Job Description
Responsible for the ongoing, independent oversight of highly complex business continuity compliance activities and recovery management governance for an assigned function and in preparation for potential crises and technology and information losses, among other risks. Advises and assists the assigned function with the assessment of and monitoring and reporting on key indicators of business continuity and recovery preparedness. Uses extensive industry experience to anticipate both standard and non-standard business continuity risks and appropriately lead the function's activities to address any control gaps. Leads and supports the business line managers via the cross company Business Recovery Coordinator network to ensure the company is meeting both client and regulatory requirements related to Business Continuity. This includes providing training and awareness on required deliverables, tracking and monitoring for completion, conducting quality assurance reviews and reporting back to management, regulators and the Board of Directors, as required.Leads the assigned function's identification of risks to functional resilience and completion of test recoveries and relocations as required by all applicable regulators and legal entities. Advises the function on the completion of responsibilities in relation to required test recoveries and relocations and develops projects and programs to improve compliance. May complete similar tasks for vendor continuity. Evaluates and refreshes testing protocols each year in response to personnel changes, among others. Consistently leads cross-functional efforts to promote a strong Business Continuity & Recovery culture throughout the organization. Directly contributes to the drafting of the master resolution and recovery playbook for the organization, including documenting actions to be taken in the event of a crisis or bankruptcy. Maintains knowledge of industry best practices in order to anticipate critiques from regulators and recommends process and documentation changes. Meets with and presents to potential and existing clients on an ongoing basis. Uses longstanding, strong working relationships with existing clients to ensure the completion of business continuity compliance activities when clients are in the process of purchasing new services or conducting due diligence required by their vendors. Assigns compliance activities to more junior professionals. Escalates significant business continuity issues to the Business Continuity Executive Committee. Works through client contracts with legal representatives to make highly complex adjustments and/or work out whether client contract risks are tolerable for the organization. Responsible for managing the crisis management system, planning strategies for completing required documentation and ensuring more junior professionals are completing weekly refreshes of the automated calling system.No direct reports,, provides guidance to more junior team members and assigns tasks. Contributes to the achievement of team objectives. Modified based upon local regulations/requirements.Bachelor's degree or the equivalent combination of education and experience is required. 12-15 years of total work experience preferred..
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.
Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
