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ITHALA DEVELOPMENT FINANCE CORPORATION
 
MANAGER: INFORMATION SECURITY & IT GOVERNANCE: D1 
INFORMATION TECHNOLOGY DEPARTMENT 
(RE- ADVERTISEMENT) 
ITHALA SOC LIMITED 
DURBAN HEAD OFFICE 
REFERENCE NO: SG 19025 
 
 
This position is responsible for designing, implementing, managing IT Governance across the organisation as well as reporting on information security risks in a manner that meets compliance and regulatory requirements in order to support the risk posture of the organisation 
 
Reporting to the Head of IT, the incumbent will primarily be responsible to: 
 Define, design, implement and manage IT Governance across the organisation 
 Manage Audit and Risk issues within the IT department 
 Provide strategic risk guidance for IT projects, including the evaluation and recommendation of technical controls. 
 Define and facilitate the information security risk assessment process, including the reporting and oversight of treatment efforts to address negative findings. 
 Monitor and review processes to ensure risk/security and compliance arrangements are in place. 
 Ensure security programs are in compliance with relevant laws, regulations and policies to minimize or eliminate risk and audit finding 
 Define and design information security strategies 
 Coordinate the use of external resources involved in the information security program, including (but not limited to) interviewing, managing external resources, negotiating contracts and fees. 
 Facilitate a metrics and reporting framework to measure the efficiency and effectiveness of the program, facilitate appropriate resource allocation and increase the maturity of the security 
 Manage audit and risk issues within the IT department 
 Provide strategic risk guidance for IT Projects, including the evaluation and recommendation of technical controls. 
 Information security management experience (records retention, information architecture, etc.) 
 Identify and access management implementations and reviews 
 
The following entry requirements must be met in order to be considered for this position: 
 B Degree in Computer Science/ Information Systems/ IT Audit/ CISA with postgraduate business qualification being an added advantage. 
 Ten (10) years IT experience with minimum five (5) years in a banking environment. 
 At least 5 (five) years’ experience in IT Security Management including formulation and implementation of policies and procedures. 
 Experience in developing and administering an information security system. 
 Experience in IT policy and IT Strategy development and implementation. 
 Experience in the development of IT DRP and Backup Strategies. 
 Sound technical knowledge of information technology and security issues such as Firewall, Antivirus solutions, Active Directory, Proxy Servers and encryption technologies. 
 Familiarity with COBIT, ITIL, and ISO27001/2. 
 Great understanding of Risk Management processes and Enterprise Architecture design processes 
 Understanding of regulatory and compliance issues in the financial sector. 
 Willingness to travel and work additional and/ or non-standard hours when required. 
 Familiarity with the Banking Regulatory Guidelines. 



ITHALA EMBRACES THE PRINCIPLES OF THE EMPLOYMENT EQUITY ACT 
 
CLOSING DATE: 15 OCTOBER 2019 
 
INTERESTED APPLICANTS MUST FORWARD A DETAILED CV, BY E-MAIL TO hr_recruitment6@ithala.co.za  
 
KINDLY ALSO INCLUDE A MOTIVATION OF HOW YOU MEET EACH OF THE ENTRY REQUIREMENTS LISTED ABOVE AND QUOTE THE REFERENCE NUMBER FOR THE POSITION. 
 
PLEASE NOTE THAT: 
• LATE APPLICATIONS AND APPLICATIONS WITH NO REFERENCE NUMBER WILL NOT BE CONSIDERED. 
• E-MAIL USERS ARE REQUESTED TO SET THE DELIVERY OPTION ON BOTH “RETURN RECEIPT” AND “CONFIRM DELIVERY”. 
• CORRESPONDENCE WILL BE LIMITED TO SHORT-LISTED CANDIDATES. ALL SHORT-LISTED APPLICANTS WILL BE SUBJECTED TO ASSESSMENTS, REFERENCE AND CREDIT CHECKS. IF YOU HAVE NOT BEEN CONTACTED WITHIN 1 MONTH OF CLOSING DATE OF THE ADVERTISEMENT, PLEASE ACCEPT THAT YOUR APPLICATION HAS BEEN UNSUCCESSFUL.