Business Continuity Analyst

Orchard Recruitment Ltd

Our leading Financial Services Sector Client are seeking an experienced Business Continuity Analyst as they undergo a period of tremendous growth, coupled with an challenging transformation programme.

Note – this role is based on the Isle of Man, so requires candidates to either be based on the island currently or be open to relocation.

The Business Continuity Analyst will be responsible for developing, implementing, coordinating and maintaining comprehensive business continuity and disaster recovery plans to ensure the resilience and continuity of the organisation operations in the event of an unforeseen disruption. Working closely with the IT Resilience Analyst, and business units, the role will involve assessing risk, designing recovery strategies, to mitigate potential impacts, customer detriment and minimize downtime.

Duties will include:

• Working with all business units, identify and assess any potential risks and vulnerabilities that could disrupt business operations, including natural disaster, cyber threats, pandemics, reduction in staff, failure of key third party providers, and other emergencies
• Using the information collected during the completion of the BIRA, determine the potential effects of various disruptive scenarios on the organisations operations, financial stability and reputation
• Working with all business units, develop and document detailed business continuity plans, outlining procedures and protocols for responding to, and recovering from disruption
• Working with the IT Resilience Analyst develop and document detailed IT disaster recovery plans outlining procedures and protocols for responding to, and recovering from disruptions
• Working with relevant stakeholders to implement and regularly test, demonstrate and record, the effectiveness of business continuity planning, ensuring that they align with industry best practices and regulatory requirements for the jurisdictions the company operates in
• Collaborate with the various business units to raise awareness of business continuity protocols and provide training to ensure staff understand their roles and responsibilities in the event of a crisis
• Monitor and review existing business continuity plans, identify areas for improvements and make recommendations for enhancing the organisations resilience to potential threats
• Horizon scanning any analysis to business continuity regulations relevant in various jurisdictions
• Establish communication channels and coordinate with internal and external stakeholders (in conjunction with the Vendor Managers) to ensure a coordinated response to disruptions, including maintaining relationships with external partners and emergency services
• Working closely with the Head of Operations, help develop and implement a business incident management framework to dovetail with the IT Major Incident Management framework. This should include BIRA, BCP and the organisation’s Incident Management Control Team
• Under direction of the Head of Operations be a point of contact during incidents, assisting with communications and actions
• Liaise closely with the IT Major Incident Management taking into account the type of incident and who will lead, etc.
• Collaborate with relevant departments to ensure a swift and effective response to incidents
• Support the Head of Operations in the coordination of the incident response team, ensuring adherence to established protocols
• With the exception of IT related incidents, ensure post incident reviews involving stakeholders from across the organisation.Following review, produce a detailed report, including action and recommendations. Ensure all actions and recommendations are completed and introduced as appropriate

The ideal candidate for the role of Business Continuity Analyst will have:

• Professional certifications in business continuity management is desirable (e.g. MBCI)
• Proven experience in business continuity, disaster recovery, or risk management, preferably in a regulated financial services environment, minimum of 3 years is desirable
• Strong analytical and problem-solving skills, with the ability to conduct risk assessments and business impact analyses, and able to proficiently analyse incidents, identifying root causes and implementing corrective actions
• Technical knowledge in relation to IT systems, cybersecurity and business continuity planning
• Knowledge of relevant regulations, standards and best practices in business continuity and disaster recovery planning for an international savings, protection and pensions market