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What is the Principal Business Continuity Analyst responsible for?

Reporting to the Global Information Security Enterprise Business Resilience Office, the Principal Business Continuity Analyst (BCA) plays a critical role in ensuring that an organization can continue operating during and after a disruption. The BCA is responsible for devising, implementing, and managing strategies to maintain essential functions and recover swiftly from unforeseen events. This position requires a blend of analytical skills, strategic thinking, and effective communication. In addition, then qualified candidate will play a key role in ensuring the Enterprise Business Resilience program aligns to industry and regulatory best practices, by identifying gaps in the current program and developing roadmaps for improvement. The incumbent will have a strong Business Continuity Program background as well as excellent documentation, communication, and execution skills required to effectively collaborate with business stakeholders, vendors, engineers, operations staff, and other technology and business professionals to deliver defined objectives. Limited project management support may be needed. 

What are the ongoing responsibilities of Principal Business Continuity?

Program Transformation

• Perform a capability maturity assessment on the current business continuity and disaster recovery program against applicable regulatory frameworks and industry best practices.

• Assist with the development of a roadmap to bring the current program into alignment with best practices.

• As part of a team, assist with the transition of the current business continuity management platform from Archer to MetricStream.

• Assess the current business continuity framework and identify areas of improvement to ensure alignment with organizational goals.

• Collaborate with Specialized Investment Manager (SIM) partners to align business continuity and disaster recovery programs to the parent organization standards.

Risk Assessment and Analysis

• Identify potential risks and vulnerabilities that could impact business operations.

• Partner with business stakeholders to conduct thorough risk assessments and business impact analyses (BIAs) to determine the effects of disruptions.

• Evaluate the likelihood of various types of crises and their potential impact on different areas of the organization.

Continuity Planning

• Develop and maintain comprehensive business continuity plans (BCPs) that outline procedures for responding to disruptions.

• Coordinate with different departments to ensure all critical functions are covered in the BCPs.

• Regularly update and test the BCPs to ensure they remain effective and relevant.

Training and Awareness

• Conduct training sessions for employees to ensure they understand their roles and responsibilities during a disruption.

• Develop and distribute educational materials to raise awareness about business continuity practices.

• Facilitate drills and exercises to test the effectiveness of the continuity plans and improve response times.

What ideal qualifications, skills and experience would help someone to be successful?

• 10 years of prior experience as a business analyst, especially in the Business Continuity Management domain with experience in Business Impact Analysis, DR planning, etc.

• Ability to apply business practices in the context of requirements gathering.

• Demonstrated knowledge of the key components of project management (e.g., scope, time, cost, quality, human resources, communication, risk, integration) and associated tools and methodologies.

• Demonstrated knowledge of ISO 22301-2019 and FFIEC Business Continuity frameworks.

• Experience with design, implementation, and operational