Business Risk Analyst

Australian Unity Limited; City of Melbourne; On-site; AUD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive salary

Well-Being leave days

14-week paid parental leave

Employee Referral Program

Employee Assistance Program

Maxxia Rewards

Private Health Insurance discounts

LinkedIn Learning courses

Job summary

Australian Unity Limited is seeking a proactive Business Risk Analyst to join our Wealth & Capital Markets team. You will embed risk and compliance frameworks, deliver management reporting, and partner with leaders to strengthen risk culture.

You will monitor regulatory developments, assess controls, and support audits and regulatory actions while contributing to a strong governance framework across the business.

Qualifications

• Relevant tertiary qualifications or equivalent experience in risk, compliance, governance, audit or a related discipline.
• Minimum of three years' post-graduate experience in risk, compliance, controls assurance or a comparable role.
• Knowledge of risk management, compliance and regulatory frameworks within financial services or a similarly regulated environment.
• Experience conducting risk analysis, control assessments, compliance monitoring or assurance reviews.
• Strong analytical and reporting skills, with the ability to identify material trends, emerging risks and areas requiring management attention.
• Excellent stakeholder management, communication and problem-solving skills.

Responsibilities

• Help embed and maintain risk and compliance frameworks across Wealth & Capital Markets, providing practical guidance and constructively challenging the business to support effective decision-making.
• Produce regular and ad hoc management reporting, analyse risk and compliance information to identify trends and emerging issues, and support targeted reviews and deep dives.
• Support the identification and documentation of key controls and critical processes, assess control design and effectiveness, perform control testing and help address identified control gaps.
• Monitor regulatory developments and ASIC updates, support compliance monitoring and assurance activities, and help the business respond to changing regulatory obligations and industry requirements.
• Maintain relevant risk and compliance registers and support the quality and accuracy of information recorded within the Governance, Risk and Compliance system.
• Develop and deliver targeted training, guidance and communications, helping leaders and employees understand and take ownership of their risks, controls, incidents and actions.
• Provide risk and compliance input into projects, business changes and product development, including the review of relevant customer and investor communications.
• Support the management and escalation of incidents, issues and control weaknesses, and help coordinate audit, assurance and regulatory actions through to closure.

Education

Tertiary qualifications in risk/compliance/governance/audit

Risk analysis

Regulatory reporting

Stakeholder engagement

Analytical skills

Problem solving

Job description

Established in 1840, we are Australia's first wellbeing company, delivering health, wealth and care services for our members and the community.

As a social enterprise, we're motivated by our purpose to positively impact the wellbeing of millions. We reinvest profits to deliver products and services sustainably that matter most to our members, customers and the Australian community.

For us, Real Wellbeing encompasses the whole experience of life. It's about feeling supported in your health, connected with your community and empowered to live life on your terms.

About the Opportunity:

We're looking for a proactive and analytical Business Risk Analyst to join our Wealth & Capital Markets team.

Reporting to the Senior Manager, Business Risk, you'll play an important role in supporting the effective management of compliance and non-financial risk across the business. Working closely with leaders and key stakeholders, you'll help embed risk and compliance frameworks, provide practical advice, deliver first-line assurance activities and contribute to a strong risk culture.

This is a fantastic opportunity for someone who enjoys partnering with the business, analysing risk and compliance information, identifying opportunities for improvement, and helping teams navigate a complex and evolving regulatory environment.

What you'll do:

• Risk and compliance support: Help embed and maintain risk and compliance frameworks across Wealth & Capital Markets, providing practical guidance and constructively challenging the business to support effective decision‑making.
• Analysis and reporting: Produce regular and ad hoc management reporting, analyse risk and compliance information to identify trends and emerging issues, and support targeted reviews and deep dives.
• Controls and first-line assurance: Support the identification and documentation of key controls and critical processes, assess control design and effectiveness, perform control testing and help address identified control gaps.
• Regulatory and compliance monitoring: Monitor regulatory developments and ASIC updates, support compliance monitoring and assurance activities, and help the business respond to changing regulatory obligations and industry requirements.
• Risk systems and registers: Maintain relevant risk and compliance registers and support the quality and accuracy of information recorded within the Governance, Risk and Compliance system.
• Risk culture and capability: Develop and deliver targeted training, guidance and communications, helping leaders and employees understand and take ownership of their risks, controls, incidents and actions.
• Business and regulatory change: Provide risk and compliance input into projects, business changes and product development, including the review of relevant customer and investor communications.
• Incident, issue and action management: Support the management and escalation of incidents, issues and control weaknesses, and help coordinate audit, assurance and regulatory actions through to closure.

About us

Established in 1840, we are Australia's first wellbeing company, delivering health, wealth and care services for our members and the community.

As a social enterprise, we're motivated by our purpose to positively impact the wellbeing of millions. We reinvest profits to deliver products and services sustainably that matter most to our members, customers and the Australian community.

For us, Real Wellbeing encompasses the whole experience of life. It's about feeling supported in your health, connected with your community and empowered to live life on your terms.

About the Opportunity:

We're looking for a proactive and analytical Business Risk Analyst to join our Wealth & Capital Markets team.

Reporting to the Senior Manager, Business Risk, you'll play an important role in supporting the effective management of compliance and non-financial risk across the business. Working closely with leaders and key stakeholders, you'll help embed risk and compliance frameworks, provide practical advice, deliver first‑line assurance activities and contribute to a strong risk culture.

This is a fantastic opportunity for someone who enjoys partnering with the business, analysing risk and compliance information, identifying opportunities for improvement, and helping teams navigate a complex and evolving regulatory environment.

What you'll do:

• Risk and compliance support: Help embed and maintain risk and compliance frameworks across Wealth & Capital Markets, providing practical guidance and constructively challenging the business to support effective decision‑making.
• Analysis and reporting: Produce regular and ad hoc management reporting, analyse risk and compliance information to identify trends and emerging issues, and support targeted reviews and deep dives.
• Controls and first-line assurance: Support the identification and documentation of key controls and critical processes, assess control design and effectiveness, perform control testing and help address identified control gaps.
• Regulatory and compliance monitoring: Monitor regulatory developments and ASIC updates, support compliance monitoring and assurance activities, and help the business respond to changing regulatory obligations and industry requirements.
• Risk systems and registers: Maintain relevant risk and compliance registers and support the quality and accuracy of information recorded within the Governance, Risk and Compliance system.
• Risk culture and capability: Develop and deliver targeted training, guidance and communications, helping leaders and employees understand and take ownership of their risks, controls, incidents and actions.
• Business and regulatory change: Provide risk and compliance input into projects, business changes and product development, including the review of relevant customer and investor communications.
• Incident, issue and action management: Support the management and escalation of incidents, issues and control weaknesses, and help coordinate audit, assurance and regulatory actions through to closure.

About You:

You're a collaborative and commercially minded risk professional who enjoys working closely with stakeholders to help them manage risk and make informed decisions.
You bring strong analytical skills, attention to detail and a proactive approach to problem‑solving. Comfortable working in a complex environment, you're able to manage changing priorities and tight deadlines while building trusted relationships across the business.

You will bring:

• Relevant tertiary qualifications or equivalent experience in risk, compliance, governance, audit or a related discipline
• A minimum of three years' post-graduate experience in risk, compliance, controls assurance or a comparable role
• Knowledge of risk management, compliance and regulatory frameworks within financial services or a similarly regulated environment
• Experience conducting risk analysis, control assessments, compliance monitoring or assurance reviews
• Strong analytical and reporting skills, with the ability to identify material trends, emerging risks and areas requiring management attention
• Excellent stakeholder management, communication and problem‑solving skills
• The confidence to provide practical advice and constructively challenge stakeholders
• The ability to manage tight deadlines, ambiguity and changing priorities within a complex environment
• Experience within wealth management, investment management, superannuation or broader financial services will be highly regarded

Why Join Us?

You will enjoy a range of great employee benefits and rewards including:

• Competitive salary
• Enjoy additional yearly Well-Being and Community leave days
• 14-week paid parental leave, with equal benefit for both parents
• Employee Referral Program
• Employee Assistance Program - support and assistance for you and your partner at those times in life when you need it most
• Maxxia Rewards - a great range of discounts and benefits at selected retail outlets, department stores, attractions, travel, cinemas, restaurants.
• Discounts across the Australian Unity business including Private Health Insurance, General Insurance + more!
• Available access to LinkedIn Learning courses through our great Learning platform

For further benefits visit: https://www.australianunity.com.au/careers/culture

Applications close: Friday, 16 October 2026

Australian Unity is an Equal Opportunity employer and we encourage applications from all members of the community, including people of Aboriginal and Torres strait Islander descent, culturally and linguistically diverse backgrounds and, mature aged people.