
Description
BUSINESS CONTINUITY RISK MANAGEMENT SR. LEAD
WHAT IS THE OPPORTUNITY? Business Continuity Risk Management (BCRM) program is in the second line of defense and is accountable for CNB's BCRM strategy and framework, enabling CNB to identify, measure, monitor, and mitigate the risks associated with business continuity, crisis management and disaster recovery arising from CNB's business processes, people, systems or external events. BCRM works across CNB's businesses and functions, providing independent oversight and challenge to ensure effective implementation of BCM practices in compliance with regulatory and policy requirements. BCRM is also accountable to provide insight on CNB's overall Business Continuity Risk Profile.The Business Continuity Risk Management Sr. Lead is responsible for identifying and leading business continuity risk assessments, providing advice and independent challenge, monitoring metrics/key risk indicators, conducting business continuity risk reviews and analysis, and reporting thematic risks to ensure the Business Continuity Risk Profile is fairly presented.
What you will do
- Lead the development and execution of the BCRM risk program, framework, policies and procedures consistent with City National Bank's and RBC's Risk Framework to ensure a sound control environment from a BC/Operational Resilience perspective.
- Engage with internal stakeholder groups and external resources to maintain awareness of current and emerging risks and regulatory expectations.
- Lead independent business continuity risk reviews on the BCM program, including crisis management and disaster recovery, risks and control assessments, and root cause analysis.
- Streamline processes for risk identification and assessment, control assessment, testing and issue management.
- Lead continuous improvement activities and initiatives for BCRM, working with stakeholders, subject matter experts, and analysis of exception reports to define issues, determine root cause, and determine appropriate changes.
- Lead audit and regulatory BCRM remediation activities and ensure that all requests are completed timely, and materials provided as appropriate.
- Provide advice and oversight on business continuity program risk issues, monitoring and measuring business continuity risk performance, policy adherence, and reviewing and challenging of strategy (initiative, products), control design, implementation, testing, and remediation across CNB.
- Develop risk analysis and reporting, including risk metrics and thematic reviews, for dissemination to both first line of defense BCM leadership, risk management committees, CNB's parent holding company, and CNB's regulators.
- Liaise with key stakeholder groups including Enterprise Risk Management, Operational Risk Management, First Line Business Continuity Management, Crisis Management Group, and Third-Party Risk Management.
- Ensure appropriate escalation of issues to first line and senior management as required.
- Lead independent business continuity risk reviews on new products, new processes, risks and control assessments, and root cause analysis.
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding CNB, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Must-Have*
- Bachelor's Degree or equivalent
- Minimum 12 years of Business Continuity Risk Management and Operational Resilience
- Minimum 8 years of experience in risk and controls, appropriately scoping assessments, providing credible challenges, and performing assurance testing.
Skills and Knowledge
- Comprehensive knowledge and experience in business Continuity risk management including disaster recovery, crisis management and operational resiliency processes and frameworks.
- Strong understanding of the business continuity risk encompassing business continuity planning, disaster recovery and crisis management framework and practices; strong knowledge of the FFIEC IT BCM Handbook and NIST.
- Currently hold or quickly obtain industry recognized certification within the business continuity industry.
- Excellent oral and written communications skills; experience performing both detailed and executive-level documentation.
- Experience using business continuity or Governance, Risk and Compliance (GRC) systems.
- Ability to drive change to business practices by working effectively. Self-starting with the ability to multitask and prioritize in a dynamic, fast paced environment.
- Strong project management skills.
- Client-focused and open to different ideas/viewpoints.
- Advanced knowledge of Microsoft Office tools; specifically, Excel, PowerPoint and SharePoint.
- Demonstrated analytical skills with follow-up and problem solving capability to improve quality, controls, and efficiency.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.
ABOUT CITY NATIONAL
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.
*City National Bank does business in Miami and the state of Florida as CN Bank.
For more information about City National, visit cnb.com.
EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION
City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. READ MORE
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via email or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.
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