Operational Resilience Planning

Overview

Plan and assess operational resilience for financial institutions by defining important business services, establishing impact tolerances, mapping interconnections and critical resources, and designing scenario testing programs. This skill applies the Basel Committee's Principles for Operational Resilience (BCBS 548), OCC Heightened Standards (12 CFR 30 Appendix D), FFIEC guidance, and NIST Cybersecurity Framework to ensure the institution can absorb, adapt to, and recover from disruptions.

When to Use

• Establishing or maturing an operational resilience program
• Defining important business services and setting impact tolerances
• Mapping critical resources and interdependencies for important business services
• Designing and executing severe but plausible disruption scenarios
• Assessing the institution's ability to remain within impact tolerances
• Responding to regulatory expectations or examination findings on operational resilience

Required Inputs