VP, Manager, Business Continuity

GENERAL SUMMARY

The Business Continuity Manager provides proactive guidance, oversight and monitoring of the first line's operational activities to ensure alignment with the organization's Business Continuity and Disaster Recovery program requirements. Responsible for the development, implementation, and maintenance of a comprehensive BCP program that includes policies, strategies, plans, and processes aligned to regulations, industry best practices and standards, compliance requirements, education, and protection strategies across the Bank's business lines and geographic locations. Acts as subject matter expert on BCM and business resilience matters related to financial organizations entrusted with large volumes of data and transactions.

The Business Continuity Manager demonstrates independent judgement with a minimal amount of supervision, direction, and assists the Bank by performing wide range of business continuity and disaster recovery activities and support, many of which are complex and confidential in nature.

The Second Line of Defense Business Continuity Risk Manager has a critical role in ensuring that an organization's BCM/DRM program is robust, compliant, and effective in mitigating risks to business operations. By providing oversight, guidance, and monitoring functions, this role contributes significantly to enhancing organizational resilience and preparedness in the face of disruptions.

ESSENTIAL FUNCTIONS

• Developing and maintaining policies and standards related to business continuity, disaster recovery and crisis management programs to ensure alignment with regulatory requirements and industry best practices.
• Conducting risk assessments to identify potential threats to business operations and assessing the effectiveness of existing controls in mitigating those risks.
• Monitoring the first line's adherence to established policies and standards, as well as regulatory requirements, and taking corrective actions when necessary.
• Providing training and awareness programs to team members across the organization on business continuity practices, ensuring a culture of resilience and preparedness.
• Generating reports on the effectiveness of business continuity measures, highlighting areas of improvement or non-compliance for senior management and relevant stakeholders.
• Collaborating with the first line of defense to ensure a cohesive approach to risk management and fostering strong relationships between different lines of defense.
• Identifying opportunities for enhancing the organization's business continuity capabilities through credible challenge, and updates to policies and procedures.

QUALIFICATIONS

Education:

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field; Advanced degree or professional certification (e.g. FRM, CRM, CFA) preferred.
• Business Continuity certifications (CBCI, CBCP, EDRP) or related fields is desirable.

Experience:

• Minimum 5+ years' experience in business continuity program design, implementation, and execution required.
• Minimum of 5+ years in project management and implementation required.
• Experience in managing business continuity projects, including planning, execution, and monitoring progress to achieve objectives within timelines.
• Extensive knowledge of regulatory and industry best practices related to business continuity and business resilience; experience with ISO or FFIEC preferred.
• Strong understanding of all core BCM pillars (including BIA, Business Continuity Plans development, testing, technology disaster recovery, and crisis management required.
• Knowledge of Business Continuity Management concepts.
• Knowledge of relevant regulations and standards such as ISO 22301.
• A strong background in risk management or compliance is preferred.

Skills/Ability:

• Strong analytical skills to assess risks and evaluate control measures.
• Excellent presentation skills and ability to analyze and make effective, business continuity-centric recommendations to business leaders and senior management.
• In-depth understanding of operational risk management principles, frameworks, and methodologies within the financial services industry. This includes knowledge of regulatory requirements (such as Basel III) and best practices.
• Ability to analyze complex data, identify trends, and assess risks inherent in operational processes and systems. Proficiency in using risk assessment tools and techniques.
• Ability to identify potential issues, develop solutions, and implement business continuity related strategies effectively.
• Strong verbal and written communication skills are essential for effectively interacting with stakeholders at all levels of the organization. This includes preparing reports, presenting findings, and providing recommendations.
• Ability to work collaboratively with various departments, such as compliance, internal audit, and business units, to drive a consistent approach to risk management.
• Meticulous in assessing risks, evaluating controls, and monitoring risk mitigation measures.

OTHER DETAILS

$119,000 - $141,400 / year
Pay determined based on job-related knowledge, skills, experience, and location.