What are the responsibilities and job description for the Director of Business Continuity position at East West Bank?
Overview
We are seeking a Director of Business Continuity. This position will direct and coordinate all aspects of the enterprise Business Continuity Program consistent with regulatory guidance, industry best practices, and company policy. This position will also identify, manage, and report inherent and residual continuity risk arising from new and ongoing activities and partner with business units, Risk Management, Internal Audit, and Information Technology (IT) to develop and test risk mitigation strategies in alignment with established risk tolerances. This role will serve as the business continuity subject matter expert to management and the face of the EBCO to regulators and governmental agencies and other stakeholders.
As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.
Responsibilities
- Assume responsibility for all aspects of the Business Continuity Program during development, implementation, testing, and on-going maintenance
- Develop and implement appropriate measures to identify risks associated with business processes and associated dependencies to ensure that appropriate risk mitigation strategies are in place
- Create business continuity program goals and reporting against key performance indicators that support continuous program improvement
- Establish training programs to ensure that program participants are aware of their roles and can execute their assigned responsibilities when needed
- Manage the continuity planning process and create awareness throughout the company
- Establish a risk-based Business Continuity Testing Program to build confidence in recovery strategies and ensure the program meets objectives
- Define and prioritize business functions and associated dependencies which are determined to be critical to achieving corporate objectives
- Conduct periodic presentations to executive management and business units outlining the corporate Business Continuity Program capabilities, roles, and responsibilities
- Provide leadership and guidance in the event of a disaster
- Build a network that supports enterprise-wide program engagement and execution
- Confirm business continuity requirements and incorporate analysis of state and federal laws and regulations and recommend program and enterprise actions to ensure continued regulatory compliance
- Partner with IT to confirm and enhance technology recovery capability that aligns to business demand, best practices, and regulatory guidance
- Assess the company’s ability to align with regulatory and audit expectations
- Create awareness and present findings on industry standards and best practices to enhance effectiveness of the continuity program
- Evaluate continuity planning initiatives to ensure a risk-based capability is in place and tested that satisfies recovery expectations
- Perform other duties as assigned
Qualifications
Additional Qualifications
Education Requirements
Experience Requirements
Certification Requirements
Compensation
The base pay range for this position is USD $170,000.00 / Yr. - USD $250,000.00 / Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
East West Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status. Reasonable accommodations for disability are provided to applicants and employees in accordance with applicable law.
Salary : $170,000 - $250,000
