Deputy Chief Risk Officer (CRO)

ExecThread; Melbourne; On-site; AUD 260,000 - 380,000; Full time

Job summary

ExecThread seeks a Deputy Chief Risk Officer to steer enterprise risk and compliance and drive a hands-on risk transformation. The role designs and implements the target risk operating model, strengthens risk frameworks, controls and accountability, and improves risk data, mapping, automation and reporting for executive and board risk committees.

The successful candidate will lead a sizeable team, build trusted relationships with senior stakeholders, and act as deputy to the Chief Risk, Legal

Qualifications

• Senior risk and compliance leadership experience in regulated financial services.
• End-to-end enterprise risk transformation experience.
• Postgraduate study or accreditation in risk, compliance or governance is desirable.

Responsibilities

• Lead enterprise risk and compliance functions and risk transformation program.
• Design target risk operating model and strengthen frameworks and controls.
• Embed accountability and monitor risk data, mapping, automation and reporting.
• Support executive and board risk committees with updates.

Skills

Enterprise risk

Regulatory compliance

Leadership

Stakeholder management

Data analytics

Education

Postgraduate risk/compliance accreditation

Tools

GRC platforms

Risk data tooling

Job description

The Company is seeking a Deputy Chief Risk Officer to lead enterprise risk and compliance and deliver a hands-on risk transformation. The role includes designing and implementing the target risk operating model, strengthening risk frameworks and controls, and embedding clear accountability across the organization. The successful candidate will improve risk data, mapping, automation, and reporting, while providing decision-useful updates to executive and board risk committees.

They will lead and develop a sizeable team, build trusted relationships with senior stakeholders, and act as deputy to the Chief Risk, Legal and Governance Officer for risk matters within delegated authority. Candidates should bring end-to-end enterprise risk transformation experience and substantial senior risk and compliance leadership in regulated financial services. They need practical expertise in

Three Lines accountability, control ownership, independent oversight, and Australian regulatory expectations, alongside experience in operational, technology, platform risk, resilience, and assurance. Strong people leadership, stakeholder influence, data and technology fluency, and disciplined prioritization are essential. A relevant tertiary degree or equivalent professional experience is required; postgraduate study or relevant risk, compliance, or governance accreditation is desirable.

Experience in wealth, investment platforms, superannuation, fintech, or another regulated, technology-led organization is an advantage.

Functions

• Finance