Business Continuity Specialist (2 positions)
Contract- 6 months to start with very good chance of extension
Work Arrangement: Hybrid – 3 days per week in office
Location: Toronto, ON
Rate: $65–$75/hr
Position Overview
We are seeking two experienced Business Continuity Managers to support resilience and operational risk initiatives within a Wealth Management environment. The successful candidates will be responsible for assessing business continuity risks, developing and maintaining recovery strategies, and ensuring business units are adequately prepared to respond to unexpected disruptions.
Working closely with internal stakeholders, these individuals will oversee continuity planning activities, coordinate recovery exercises, and monitor adherence to established risk management practices and regulatory requirements.
Key Responsibilities
- Lead the preparation, review, and ongoing enhancement of Business Impact Assessments (BIAs) and Business Continuity Plans (BCPs).
- Collaborate with business teams to identify critical operations, assess potential disruptions, and establish appropriate recovery objectives and strategies.
- Provide guidance on business resilience, risk exposure, contingency measures, and operational recovery requirements.
- Coordinate and facilitate continuity exercises, including recovery simulations, emergency response scenarios, and business contingency testing.
- Evaluate testing outcomes, document findings, and recommend improvements to strengthen organizational preparedness.
- Review continuity program compliance, identify control gaps, and address issues highlighted through risk monitoring activities.
- Maintain oversight of outstanding audit findings, regulatory commitments, and remediation activities, ensuring deliverables are completed within established timelines.
Required Qualifications
- Bachelor's degree in Business Administration, Risk Management, Business Continuity, Emergency Management, Information Technology, or a related discipline. Equivalent professional training or specialized BCM qualifications will also be considered.
- 3–5 years of relevant experience in business continuity management, operational risk, enterprise resilience, or a related field.
- Demonstrated practical experience developing and maintaining BIAs and BCPs.
- Experience planning, coordinating, and documenting business recovery and continuity testing.
- Understanding of enterprise risk management frameworks, business resilience practices, and applicable regulatory requirements.
- Strong stakeholder management skills, with the ability to facilitate discussions and communicate risk-related concepts effectively.
- Excellent organizational skills, attention to detail, and the ability to manage multiple deliverables in a deadline-driven environment.
- Proficiency with Microsoft Office applications.
- Experience using business continuity management software (e.g., Riskonnect) is considered an asset.
Preferred Qualifications
- Previous involvement in crisis management, incident response, or emergency preparedness activities.
- Experience supporting Wealth Management, financial services, or other highly regulated business environments.