Cyber Defence Risk Lead

Eveleigh, NSW - 1 Locomotive Street, Australia

Commonwealth Bank

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Cyber Defence Risk Lead

Are you an experienced Cyber Defence specialist with a deep understanding of the intricacies of cybersecurity operations? We are looking for someone who excels in grasping the subtleties of cyber risk management, especially in the areas of offensive and defensive functions. If you have a background as a Security Engineer, Threat Analyst, or Incident Responder, but would rather utilise your expertise to guide technical teams than engage in hands-on analysis or incident response, this role is ideal for you.

See yourself in our team:

The Technology and Operations (Tech & Ops) Risk team is responsible for providing specialist Operational Risk and Compliance (OR&C) advice and assurance of decisions made across the Technology, Chief Operating Office, and Business Unit divisions.

Do work that matters:

The purpose of this role is to serve as a leader within the Cyber Risk team in the Tech & Ops Risk division, supporting the Group Security function. You will collaborate with the Executive Manager Cyber Defence Risk to provide independent Line 2 advice and assurance regarding the implementation of the Risk Management Approach and the Operational Risk and Compliance Management Framework. Additionally, you will play an active role in enhancing risk capabilities across the Cyber Security functions.

Key responsibilities for this role include:

Technical:

  • Collaborate with and provide SME risk management advice to crews aligned to cyber domains that mainly cover: Security Engineering, Vulnerability Assessment, Cyber Attack (Penetration testing, Red Teaming etc.) and Cyber Defence.

  • Working as part of a team of professional SMEs to provide independent, pragmatic and value adding Operational Risk advice and assurance for technology and cyber risks across the Group.

  • Supporting the Executive Manager through monitoring and reporting on the three lines of accountability (3LoA) activities, including the Risk Management Approach, the Operational Risk Management Framework, and the Compliance Management Framework in support of CPS 220. This also involves overseeing key security risks, controls, issues, and incidents, as well as risks related to change and licensing obligations, while managing risk acceptance through data-driven BAU monitoring activities as well as periodic assurance reviews

  • Contributing to the oversight and monitoring of key technology and cyber risks, controls, issues, incidents, and risk-in-change.

  • Supporting the appropriate identification, escalation and reporting of all related technology and cyber risk and compliance matters to the relevant stakeholders, including the relevant NFRCs, your EM/GM and to the Technology and Operations CRO.

Leadership:

  • Work as part of a cross-skilled team that can support a range of inter-connected risk domains, speaking up and contributing to appropriate Line 2 oversight and challenge.

  • Provide ideas for Line 2 risk management and assurance activities, data analytics and stakeholder reporting; contribute to a culture of learning and collaboration.

  • Role model behaviours that are consistent with CBA values expectations and leadership principles; provide a safe workplace for all team members, customers and visitors.

  • Develop and maintain partnerships with stakeholders; become a trusted advisor using commercial acumen, practical recommendations; and assist the business to understand where prioritised focus on key risks and compliance matters is required.

We’re interested in hearing from people who have:

  • Extensive experience required in cyber security with sound knowledge of applicable industry standards, frameworks and regulations (e.g. OWASP, MITRE ATT&CK and D3FEND, CPS234, NIST etc.).

  • Preference for a recognised information security certification (e.g.  CISSP, CISM, SABSA, OCSP etc.).

  • Sufficient technical acumen to engage with the cyber teams and have meaningful conversations about risk requirements or prioritisation. For instance, you are able to take a penetration test report and clearly articulate what remediation activities should be prioritised when considering business risk.

  • Background in Operational Risk and Compliance with technology and cyber risk management specialties within the Financial Services industry highly regarded.

  • High quality written and verbal communication skills, report writing, evidence gathering and data analysis capabilities.

  • Stakeholder and influencing skills with the ability to proactively engage Line 1 teams and engender trust with pragmatic, commercially balanced risk advice.

  • A curious and humble mindset, understanding of external trends and changes, interest in continuous learning, to build risk management best practice.

Your Career:

If you live the values and demonstrate the people capabilities we can offer great opportunities. Whether you want to move across the organisation or up into a leadership role, the way you live the values and demonstrate the people capabilities are key. Use the capabilities required for this role as a guide to the critical skills and behaviours you need for your next move.

We support our people with the flexibility to balance where work is done with at least half their time each month connecting in office. We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work in the role you’re interested in.

If this sounds like the role for you then we would love to hear from you. Apply today!

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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Advertising End Date: 07/02/2025
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* Salary range is an estimate based on our InfoSec / Cybersecurity Salary Index 💰

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Tags: Analytics C CISM CISSP Compliance Data Analytics Incident response MITRE ATT&CK Monitoring NIST OWASP Pentesting Red team Risk management RMF

Perks/benefits: Equity / stock options Flex hours

Region: Asia/Pacific
Country: Australia

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