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Company: Valley Bank
Location: Morristown, NJ
Career Level: Associate
Industries: Banking, Insurance, Financial Services

Description

Responsibilities include but are not limited to:

  • Own and conduct the Enterprise Business Impact Analyses (BIA) and assist business leaders in determining business processes and identifying criticality, recovery time objectives (RTO), recovery point objectives (RPO), maximum tolerable downtimes (MTD) and map critical dependencies.
  • Conduct business continuity risk assessment for the enterprise, analyzing potential business impact of unpredictable business interruptions such as natural disasters, security breach, legal claims, and market disruptions.
  • Develop and maintain business continuity plans; reviews, revises, and expands existing protocols (call tree, recovery team, contact information, alternate site requirements, roles and responsibilities, scenario procedures, etc.)
  • Coordinates with 3rd party vendor relationship managers to establish, document, and test 3rd party contingency plans, resolution plans and coordinates testing and performance management.
  • Establish BC testing methodologies; schedule & coordinate the exercises with recovery support and technical services groups. Testing to include Alternate Site Testing, Table-Tops, Call Tree Testing, 3rd Party Testing.
  • Facilitate BC exercises for business units, applications, systems, and platforms; coordinate the post-exercise evaluation & follow-up process, including status reporting, issue tracking and improvement recommendations.
  • Contributes to the development of the Bank's enterprise incident and crisis management plans.
  • Regularly interacting with various technology support group management & staff for the purpose of planning, directing, controlling and maintaining Valley's recovery planning documentation and alternate site exercise & validation program.
  • Identify, review & verify all resources and critical documents; ensure that information is current and compiled in business continuity planning documentation. Assemble inventory of alternate site requirements (files, computer systems, applications, etc.), components essential for alternate site processing and operations.
  • Provide 7X24, on-call support for any emergency which may require activation of all or part of the Business Recovery or Disaster Recovery plans.
  • Participate in internal and external audits related to the BC/DR Program, Enterprise Resiliency Program or Enterprise Resiliency related capabilities.


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