Review and ensure the India information security policies are aligned with group policies and practices.
Review and provide recommendations to India policies, standards, guidelines/ processes concerning RBI (Reserve Bank of India) regulatory requirements
Coordinate with business units to define SLA for India
Formulate the security strategy and roadmap for India
Information Security
Identify and ensure compliance to unique security requirements for RBI (Reserve Bank of India) related to RBI cyber security framework and RBI Guidelines on Information security.
Establish contacts with RBI (Reserve Bank of India) regulators to receive security updates, circulars
Coordinate for the group for various regulatory security audits at the Singapore location.
Monitor and track all India open issues with IT and concerned international SPOCS
Assist the GSO office and BU in attaining information security compliance objectives.
Identify issues that could impact the bank and escalate any serious issues/ breaches/ violations; develop/monitor action plans for its closure in liaison with local, and overseas branches, and business groups.
With the support of the Head office GSO team, perform risk assessments for locally implemented IT solutions and track open issues to closure
Instigate and maintain contact with RBI Regulatory Authorities, Regulatory compliance department, and ensure good & healthy working relationships.
Review new regulatory legislations; promptly communicate all regulatory notices/circulars to all concerned areas, provide interpretations if necessary; develop/monitor action plans towards its implementation.
Assist Head office during Regulatory Examinations; ensure implementation/regularization of observations linked to compliance while meeting the deadline(s).
Respond to queries that are sought by local Regulatory Authorities / Law Enforcement Agencies Head Office & Overseas branches, in a timely manner with complete and accurate information.
Job Context
Security Compliance requirements at the India location.
Highlight security status & concerns to management.
Consult with IT and information security staff to ensure that an implementation plan is established.
Actively participate and contribute to GSO initiatives
Track open Audit issues on information security to closure
Risk assessments for local implementations
Inform HO of any new 3rd party technology vendor for vendor assessment