MAIN OBJECTIVES
This role will be responsible for ensuring the banks ability to meet its regulatory obligations for operational resilience, maintaining continuity of operations, and safeguarding Important Business Services (IBS). This role involves developing, implementing, and overseeing operational resilience framework in compliance with Bank of England, Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).
The individual will work closely with business units, operations and technology teams to enhance the banks resilience posture, ensuring it can prevent, respond to, recover from, and learn from operational disruptions.
MAIN DUTIES
The core responsibilities will include:
Maintain an up-to-date understanding of regulatory expectations and evolving resilience standards.
Prepare and submit reports on operational resilience, control effectiveness, plans, implementation and testing to stakeholders and senior management.
Support Internal and external audits on operational resilience.
Identify and define Important Business Services (IBS) in collaboration with business and technology teams.
Assess, review and set impact tolerances for each IBS, ensuring they align with business and regulatory requirements.
Regularly test and validate impact tolerances to assess the banks ability to recover within defined limits.
Develop, test and refine Operational Resilience Framework, policies, procedures and test plans.
Develop, test and refine Business Continuity Management Framework, Crisis Management and Incident Response Plans.
Coordinate operational resilience testing exercises, including scenario testing, stress testing, and crisis simulations.
Monitor and report on operational incidents, ensuring lessons learned are implemented.
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