- Develop a new Governance, Risk, and Compliance strategy of a multinational bank to align with international regulations, including EU DORA, and to integrate newly acquired entities securely.
- Harmonise compliance across all operations in the EU and UK, ensuring every branch meets local and international standards.
- Systematically integrate the cybersecurity frameworks of newly acquired firms, maintaining a unified security posture.
- Reassess all vendor and third-party engagements across the bank’s global operations, implementing stringent security controls and continuous monitoring protocols.
- Establish a centralised governance framework to manage compliance and security policies consistently across all regions.
- Implement a sophisticated risk management framework and an insider threat program to proactively manage and mitigate risks.
18-24 months. This extensive timeframe is necessary due to the scale of the project, encompassing numerous global operations and compliance requirements.
- Agile Lead (1): To provide overall leadership for the GRC overhaul project.
- Regional Compliance Managers (4-5): To handle local compliance activities and ensure regional regulations are met.
- IT Security Engineers (5-7): To deploy and manage security solutions across multiple locations.
- Risk Management Specialists (3-4): To identify and mitigate security risks.
- M&A Integration Specialist (1): To manage the security aspects of mergers and acquisitions.
- Training and Development Team (2-3): To design and implement a global security training program.
- Enterprise-wide GRC management platform to integrate and manage compliance across all operations.
- Advanced cybersecurity tools for threat detection, incident response, and risk management.
- Legal and compliance advisory services to navigate multi-jurisdictional regulations.
- Budget for traveling and coordinating activities across different regions.
