Operational Risk Management Department-Business Continuity Management AVP

Introduction

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Overview

This position will interact with stakeholders across all departments and branches to maintain a sound Business Continuity (BC) Program for the Bank. The position will assist with the coordination of Business Impact Analysis (BIA), Risk Assessment (RA), and update of BC Plan, organizing BC testing, and updating all BCP related documents.

Responsibilities

Include but are not limited to:

BCM Governance and Structure

• Assist with the coordination of BC program and execution of lifecycle activities to minimize the effects of business disruptions and fulfil regulatory and policy compliance requirements
• Assist with the update of BC program related policy and procedures
• Coordinate BIA, RA, and BC Plan updates across BOCNY. This includes updates to the BOCNY Pandemic Response Plan
• Complete BCM-related reports when required, including risk committee reports and presentations
• Coordinate and assist with training plan for BC Program
• Keep track of all regulatory updates and industry best practices for BCM
• Provide, as needed, assistance with other risk related functions review and requirements, such as Third Party Risk Management, IT Risk Management, Information Security, Issue Management and RCSA for instance.

BCM Testing

• Assist with the organization of BC-related tests, including disaster recovery, pandemic, system, satellite branch tests, etc.
• Assist in drafting test plans and reports with test results
• Organize lessons learned and provide remediation requirements when necessary
• Report test results to risk committees

Incident and Crisis Management

• Assist with the maintenance of BOCNY's resilience and viability before, during, and after an adverse event
• Coordinate with IMT and related departments (i.e. information security) during other types of events (cyber security and pandemic) for immediate reaction and response as per the BC Plans including the BOCNY Pandemic Response Plan
• Assist with post incident review and identify follow-up or remedial actions, as required

Special Assignments

• Complete related special projects/tasks assigned by department head

BSA/AML, Compliance, and Talent Management

• Complete required BSA/AML, and other compliance trainings as provided
• Beware of BSA/AML issues, provide risk warnings to FLU and IRM when noticed
• Complete all other trainings as required (on the job, or others)

Qualifications

• Bachelor's degree is required
• 5 - 10 years of work experience in Business Continuity Planning
• Solid knowledge in Business Continuity Management/Crisis Management/Disaster Recovery
• DRII/CBCP, BCI/MBCI certifications are preferred, but not required

Pay Range

Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

USD $65,000.00 - USD $150,000.00 /Yr.