Job Details

Perth St Georges Tce
$100000 - $150000 per annum
Job Type
Eugena Gong
9 months ago
Role Objectives

This instrumental role functions as a risk partner to provide insights, specialist advice and independent challenge to enable a risk aware and confident business. The role is to deliver on the Bank’s risk vision to provide leading expert risk advice and challenge, partnering with the business to strengthen governance by providing outcome-focused risk and control advice and insights, to challenge and influence decisions, optimise risk-reward balance and contribute to the attainment of business strategy and objectives.

Key Responsibilities / Accountabilities 
  • Support the Chief Risk Officer as a member of the high performing 2nd Line Operational Risk & Compliance team.
  • Identify, measure, evaluate and report all material risks, with a focus on operational risks, and to provide effective training and challenge to enable the business teams to effectively control and mitigate risk for the company.
  • Contribute to the measurement of Non Financial Risk (NFR) RAS reporting and preparation of NFR Committee and Board Risk and Compliance Committee.
  • Provide specialised risk advice to the 1st Line to strengthen risk culture - including providing insights on key risks, controls, risk metrics, trending and emerging risks area for consideration.In line with the Risk Management Strategy, further develop the Risk Control Self Assessment (RCSA) processes, framework and advice for Line 1 Risk Owners along with Group Risk Profile maintenance and reporting.
  • Ensure the risk management framework (RMF) is embedded within the organisation that is consistent with the CPS 220, 231, 232, 234 & CPG 235 requirements.
  • Undertake quality (assurance) reviews to support continuous improvement - including thematic reviews of issues, incidents, risk profiles, risk appetites and supporting metrics.
  • Implement, maintain and promote engagement with a new Group Enterprise Risk Management (ERM) system to become the Group’s Risk MIS. 
  • Partake in project initiatives providing specialised risk advice to drive the timely and cost-effective embedding of project to BAU.
  • Develop and support training and development initiatives, driving risk maturity and technical skills uplift across the 1st and 2nd Line. 
  • Address any queries employees have on a daily basis regarding legal and compliance, to minimise of compliance breaches through staff being aware of their obligations.
  • Engage actively with APRA, ASIC, AUSTRAC and other regulators in conjunction with the CRO.

Skills & Qualifications

  • 5+ years of 2nd Line operational risk experience; and/or
  • 5+ risk management / advisory / consulting experience in a related capacity (e.g. audit, compliance, assurance) across Financial Services.
  • Adept in effectively designing and executing testing plans, reviewing scopes/reports and carrying out assigned reviews.
  • Some experience in developing and implementing Risk & Compliance frameworks for small to medium financial institutions.
  • Practical business partnering experience with the stakeholders to continuously add value.
  • Outstanding ability to verbalise / articulate operational risk issues to influence senior stakeholders.
  • Basic knowledge of the prudential and regulatory environment where a large bank is operating in (APRA, NCCP Responsible Lending, Privacy Act, AUSTRAC etc.)
  • Relevant qualifications such as CA/CPA, CIA, CISA, CFA, FRM, MBA are desirable.

For further information on this role or to confidentially apply, please contact Eugena Gong on 02 8227 9200 or apply directly via the Apply for this job button. Only WORD FORMAT CVs will be accepted.