Director, Vulnerability Management

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

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 Qualificati