Job Purpose: To ensure that an auditable governance framework, consistent with general regulatory requirements for BCM across jurisdictions in which the Bank operates, is developed, maintained, and adhered to across all departments, so that the Bank is appropriately prepared for, and can respond to unexpected disruptions to normal activities.
Operational Responsibilities
- Identify, assess, monitor, mitigate and report on Operational risk in the Bank through appropriate tools to better manage EDB's exposure to Operational risk.
- Contribute to the formulation of the department's strategy and strategic goals to ensure alignment to the overall corporate strategy.
- Oversee the implementation and performance of the strategy and periodically report on its performance to the Operational and Market Risk Director to ensure that performance is aligned to the overall corporate strategy performance.
- Develops and provides staff training on risk management and disaster recovery
- Oversee the development of EDB's Market and Operational Risk framework which aims to set out the principles, methodology and techniques in order to establish effective market and operational risk management.
- Develop and maintain Business Continuity policy and procedures which comply to leading practices and laws and regulations in order to ensure that policies and procedures are applied consistently throughout EDB
- Oversee the development, implementation and management of Business Continuity and monitor the adequacy of disaster recovery plans to maintain business in the event an incident disrupts the day-to-day operations
- Review and develop Business Continuity plans for all departments.
- Develops and maintains a business recovery plan and procedure; reviews, revises, and expands existing plans and protocols.
- To support Business Continuity Champions in implementation of BCP exercise to their respective Departments
- To ensure yearly BCP exercise is implemented across the EDB
