Senior Analyst, Operational Resilience

at  Intercontinental Exchange Holdings Inc

Job Description:

KNOWLEDGE AND EXPERIENCE

• Experience in a similar operational resilience role within the financial industry.
• Knowledge of regulatory policies relating to operational resilience and third-party risk management.
• Experience in test and exercise coordination.
• Ability to work collaboratively to influence and deliver enhancements.
• Strong written and verbal communication and presentation skills required.
• Strong academic record including a relevant degree.

JOB PURPOSE

To co-ordinate and support the various aspects of ICE Clear Europe’s (“ICEU”) operational resilience framework. As a financial market infrastructure providing clearing services to several ICE exchanges and approximately eighty Clearing Members, clearing over five million derivative contracts daily across several asset classes, ICEU’s resilience to and recovery from service disruption events is of vital importance.
The role will report to ICEU’s Operational Resilience Manager, and work closely with ICEU’s Chief Operating Officer. The role will require extensive engagement and co-ordination with members of ICEU’s Senior Management Team, critical first line teams such as Risk, Treasury and Operations, the second line risk team and with wider ICE group functions such as Technology, Information Security, Business Continuity and Third-Party Risk Management.
The role will co-ordinate the routine review of certain ICEU policies and procedures, the planning, co-ordination, execution and documentation of extreme but plausible testing exercises, contributing to the reporting of results and proposed enhancements to ICEU’s Senior Management and Board, and supporting engagement with, where appropriate, with ICEU’s regulatory authorities.

RESPONSIBILITIES

• Co-ordinate and contribute to routine reviews of related ICEU policies and procedures, such as Operational Risk & Resilience, Business Continuity and Disaster Recovery, Outsourcing & Third-Party Risk Management, Recovery and Wind Down.
• Support first line and business continuity teams in ensuring that business continuity plans across ICEU are aligned to policy requirements and best practice.
• Support the organisation, planning and development of the ongoing programme of extreme but plausible scenario testing, including physical exercising of business continuity and disaster recovery arrangements, and scenario-based theoretical exercises.
• Co-ordinate ICEU’s testing and exercising program, including participation in regulatory-led or industry-wide exercises.
• Document test results, lessons learnt and articulate any new risks and vulnerabilities identified, as well as contribute to developing and executing mitigation and/or remediation plans.
• Support engagement with ICEU’s senior management, governance committees and Board regarding test results, conclusions and areas for enhancement.
• Assist first line teams with risk assessments of third-party service providers and associated resilience testing.
• To contribute to critical reviews of the overall framework, in liaison with second and third line risk teams, in order to propose and drive enhancements where appropriate, in line with industry best practice.
• Co-ordinate annual reviews of the framework to ensure that important business services, impact tolerances and extreme but plausible test scenarios remain appropriate for the business, and that dependency mapping is adequately documented.
• To support engagement with ICEU’s regulatory authorities where appropriate.