The research results for the main stages of designing competency models (CMs) for cybersecurity (CS) professionals are presented. A strategy for designing such models was formulated. The CS-related terminology and conceptual framework were clarified. Areas, objects, and types of professional activity (PA) as a whole for CS professionals and the banking sector, in particular, were determined. It is proposed to use the role and process models to determine the tasks that employees of banking organizations should solve. The practical issues of developing CMs, which allowed to determine the order of their development and the typical structure, as well as to formulate recommendations on the content of a specific CM, are considered.