Business Continuity & Disaster Recovery Manager, Vice President - SMBC
New York, NY 10172
About the Job
SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.
In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
The anticipated salary range for this role is between $122,000.00 and $170,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
Role Description
The Business Continuity Manager supports leading, directing, and managing enterprise level BCM policies, programs, and procedures for SMBC Capital Markets Inc (CM Inc), SMBC Nikko Securities America (Nikko America) as well as SMBC Nikko Canada. The BCM VP develops strategic plans in the ongoing evolution of our BCM Framework and monitors the business objectives and plans in support of departmental and firm-wide strategic goals. This includes establishment of Standards and Guidelines, where needed, Business Continuity Plans (BCPs), Business Impact Analyses (BIAs), risk and threat monitoring procedures, governance, and reporting processes. The BCM VP also supports the Crisis Management function and Office Strategy for CM Inc and Nikko America closely working with SMBC America Division as a core competency for the enterprise.
Role Objectives
Primary Responsibilities:
- Working closely and in conjunction with the SMBC Americas Division BCM team;
- Responsible for assisting in the management of the Business Continuity Management (BCM) / Disaster Recovery (DR) Business Resilience function for SMBC Capital Markets and SMBC Nikko Securities America
- Establishes and maintains Group Company level BCM Procedures, and programs.
- Manage, update, and seek approvals for Group Company level BCM/DR , Procedures and Plans, ensuring regulatory requirements are met.
- Review and resolve any risk-related issues that should be addressed as part of KPI and KRIs related to the program.
- Leads staff within the organization and across lines of business to develop, maintain, and update business impact analysis business recovery plans, and Local Crisis Management Plans.
- Develop recovery strategies working closely with Technology and Development teams for key business applications.
- Work with Business Continuity Coordinators to ensure test participants are identified and test scripts and materials are developed and approved by the management.
- Monitor and support test participants during the test and ensure test evidence is properly captured in the respective tool.
- Document and follow up on any outstanding issues and remediations post the test
- Learn the BCM tool and associated processes as well as work with key business stakeholders to ensure business continuity documents are reviewed and approved by the Plan Owner/Department Head.
- Oversees development of BCM Testing Program and ensures test reports are transparently reported via governance and oversight channels.
- Manage, coordinate and actively participate in regulatory and third-party independent assessments and provide any relevant artifacts as requested by auditors.
- Manage communication to internal stakeholders related to office strategy of CM Inc and Nikko America
- Participates in such other tasks, projects and/or initiatives that may be required.
Qualifications and Skills
- 5-7 years of relevant business continuity experience (preferably in the financial industry) including, but not limited to: risk analysis, business impact analysis, business continuity planning, crisis management, and emergency response management.
- Manage and coordinate with Technology and Development teams for IT DR testing
- Excellent communication skills, including presentation skills. Ability to articulate Business Continuity concepts and methodology.
- Expert knowledge of program and project management. Ability to delegate and influence others.
- Distinctive problem-solving, influencing and analytical skills combined with strong business acumen and technical ability. Ability to respond and adapt flexibly.
- Ability to manage changing workloads while maintaining a sense of priorities and delivering quality results within required timeframes.
- Teamwork skills to work with peers on policy and strategic issues.
- Expert knowledge and experience using the full suite of MS Office productivity applications.
Additional Requirements
D&I Commitment
Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.
SMBC’s employees participate in a hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process.
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.
