19 days old

Assistant Vice President, Security and Compliance - Treasury Services

Federal Reserve Bank (FRB)
Richmond, VA 23219
  • Job Code

Assistant Vice President, Security and Compliance
Treasury Services Division
Requisition # 262561

The mission of the Federal Reserve System is to foster the stability, integrity, and efficiency of the nation's monetary, financial, and payments systems to promote optimal economic performance. Within this broad context the vital mission of the National IT Services is to deliver superior value to our customers through world-class IT services and solutions that are responsive to business needs, adaptive to change, and essential to the mission of the Federal Reserve System.

Position Summary:
The Assistant Vice President (AVP) in charge of the Treasury Services Division (TSD) Controls and Compliance(C&C) and Security Operations (SecOps) functions is responsible for providing leadership and direction to the TSD Controls & Compliance and Security Operations Teams. This role is responsible for ongoing planning and close partnership with Treasury Services Division Strategy and Planning team, specifically, working in close coordination with Security Architecture as well as the overall Plan function to understand, plan, and react to evolving and changing capabilities across the Compliance and Security Operations landscape. This role will also establish and maintain strong partnerships with key stakeholders, as required. This role will lead, oversee, and ensure the overall compliance, and operational security and resiliency across all TSD supported environments, including On-Prem and Cloud deployed systems.

The AVP C&C/SecOps will ensure that the teams they are leading have clear direction, the ability to meet their charged deliverables and assignments, and establish and maintain strong working relationships and partnerships across their teams and across their stakeholder and co-provider communities.

The AVP will oversee and assure the effective and efficient execution of all compliance and controls assessments and remediation oversight, and have responsibility for the successful remediation efforts and ongoing security operations as provided by TSD SecOps and Third-party providers and integrators. This role will be highly responsive to the current and emerging threat environment, while being sensitive to evolving business needs. This role will understand and operate against the impact and tradeoffs of compliance and control activities and the impact of remediation to security operations, using a balanced risk management approach.

Principal Duties and Responsibilities:

  • Develop, maintain and interpret Security Policy, Standards, Processes and Life Cycle documents, providing a comprehensive set of policies, controls, and operating methods and processes required to effectively manage security and risk for U.S. Treasury Systems supported by the Federal Reserve in the role of Fiscal Agent.

  • Provide direction to 'maintain', and update when needed, Trust Model relationships with Board of Governors and Treasury. Provide information security consulting services to IS stakeholders in support of Treasury Systems.

  • Administer TSD Compliance & Controls and Security Operations objectives. Provide support to IS practitioners as they manage IS risk and operations activities, security related program enhancements, and subsequent execution of results. Serve as focal point for enterprise inherited control management and coordination for FRS and Treasury associated Systems.

  • Collaborate with the TRSO to ensure the verified participation and successful completion of Information Security (IS) Training and Awareness Program(s) that will encourage responsible behavior, to include new employee, annual Security Matters, SAFR Certification and other required security related training.

  • Provide leadership and support to the staff that manage and operate the risk management automation tool(s) and continual development and maintenance of Compliance & Controls automated processes and reporting.

  • Provide leadership and support for the staff that manages all aspects of operational security across all U.S. Treasury Systems supported by the Federal Reserve System. Drive continual improvement in tool(s) and methods to improve ongoing operational security capabilities.

  • Oversee and direct C&C team to provide security control assessment prioritization and enterprise authorization oversight in collaboration with the NIRT, the designated Security Controls Assessment (SCA) providers, and other stakeholder organizations, as required.

  • Benchmark the Treasury Service Division IS program, policies, and practices against those of other similar institutions, maintain an up-to-date understanding of industry best practices, and monitor the legal and regulatory environment for developments that could require changes to established policies, priorities, or investments.

Posted: 2020-01-08 Expires: 2020-02-06
Sponsored by:
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Sponsored by:
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Assistant Vice President, Security and Compliance - Treasury Services

Federal Reserve Bank (FRB)
Richmond, VA 23219

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