Vice President, Business Continuity Specialist (FTC)

About CLS

CLS is the trusted party at the centre of the global FX ecosystem. Utilized by thousands of counterparties, CLS makes FX safer, smoother and more cost effective. Trillions of dollars’ worth of currency flows through our systems each day.

Created by the market for the market, our unrivalled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies. We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so clients can put their capital and resources to better use.

CLS products are designed to enable clients to manage risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market.

Our ambition to make a positive difference starts with our people. Our values underpin everything that we do at CLS and define our working environment:

• Pivotal purpose
• Trusted guardian
• Targeted innovation
• Facilitate connections
• Delivering excellence
• Inclusive culture

Job information

Functional title – Vice President, Business Continuity

Department – Enterprise Resilience

Corporate level – Vice President

Report to – Executive Director – Enterprise Continuity

Location - London

Base pay / salary (New York) -

What you will be doing

Strategic

• Continued enhancement of BCM tools
• Evolving BCM training and exercises
• Support the strategic development of CLS’s BCM program
• Support the development and enhancement of BAU activities

Operational

• Liaise and work with all BCM stakeholders – be a ‘go-to’ person.
• Ownership of the on-going planning, preparedness, and maintenance of the CLS pandemic plan.
• Act as dedicated risk subject matter expert for Enterprise Continuity, Crisis Management and Operational Resilience regarding Third Party Risk Management. This includes providing support to TPM team and Procurement team with all elements of the TPM lifecycle. The lifecycle includes but is not limited to: Cat A-B and High Inherent Risk Rated risk assessments, support during exit plan, exit strategy and BCP testing, attending vendor onsite assessment when required, reviewing Master Service Agreements and ensure they meet Resilience standards and any ad hoc support.
• Support the development and implementation of all revised BCM process and procedures.
• Management and maintenance of BCM SharePoint site / documentation
• Ownership for all aspects of BCM training and awareness with CLS globally. This includes annual mandatory training and providing support to new joiners.
• Perform country risk assessments and provide horizon scanning updates to CLS employees.
• Employee business travel support.
• Ownership of the management, identification, and mitigation of BCM risks, working alongside risk to ensure controls, issues, incidents, emerging risks and KRI’s are logged correctly in Archer.
• Development and implementation of CLS Critical Internal Services (Identification of CIS, Setting of CIS impact tolerances, Mapping of CIS, Design and deliver scenario testing, Identification and remediation of CIS vulnerabilities and CIS reporting).
• Support with the key BCM program stakeholders, to ensure that key mandatory, audit, and regulatory requirements are met and completed to agreed timelines.
• Provide cover for other team members.
• BC plan analysis, maintenance, development, support and training.
• Crisis Management support where required.