Senior Business Continuity Advisor

About the role

The Business Continuity Management (BCM) Advisor is a key contributor to operational risk management, strengthening operational resilience and acting as a trusted partner. This role ensures all business lines achieve maximum preparedness by conducting business impact analyses, developing business continuity plans, and testing strategies. The incumbent will conform to RBC’s Enterprise Business Continuity Risk Management (EBCRM) Standard, operational risk practices, FFIEC, FINRA, OSFI E-21 Guideline, and industry standards to mitigate business continuity risks and coordinate tactical strategies. The BCM Advisor also supports business units during disruptive events.

Responsibilities

• Provide subject matter expertise and work directly with RBC Capital Markets Business Units regarding all requirements in the Enterprise Business Continuity Risk Management (EBCRM) Standard, including new or existing business impact analyses (BIA), business continuity planning, and exercises.
• Complete Business Impact Analysis (BIA) to identify requirements and understand the impact of process and key dependency failures.
• Develop Business Continuity Plans (BCP) and document recovery strategies and workarounds.
• Conduct BCM exercises to validate planning assumptions and test controls, including work area recovery, contact exercises, and simulations.
• Perform internal business continuity risk controls through timely scheduling, completion, and quality assurance of BCRM requirements outlined in the EBCRM Standard.
• Ensure all approvals are obtained and escalate roadblocks in a timely fashion.
• Identify RBC CM, LLC Business Unit recovery time and point objective gaps, challenge business requirements where appropriate, and assist in developing workarounds.
• Collaborate with the Business Unit BCM Coordinator, BCM Central Team, and IT Risk to identify, track, and approve remediation decisions on RBC Business Unit RTO and RPO gaps.
• Work with the RBC CM, LLC Third-Party Risk Team to review exit strategies and document manual workarounds or alternate methods of processing for loss of critical suppliers.
• Manage and support work area recovery sites with the BCM Central Team and BCM Coordinators in RBC CM, LLC Business Units.
• Support RBC CM, LLC Business Units in preparing for and responding to incidents or crises, acting as Secretary to the Business Line(s) and Regional Incident Management Teams.
• Conduct Post-Incident Reviews, if the Incident Management Team (IMT) is activated.
• Remediate known gaps, issues, risk acceptances, and action plans to conclusion, and escalate systemic or material gaps through issue management to Senior Manager, Business Continuity Risk.
• Contribute to the monitoring and risk reporting processes for RBC CM, LLC Business Units.
• Support the delivery of training to RBC CM, LLC Business Units, promoting understanding of key components and core BCRM artifacts and activities (e.g., BIA, Threat Risk Assessment, BCP Exercising).
• Lead, conduct, and participate in training through exercise types that validate plans and assumptions by exercising interactions of people, processes, and technology risks in a consequence-free environment.
• Retain all business continuity-related documents, including BIA, Threat Risk Assessment, BCP, and exercise evidence, and make them available upon request.
• Support first-line projects, initiatives, and engagements, including remediation of gaps identified through Operational Resiliency Scenario Testing.
• Remain apprised of environmental and potential business-impacting BCM-related risks.
• Adhere to FFIEC, FINRA, and OSFI E-21: Operational Risk and Resilience Guideline requirements.
• Build relationships and encourage collaboration across the greater Operational Risk Management (ORM) community in both segments and with business risk management teams.
• Support a strong culture of risk and integrity through effective challenge and deep partnerships to promote transparency of risks and matters requiring escalation.
• Demonstrate behaviors that foster a sound and sustainable risk culture, including strong awareness of BCM practices.

Requirements

• 2-4 years of relevant work experience.
• Must be able to work on-site in the Jersey City office.
• Strong verbal and written communication skills.
• A high level of attention to detail.
• Ability to manage multiple competing priorities and thrive in a fast-paced, challenging environment.
• Strong competency in the following behaviors: Collaboration, Relationship Building, Communication, Integrity, and Operating with a Diverse and Inclusive Mindset.
• Ability to perform effectively in a team environment and excel under pressure amid demanding deadlines.
• Well-rounded set of interests and extra-curricular activities beyond academics.

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

Pay

The expected salary range for this position is $100,000–$115,000, depending on factors including but not limited to the candidate’s experience, skills, registration status, market conditions, and business needs. This range does not include other elements of total compensation, such as a discretionary bonus and benefits.

Schedule

• Full-time role.
• 40 hours per week.
• On-site at Goldman Sachs Tower, 30 Hudson Street, Jersey City, United States.