Technology Risk & Resilience Manager (Second Line)

We're looking for an experienced Technology Risk & Resilience Manager to join our second line risk in London, United Kingdom or Dublin, Ireland. In this pivotal role, you will:

• Provide independent second line oversight and credible challenge of Technology Risk (Information Technology and Information Security) within the firm, ensuring effective integration of technology risk into the overarching second line Risk Management Framework, including alignment with DORA, third-party risk, and service resilience expectations.
• The role will not own or operate technology risk controls, but will assess, challenge, and provide assurance over how technology risks are identified, managed, and reported by the first line.

Key Roles & Responsibilities

Second Line Oversight & Framework Integration

• Define and embed Technology Risk (IT & Information Security) appropriately within the Operational Risk Taxonomy and Framework, ensuring clear, documented delineation of 1LOD vs 2LOD accountability in line with company’s governance models.
• Provide independent 2LOD oversight of the Technology Risk Management Framework, assessing its alignment and interdependency with first-line control frameworks (e.g. Third-Party Risk Management, IT Controls, Cybersecurity, etc.) and ensuring coherence with second line Operational Risk and Resilience frameworks.
• Support the maturation of a consistent service-based view of technology risk by challenging 1LOD mapping of applications, infrastructure and third-party ICT services to internal and client-facing business services.

Risk Identification, Assessment & Challenge

• Review and challenge first line identification and assessment of technology risks, including (i) application risk (ii) infrastructure dependencies (iii) information security risks and (iv) third-party technology dependencies, ensuring consistency with the company’s risk taxonomy and regulatory expectations.
• Assess the quality, completeness, and consistency of Technology Risk Registers, control inventories, incident remediation activities and impact analysis.
• Provide credible 2LOD challenge where risk assessments, severity ratings, or residual risk conclusions are not sufficiently supported.

Operational Resilience

• Support integration of technology risk into the firm’s Operational Risk & Resilience frameworks, including regulatory/jurisdictional aligned frameworks including:

i) mapping of technology dependencies to important business services

ii) assessment of ICT/technology-related incidents and materiality thresholds

iii) align on incident classification and escalation decisions with reporting standards ensuring impacts both technically and operationally are appropriately assessed and captured on associated incident reporting portals.

• Provide second line review and challenge of technology related incidents, including severity, client impact, and regulatory reporting considerations.
• Contribute and support with resilience testing and scenario analysis from a technology dependency perspective.

Third Party & Technology Dependency Risk

• Provide 2LOD oversight of technology-related third-party risks, ensuring:

i) appropriate risk identification where services rely on externally procured applications or infrastructure

ii) alignment between Technology Risk and Third-Party Risk Management outcomes

• Review dependency and concentration risk associated with critical technology vendors.

Change & Control Environment Oversight

• Provide oversight and challenge of technology-related change activities, including:

i) IT BAU change, including change risk assessments and post-implementation validations

ii) technology elements of business change

iii) changes impacting critical services or client-facing platforms

• Conduct thematic reviews of incidents, audit findings, or control weaknesses, and assess whether these indicate systemic risk or control gaps.

Governance & Reporting

• Draft and peer review committee papers and support where required the delivery of periodic reporting to management and governance forums.
• Deliver on annual requirement to report and present the second line technology framework (i.e. annual DORA attestation) as well as contribute risk reporting on technology risk themes for senior management and risk committees.
• Translate technical risk information into clear, business-relevant risk insights for non-technical stakeholders.
• Support the Head of Risk in setting, monitoring, and challenging technology-related risk appetite. Stakeholder Engagement & Collaboration:
• Partner with senior first line leaders and control functions to embed risk and resilience principles in business planning and oversee and support the development of technology risk reporting. ·
• Candidate should be comfortable facing challenges from CISO/CIO/CTO levels in addition to demonstrated ability to manage relationships within a parent company structure involving cross-collaboration within Risk, such as Enterprise, Data, Operational Risk & Resilience.