Senior Business Continuity Advisor

RBC • Jersey City, NJ

11d • $100,000 - $115,000 • Onsite

About The Position

As a key contributor of operational risk management that strengthens operational resilience and trusted partner, the Business Continuity Management (BCM) Advisor is responsible to provide subject matter expertise and working directly with RBC CM, LLC, Business Units. This role ensures all Business Lines meet the maximum level of preparedness through conducting business impact analyses, developing business continuity plans, and testing strategies/ workarounds. The incumbent is responsible for conforming to RBC’s Enterprise Business Continuity Risk Management (EBCRM) Standard, operational risk practices, FFIEC, FINRA, and OSFI E-21 Guideline, and industry standards to mitigate business continuity risk and coordinate tactical strategies to achieve these. The BCM Advisor also supports Business Units during disruptive events.

Requirements

• 2-4 years of relevant work experience
• Must be able to work on-site in Jersey City office
• Strong verbal and written communication skills
• A high level of attention to detail
• Ability to manage multiple competing priorities and thrive in a fast-paced and challenging environment
• Value and possess strong competency in the following behaviors: Collaboration, Relationship Building, Communication, Integrity and Operating with Diverse and Inclusive Mindset
• The ability to perform effectively in a team environment and excel under pressure amid demanding deadlines
• Well-rounded set of interests and extra-curricular activities beyond academics

Responsibilities

• Provides subject matter expertise and work directly with RBC Capital Markets Business Units regarding all requirements in the Enterprise Business Continuity Risk Management (EBCRM) Standard. Specifically, new or existing business impact analysis (BIA), business continuity planning, and exercises.
• Complete Business Impact Analysis (BIA) to identify all requirements to understand the impact of process and key dependency failures.
• Develop Business Continuity Plan (BCP) and document recovery strategies and workarounds.
• Conducts BCM exercises to validate planning assumptions and test controls (including work area recovery, contact exercises and simulations as required)
• Perform internal business continuity risk controls through timely scheduling, completion and quality of BCRM requirements outlined in the EBCRM Standard. Retain responsibility to ensure that all approvals are obtained. Where applicable, escalate roadblocks in a timely fashion.
• Identify RBC CM, LLC Business Unit recovery time and point objective gaps, challenge business requirements where appropriate and assist in developing workarounds.
• Collaborate with the Business Unit BCM Coordinator, BCM Central Team and IT Risk to identify, track, and approve remediation decision on RBC Business Unit RTO and RPO gaps.
• Work with RBC CM, LLC Third-Party Risk Team to review exit strategies and document manual workarounds and / or alternate methods of processing for loss of critical suppliers.
• Manage and support work area recovery sites with BCM Central Team and where appropriate, with BCM Coordinators in RBC CM, LLC Business Units.
• Support RBC CM, LLC Business Units in preparing for and responding to incidents or crisis, and acts as Secretary to the Business Line(s) and Regional Incident Management Teams.
• Conduct Post Incident Reviews, if IMT if activated, as appropriate.
• Remediate known gaps, issues, risk acceptances, and action plans to conclusion and escalate systemic or material gaps through issue management to Senior Manager, Business Continuity Risk.
• Contribute to the monitoring and risk reporting processes for RBC CM, LLC Business Units, where applicable.
• Support the delivery of training to RBC CM, LLC Business Units, promoting understanding of key components and core BCRM artifacts and activities (e.g., BIA, Threat Risk Assessment, BCP Exercising), and their respective roles and responsibilities (e.g., activating the BCP, strategies addressing loss of key employees, interdependencies, disruption impacts).
• Lead, conduct and participate in training through exercise types that validate plans and assumptions by exercising the interactions of people, processes, and technology risks and vulnerabilities in a consequence-free environment.
• Retain all business continuity related documents including BIA, Threat Risk Assessment, BCP and exercise evidence and make available upon request.
• Support first line projects, initiatives and engagements including remediation of gaps identified through Operational Resiliency Scenario Testing.
• Remain apprised of environmental and potential business impacting BCM related risks.
• Adhere to FFIEC, FINRA, and OSFI E-21: Operational Risk and Resilience Guideline requirements.
• Build relationships and encourage collaboration across the greater ORM community in both segments, and with the business risk management teams.
• Support a strong culture of risk and integrity through effective challenge and deep partnerships to promote transparency of risks and matters requiring escalation.
• Willingness to learn and foster an environment of continuous growth.
• Consistently demonstrate behaviors that foster a sound and sustainable risk culture and environment across the organization including strong awareness of BCM practices.

Benefits

• bonuses
• flexible benefits
• competitive compensation
• commissions
• stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to building close relationships with clients
• 401(k) program with company-matching contributions
• health, dental, vision, life and disability insurance
• paid time-off plan

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed