Operational Risk Management Department-Business Continuity Management VP Team Lead

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

Job summary

Join a leading financial institution as a VP Team Lead in the Operational Risk Management Department. You will oversee the Business Continuity Management program, ensuring compliance and effective risk assessment across multiple departments. This strategic role demands extensive experience and a robust understanding of BCM practices to safeguard operations against potential disruptions.

Qualifications

• 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.

Responsibilities

• Lead the BC program and lifecycle activities.
• Coordinate BIA, RA, and BC Plan updates.
• Maintain resilience and viability before, during, and after an adverse event.

Skills

Business Continuity Management

Crisis Management

Disaster Recovery

Education

Bachelor’s degree

Tools

BCP software

Job description

Operational Risk Management Department-Business Continuity Management VP Team Lead

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

Operational Risk Management Department-Business Continuity Management VP Team Lead

1 week ago Be among the first 25 applicants

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

Get AI-powered advice on this job and more exclusive features.

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 lead 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 Structure

• Lead the BC program and lifecycle activities to minimize the effects of business disruptions and fulfil regulatory and policy compliance requirements
• Lead the update of BC program related policy and procedures
• Coordinate BIA, RA, and BC Plan updates across BOCNY. This includes updates to the BOCNY Pandemic Response Plan
• Complete BCM-related reports when required, including risk committee reports and presentations
• Lead the development and launch of training plan for BC Program
• Keep track of all regulatory updates and industry best practices for BCM
• Collaborate with other risk related functions review and requirements, such as Third Party Risk Management, IT Risk Management, Information Security and RCSA for instance as a BCM subject matter expert
  
  

BCM Testing

• Lead the organization of BC-related tests, including disaster recovery, pandemic, system, etc.
• Lead and provide guidance 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

• Lead the maintenance of BOCNY’s resilience and viability before, during, and after an adverse event
• Coordinate with IMT 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
• Conduct post incident review and identify follow-up or remedial actions, as required
  
  

Special Assignments

• Complete related special projects/tasks assigned by department head
  
  

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
• C omplete all other trainings as required (on the job, or others)
  
  

Qualifications

• Bachelor’s degree is required
• 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

  Executive

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking

Referrals increase your chances of interviewing at Bank of China USA by 2x

Sign in to set job alerts for “Operational Risk Specialist” roles.

New York, NY $110,000.00-$130,000.00 5 days ago

Global Banking & Markets, Operational Risk and Resilience, Associate - New York

Compliance/AML/KYC Risk Assessment Analyst

New York City Metropolitan Area $65,000.00-$85,000.00 1 week ago

New York, NY $118,000.00-$172,000.00 1 week ago

New York City Metropolitan Area 1 week ago

New York, NY $117,400.00-$224,700.00 2 weeks ago

Senior Analyst, First Line Operational Risk and Resilience

New York, NY $69,400.00-$129,000.00 6 days ago

New York, NY $90,000.00-$100,000.00 5 days ago

New York City Metropolitan Area 1 week ago

New York, NY $95,000.00-$110,000.00 3 hours ago

Ice Cream Regional Insurance & Risk Manager - Americas

Englewood Cliffs, NJ $99,760.00-$149,640.00 1 week ago

New York, NY $120,000.00-$160,000.00 6 days ago

New York, NY $160,000.00-$200,000.00 1 week ago

Englewood Cliffs, NJ $60,000.00-$70,000.00 6 days ago

Risk Analyst - Prestigious Hedge Fund - $250k+ total comp package

New York City Metropolitan Area 3 weeks ago

New York, NY $120,000.00-$160,000.00 1 hour ago

Bank Debt Advisory and Liability Management Associate

New York City Metropolitan Area $100,000.00-$150,000.00 6 hours ago

New York City Metropolitan Area $115,000.00-$155,000.00 3 weeks ago

Brooklyn, NY $85,000.00-$100,000.00 1 day ago

New York, NY $150,000.00-$180,000.00 1 month ago

New York, NY $70,000.00-$75,000.00 2 days ago

Analyst, Multinational Banking - New York, NY

New York, NY $175,000.00-$300,000.00 1 day ago

New York City Metropolitan Area $85,000.00-$130,000.00 8 hours ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.