Principal Specialist, Cyber & Technology Risk (Cyber Risk)

8-10 Years

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Early Applicant

Job Description

Why PayNet / Why Now

PayNet operates national payment infrastructure where cyber failure has systemic impact
Threat sophistication and ecosystem interdependencies are increasing faster than legacy controls
Regulators expect defensible, enterpriselevel cyber risk judgment, not technical assurance alone
The Board requires clearer visibility into cyber exposure and decision tradeoffs
This role anchors trust as PayNet scales innovation across a national participant ecosystem

TL;DR

Why This Role Matters

What You Will Actually Do

Shape and own PayNet's cyber risk governance frameworks, policies, and standards
Build and run a central cyber risk dashboard that drives executive decisions
Lead cyber regulatory and standards compliance assessments and remediation tracking
Drive the execution of PayNet's cybersecurity strategy across stakeholders
Oversee cyber risk exposure across PayNet and its participant ecosystem
Decide and advise during cyber incidents, including regulatory notification readiness

Examples of This Role in Practice

Present a clear cyber risk position to the Board to support a major platform decision
Challenge control effectiveness and require remediation before risk acceptance
Lead a Bank Negara Malaysia – Risk Management in Technology (BNM RMiT) or National Cyber Security Agency (NACSA) compliance review and close material gaps
Advise executives during a cyber incident on classification and regulatory triggers
Escalate emerging ecosystem risks before they crystallise into systemic issues

What Will Help You Succeed

Deep experience in cyber and technology risk governance within regulated environments
Strong judgment to balance innovation, resilience, and regulatory expectations
Ability to translate complex cyber risk into clear executivelevel decisions
Confidence to challenge stakeholders and defend risk positions independently
Credibility built through recognised cyber or risk certifications