Information Security Specialist - Vendor Risk
Company: Federal Reserve System
Location: Newark
Posted on: March 16, 2023
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Job Description:
**Company** The Office of Employee Benefits of the Federal
Reserve System Working at the Federal Reserve Bank of New York
positions you at the center of the financial world with a unique
perspective on national and international markets and economies.
You will work in an environment with a diverse group of experienced
professionals to foster and support the safety, soundness, and
vitality of our economic and financial systems. The Bank believes
in work flexibility to balance the demands of work and life while
also connecting and collaborating with our colleagues in person.
Employees can expect to be in the office a couple of days per week
as needed for meetings and team collaboration and should live
within a commutable distance. **What we do:** The Office of
Employee Benefits (OEB) of the Federal Reserve System comprises a
staff of over 60 professionals who oversee benefits programs
throughout the Federal Reserve System. The OEB provides leadership
in formulating Federal Reserve System employee benefits plans and
assisting with the administration, implementation, communication
and education of these plans to approximately 60,000 active and
retired participants from the 12 Federal Reserve Banks and the
Board of Governors. **Your role** **as an Information** Security
Specialist - Vendor Risk: The Information Security Specialist will
be part of a team responsible for managing information security
risks with an emphasis on the assessment and monitoring of
third-party risk for the Office of Employee Benefits + Conduct
information security and data privacy assessment of vendors
(including cloud services) + Leads Incident response investigations
(Understands and interprets guiding policies, develops response
plan, and recommends mitigations). + Develop risk mitigation
strategies and advise management on how to mitigate any identified
risks. + Work with internal and external teams in conducting
security and privacy control assessments. + Ensure compliance with
Information Security and Data Privacy policies and procedures. +
Coordinate with vendor's managers to communicate, track and close
open risk items. + Manage tasks associated with the monitoring of
FRS security and data privacy programs and standards. + Collaborate
with the FRS security communities to support activities. + Develop
and maintain logical data diagrams identifying flow of information
and identify and suggest process Improvements. + Develop data and
perform analysis for risk reporting and tracking the IT risk
profiles. + Influences key stakeholders across the Bank regarding
information security policies, practices and procedures. + Provides
decision-support expertise on information and cyber security
topics, issues, and risks. + Engages with information and cyber
security leaders and peers to represent different and varied
information and cyber security subject matter as a part of
day-to-day duties. **What we are looking for:** + Understanding of
compliance, audit process and ability to adhere/manage multiple
risk controls related to third-party risk assessments and data
privacy. + Proven experience executing information or cyber
security processes. + Demonstrated experience providing
decision-support to information or cyber security leaders across
one or more information or cyber security domains. + Ability in
managing projects throughout the entire project life cycle from
problem definition, requirements definition, design, development,
testing and implementation. + Understanding of Information Security
Industry standards (i.e. NIST, COBIT, and Sarbanes Oxley) +
Knowledge in SSAE, SOC 2 and other vendor risk assessment
methodologies + Broad knowledge of information security and privacy
fundamentals + Familiarity with cloud security frameworks e.g.,
NIST CSF + Experience with incident response, mitigations and
reporting **Salary Range:** $166300 - $207900 / year **Touchstone
Behaviors** set clear expectations for leading with impact at every
stage of our careers and aspire to achieve in our continued growth
and development. **Communicate Authentically** : Empathetically
engage one another with direct and transparent dialogue and
listening. Actively discuss viewpoints with respect and compassion
in a timely and candid manner, taking into account verbal and
nonverbal cues. Ask questions, learn from each other, and share
information widely to move the Bank's work forward. **Collaborate
Inclusively** : Inspire a diverse and inclusive environment that
empowers others to contribute meaningfully. Intentionally bring a
diverse set of people together to achieve positive business
results. **Drive Progress** : Grow and adapt to changing priorities
in the Bank. Experiment with new concepts and take appropriate risk
to drive innovation. Remain curious and action oriented, navigating
through ambiguity and uncertainty to drive outcomes. **Develop
Others** : Equitably champion, mentor, and develop others to grow
professionally. Demonstrate vulnerability and empathy to create a
trusted environment. **Take Ownership** : Establish an environment
of action and excellence by holding self and others accountable to
execute to the highest standard. **Benefits:** Our organization
offers benefits that are the best fit for you at every stage of
your career: + Fully paid Pension plan and 401k with Generous Match
+ Comprehensive Insurance Plans (Medical, Dental and Vision
including Flexible Spending Accounts and HSA) + Subsidized Public
Transportation Program + Tuition Assistance Program + Onsite
Fitness & Wellness Center + And more
(https://www.newyorkfed.org/careers/benefits_health.html) _The
Federal Reserve Bank of New York is committed to a diverse
workforce and to providing equal employment opportunity to all
persons without regard to race, color, religion, national origin,
sex, sexual orientation, gender identity, age, genetic information,
disability, or military service._ **The successful candidate**
**must be fully vaccinated against COVID-19,** **and receive a
booster shot within 30 days of being eligible to do so,** **unless
the Bank grants an exemption based on a medical condition or
sincerely held religious belief.?** This is not necessarily an
exhaustive list of all responsibilities, duties, performance
standards or requirements, efforts, skills or working conditions
associated with the job. While this is intended to be an accurate
reflection of the current job, management reserves the right to
revise the job or to require that other or different tasks be
performed when circumstances change. **Full Time / Part Time** Full
time **Regular / Temporary** Regular **Job Exempt (Yes / No)** Yes
**Job Category** Information Technology **Work Shift** First
(United States of America) _The Federal Reserve Banks believe that
diversity and inclusion among our employees is critical to our
success as an organization, and we seek to recruit, develop and
retain the most talented people from a diverse candidate pool. The
Federal Reserve Banks are committed to equal employment opportunity
for employees and job applicants in compliance with applicable law
and to an environment where employees are valued for their
differences._ Privacy Notice
(https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
OUR BANK has one of the most recognizable brands around the world.
The Federal Reserve is the central bank of the United States-one of
the world's most influential, trusted and prestigious financial
organizations. The Federal Reserve is charged with the important
mission of promoting a strong economy and a stable financial system
and fulfills this responsibility by formulating national monetary
policy, supervising and regulating banks and bank holding
companies, and providing financial services for banks and the U.S.
government. OUR PEOPLE are diverse in background and ideas, which
allows for ongoing creativity and innovation. Ultimately, they are
the ones who push our high-performance, exchange-driven culture
forward. Why Our People Choose Us: Our reputation precedes us There
will always be room for personal growth Our people are first You'll
find the right balance Your responsibilities will be meaningful We
hope that you will be our future colleague.
Keywords: Federal Reserve System, Newark , Information Security Specialist - Vendor Risk, Other , Newark, New Jersey
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