10 Oct
Oliver James Associates
City of London
Your new role:
- Developing and implementing business continuity plans for the loss of critical 3rd parties across all areas of European operations in line with DORA and UK Regulators expectations.
- Collaborating with functional teams to conduct 3rd party business impact analysis, and scenario planning to identify vulnerabilities and potential threats to critical business functions
- Developing and implementing comprehensive business continuity and ensuring exit plans meet business expectations, ensuring alignment with EU regulatory requirements and industry best practices
- Evaluating and enhancing the effectiveness of existing resilience plans and processes, making recommendations for improvements
- Designing and conducting testing,
training, and simulation exercises to validate the effectiveness of continuity plans and enhance organisational readiness
- Serving as liaison with external partners, vendors, and relevant stakeholders to align continuity efforts and maintain external dependencies
- Incorporating lessons learned from incidents and industry developments
- Providing regular reports to senior management on the status of 3rd party business continuity initiatives and recommended improvements
- Continuously monitoring emerging risks and industry trends, adapting resilience strategies to evolving threats and business needs
- Work closely with internal stakeholders to identify business requirements and impacts of third-party failures
- Collate existing artefacts and populate exit and contingency plan templates
- Facilitate business workshops to identify workarounds to the temporary or permanent loss of a key third party
- Document workarounds in the overarching exit and contingency plan
- Identify any potential gaps in continuity planning and escalate as required
- Report progress via robust tracking into the project steering group
About you:
- Experience in business continuity, operational resilience, or emergency response planning is essential
- Ability to influence and manage relationships with key stakeholders including challenging where required
- Excellent interpersonal and communication skills, written and verbal
- Ability to assess information and identify gaps/areas for improvement
- A self-starter with excellent organisational skills including workload planning and measurement
- Ability to work under pressure to stretching targets
- 3+ years of experience in business continuity or operational resilience
- A strong understanding of regulatory requirements,
industry standards, and best practices related to operational resilience and continuity planning
- Excellent analytical, problem-solving, and decision-making skills
- Excellent communication, negotiation, and stakeholder management abilities
- Proficiency in relevant tools and technologies used for risk assessment, resilience, and continuity planning
- An ability to work alone to ensure deliverables meet requirements
Nice to have
- A relevant certification (e.g. CBCP, ABCP)
- An understanding of FusionRM
Additional info:
- Need to know what DORA is, not necessarily worked on it
- Need an exit plan for 30 suppliers written from the business perspective
- Need to be really hands on and in the detail
- Engage with senior stakeholders and influence them to make sure this is a priority and challenge them
- This is not a strategic role
- Need to be a self-starter, problem solver etc.
- Need to be on a short notice or no notice
▶️ Third Party Risk Consultant - Ops Risk/Business Continuity
🖊️ Oliver James Associates
📍 City of London