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Head of Cyber Risk, Operational Risk, Dublin

Date: 20-Nov-2020

Location: Dublin, IE

Company: Allied Irish Bank

Role Title: Head of Cyber Risk, Operational Risk


Location: 2 Burlington Road, Dublin 4 / Remote Working Available


This role is being offered on a permanent basis.


Cyber Risk Management plays a critical role in helping to ensure the Bank’s risk taking IT and business units are aware of the risks inherent in their activities and decisions, the impact of their actions at an enterprise level, and the processes and practices to reduce, mitigate, or avoid the risks. We are now seeking a Head of Cyber Risk to join our Operational Risk team with significant technical expertise and experience in designing and implementing cyber risk policies and 2nd Line oversight processes. This person will display the skill, energy and enthusiasm required to play a leading role in the framing and implementation of an appropriate cyber risk framework across our business.


The Head of Cyber Risk is a new senior role within Operational Risk, reporting to the Head of Operational Risk – IT, Continuity & Change, and the role-holder will engage with business and IT teams across the organisation to analyse a diverse array of new technology-related products and initiatives (e.g. mobile and web applications, internal and external APIs, major cybersecurity tools and programs), as well as corporate development activities, leading second line guidance, oversight and monitoring on cyber risk management policies, guidelines and best practices.  They person will have responsibility for monitoring the profile for Cyber Risk across the organisation, and providing timely and relevant reporting to Senior Management, ExCo, BRC and the AIB Board.


We’re looking for someone who:

  • Provides thought leadership, guidance, subject matter expertise, oversight, monitoring and independent challenge of the first line of defence, supporting areas in implementing effective cyber risk management best practices, to ensure that responsibilities are carried out effectively.
  • Will maintain highly effective and influential strategic partnerships with senior stakeholders to ensure that the Operational Risk environment and Risk Culture for the group is improving, and influence senior stakeholders to identify, measure and monitor existing and emerging cyber risks, anticipating future trends and implications on the risk profile.
  • Will design, own and drive the embedding of the Group Cyber Risk policy approach and practices, formulating a clear strategy and supporting the organisation achievement of the strategic goals; ensure that the Group’s second line frameworks and policies in relation to Cyber risk is in line with latest best practice, setting priorities and frameworks to drive the formulation of policies and quality standards.
  • Will design and drive the implementation of processes to monitor the effectiveness of the cyber security control environment, using strong influence and persuasion with Senior Leaders to deliver on the Operational Risk objectives, and proactively monitor the control environment and identify and address potential weaknesses and/or gaps in a timely manner.
  • Will opine on the effectiveness of the control environment and reporting regularly to the senior Management, ExCo, Group Risk Committee, Board Risk Committee and Board on the Group’s Cyber risk profile.
  • Actively contribute to and participate in the development and implementation of the overall strategic direction of Operational Risk and deputising for the Head of Operational Risk – IT, Continuity & Change when required.
  • Will stay abreast of industry trends and regulatory developments/guidance issued continuously across ROI, UK, US and Europe for Cyber, Information Security and IT, and engage with Regulatory Bodies, as required, in all relevant jurisdictions, continually assessing the external environment, providing insight into and formulate resolutions/policies to existing and emerging risks.


Who are we?

We’re AIB. A strong Irish bank packed with purpose - to back our customers to achieve their dreams and ambitions. That goes for our employees too. We’re made of small teams where you have the chance to shine.


Why join us?

We are excited about how we have changed our focus. We want to be at the heart of our customers’ financial lives by giving them an exceptional experience. We are building a culture that breaks the conventions of what our customers and employees expect of a bank.


Does this sound like something that you want to be part of?


You will need to show us that you have:

  • Relevant professional qualifications candidates (ideally CISSP / CISA / CISM / CRISC).
  • Experience as a leader and a proven cyber risk/security specialist, with knowledge of cyber security risk assessment and controls management, including an understanding of industry frameworks such as NIST, ISF, and ISO27001, and knowledge and experience of Cyber Security Advisory, Forensics and Network/Application security assessments.
  • Strong understanding and demonstrable experience of financial services industry products and regulations at a senior level.
  • Experience of Compliance, Risk Management or Audit in a Banking environment and associated risks, clear understanding and knowledge of control and risk management methodologies.
  • Experience as manager with responsibility for managing and motivating highly effective teams.
  • A minimum of ten years’ experience in a financial services risk management environment.


Please note: The Minimum Education requirements for entry to AIB is 5 passes in the Leaving Certificate (or equivalent), to include a pass in English and Maths. These must be achieved at either Ordinary or Honours Level. Confirmation of this will be sought if successful for the role.


If you feel you have what it takes, Click Apply and fill in the online application form. If you would like more information Donal O'Sullivan from the Talent Acquisition Team can help. You can contact them on 087-3328638 or email


By when?  Closing date is Friday 4th December

Job Segment: Risk Management, Law, Bank, Banking, Cyber Security, Finance, Legal, Security