Manager, Exercising & Response, Resilience

UK Finance is the collective voice for the banking and finance industry. Representing around 300 firms across the industry, we act to enhance competitiveness, support customers and facilitate innovation.

We work for and on behalf of our members to promote a safe, transparent and innovative banking and finance industry. We offer research, policy expertise, thought leadership and advocacy in support of our work. We provide a single voice for a diverse and competitive industry. Our operational activity enhances members’ own services in situations where collective industry action adds value.

The operational resilience (OpRes) of the financial services sector is of critical importance to UK Finance members and their customers. Helping our members build more resilient organisations supported by a fit-for-purpose regulatory framework is a core UK Finance priority.

In support of this, UK Finance runs the Cross Market Operational Resilience Group (CMORG) in partnership with the Bank of England. CMORG exists to enhance the resilience of the sector through public | private collective action strategies.

This position will lead CMORG's sector exercising programme in collaboration with the Bank of England and industry partners. The programme follows a two-year cycle: year one focuses on Sector Simulation Exercise (SIMEX) implementation with the Bank of England, while year two transitions to a series of industry-led technical exercises.

The successful candidate will oversee exercise execution, governance management, findings documentation, and enhancement initiatives. You will collaborate with the Sector Exercising Group (SEG) and Sector Response Framework (SRF) Group under CMORG, while engaging with senior committees including the Cross Market Business Continuity Group (CMBCG) and various sector response groups.

Additionally, you will contribute to the strategic development of the SRF—the industry's collective approach to systemic incident management. A key responsibility involves supporting the SRF co-chairs and ensuring that insights gained from exercises and actual incidents translate into meaningful improvements that strengthen the framework and enhance the industry's resilience against future systemic disruptions.

• Leading UK Finance’s support for SIMEX every two years, working closely with key stakeholders such as in collaboration with the Bank of England and industry participants.

Note - SIMEX occurs every two years (i.e. 2026, 2028). This exercise consists of around 9-12 months of planning ahead of the execution of the exercise. A findings report and a programme for delivering sector enhancements follows this.

• Leading UK Finance’s industry-led technical exercise programme, delivering two technical exercises in non-SIMEX years, including consulting industry on scenario selection, design of the scenario, and managing logistics.

Note - Technical exercises are undertaken on non-SIMEX years (i.e. 2027, 2029). There are typically two technical exercises hosted during a calendar year, with their own findings report and enhancement action plans.

For both SIMEX and Technical Exercises, other key responsibilities are:

• Working with industry and the SEG to support the design of scenarios that would effectively stress the financial services sector and key response tools, including liaising with industry, regulators and Government to inform scenario selection.
• Supporting the governance for SIMEX and the technical exercises, including leading on the design and documentation of planning and logistics for the exercise. This would include ownership of key artefacts such as the inject pack and master events list.
• Support exercising governance through minute taking and leading on actions.
• Le…