Risk Management

Job purpose

• Overseeing information security, cybersecurity and IT risk management programs based on industry-accepted information security and risk management frameworks.
• Responsible for the organization’s data privacy and protection function to ensure compliance with various regulations and best practices.

2. Primary Duties Performed

• Develop and maintain the cybersecurity Risk Management Framework of the organization for addressing the overall approach for handling cybersecurity risks and managing them in a methodological manner.

• Evaluate employees’ information security awareness and provide the necessary training whenever is needed.

• Conduct frequent reviews on Vulnerability Assessment and Penetration Testing (VAPT) and manage vulnerabilities.

• Define the necessary controls to ensure all regulatory requirements related to cybersecurity are met, designed effectively with clear documentation.

• Identify the critical assets of the organization and ensure implementation of risk identification and management strategies for these critical assets.
• To assess technology projects to ensure that cybersecurity is adequately addressed.
• Responsible to identifying and managing cybersecurity risk for all third-party technology engagements and all cloud computing engagements.
• Evaluates and recommends cybersecurity technologies and solutions.
• Review cybersecurity & Risk Management manual and recommend necessary updates.
• Act as Data Protection Officer to identify and evaluate the Company’s data processing activities.
• Monitor data management procedures and compliance within the Company.
• Assess Company compliance with Data Protection Private Law.
• Provide advice and arrange training to employees on Data Protection.
• Review and recommend updates on Data Protection Manual.
• Serve as the point of contact between the company and the data protection authorities.
• Performs other related duties assigned by the department head.

3. Secondary Duties Performed

• Assist in implementing risk management framework, policies and programs covering business, financial, operational, technological, and regulatory risks.
• Assist in the development and management of controls and business contingency plans.
• Maintain and update organizational risk register.
• Oversee the regular validation and testing of the Company Business Continuity Plan.
• Review Risk Management manual and recommend necessary updates.

4. Work & Business Contacts

Internal

• Management team and staff.

External

• Regulatory Bodies: Central Bank of Bahrain and Personal Data Protection Authority.
• Law Firms and Legal Advisors.
• Internal and External Auditors.
• VAPT vendors.

Division / Department: Risk Management

Incumbent Reports to: Manager – Risk & Project Management