IT Risk & Compliance Associate

Location: Spain - Boadilla del Monte, Madrid

Department: Risk & Compliance

Risk & Compliance Associate – IT & Cyber Risk

 

WHAT YOU WILL BE DOING

 

As a Risk & Compliance Associate specialized in IT & Cyber Risk, you will play a key role in the identification, assessment, and oversight of technology and cybersecurity risks across our platforms, products, and services.

You will act as a second line of defense, providing independent challenge to IT/Cyber , ensuring alignment with internal policies and regulatory requirements.

 

We need someone like you to help us on the following fronts:

• Identify, assess and monitor IT and Cyber risks across systems, platforms, and digital products

• Perform independent risk oversight and challenge over IT, Cybersecurity

• Contribute to the definition and evolution of the IT & Cyber Risk Management Framework, aligned with regulatory requirements (e.g. DORA)

• Define and monitor Key Risk Indicators (KRIs) and support risk appetite frameworks

• Assess risks related to cloud environments, infrastructure, and technology architecture

• Evaluate and challenge controls design and effectiveness, ensuring proper risk mitigation

• Support the identification and management of ICT third-party / vendor risks

• Lead risk assessments (RCSA), control testing and risk reporting activities

• Contribute to operational resilience initiatives. (identification of critical services, mapping of dependencies, testing, etc.)

• Collaborate with internal stakeholders and local units to ensure consistent risk management practices across subsidiaries

• Support internal and external audits and regulatory interactions when required

 

WHAT WE ARE LOOKING FOR

 

EXPERIENCE

• +5 years of experience in IT Risk, Cyber Risk or Technology Risk Management, preferably within financial services or regulated environments (payments industry is a plus)

• Proven experience in second line of defence (risk oversight / control functions)

 

EDUCATION

 

Required

• Bachelor’s degree in Computer Engineering, Telecommunications, Mathematics, Physics, or related fields

 

SKILLS & KNOWLEDGE

• Knowledge of payments ecosystem, acquiring business and PSD2 is a strong plus

• Strong knowledge of IT & Cyber Risk frameworks and standards (e.g. ISO 27001, NIST, COBIT)

• Strong knowledge of Operational resilience and business continuity frameworks (i.e: DORA) and its implications on IT and Cyber risk management

• Experience in:

• Risk assessments (RCSA, control frameworks)

• IT controls and cybersecurity practices

• Cloud risk and technology environments

• Familiarity with Third-party risk management with focus on IT, Cyber and resilience

• Strong analytical and problem-solving skills, with the ability to translate technical risks into business impact

• Ability to challenge stakeholders constructively and influence decision-making

• Excellent communication skills (written and verbal), with experience interacting with senior stakeholders

• High level of English

 

DESIRED CERTIFICATIONS

• CISA, CRISC, CISSP, CISM or similar

• ITIL or other IT governance certifications