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 – Protect, Improve, Grow – underpin everything that we do at CLS and define and shape a supportive and inclusive working environment in which everyone is encouraged to be open and forward-thinking
Job information:
• Functional title – Vulnerability Management
• Department – IT Security
• Corporate level – Director
• Report to – Executive Director
• Location - New York, onsite 2 days per week
• Expected full-time salary range between $170,000 - $210,000 + variable compensation + 401(k) match + benefits.
• Note: Disclosure as required by NY Pay Transparency Law of the expected salary compensation range for this role.
Job Summary:
The Director of Vulnerability Management is responsible for leading and maturing the enterprise-wide vulnerability management program to reduce the organization’s cyber risk exposure. This key role will own the strategy, implementation, and continuous improvement of vulnerability discovery, assessment, prioritization, and remediation processes across all environments including on-premises, cloud, and the Kyndryl environments. The Director collaborates with cross-functional teams to ensure timely mitigation of risks, regulatory compliance, and business continuity.
Key Responsibilities:
• Develop and lead the enterprise vulnerability management strategy, roadmap, and program.
• Act as delegate sponsor for the Vulnerability Management project as part of the Information Security Transformation program.
• Oversee vulnerability scanning, risk assessments, and prioritization processes across infrastructure, applications, containers, and cloud environments and critical third parties.
• Manage vulnerability management platforms and ensure optimal configuration, tuning, and coverage.
• Partner with Technology, cloud, SecOps, CTI, application teams, and asset owners to drive remediation and track progress.
• Provide threat-based prioritization of vulnerabilities using CVSS, threat intelligence, exploitability data, and business context.
• Lead the response to high-profile vulnerabilities (e.g., zero-days, critical CVEs) with timely impact analysis and coordinated remediation actions.
• Develop and present executive-level reporting on vulnerability trends, KRIs, KPIs, and risk posture.
• Maintain compliance with relevant standards and frameworks (e.g., NIST CSF, ISO 27001).
• Own governance for exception handling and risk acceptance processes related to un-remediated vulnerabilities.
• Lead, mentor, and grow a team of vulnerability analysts, engineers, and program managers.
Required Qualifications:
• Bachelor's degree or higher in Computer Science, Information Security, Engineering, or related field.
• 10+ years of experience in cybersecurity, with at least 5 years in a leadership or management capacity.
• Proven experience building or leading a mature vulnerability management program at scale.
• Deep understanding of vulnerability scanning technologies, CVSS scoring, and threat modelling.
• Strong knowledge of cloud platforms (AWS, Azure), and container security.
• Familiarity with compliance frameworks and standards (NIST, ISO, etc.).
• Experience managing and mentoring technical teams and working cross-functionally with non-security teams.
• Excellent communication and stakeholder engagement skills with the ability to convey complex risk topics to executive audiences.
Preferred Qualifications:
• Relevant certifications (e.g., CISSP, CISM, OSCP, or similar).
• Experience integrating vulnerability management with SIEM, ticketing, and asset management tools.
• Strong understanding of risk management and cyber risk quantification.
Our commitment to employees:
We are a small company with a big mandate, so every person is essential to our success. We are also committed to employing and retaining the most talented and dedicated people.
What makes us interesting goes beyond our competitive salaries and great benefits. Our work environment is designed around quality outcomes, not output. The FX market would cease to function without our services, and we take pride in being responsible for keeping it running smoothly.
We are different from other financial institutions in that we have a flatter and more transparent structure with accessible leadership. You will be seen, heard and empowered to develop your career.
We are a purpose-driven organization, with an inclusive culture that focuses on doing what is right. The well-being of our people is as important to us as the resilience of our systems. In addition to encouraging our people to ‘locate for their day,’ we run a range of initiatives that support employees’ sense of belonging and physical, emotional and mental well-being.
Our extensive benefits for employees typically include:
• Vacation/annual leave: 25 days in UK/Asia + 3 life days, 23 in US + 3 life days
• Private medical and dental cover and life insurance
• Generous pension contributions in the UK and Asia; matching 401(k) in the US
• Paid volunteer days
• ‘Locate for your day’ hybrid working – 2 days a week in office.
• Access to Discover – our learning platform with 1000+ courses from LinkedIn Learning.
• Paid parental leave / Coaching and support services
• Career development / LinkedIn Learning
• ‘Heads down days’ with no meetings on the last Friday of every month
• Wellbeing / Mental health support
• Diversity Council / Affinity groups (Women’s Forum, Black Employee Network, Pride Network, Parents & Caregivers Network, Sustainability Network)
• Social events
Awards:
• The Sunday Times Best Places to Work 2023 & 2024 / Big Company / The Sunday Times Awards
• Third place in Britain’s Healthiest Workplace 2022 / Medium Company / Vitality Awards
