Business Continuity Analyst

Summary

The Business Continuity Analyst will need experience in Enterprise Governance, Risk & Compliance (eGRC) software or similar business continuity software. The BC Analyst will use their experience and knowledge in Business Continuity to work on Business Impact Analysis, Risk Assessments and Business Continuity Plans, to ensure they are in alignment with requirements for Mission Essential Functions.
 

The Business Continuity Analyst will be responsible for updates in eGRC system as per organizational changes. They will coordinate with business stakeholders to update plans, including Business Impact Analysis, Business Continuity Plan), and Risk Assessment, and ensure plans are updated according to NYPA and ISO requirements. The Analyst will provide gap analysis of planning across the organization’s sites to identify missing or inaccurate content and work with management to resolve. They will also schedule and participate in BC exercises with business stakeholders and documentation of test evidence results and materials. 
 

The BC Analyst will need excellent communication skills to work with various internal business stakeholders and collaborators IT colleagues. They will need to be agile and flexible, while maintaining effective prioritization of necessary tasks and projects. #LI-JP1

Responsibilities

• Perform statistical, quantitative and qualitative analysis on individual risks and the risk inventory to identify underlying relationships and assist in the risk roll-up/alignment process
• Work with the Enterprise and/or Operational Risk team, NYPA management, and staff to facilitate the Enterprise and/or Operational Risk process for risk identification, definition, assessment, analysis, mitigation, and monitoring throughout NYPA
• Generate risk reports for various levels of the organization including the Executive Risk Management and Resilience Committee (ERRMC) and Executive Management Committee (EMC)
• Work with Enterprise and Operational Risk leadership to ensure effective alignment of the enterprise and operational processes with Internal Audit, Compliance, and the Office of Strategy Management
• Assist EORM Team in the development of training materials and assist in conducting enterprise and/or operational education/training to various levels of NYPA Business Units management and staff
• Update and maintain NYPA’s enterprise and operational risk frameworks, policies, procedures, and other associated risk  management documentation
• Provide support on the implementation and on-going operation of the Governance, Risk, and Compliance (GRC) software module specific to the enterprise and/or operational programs
• Coordinate the resolution of risk software problems with the vendor or the NYPA IT department as needed
• Perform regular updates to the risk repository, assessment, and reporting tool and ensure integrity of the repository database. Create and maintain up-to-date meeting minutes, reports and related materials for the Enterprise and Operational Risk website.
• Work with senior EORM Team members to establish and implement the Enterprise and/or Operational Risk task level schedule to ensure timely delivery of assigned work products

Knowledge, Skills and Abilities

• Working knowledge of various types of risk including, Market Risk, Operational Risk, Credit Risk, Liquidity Risk, Financial Instrument Risk
• General knowledge of Enterprise-wide Risk management program development and implementation including best practices, frameworks, and associated software systems
• General knowledge of Strategic Planning, Compliance, and Internal Audit practices
• Firm understanding of the fundamentals of probabilistic scenario analysis and the associated application to risk management
• Strong understanding of financial instruments and analysis techniques (value at risk, cash flow at risk, earnings at risk)
• Proficient in spreadsheet and/or statistical analysis packages. Working knowledge of Access, Word, PowerPoint, statistical software, and MS Project.
• Understanding of enterprise risk management best practices as they apply to the energy/utility industry
• Understanding of the deregulated NYISO energy marketplace
• Understanding of NYPA’s generating and transmission facilities
• Understanding of NYPA’s financial planning tools
• Ability to prepare and deliver clear and concise summaries and insights with assistance from senior specialists and director
• Ability to work and interact with all levels of management and across all NYPA business units and departments

Education, Experience and Certifications

• Bachelor’s degree in Business Administration, Finance, Accounting, or Economics
• A minimum of 3 years directly relevant experience with risk analysis