Challenges | Operational Resilience

Operational Resilience

Regardless of Brexit or COVID-19, a strong operational resilience is key for firms to weather changing business conditions.

Operational Resilience goes further than standard operational risk and recovery competencies. The function should also protect the stability of “critical economic functions”, to not just the UK economy, but also to your firm’s customers and clients.

Given that operational resilience is a key focus of the FCA and the PRA, firms are strengthening their own operational resilience function by:

• Bringing on new talent to fill these critical roles

• Investing in the latest technology in order to shield against cyber and phishing attacks

• Moving operational resilience to the front-and-centre of the overall business strategy

Faced with an ever-changing landscape of new and unprecedented threats, businesses cannot afford to not invest in operational resilience.

Solutions should be driven by the board, with clear tolerances set and systematic management ensured.

How we can help

• Our permanent and contract recruitment solutions can provide you with the right talent and the best in the market to fill specialised roles in managing operational resilience
• We can also provide you with detailed risk assessments and analysis, to identify the critical needs within your business and see where our solutions would be best applied
• Our learning solutions can provide you and your team with a plethora of online courses and workshops, to provide training and embed a culture of operational resilience within your firm