Head of Business Continuity & Crisis Management
ROLE:
Leads the development, execution and communication of strategy for relevant Group, Divisional and/or business areas for business continuity and crisis management. The key focus of the role is to lead the organisation in driving a positive and responsible approach to business continuity and crisis management in an environment of increasing regulatory and customer attention:
- Develop and oversee the embedding of a consistent crisis management framework across the group, including toolsets and plans
- Develop and implement a crisis threat monitoring capability and an operational crisis response capability for the group
- Lead the production of insightful scenario analysis to future-proof the organisation and ensure crisis plans are fit for purpose
- Identify and support de-risking activities where scenario and business impact analysis has identified risk
- Deliver strategic thinking for business continuity, tied closely to cyber risk, technology risk and overall operational resilience
- Provide a leadership role in the Technology Cyber and Resilience Risk team and broader Group Risk function
- Champion simplicity and transparency ensuring that Risks are managed well with clear reporting to and understanding at Executive level.
- Support the TCR & Group Risk brand in developing strong relationships with business stakeholders that fosters transparent and informed risk management and ownership
- Support good customer service and business resiliency through best practices that are proportionately applied and that in so doing meet regulatory expectations and requirements (where applicable)
Key Responsibilities- Operationalise a business continuity and crisis management framework that meets customer, market and regulatory expectations
- Provide Executive and Board Risk Committee papers on relevant topics, including strategic scenario analysis and recommendations
- Provide 2nd line oversight for Business Continuity and IT Disaster Recovery testing
- Deliver a group-wide Crisis Management framework and capability and supporting Business Continuity framework
- Act as lead coordinator for the Gold (Executive) crisis management team
- Implement and oversee a crisis training program that covers all levels of crisis teams and develops maturity in capabilities and incorporates stress testing of important business services and validation of business continuity plans
- Partner with the broader Technology Cyber and Resilience Risk team and Group Risk team to enhance and embed a first class business continuity framework and supporting toolsets
- Lead the facilitation of the Gold (Executive) crisis management team
- Partner with the first line teams to support their Business Continuity risk management programme including supporting their assessment, reporting and control programmes
- Review, challenge, and assist the first line of defense with their business continuity, IT disaster recovery and crisis management practices, providing guidance, training, and communication as needed
- Develop and embed business continuity policy through supporting first line accountable owners to develop, embed and maintain standards, procedures, and processes for the identification and management of risks
- Communicate business continuity, IT disaster recovery and crisis management related topics to all levels across the organisation including escalation of concerns where appropriate
- Report business continuity and IT disaster recovery risk matters and metrics into the governance structure including the Technology Cyber and Resilience Risk Committee and other regulated boards
- Drive quality in risk assessment, remediation and response activities
- Build and retain a high performing team with direct line management and matrix management of FTE and contract resources.
- Set and drive risk and controls agenda with input and feedback from senior stakeholders
- Establish strong working relationships with key stakeholders to foster the appropriate culture of robust and responsible risk management
- Influence existing teams to enhance their operational resilience and risk management culture and drive the success of key activities.
Candidate Profile / Key Skills- Demonstrated understanding and specialist expertise of the Business Continuity, Crisis Management, Operational Resilience and Technology Risk issues that a company like LSEG faces
- Substantial experience in business continuity, crisis management, risk, audit, or other control functions in the financial services industry, preferably in fintech/payments
- Can develop and maintain powerful relationships with business leaders (Executive level and below)
- A demonstrable track record of building and leading a team of Subject Matter Experts.
- Strong critical thinking, analytical, and data-driven skills
- The gravitas to engage EXCO members
- Excellent cross-functional collaboration skills
- An aptitude for working in a regulated environment and building business benefits of technology and resilience risk
- An ability to find solutions to complex and hard problems and turn incomplete, conflicting, or ambiguous inputs into solid action plans and in turn overseeing solution delivery
- The horsepower to work in an ambiguous, fast-paced environment and balance multiple priorities and workstreams
- Strong written and verbal communication skills-including the ability to communicate effectively with different stakeholders across the business, and create reports and presentations which simplify complex themes into understandable communications
- An ability to understand and interpret regulations and apply them in a practical manner in an operational environment