IT Risk and Security

About Us: SynOption Pte. Ltd. is a financial technology firm headquartered in Singapore, that plays a role in bringing more transparency and easing the way business is done in FX and Crypto options. It is a new institutional platform that allows clients to analyze and trade on FX Option instruments and strategies in a fair and transparent manner. Synoption is recognized as a Recognized / Licensed Market Operator by Monetary Authority of Singapore

Job Description

Managing Information Security (InfoSec), Information Technology (IT) Risk &Operations, Digital Risk.

Analyzing technology risk and designing security frameworks to minimize risk

managing the Info-Sec and IT Risk portfolio.

Digital Risk Officer responsible for securing digital transformation initiatives ensuring that digital risk is properly recognized, assessed and mitigated.

Establish uniform policies and procedures in order to protect all data stored across various types of devices.

Perform technology independent audit against MAS(TRM) Technology Risk Management regulatory checklist.

Designed security framework/lifecycle to gauge the automation security through development phase to production and maintenance ensuring mitigation of IT –Risk, Operational Risk, Regulatory, Reputation Risk and Financial Risk.

Perform Risk analysis and approve new technology to production –FX Options

Key responsibilities

Working across the technology department to analyse and better understand their risk profile
Identifying and assessing the impact of technology risk on projects and develop mitigation strategies
Defining a risk and control methodology and framework to use in conducting risk assessments
Proactively managing risks so that there are no major incidents, breaches or examples of non-compliance
Establishing and running risk committees and working groups
Delivering technology risk insight for the Board & Executive Committees, including data-driven risk reports
Regularly engaging with internal & external stakeholders on the group’s IT and cyber risk posture
Driving effective implementation & communication of operational risk management policies & guidelines
Providing IT and cyber risk management consulting to the business, technical & operations groups

DISCLAIMER

SynOption Pte. Ltd. is licensed by the Monetary Authority of Singapore as a Recognized Market Operator (“RMO”) to operate an organised market as defined under Part 1 of the First Schedule to Securities and Futures Act 2001. (the ‘Organised Market’).

This recognition as an RMO is restricted to the operations of the “Optimus” Platform, in exercise of the powers conferred to MAS under section 9(1)(b) of the SFA with effect from 31 December 2020. The Optimus platform is also exempt from Swap Execution Facility (“SEF”) registration requirements of the Commodity Futures Trading Commission (“CFTC”).

The “Synchro” Platform is a separate trading platform which is established and operated by SynOption Technologies Pte. Ltd. and is not a regulated platform by the MAS. Please refer here for additional disclosures: Additional Risk Disclosures for PTD.