What are the responsibilities and job description for the Principal Business Continuity Specialist position at Open Opportunities?
In this hybrid role based at our Chicago Headquarters, you will serve as an advisor and leader to drive the organizational resilience, lead the second line of defense oversight of the Business Continuity Program (BCP). Ensure the BCP is aligned with industry best practices and regulatory requirements including Business Impact Analyses (BIA) and Recovery Plan development, Critical Business Process Testing, Incident Response and 2nd Line Disaster Recovery Governance. Serve as the primary on-call individual for incident response and lead on discussions during regulatory exams as it relates to BCP and Incident Response.
Essential Responsibilities
- Lead the development and continuous improvement of BIA and recovery plans, ensure alignment with organizational priorities.
- Demonstrate judgement and critical thinking to business continuity tasks, challenging process tiering while balancing regulatory, financial, reputational risks and technology dependencies to support restoring.
- Evaluate and leverage internal recovery solutions and external vendor capabilities to ensure resilience of critical business processes.
- Lead strategic initiatives to advance BCP maturity.
- Drive cross-functional alignment with the technology division to ensure alignment between disaster recovery and business continuity programs.
- Assist technology team in critical business process testing program including test script development, test coordination and reporting.
- Review and validate final technology reporting results from internal disaster recovery exercises, 3rd party vendors and service providers.
- Lead incident response efforts, making critical decisions and guiding executive teams through complex scenarios.
- Partner with lines of business on incident response tabletop exercises involving the incident response and executive management team.
- Deliver monthly metrics for executive management committee reporting task such as preparing risk appetite scorecard metrics for enterprise risk committee and monthly reporting to BRGC.
- Represent the organization in business continuity-related regulatory and audit discussions, provide documentation and follow-ups at meetings and promote program awareness through meeting, workshops, and exercises.
- Stay abreast of emerging Business Continuity industry standards and evolving regulatory expectations.
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.
Education
Minimum - High School or Equivalent
Preferred - 4 Years Bachelors Degree in Business Continuity, Technology, Business Management, Business Operations or related
Years of Experience
Minimum - 10 Years of Business Continuity, Incident Response, Disaster Recovery, Project Management or related
License/Certifications/Training
Preferred - Business Continuity Certification, ISO 22301 Certified Business Continuity Professional (CBCP) or related
Compensation & Benefits:
Typical hiring range: $95,100.00 to $163,100.00 Annually. Actual compensation will be determined using factors such as experience, skills & knowledge.
Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:
- Annual performance bonus
- Work from home up to 3 days a week
- Paid parental leave
- Employee discount programs
- Time off including paid personal and sick days
- 11 paid holidays
- Education reimbursement
*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.
Salary : $95,100 - $163,100