Director, Security Reporting and Metrics

Director, Security Reporting and Metrics

• Department: Security Governance and Management Location: New York, USA
• A base of up to $225k + a target full year bonus

CLS is the trusted party at the centre of the global FX ecosystem. Utilized by thousands of counter parties, 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:

• Targeted innovation
• Facilitate connections
• Inclusive culture

• Lead the new Security Reporting and Metrics team within IT Security Governance and Management, ensuring it has an effective operating model, processes, roles, and responsibilities.
• Provide the strategic development and delivery of executive-level cybersecurity reporting and metrics, ensuring actionable insights and alignment with business objectives, for example,
• Detailed and consolidated reports on CLS's security posture, capabilities, and risk landscape for executive leadership and the Board, in coordination with the Office of the Chief Information Officer (oCIO).
• Translating complex technical information into actionable business insights.
• Direct the measurement, monitoring, and reporting of security risks and performance, ensuring transparency, accountability, and continuous improvement, for example,
• Measurement and reporting of security risks (e.g., progress of remediation efforts, identification and communication potential risks impacting completion etc).
• Establishing and overseeing the monitoring and reporting of Key Performance Indicators (KPIs) for all IT Security‑owned processes and services, defining performance criteria and setting benchmarks.
• Periodic reporting to IT Security leadership.
• Drive continuous improvement in reporting methodologies, data visualisation, and communication strategies to enhance clarity, accuracy, and impact of security communications across all levels of the organisation.
• Oversee and foster strategic collaboration with multiple departments and teams (e.g., IT Security team leads, oCIO) to ensure data accuracy, consistency, and relevance in all security reporting, promoting a data‑driven approach to security management.

A security leader who can:

• Lead the Security Reporting and Metrics 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.
• Lead Security Reporting and Metrics transformation programs and implement robust reporting and analytics solutions that establish a strong foundation for CLS's IT Security Function.
• Identify Security Reporting and Metrics priorities to establish and strengthen a robust security team, by focusing efforts on tailoring work and programs for CLS specific needs.
• Leverage multiple core relevant tools and solutions (e.g., Business Intelligence tools, data visualisation tools etc) to provide actionable insights into CLS's security posture.
• Experience in security reporting, risk management, or data analytics (12-15 years), including ~8-10 years in a leadership or management role focused on security reporting and metrics.
• Experience in:
• Leading team adherence to operational and compliance standards within highly regulated environments.
• Reporting on team performance and project progress to senior…