At a Glance
- Tasks: Strengthen the bank's operational resilience and ensure compliance with regulatory standards.
- Company: Join a leading bank focused on innovation and resilience.
- Benefits: 25 days annual leave, private medical insurance, and hybrid working options.
- Other info: Dynamic environment with opportunities for training and career growth.
- Why this job: Make a real impact in a critical role that enhances the bank's ability to recover from disruptions.
- Qualifications: 4+ years in business continuity or operational resilience, preferably in financial services.
The predicted salary is between 63000 - 77000 £ per year.
We're looking for a skilled and proactive specialist in Operational Resilience to join our team and play a critical role in strengthening the bank's ability to withstand and recover from disruptions.
This position is central to ensuring our compliance with the stringent operational resilience requirements set by the Bank of England, Financial Conduct Authority (FCA), and Prudential Regulation Authority (PRA).
You'll be instrumental in developing, implementing, and continually refining our operational resilience framework .
Working closely with various business units, operations, and technology teams, you'll enhance our resilience posture, empowering the bank to effectively prevent, respond to, recover from, and learn from any operational disruption.
What You'll Do
- Prepare and submit reports on operational resilience, control effectiveness, plans, implementation and testing to stakeholders and senior management.
- Own the coordination of internal and external audits on operational resilience, providing evidence packs and tracking findings and actions through to closure.
- Regularly test and validate impact tolerances to assess the bank's ability to recover within defined limits, producing test evidence, results analysis and remediation plans for any breaches.
- Develop, test and refine Business Continuity Management, Incident and Crisis Management and Incident Response Plans.
- Coordinate operational resilience testing exercises, including scenario testing, stress testing, and crisis simulations.
- Monitor regulatory developments and evolving resilience standards and translate emerging requirements into updates to the Operational Resilience Framework, policies and procedures.
- Monitor and report on operational incidents, maintaining a lessons-learned register and tracking remediation actions through to closure.
- Assess and oversee the operational resilience of third-party service providers, including cloud and payment service providers.
- Act as the primary liaison with IT for disaster recovery planning, testing and execution, and work with IT and cyber security teams to ensure technology resilience and cyber threat mitigation strategies are aligned with operational resilience objectives.
- Assess and document the resilience impact of cloud adoption and payment scheme changes (e. g. CHAPS, FPS, SWIFT, etc.), producing resilience impact assessments for sign-off.
- Collaborate with key stakeholders across risk, compliance, operations, IT and business functions to embed resilience principles.
- Develop and deliver operational resilience awareness training and communications to staff, stakeholders and senior management.
- Key Deliverables
- The job holder owns and maintains the following as evidence of control effectiveness:
- IBS register and impact tolerance workbook, version-controlled and kept current.
- Scenario and impact tolerance test reports, including results analysis and remediation plans for any breaches.
- BCM, Crisis Management and Incident Response plans, tested and refreshed on an agreed cycle.
- Third-party resilience assessments for cloud and payment service providers.
- Operational resilience MI packs for OPCO and other committees as requested.
- Audit evidence packs and action trackers, maintained through to closure.
- Incident lessons-learned register and remediation tracker.
- Training completion records evidencing resilience awareness across staff, stakeholders and senior management.
4+ years of experience in managing business continuity, IT disaster recovery or operational resilience.
Experience within financial services sector, preferably in a bank or regulated entity.
Knowledge and understanding of PRA, FCA and Bank of England regulations on operational resilience, including SS1/21 and PS6/21.
Strong knowledge and experience in BCP, disaster recovery, incident management, and crisis response.
Strong risk management knowledge and experience in conducting risk assessments, impact tolerances, scenario testing and developing resilience metrics.
Degree in IT, Cybersecurity or equivalent and/or relevant and specialized skills and certification in business continuity, IT disaster recovery, operational resilience.
Technology-centric training and certification is an advantage.
- 25 days annual leave entitlement plus 8 bank holidays
- Pension scheme, 4% employer contribution
- Private Medical Insurance
- 60-40 Hybrid working after successful probation period
- Training and development
- Free gym access in the building
- #J-18808-Ljbffr
Senior Executive Operational Resilience employer: iFAST Global Bank Ltd
As a leading bank, we pride ourselves on fostering a dynamic and inclusive work environment that prioritises employee growth and well-being. Our commitment to operational resilience not only strengthens our organisational capabilities but also empowers our team members through comprehensive training, competitive benefits, and a supportive culture that values collaboration and innovation. Join us in a role that is pivotal to our mission, where you can make a meaningful impact while enjoying a healthy work-life balance with hybrid working options and access to excellent facilities.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Executive Operational Resilience
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like iFAST Global Bank Ltd. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Executive Operational Resilience
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to iFAST Global Bank Ltd.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on iFAST Global Bank Ltd's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at iFAST Global Bank Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with iFAST Global Bank Ltd.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at iFAST Global Bank Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former iFAST Global Bank Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
