This position oversees UK Finance’s Sector Resilience team in its management of CMORG, its sector resilience and sector response priorities and key workstreams.
This includes thestrategic partnership with the Bank of England in running the CMORG Project ManagementOffice (PMO), which jointly manages and delivers industry priorities to enhance the resilienceof the sector.
The successful candidate will have a strong understanding of the resilience issues faced byfirms and the sector collectively, which crosses the domains of operational resilience, cyber,technology, third party, and business response and recovery. Therefore, this role comprises anunderstanding of the policy landscape, operationalisation of resilience capabilities, and projectmanagement skills to support the delivery of sector resilience improvement projects.
Key Responsibilities
- Manage the CMORG PMO, running it jointly via a strong collaborative relationship with theBank of England.
- Oversee the CMORG strategy and business plan to ensure it is focused on delivering keypriorities for the sector, including its resources and the PMO and exercising budgets.
- Lead the engagement and output of CMORG priorities to inform the evolution of its strategyand key deliverables. This includes interviewing CMORG members and key stakeholdersannually on CMORG performance, risks faced by the sector, and priorities for resilienceenhancements.
- Review and develop action plans to improve the operating effectiveness of CMORG based onCMORG member feedback and ensure that actions are prioritised accordingly to enhance thegovernance, agility, and delivery capability of CMORG.
- Lead the delivery of the Financial Market Infrastructure (FMIs) and Third-Party ResilienceProgramme, including the prioritisation of chosen FMIs and Third Parties, managing thesteering group and relationships with the chosen firms, and the application and output of theresiliency, contingency capabilities and testing findings.
- Support the delivery of Frontier AI-related resilience risk mitigation collective action, includingkey initiatives, communications and guidance for the UK financial services sector and thecollaboration between CMORG members and leading industry expertise.
- Lead the design, planning and integration of Critical Third Parties (and other third parties asappropriate) within CMORG’s collective action structures, and within the Sector ResponseFramework. This includes managing engagement groups with the third parties and workinggroups of financial services firms, and of key third parties to advise on the approach, alongsideauthoring and operationalising playbooks.
- Lead the maintenance, evolution and publication of CMORG’s Strategic Risk Register, whichprovides a collective basis for the risks posed to firms and the sector. This comprises inputsfrom CMORG’s Dynamic Scenario Library and Threat Monitoring workstreams, alongsideviews from the systemic firms, the Authorities, Government and the National Risk Register.
- Act as an advisory expert across workstreams as required, which may include guidingoutcomes of projects to support industry outcomes, and providing strategic direction on thelinkages between various domains such as resilience, sector response, cyber and third parties.
- Undertake support to coordinate other CMORG workstreams as required, which includesmanaging through its project lifecycle from business case, governance and delivery.
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