Global Operational Resilience Specialist

Interactive Brokers; London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

A leading financial services company seeks a Global Operational Resilience Specialist in London. The role involves leading the Operational Resilience Program, ensuring compliance with regulations, and collaborating with stakeholders to enhance business continuity. Candidates should have significant experience in BCM or disaster recovery, and a strong understanding of operational resilience frameworks.

Benefits

Career support and development

Performance-based discretionary cash bonus scheme

Discretionary stock grant

Group Life Assurance cover

Group Income Protection

Occupation pension scheme based on Gross earnings

Above statutory annual leave, increasing with service

Daily company-paid lunch and healthy snack options

Access to Private Medical Insurance

Corporate events

Travel season ticket loans

Cycle to work scheme

Qualifications

• Significant experience in BCM or disaster recovery in finance or fintech.
• Deep understanding of global BCM and OpRes regulations.
• Solid IT knowledge to engage with IT management.

Responsibilities

• Lead the implementation of the Operational Resilience Framework.
• Maintain governance documentation for OpRes and BCM programs.
• Coordinate annual testing of BCPs with all IBKR location leads.

Skills

Business Continuity Management

Disaster Recovery

Vendor Risk Management

Operational Resilience

IT Risk Management

Problem Solving

Relationship Management

Tools

GRC Tool

Job description

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

Interactive Brokers (U.K.) Limited (“IBUK”) seeks an experienced Global Operational Resilience Specialist to serve as the accountable lead for the firm’s Operational Resilience Program. This position will report directly to the Chief Risk Officer based in London, U.K.

The goals for the position are:

Lead the implementation and maintenance of the Firmwide Operational Resilience (“OpRes”) Framework.

Provide subject matter expertise on industry standards and best practices on OpRes.

Guide business leaders on the practical application of rules and regulations.

Ensure compliance with the relevant regulations governing OpRes in the countries where IBKR operates.

Collaborate with the key stakeholders to integrate other programs with the OpRes Framework.

Deliver pragmatic solutions to enhance resilience to significant business disruptions and continue critical operations across the Firm.

Key Responsibilities:

Governance

· Own and maintain all governance documentation for the Operational Resilience and BCM programs – strategy, policy, procedures, plans.

· Work with senior leaders to maintain the list of critical business activities and set the risk appetite for Maximum Tolerable Downtimes (“MTDs”), Recovery Time & Point Objectives (“RTOs” and “RPOs”).

· Benchmark the OpRes program vs. global regulations and client expectations and highlight gaps - maintain all data and records in Fusion GRC tool to demonstrate compliance.

· Present to senior leadership as required.

· Training – build and work with L&D team to ensure OpRes and BCM training is provided to all necessary staff at least annually.

· Represent IBKR to regulators on all matters OpRes and BCM - written and verbal.

Operating model, business services & activities

· Maintain and enhance the documentation on the Firms operating model – business services, business activities and the systems, data, vendors and teams required to operate them.

· Work with IT, ERM, Data Governance and HR to assess the resources (groups, systems, data, vendors) required to operate each business activity.

Assessment

· Build, agree and maintain Business Impact Analyses for Groups/Teams supporting business activities – ensure these remain accurate and complete.

Planning

· Ensure that the Firms BCP accurately reflects capabilities and risk appetite.

· Work with groups supporting critical business activities to build response plans for failure of critical systems, data or vendors – includes tactical task lists for teams supporting critical business activities.

· Maintain all plans in Fusion GRC tool – integrate with tools like Everbridge and Confluence.

Testing

· Coordinate annual testing of the BCPs with all IBKR location leads, HR and Facilities

· Coordinate with the DR team in IT to ensure scope and timing of annual DR test - include all critical business activities and systems.

· Review results to check actual recovery times meet stated RTOs and MTDs.

· Coordinate with Data Governance and Compliance to ensure data recovery strategies (replication, backup and recovery) meet RPOs.

Integration

· Integrate the following programs:

• Incident management – work with TOPS to embed the list of business activities into their process to categorize incidents and notify relevant managers.
• InfoSec – work with InfoSec to embed the list of business activities into their process to categorize incidents and notify relevant managers.
• Disaster recovery – work with the DR team in IT to ensure that DR testing is in the context of business activities and includes all systems required to operate that business activity. Ensure that recovery plans and tests have targets and results that align to the MTD for the business activity.
• Third party service provider (TPSP) management – work with the TPSPM team in IT to ensure that vendors are mapped to business activities, critical vendors are identified, and plans are in place for loss of critical vendors.
• Operational & IT Risk – link RCSAs and system risk assessments to understand control environment to mitigate risk of disruptions to critical business activities.
• Infrastructure – build and maintain a link between the hardware and software inventories and work with Infrastructure to understand redundancy for critical infrastructure/hardware – build a list of single points of failure and determine cost/benefit of resolution.

Skills & Experience:

· Significant experience in business continuity or disaster recovery program at a finance, fintech or IT company.

· Deep understanding of global regulations on BCM, DR, Vendor Risk Management and OpRes, including DORA – theoretical and practical.

· Solid IT knowledge – must be able to be credible with IT management – including IT & cyber risks.

· Demonstrated ability to execute business impact analyses, build response and recovery plans and execute tests.

· Ability to take regulation and guidelines and present practical, value adding options for implementation.

· Experience using a GRC to manage data.

· Ability to work with multiple teams in IT and business to integrate related programs for reporting purposes.

· Problem solver, practical, relentlessly driven to succeed, excellent relationship manager.

Location and hours:

20 Fenchurch Street, London, EC3M 8AF

8 am – 5 pm, Monday–Friday

Benefits:

• Career support and development
• Salary commensurate with experience
• Performance-based discretionary cash bonus scheme
• Discretionary stock grant
• Group Life Assurance cover
• Group Income Protection
• Occupation pension scheme based on Gross earnings
• Hybrid working model
• Above statutory annual leave, increasing with service
• We currently offer daily company-paid lunch and healthy snack options throughout the day (when working from the office)
• Access to Private Medical Insurance, Dental Plan and/or Health Cash Plan (including dependants)*
• Corporate events
• Travel season ticket loans
• Cycle to work scheme.

*on successful completion of the probation period

Interactive Brokers is an Equal Opportunity Employer committed to offering employees a diverse, equitable and inclusive workplace.

If you have what it takes to become part of our London office team, please apply today!

Interactive Brokers (UK) values in promoting, monitoring, implementing best practices, policies and procedures and culture in adhering to and promoting the FCA Consumer Duty with the organisation.