape and status.
• To effectively engage with the industry regarding cyber resilience through available channels.
• To liaise and work closely with internal and external teams to achieve objectives. 
• Create and maintain relationships with key stakeholders within the SARB and across the industry.
• Stay abreast of theoretical and applied developments and changes in the field of information security risk management and analyse the implications to the industry.

To be considered for this position, candidates must have:

• A minimum of a Postgraduate Degree (NQF 8) in Information Technology/ Security. 
• A Security Certification, one or more of the following (CEH, CISM, CISSP) would be an advantage.
• A minimum of 5-8 years of experience in an Information Technology environment of which 4 years within a Cyber and Information Security environment.
• Experience in the banking sector or financial sector will be an advantage.

Additional requirements include:

•           Exposure to cyber risk frameworks 

•           Relevant Legislation

•           Cyber Risk Trends

•           Leading Cyber / information security/ cyber best practice

•           Cyber / Information security governance

Job-related skills and attributes:

•           Critical thinking 

•           Problem solving 

•           Analysis

•           Planning and organising

•           Verbal and written communication.

•           Impact & influence 

•           Learning focus

 

In line with the SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. People with disabilities are welcome to apply.

 

The SARB offers remuneration and benefits commensurate with the level of the position and in line with the market. The level at which the successful applicant will be appointed will depend on his/her competence and experience.

About SARB

 

Primary mandate of the SARB

 

Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:

The primary object of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic.

The South African Reserve Bank, in support of its primary objective, must perform its functions independently and without fear, favour or prejudice.

 

WHAT WE DO

 

Monetary Policy

 

The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.

 

Financial Stability

 

The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.

 

Prudential Regulation

 

The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.

 

Financial Markets

 

Open market operations are the main tool we use to implement monetary policy. We manage South Africa’s gold and foreign exchange reserves.

 

Financial Surveillance

 

The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.

 

Payments and Settlements

 

The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.

 

Statistics

 

The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.

 

Research

 

Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance. Our research supports policy decision-making.

Banknotes and Coin

 

The SARB has the sole right to make, issue and destroy banknotes and coin in South Africa.