Data Security Director

About CLS:

CLS is the trusted party at the centre of the global FX ecosystem. Utilized by thousands of counterparties, CLS makes FX safer, smoother and more cost effective. Trillions of dollars’ worth of currency flows through our systems each day.

Created by the market for the market, our unrivalled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies. We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so clients can put their capital and resources to better use.

CLS products are designed to enable clients to manage risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market.

Our ambition to make a positive difference starts with our people. Our values underpin everything that we do at CLS and define our working environment:

• Pivotal purpose
• Trusted guardian
• Targeted innovation
• Facilitate connections
• Delivering excellence
• Inclusive culture

Role overview:

• Job title – Director, Data Security
• Department – Attack Surface Management (Cyber Hygiene and Data)
• Level – Director
• Reports to – Managing Director, CISO US Services
• Location – New Jersey
• Compensation – $225,000 - 235,000 base salary + variable compensation + 401(k) match + benefits

Director, Data Security

What you will be doing:

• Establish, build, and lead the new Data Security team, ensuring it has an effective operating model, processes, roles, and responsibilities.
• Identify data security trends, risks and threats and work directly with IT security and wider business leaders to address these.

• Direct the development and continuous improvement of the overall data security strategy and framework within CLS, including defining the strategic direction for (non-exhaustive list):
  • Data Loss Prevention,
  • Data-at-Rest / In-transit controls,
  • E-mail security,
  • Masking & Tokenization,
  • Data Discovery and Classification,
  • Secrets Scanning & Management, and
  • Third Party Data Management.
• Work closely with operational support teams with regards to the operation and implementation of the above strategic priorities.
• Work closely with Security Architecture with regards architecture, design and engineering of Data Security services and solutions.
• Establish and supporting governance, processes, and policies to protect CLS critical information & assets.
• Oversee the implementation and management of enterprise data protection controls to include supporting the development of key metrics.
• Oversee the support of data training programmes, liaising with the Training and Awareness team to educate staff on data security policies, best practices, and tooling to promote secure data handling behaviors and minimize risks.
• Liaise extensively with required internal stakeholders and Third Party vendors, with direct responsibility for the management of specific vendors providing services to Data Security.

What we’re looking for:

A security leader who can:

• Lead the Data Security team, driving innovation and ensuring the team has a clear understanding of its roles and responsibilities, and how they contribute and align to CLS’s overall IT Security Function.
• Liaise closely with CLS stakeholders e.g. Wider IT security Teams, Legal, Privacy / Data Protection etc.
• Demonstrate experience in complementary tools and solutions to secure enterprise-wide data security within CLS.
• Identify Data Security priorities to establish and strengthen a robust security team, by focusing efforts on tailoring work and programs for CLS specific needs.
• Work with and have experience of managing relationships with key third party suppliers in support of data security priorities

Professional qualifications / certifications

• Experience in data security or information security (12 – 15 years), including ~8-10 years in a leadership or management role overseeing data security functions.
• Experience in:
  • Leading team adherence to operational and compliance standards within highly regulated environments.
  • Reporting on team performance and project progress to senior management, translating technical insights.
  • Representing the team in governance forums or committees, providing expert input and driving outcomes.
• Understand, interpret and apply regulatory requirements, compliance and industry standards as pertains to Data Security.

Our commitment to employees:

At CLS, we celebrate inclusion and consider this to be one of our strongest assets. We are committed to fostering an environment in which everyone feels comfortable to be who they are, and inclusion is valued. All employees have access to our inclusive benefits, including:

• Holiday - UK/Asia: 25 holiday days and 3 ‘life days’ (in addition to bank holidays). US: 23 holiday days.
• 2 paid volunteer days so that you can actively support causes within your community that are important to you.
• Generous parental leave policies to ensure you can enjoy valuable time with your family.
• Parental transition coaching programmes and support services.
• Wellbeing and mental health support resources to ensure you are looking after yourself, and able to support others.
• Employee Networks (including our Women’s Forum, Black Employee Network and Pride Network) in support of our organisational commitment to embrace and always be learning more about inclusivity.
• Hybrid working to promote a healthy work/life balance, enabling employees to work collaboratively in the office when needed and work from home when they don’t.
• Active support of flexible working for all employees where possible.
• Monthly ‘Heads Down Days’ with no meetings across the whole company.
• Generous non-contributory pension provision for UK/Asia employees, and 401K match from CLS for US employees.
• Private medical insurance and dental coverage.
• Social events that give you opportunities to meet new people and broaden your network across the organisation.
• Annual flu vaccinations.
• Discounts and savings and cashback across a wide range of categories including health and retail for UK employees.
• Discounted Gym membership – Complete Body Gym Discount/Sweat equity program for US employees.
• All employees have access to Discover – our comprehensive learning platform with 1000+ courses from LinkedIn Learning.
• Access to frequent development sessions on a number of topics to help you be successful and develop your career at CLS.