Operational Risk Management Department-Business Continuity Management VP

Bank of China USA; New York (NY); On-site; USD 110,000 - 230,000; Full time

Job summary

A leading bank is seeking a VP for its Operational Risk Management Department focused on Business Continuity. The role demands experience in BCM and crisis management, emphasizing training, policy alignment, and collaboration across departments to ensure the bank's resilience.

Qualifications

• 6-10 years of work experience in Business Continuity Planning.
• Solid knowledge in BCM, Crisis Management, and Disaster Recovery.

Responsibilities

• Lead/Assist with BC program and execution of lifecycle activities.
• Coordinate Business Impact Analysis (BIA) and Risk Assessment (RA).
• Develop/Coordinate enterprise-wide training plan for BCM Program.

Skills

Business Continuity Management

Crisis Management

Disaster Recovery

Education

Bachelor's degree

Job description

Operational Risk Management Department-Business Continuity Management VP

Join to apply for the Operational Risk Management Department-Business Continuity Management VP role at Bank of China USA

Operational Risk Management Department-Business Continuity Management VP

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Join to apply for the Operational Risk Management Department-Business Continuity Management VP role at Bank of China USA

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Overview

This position will interact with stakeholders across all departments and branches to maintain a sound Business Continuity (BC) Program for the Bank. The position will assist with the coordination of Business Impact Analysis (BIA), Risk Assessment (RA), and update of BC Plan, organizing BC testing, and updating all BCP related documents.

Responsibilities

Include but are not limited to:

BCM Governance and Lifecycle Management

• Lead/Assist with the coordination of BC program and execution of lifecycle activities to minimize the effects of business disruptions and fulfil regulatory and policy compliance requirements
• Lead/Assist with the update of BC program related policy and procedures, aligning with the regulatory requirements and industry best practices
• Lead/Coordinate Business Impact Analysis (BIA), Departmental Business Resilience Plan, Risk Assessment (RA) and Enterprise-wide Business Continuity Plan (BCP) update and help develop annual BCP testing plan. This includes updates to the BOCNY Pandemic Response Plan.
• Perform/document 2LoD review and challenge on the quality of the business BIAs/BRPs.
• Complete BCM-related reports where required, including developing and producing risk metrics/KPIs/KRIs and preparing risk committee reports and presentations
• Develop/Coordinate/deliver the enterprise-wide training plan for BCM Program
• Keep track of all regulatory updates and industry best practices for BCM Change Management
• Provide, as needed, assistance and SME input with other related functions review and requirements, such as Third Party Risk Management, Technology and Information Security Risk Management, Loss Event/Issue Management and RCSA.
  
  

BCM Testing

• Lead/Assist with BC-related tests in accordance to the BCP testing plan, including the annual BCP/disaster recovery, pandemic, satellite branch tests, tabletop exercises, etc. and liaison with the Chief Information Security Officer for cyber resilience test/exercises.
• Lead/Assist in drafting test plans and reports with test results
• Organize lessons learned and provide remediation requirements when necessary
• Report test results to risk committees
  
  

Incident and Crisis Management

• Assist with the maintenance of BOCNY’s resilience and viability before, during, and after an adverse event
• Coordinate with BCCs, BIRTs, CIRTs and related departments (i.e. information security) during other types of events (cyber security and pandemic) for immediate reaction and response as per the BC Plans including the BOCNY Pandemic Response Plan
• Assist with post incident review and identify follow-up or remedial actions, as required
  
  

Special Assignments

• Complete related special projects/tasks assigned by department head or the BCM lead
  
  

BSA/AML, Compliance, and Talent Management

• Complete required BSA/AML, and other compliance trainings as provided
• Beware of BSA/AML issues, provide risk warnings to FLU and IRM when noticed
• Complete all other trainings as required (on the job, or others)
  
  

Qualifications

• Bachelor’s degree is required
• 6 - 10 years of work experience in Business Continuity Planning
• Solid knowledge in Business Continuity Management/Crisis Management/Disaster Recovery
• DRII/CBCP, BCI/MBCI certifications are preferred, but not required
  
  

Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.

USD $110,000.00 - USD $230,000.00 /Yr.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking

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