New York City, NY, United States
Business Continuity Officer-AVP - Corporate Group','258350','Federal Reserve Bank of New York','NY-New York City','','Full-time','Regular','Exempt','Exempt','Experienced','','','Yes, 5 % of the Time','Day Job','','','','','','','','!*!At the Federal Reserve Bank of New York, the work we do is consequential and challenging. Our environment encourages growth and diversity. Our employees flourish in a team-oriented atmosphere and are dedicated to the important mission of the New York Fed.
Who we are:
The Corporate Group is dedicated to being a trusted, strategic business partner to clients Bank wide. The Group delivers a broad range of innovative, impactful solutions that foster the Bank's ability to meet its mission. The Corporate Group is aligned across its functions to provide superior services and value-added resource and financial management that seamlessly support our clients' and the Bank's objectives.
What we do:
Enterprise Services & Resiliency Planning (ESRP), provides a full range of general services to the Bank that are aligned with business needs and focused on risk management, efficiency, customer service, and cost effectiveness. Our responsibilities fall under 2 key areas, Business Services and the Business Continuity Office.
The Business Continuity Office (BCO) supports the Bank’s ability to effectively manage business continuity and resiliency in the face of an ever evolving risk and threat landscape. Business Continuity Management (BCM) is an enterprise-wide discipline to manage business continuity risks before, during and after a disruption. BCM is inclusive of a wide range of activities such as business continuity plan development, crisis management, and testing of business continuity plans. While different business areas may be responsible for different aspects of BCM, the discipline is inclusive of them all. When taken together, BCM activities ultimately contribute to the Bank’s preparedness and resilience. The BCO is a second line of defense risk management function that facilitates independent assessment of the Bank’s business continuity risk management profile and associated risk management practices. It supports the Bank’s Management Committee and Bank-wide business continuity risk management councils and forums.
Your role as a Business Continuity Officer:
The Business Continuity Officer is an individual with the background and interest in business continuity management. Additional experience in overall organization strategy and strategic planning is a plus. The selected individual must have strong collaboration skills and the ability to provide coverage and lead efforts related to the Bank’s response to a potential contingency event or threat. The Business Continuity Officer must also have the ability to think strategically and provide recommendations supported by sound judgment.
Directs the overall efforts and processes of the organization-wide business continuity risk program (BCP) in the district: (1) Investigates, proposes solutions, and manages the process relating to the implementation of the BCP, includes developing and managing project plans, facilitating workgroups and Management Committee discussions, developing proposals, etc. (2) Oversees the design, development, maintenance and testing of business continuity plans for critical functional areas of the organization. (3) Oversees the Bank’s business continuity risk assessment and business impact analysis process. (4) Participates in strategic planning for the BCP and plans the activities of the program.
Works with the head of the function to lead efforts related to the Bank’s response to a potential contingency event or threat, e.g., operational support for the Incident Response Team (IRT) and Management Committee, including management of the command center sites. Collects and reports on metrics that are specific to a contingency event as it unfolds. Ensures 24x7 incident management coverage is available.
Conducts After Action Reviews (AAR) following disruptive events to synthesize key learnings and develop guidance and recommendations to reduce risk, improve readiness and implement improvements going forward.
Works with the head of the function to lead ongoing discussions of current and emerging contingency topics/risks with the Management Committee, the Business Continuity Leadership Team (BCLT) and Emergency Response Work Group (ERWG).
Collaborates with aforementioned teams, groups, business area management and business continuity liaisons to identify, monitor, plan for, gain insight and report on business continuity related risks that could impact the Bank.
Directs the coordination of compiling, analyzing and reporting yearly compliance and certification of business continuity requirements by business areas to Senior Management.
Forges strategic external partnerships with law enforcement, government, financial sector and industry partners to gain insight into business continuity risks.
Directs the maintenance and administration of applications, tools and repositories used to support business continuity activities.
Directs, facilitates and develops crisis management exercises and continuity awareness initiatives throughout the District. Provides direction and recommendations to Senior Management during simulation exercises, testing and real crisis events.
Provides consultation as needed with Reserve Bank business areas, Product Offices and other Federal Reserve System (System) entities on business continuity planning related issues.
Leads, directs and/or participates on high-level District and System work groups and special projects; includes as the Bank’s representative on the Conference of First Vice Presidents Subcommittee on Business Continuity (SBC).
Participate on and lead ad-hoc assignments.
Manages a team of 4 to 6 junior and senior staff.','!*!What we are looking for:
Bachelor’s Degree required, advanced degree a plus;
10 years of relevant experience
Experience in business continuity required;
Ability to pass and maintain national security clearance required;
Twelve to fifteen years of relevant experience preferred, which includes managing complex programs and developing or leading a team;
Certified Business Continuity Planning (BCP), Continuity of Operations (COOP) or other industry recognized equivalents highly desirable;
Ability to think strategically and provide recommendations supported by sound judgment;
Experience participating on and leading teams to deliver high quality products and reports containing complex analysis, under tight timeframes: (1) Excellent project management skills with a strong ability to execute projects successfully by setting goals, demonstrating superior project planning, managing competing priorities and communicating decisions and strategic information to the team and management; (2) Strong analytical skills to guide staff in assignments while exercising appropriate judgment to ensure efficient and timely results;
Superior ability to assess broad-based business impacts and identify risk trends, challenges, and opportunities by assimilating new information, understanding complex topics, executing sound judgment, developing conclusions and making recommendations in a timely manner;
Demonstrated superior interpersonal skills with a strong ability to handle opposition constructively and interact with tact and diplomacy at all times. This includes working with stakeholders from across the organization collaboratively and constructively to leverage insights of cross-functional teams of risk specialists, including building and maintaining strong partnerships;
Managerial and motivational skills to (1) supervise and direct activities of direct reports as well as translate organizational strategy into purposeful work, (2) influence the activities of FRBNY and FRS leaders assigned to other organizational units, (3) orchestrate team efforts to provide high quality deliverables, and (4) ensure that strategic business goals are met by the program’s deliverables;
Strong ability to effectively communicate and interact with all levels of the organization, lead concise and effective discussions, and formulate and deliver clear presentations, adapting them as necessary to each audience;
Initiative and ability to self-start, self-manage, organize efforts independently, and make timely and effective decisions with demonstrated ability to take initiative to manage multiple and simultaneous projects independently, producing results under tight time constraints and with rapidly evolving priorities.
TravelThe individual will primarily work on-site at the Federal Reserve Bank of New York’s Head Office but may also be able to work on-site at the East Rutherford Operations Center. Travel, though infrequent, may be needed to attend System meetings, such as with the SBC.
US Security Clearance: Must be able to obtain U.S. Security clearance, which includes verification of U.S. citizenship.
Screening Requirement: This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance. The screening is in areas such as education/employment verification, criminal history, credit history, and outreach to personal and professional references that you have provided during the pre-employment process.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
Why the Fed:
Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You'll work in an environment with a diverse group of talented professionals to foster and support the safety, soundness, and vitality of our economic and financial systems. It's a challenge that demands the skills of a financial services professional and the intellectual curiosity of an academic—all combined with a passion for public service.
The Federal Reserve Bank of New York is committed to a work environment that respects and fully values the strengths and differences of its people. Working at the New York Fed provides talented professionals the chance to grow their skills at an institution that has served a critical role in the financial system of the United States and the world for over a century. An important component of the Bank’s diversity effort is our partnership with several professional non-profit organizations, including INROADS, JumpStart Advisory Group, NBDC Emerging Leaders, Seizing Every Opportunity, National Black MBA, Out for Undergrad, Prospanica and Reaching Out MBA. Click here to learn more.','Business Continuity Officer-AVP - Corporate Group