Business Continuity Analyst

Sumitomo Mitsui Trust Bank Limited New York Branch; New York (NY); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Paid Time Off

401(k) plan

Health insurance

Job summary

Sumitomo Mitsui Trust Bank Limited New York Branch is seeking an experienced Business Continuity Analyst at the Assistant Vice President level. The role requires leading resiliency initiatives, coordinating with stakeholders, and ensuring regulatory compliance for the New York Branch.

The AVP will manage the business continuity program, oversee drills and trainings, and support crisis management with leadership during emergencies, all while operating on a hybrid schedule with in-office presence

Qualifications

• Bachelor’s degree or equivalent with 5+ years of related experience in business continuity, disaster recovery, or cyber resilience planning.
• Understanding of financial institution operations, payment processes, treasury, lending, and regulatory expectations related to business continuity, operational resilience, and cyber resilience including AI related risks.
• Ability to independently lead medium-sized projects involving cross-functional stakeholders.

Responsibilities

• Lead and manage business continuity enhancement initiatives and remediation of identified gaps.
• Facilitate discussions among stakeholders to develop branch resiliency and update the business continuity team.
• Administer and improve the branch’s business continuity program and ensure regulatory compliance.
• Organize recovery tests, emergency notifications, and after-action reports to capture lessons learned.
• Develop schedules and materials for training and awareness on business continuity.

Skills

Analytical skills

Verbal skills

Written skills

Cross-functional leadership

Project leadership

Education

Bachelor’s degree or equivalent

Job description

This role is located in New York City and will require a hybrid work schedule of at least 2 days in office per week.

This role is for Assistant Vice President level candidates.

About the Bank

Sumitomo Mitsui Trust Bank, Limited was established through the merger of The Sumitomo Trust and Banking Co., Ltd with Chuo Mitsui Trust and Banking, Ltd. on April 1, 2012. We are one of the largest asset managers in Asia and number one among Japanese financial institutions by AUM, with approximately $850 Billion USD in AUM. The Bank provides an assortment of financial solutions and manages a broad spectrum of financial products across its global branches.

Department Overview:

The Americas Division ("AD") was established in the Sumitomo Mitsui Trust Bank, Limited, New York Branch) ("SMTBNY") to perform corporate functions and supervise U.S. entities. Established under the AD are the "Global Banking Unit ("GBU"), Americas Division" and "Global Markets Unit ("GMU"), Americas Division" which performs business functions. The Administration Department ("ADM") provides resources and various support services that facilitate the Branch’s flow of business in a cost-efficient way. ADM manages communication with Head Office and Branch departments on various issues, including the management of the disaster recovery process.

Your Role Overview:

The Business Continuity Analyst, Assistant Vice President, reports to the Business Continuity Coordinator in the Administration Department. This role requires a significant understanding of business continuity planning and crisis management methodologies. The business continuity analyst will maintain and improve the business continuity and crisis management functions of the New York Branch to ensure resiliency and compliance with regulatory guidance. The business continuity analyst will support preparation for and response to actual emergencies, able to assume leadership if needed.

Your Duties and Responsibilities

• Lead and manage business continuity enhancement initiatives, including process improvements, resiliency capability development, and remediation of identified gaps. Independently analyze resiliency issues and develop, elaborate, and implement practical solutions in coordination with business units and support functions.
• Work closely and facilitate discussions among stakeholders to develop the resiliency of the branch, updating the business continuity team on progress.
• Responsible for administering and improving the branch’s business continuity program, including:
• Ensuring that program components (Business Impact Analysis, Risk Assessment, plans, strategies, etc.) are current and effective.
• Ensuring compliance with applicable regulatory and internal business continuity and operational resilience requirements.
• Organizing business recovery tests and exercises, and completing After Action Reports which identify issues and lessons learned, including but not limited to:
• Work Area Recovery Site tests
• Emergency Notification System Tests
• Developing schedules and materials for business continuity training and awareness to ensure all staff is proficient in implementing business continuity plans.
• Revising and maintaining branch wide policy, procedures, and manuals as needed
• Reporting for executive management and the business continuity working group
• Administering and managing content on the Business Continuity SharePoint site
• Supporting the Crisis Management Team through preparing emergency communications, situational reports, ensure execution of action items, create post-incident reports.
• Performs other duties and responsibilities as assigned by management.

Your Qualifications

• Bachelor’s degree or equivalent with 5+ years of related experience in business continuity, disaster recovery, or cyber resilience planning
• Understanding of financial institution operations, payment processes, treasury, lending, and relevant regulatory expectations related to business continuity, operational resilience, and cyber resilience including AI related risks.
• Demonstrated ability to independently lead medium-sized projects involving cross-functional stakeholders include facilitation and influencing skills to challenge and gain consensus among stakeholders.
• Excellent analytical skills
• Excellent verbal and written skills
• Ability to interact and work efficiently and effectively with employees across the organization.
• Strong administrative skills, including effectiveness in developing project plans to achieve target dates.
• Strong and productive team player and comfortable working independently to meet tight deadlines
• Availability to provide 24x7 support during emergencies and significant disruption events.
• Professional designation – Certified Business Continuity Professional (CBCP, MBCI) is a plus.
• Prior business continuity experience in a financial institution is preferred.
• Experience managing disruptive events, including technical and cyber, is preferred

Why you should join SuMi Trust:

SuMi Trust embraces flexible ways of working when the business and role permits. We provide employees with a hybrid working model, allowing for in-office work and work from home. Our diverse and inclusive environment along with our global presence enables us to collaborate and communicate to meet our business needs. We believe that efficient teams need truth, loyalty, and a strong sense of purpose to balance risk and their targets. We make sustainable business decisions to improve our society and the world. We believe that each person brings a unique value that drives the business though their creativity and passion.

• The Employee Benefits package includes: Paid Time Off, medical, HSA, vision, dental, FSA, 401(k), profit sharing, legal plan, cancer indemnity plan, disability insurance, life insurance, employee assistance program, commuter benefits, business travel accident, paid volunteer day, paid memberships, paid seminars, and tuition assistance.
• We offer many socialization opportunities for wellness, financial wellbeing, runs/walks, team building, happy hours, and activities to support the Sustainable Developmental Goals.

Check out our LinkedIn for our employee experience: https://www.linkedin.com/company/smtbny

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SuMi Trust provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application