Business Systems Operational Resilience Analyst

Ubluk; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Business Systems Operational Resilience Analyst to enhance their operational risk management. This role involves supporting the bank's resilience strategy, managing risk assessments, and ensuring compliance with regulatory standards. You will engage with various departments to maintain the Operational Resilience Framework and oversee vendor risks. The ideal candidate will possess strong communication skills and a solid understanding of business and technology risks. Join a dynamic team dedicated to operational excellence and make a significant impact in the financial sector.

Qualifications

• Strong knowledge of Operational and Technology Risks.
• Experience in managing Business Continuity Plans and Vendor Assessments.

Responsibilities

• Support the Bank’s Operational Resilience through managing risk frameworks.
• Coordinate between business areas to meet regulatory expectations.

Skills

Operational Risk Management

Business Impact Analysis

Vendor Risk Management

Disaster Recovery Planning

Communication Skills

Business Continuity Management

Business Acumen

Risk Control Self-Assessment

Education

Bachelor's Degree in Finance or Risk Management

Job description

Business Systems Operational Resilience Analyst

London

Responsibilities and Main Duties

1. Supporting the Bank’s Operational Resilience (OpRes) stance through the Operational Risk (OR) elements in the Risk Management Appetite statement, by managing the framework measures.
2. Ensure visibility over ORs using Risk Control Self-Assessment (RCSA) both quantitatively and qualitatively in association with OpRes.
3. Manage the continuous improvement of the Departmental Business Impact Analysis with each respective business areas, including risk assessments against operational risks and risk appetite.
4. Detail risk treatment plans to accept, avoid, transfer, or optimise risk, within BIA or relevant OR documentation.
5. Maintain the Map Over Process to support OpRes measures, based on identified ORs and BIAs.
6. Set Impact Tolerance Levels (ITOL) by realizing OpRes dependencies in mapping.
7. Review and maintain the Important Business Services (IBS) and their references to ITOL.
8. Identify measures to further manage OR and OpRes outcomes.
9. Update the OR and IBS reference registers.
10. Ensure alignment of the 3 Lines of Defence (3LoD), including staff engagement and education.
11. Provide the OR MI Dashboard in conjunction with OpRes measures for governance and regulatory reporting.
12. Coordinate between business areas, Operational Risk, and Bank Operations to support the Operational Resilience Framework in meeting regulatory expectations.
13. Guide the Vendor Management process, review third-party risk assessments, and maintain the Vendor Assessments register, including Impact Tolerances assessments.
14. Manage Vendor Risks, including contractual commitments.
15. Maintain stress test playbooks and schedule forward scenario stress testing.
16. Oversee Disaster Recovery and Business Continuity Plans; provide related dashboards for governance and regulatory purposes.
17. Engage with all staff levels effectively, demonstrating strong communication skills.
18. Articulate details clearly and be persistent in discovery.
19. Possess knowledge of Business Risks (Operational Risks), Technology Risks (Infrastructure), and Business Continuity Management.
20. Demonstrate a solid level of Business Acumen.

Conduct rules for all staff

• Act with integrity, respect, and trustworthiness.
• Act with due skill, care, and diligence.
• Be open and cooperative with the Bank, FCA, PRA, and other regulators.
• Prioritize customer interests and ensure fair treatment.
• Observe proper standards of market and business conduct.
• Complete training and comply with policies on Money Laundering detection and reporting, addressing weaknesses promptly.
• Train and comply with policies on Consumer Duty and Treating Customers Fairly to ensure good customer outcomes.

Application Process

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