Business Continuity Consultant

Bank of America•Newark, NJ
•Onsite

About The Position

The Business Continuity Consultant provides consulting on corporate business continuity topics and recommends and implements solutions to protect the bank’s assets. The role supports or leads continuity initiatives and ongoing activities, including scenario analysis, plan development, testing, event management, and progress reporting and measurement. It also provides subject matter consulting support for audit and regulatory matters as needed. The consultant works with Global Technology (GT) subject matter experts to assess recovery risks and develop solutions that minimize risks associated with disruptions. The role helps ensure GT can respond to disruptions and recover critical business functions in a timely manner, leads response teams during continuity events, and evaluates the effectiveness of continuity plans and processes. Based in Richmond, Virginia, this is a first-shift role with 40 hours per week. Bank of America describes an in-office culture with flexibility based on role responsibilities and business needs.

Requirements

  • At least 2 years of experience with Global Technology risk frameworks and methodologies.
  • Strong understanding of business continuity laws, rules, regulations, and internal Bank policies.
  • Strong analytical skills and ability to assess complex situations, develop effective solutions, and make informed decisions during an event or crisis.
  • Excellent communication and interpersonal skills, including ability to collaborate with diverse teams and stakeholders.
  • Excellent project management skills, including ability to prioritize work and meet deadlines.
  • Strong business-centric mindset, sound business judgment, and ability to tailor approaches to drive optimal business outcomes.

Nice To Haves

  • Proficiency in Microsoft Office Suite.
  • Proficiency in business continuity planning (BCP) software and tools.

Responsibilities

  • Work closely with Global Technology subject matter experts to understand processes, assess recovery risks, and provide solutions to manage and minimize disruption risks.
  • Help ensure Global Technology is prepared to respond to disruptions and recover critical business functions in a timely manner, minimizing operational, financial, and reputational impacts.
  • Serve as a response team lead during continuity events, coordinating mitigation and recovery efforts to maintain continuity of Global Technology operations.
  • Conduct current-state, risk-based assessments to develop business continuity management strategies and monitor their effectiveness after implementation.
  • Evaluate plans, processes, and programs at the assigned organizational level and assess progress toward identified objectives.
  • Implement, monitor, and modify procedures for incident response and the continuation of critical business services, based on testing, exercises, or actual events.
  • Support business continuity plan testing to assess readiness, identify deficiencies, and promote enhancements.
  • Identify, validate, and escalate business continuity readiness gaps to senior management and second-line partners.
  • Provide subject matter consulting support in audit and regulatory matters as needed.

Benefits

  • Industry-leading benefits.
  • Paid time off.
  • Resources and support for employees.
  • Eligible to participate in the annual discretionary incentive plan, with awards based on individual performance and behavior, line-of-business or group performance and contributions, and overall company success.
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