Job Summary:
We are working with the securities entity of a major international banking group, who are seeking a highly skilled and motivated IT Regulatory Specialist to join their office in the Hamburg area. The successful candidate will be responsible for ensuring that IT operations comply with financial services regulations, particularly focusing on DORA, MaRisk, and BAIT. This role demands excellent communication skills for coordinating with various departments and a strong affinity for IT topics.
Responsibilities:
- Regulatory Compliance: Ensure compliance with DORA (Digital Operational Resilience Act), MaRisk (Minimum Requirements for Risk Management), and BAIT (Banking Supervisory Requirements for IT). Monitor and implement regulatory changes and updates.
- Coordination and Communication: Act as a liaison between IT, legal, risk management, and other departments to facilitate compliance and ensure alignment with regulatory requirements. Prepare and deliver clear, concise reports and presentations to stakeholders.
- Risk Management: Identify, assess, and mitigate IT-related risks in accordance with regulatory standards. Develop and maintain risk management frameworks and processes.
- Policy Development: Draft, update, and maintain IT policies and procedures to ensure regulatory compliance. Work closely with internal audit and compliance teams to conduct regular reviews and updates.
- Training and Awareness: Develop and deliver training programs to raise awareness of IT regulatory requirements among staff. Ensure all relevant personnel are informed and educated on regulatory changes and compliance practices.
- Incident Management: Oversee and manage IT incidents and breaches in line with regulatory requirements. Ensure timely reporting and resolution, including root cause analysis and preventive measures.
As Internal Audit AVP, you should have:
- Educational Background: Bachelor's degree in Information Technology, Computer Science, Law, Finance, or a related field. Advanced degrees or certifications in regulatory compliance or IT security are a plus.
- Experience: Minimum of 3-5 years of experience in IT regulatory compliance within the financial services sector. Proven experience with DORA, MaRisk, and BAIT regulations is essential.
- Technical Skills: Strong understanding of IT systems, networks, and security measures. Familiarity with regulatory compliance software and tools is an advantage.
- Communication Skills: Excellent written and verbal communication skills in German and English. Ability to convey complex regulatory and IT concepts to non-technical stakeholders clearly and effectively.
- Analytical Skills: Strong analytical and problem-solving abilities. Ability to assess regulatory impact on IT processes and systems and propose compliant solutions.
- Interpersonal Skills: Strong interpersonal skills with the ability to work collaboratively across departments. Demonstrated ability to influence and drive change in a matrix organization.
Company Summary:
This role offers a unique opportunity to make a significant impact on the regulatory practices of a major banking group in the Hamburg area. You will work alongside talented professionals and have exposure to diverse challenges within a stimulating and supportive environment.
To apply for the IT Regulatory Specialist role, please contact Tom Flint, Specialist Recruitment Consultant at Selby Jennings, with your CV directly.
We are looking forward to hearing from you soon!
