Director, Information Security Job in Toronto for Alterna |

Director, Information Security

October 8 2020
Industries Bank, Insurance, Financial services
Categories Information Technology, Security, Continuity, Risk
Toronto, ON

Scope of Position

Reporting to SVP & CIO, the Director of Information Security is responsible for the following: Planning, coordinating, and supervising activities related to the design, development, and implementation of the organization’s information security program.

An experienced IT Security leader, the position develops, implements, monitors, and adjusts the IT security strategy and approach, ensuring Alterna is protected from security and cyber-security threats, and is in good standing with regulators and oversight bodies.

In addition to this scope, the incumbent will apply proven communication skills, problem-solving skills, and knowledge of best practices to guide his/her security team and the user group on issues related to the design, development, and deployment of mission-critical information and technology systems.

Major Responsibilities

  • Leader in the development of IT Security strategies in collaboration with the CIO
  • Responsible for effective and efficient execution of IT Security strategic plans, initiatives and audits
  • Develops, maintains, and executes IT security measures to ensure the organizations information and data processing assets are protected at rest and in transit, utilizing industry accepted best practice techniques and tools.
  • Prepares recommendations and effectively manages budgets for all areas of responsibility
  • Develops, reviews, and maintains all information security policies and procedures
  • Prepare RFPs, bid proposals, contracts, scope of work reports, and other documentation for projects and associated efforts
  • Regularly presents strategies, plans and progress/feedback on initiatives to the CIO
  • Expertly manages technology partner relationships and contractual commitments

Acquisition & Deployment

  • Coordinate feasibility studies for software and system products under consideration for purchase, and give advice based on findings.
  • Ensure that any new software integration into company systems meets IT Security, system compliance, and interface specifications.
  • Leads the planning and deployment of application and configuration security measures.
  • Analyzes existing operations and make recommendations for the improvement of Information Security
  • Conducts research and remains current with the latest technologies and solutions in support of procurement

Operational Management

  • Ensures appropriate physical and data security standards are developed and adhered to
  • Ensure appropriate staffing flexibility to meet SLAs, projects and off hour processes
  • Direct, manage, and coach a team of IT professionals. This includes performance reviews, daily activities, and corrective action when necessary.
  • Provide monthly operational KPI’s and reports to IT Management
  • Responsible for vendor management. This includes holding vendors accountable and conducing SLA meetings and reviews to ensure expectations are being met.
  • Provide information and input into the annual budget planning process for IT


Educations / Certifications / Experience

  • University degree in Computer Science, Business Administration or a related field.
  • 10 years experience in information security preferably the financial sector.
  • 10 years or more of direct line management of a comparative IT operation.
  • IT Management certifications like CISSP, or CISM
  • Strong experience with data privacy & Security, and cyber-security strategy, practices, regulations, and laws relating to the Financial Services industry.
  • Experience in banking systems and/or financial systems preferred.
  • Experience in leading major enterprise IT projects
  • Strong technical knowledge of network and PC operating systems.
  • Strong technical knowledge of current network hardware, protocols, and standards.
  • Knowledge of IT Management Control Frameworks such as COBiT, ITIL.
  • Experience developing and leading high-performance teams with a solid understanding of management principles, practices, and procedures.
  • Extensive experience working in a team-oriented, collaborative environment.

Knowledge / Skills

  • Business principles and administration, organization, and management relating to the key business issues of banking services.
  • Data processing methods and procedures.
  • Software systems and interfaces
  • Computer and related hardware, communications, and infrastructure.
  • Systems design, development methodologies, business analysis, systems analysis, programming, quality assurance, installation methodologies, source code control, overall operational management.
  • Project management, project life cycles, and implementation process.
  • Security and Cyber-security strategies, architectures, and technology security and compliance methods and regulations

About Alterna Savings

Alterna Savings and Credit Union Limited (Alterna) has been the good in banking for 112 years! Alterna is made up of Alterna Savings and Credit Union Limited and its wholly-owned subsidiary, Alterna Bank. Together, we have $9.6 billion in assets under management.

As the first full-service, member-owned co-operative financial institution outside Quebec, Alterna Savings shares its expertise with more than 183,000 members through a network of 36 branches across Ontario, that includes partner Peterborough Community Savings; as well as call centre and digital channels. Members and customers also benefit from industry-leading online brokerage, investment management services, and have access to the largest surcharge-free ATM network in Canada through THE EXCHANGE® Network, with over 3,700 ATMs to serve them.

Working at Alterna

Every day, over 600 people take pride in putting our members first. Our caring culture has been recognized by the prestigious employer awards National Capital Region’s Top Employers and Aon’s Best Employers (Platinum level).

* Although we appreciate all applicants, preference will be given to candidates who most closely meet the qualifications, key skills and competencies outlined above.

* Alterna is compliant with the Ontarians with Disabilities Act. If you have a disability, please contact the recruiter to let us know how we can accommodate you.

Apply now!