Key Accountabilities

• Support the business in meeting the [Employer hidden — sign up to reveal] Resilience Framework (RF) in line with the Bank of England Operational Resilience Policy focused on maintaining important business services within impact tolerance.
• Support the business in delivering the [Employer hidden — sign up to reveal] incident management process (IMP) and alignment of playbooks across all relevant business areas, ensuring they remain up to date and aligned to industry best practice.
• Guide the organisation in transitioning from a responsive approach to a preventative mindset while utilising the Resilience and Enterprise Risk Management Frameworks.
• Determine strategies for boosting awareness of operational resilience within [Employer hidden — sign up to reveal] and manage the establishment and execution of training programs and awareness events, highlighting the critical nature of operational resilience in business interactions.
• Oversee the scope, design, and delivery of operational resilience tests and exercises ensuring appropriate SME resource are available to participate.
• Manage the IBS vulnerability assessments and monitoring of these vulnerabilities to resolution, supporting appropriate business areas as required.
• Act as a subject matter resource for 1LoD incident management, overseeing post-incident discussions, reporting, and ensuring necessary remediation action plans are created.
• Lead the Operational Resilience Working Group (ORWG), ensuring the role of the committee remains relevant and fits the needs of the business, incorporating all relevant pillars to ensure an aligned view from across [Employer hidden — sign up to reveal].
• Oversee the completion and annual reviews (or as often as required) of the business impact analysis, business service assessment and impact tolerance rationale.
• Identify and report new risks and issues, particularly operational resilience, without delay and assist, as necessary, in the development of appropriate options for remediation.
• Oversee a central location for the secure storage of Operational Resilience documentation is available and appropriate access for document owners and users of shared information.
• Oversee the maintenance of Directorate response and continuity plan(s).
• Ensure CMBCG admin contacts re relevant to ensure regulators and the sectors framework us up to date with [Employer hidden — sign up to reveal] contact details. Ensure any output from CMBCG communications are shared appropriately across [Employer hidden — sign up to reveal] and CMBCG members.
• Act as a trusted advisor providing timely feedback to support the 1LoD Director of Risk with arising issues that may affect customers, operational performance, people, brand or reputation.
• Attend industry events, as required, to help inform [Employer hidden — sign up to reveal] Operational Resilience and Risk Activity.

Skills, Qualifications and Experience

• Educated to degree level in a relevant subject, or hold an equivalent professional risk qualification.
• Practical experience as an in-house practitioner delivering, maintaining, and maturing operational resilience systems in alignment with regulatory guidelines.
• Detailed understanding of the Bank of England policy for Operational Resilience as it relates to [Employer hidden — sign up to reveal] as an FMI is desirable.
• Detailed knowledge of Bacs, Faster Payments, Cheques or an SME in one of these services.
• Experience working within the financial services/ banking industry.
• Demonstrated capability to take initiative, manage personal tasks, and inspire colleagues as well.
• Demonstrated understanding of operational resilience.
• Advanced communication in all forms (written, verbal and listening), and negotiating skills. Establish trusting relationships to maintain open communication.
• Being attentive to details and equipped to respond adaptively to challenges in order to support problem resolution. Identifying pros and cons of a situation to make informed decisions.
• An efficient team contributor with a professional and confidential work attitude, skilled at balancing routine business duties to meet the annual targets for operational resilience.
• Maintains a keen focus on personal and professional growth, actively seeking skills and knowledge relevant to their role and career.

About Us

[Employer hidden — sign up to reveal] maintains and develops the UK retail payment systems and standards that are core to the economy being able to function on a day-to-day basis. From Bacs to Faster Payments and cheques – we act as the single operator for all UK retail payments. We put the needs of consumers and businesses at the heart of everything we do, working in the public interest to ensure that the systems the country relies on for its banking transactions are safe, open, innovative and resilient. Our payment systems underpin the services that enable funds to be transferred between people and institutions. In 2023, the UK's retail payment systems processed 11.4 billion transactions worth £9.3 trillion through Bacs Direct Credit, Direct Debit, Faster Payments, and cheques, and our Current Account Switch Service has facilitated over 10.2 million switches since its launch in 2013. Every day, people and businesses use the services we provide to get their salaries, pay their bills and make online and mobile banking payments. Our vision for the future is to enable a vibrant economy, with [Employer hidden — sign up to reveal] delivering the best-in-class payment infrastructure and standards for the benefit of consumers and businesses nationwide.

Benefits & Additional Information

• 12% Non-contributory pension
• Discretionary annual bonus
• 30 days annual leave (excluding bank holidays)
• Private medical insurance, life assurance, income protection, health cash plan, dental insurance, Bupa medicals etc
• Employee assistance programme
• Cycle to Work Scheme
• Season ticket loan
• Annual fitness subsidy of up to £500 per annum
• Working from home policy - minimum 40% in the office (eg. 2 days in the office over a 5 day working week)