Business Systems Operational Resilience Analyst

Ubluk; London; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a Business Systems Operational Resilience Analyst to enhance their operational risk management processes. In this pivotal role, you will support the organization's resilience stance by managing risk frameworks, conducting thorough business impact analyses, and ensuring compliance with regulatory standards. This position offers a unique opportunity to engage with various business areas, develop risk treatment plans, and oversee disaster recovery strategies. If you have a strong background in operational risk and a passion for business continuity, this role could be your next career step.

Qualifications

• Experience in managing Operational Risk frameworks and assessments.
• Strong understanding of Business Continuity and Disaster Recovery processes.

Responsibilities

• Manage the Operational Risk framework and ensure compliance with regulations.
• Develop risk treatment plans and maintain business continuity strategies.

Skills

Operational Risk Management

Business Impact Analysis

Communication Skills

Vendor Management

Disaster Recovery Planning

Business Continuity Management

Risk Assessment

Stakeholder Engagement

Education

Bachelor's Degree in Business or Finance

Relevant Certifications (e.g., CISA, CRISC)

Job description

Business Systems Operational Resilience Analyst

Location: London

Responsibilities and Main Duties

1. Support the Bank’s Operational Resilience (OpRes) stance by managing the Operational Risk (OR) framework measures in line with the Risk Management Appetite statement.
2. Ensure visibility over ORs using Risk Control Self-Assessment (RCSA), both quantitatively and qualitatively, in collaboration with OpRes.
3. Continuously improve the Departmental Business Impact Analysis (BIA) with respective business areas, including risk assessments related to operational risks and risk appetite.
4. Develop risk treatment plans to accept, avoid, transfer, or optimize risks within BIA and relevant OR documentation.
5. Maintain the Map Over Process to support OpRes measures, based on identified ORs and BIAs.
6. Determine Impact Tolerance Levels (ITOL) through OpRes dependencies mapping.
7. Review and update the Important Business Services (IBS) and their references to ITOL.
8. Identify additional measures to manage operational risk and OpRes outcomes.
9. Update the OR and IBS reference registers.
10. Ensure alignment of the 3 Lines of Defense (3LoD), including staff engagement and education.
11. Provide the Operational Resilience MI Dashboard for governance and regulatory reporting.
12. Coordinate across business areas, Operational Risk, and Bank Operations to support the Operational Resilience Framework and meet regulatory expectations.
13. Guide the Vendor Management process, review third-party risk assessments, and maintain the Vendor Assessments register, including Impact Tolerances.
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, providing related dashboards for governance and regulation.
17. Engage effectively with staff at all levels, demonstrating strong communication skills.
18. Articulate details clearly and be persistent in discovery.
19. Possess knowledge of Business Risks, Technology Risks (Infrastructure), and Business Continuity Management.
20. Maintain a strong level of Business Acumen.

Conduct Rules for All Staff

• Act with integrity, respect, and trustworthiness.
• Perform duties with due skill, care, and diligence.
• Be open and cooperative with the Bank, FCA, PRA, and other regulators.
• Prioritize customer interests and treat customers fairly.
• Observe proper standards of market and business conduct.
• Comply with policies on Money Laundering detection and reporting, addressing any weaknesses promptly.
• Follow policies regarding Consumer Duty and Treating Customers Fairly to ensure good customer outcomes.

Application Process

If you wish to send us your CV, please complete the following details:

• Last Name
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