Manager, Risk Assurance

HCF Australia; Sydney; On-site; AUD 140,000 - 190,000; Full time

Benefits offered by this job

Flexible working arrangements

50% health cover subsidy

Family-friendly employer

18 weeks parental leave

Mental health programs

Product discounts

Job summary

HCF Australia is building a new Risk Assurance function. As Manager, Risk Assurance, you will deliver the Line 2 program, providing independent assurance that key risks are identified, managed and controlled across the organisation.

You will shape frameworks, methodologies and practices, strengthen risk management, support regulatory obligations and build confidence with stakeholders. Experience in financial services or regulated environments is highly valued.

Qualifications

• Experience in risk assurance, controls assurance or internal audit in regulated environments.
• Strong knowledge of risk management frameworks, governance and assurance practices.
• Experience assessing regulatory requirements including relevant standards.

Responsibilities

• Lead end-to-end risk assurance reviews, including planning, testing and remediation oversight.
• Develop assurance frameworks, methodologies and practices to strengthen risk management.
• Provide independent challenge and actionable recommendations to improve controls.
• Engage with senior stakeholders and influence outcomes while maintaining collaboration.

Skills

Risk management

Governance

Stakeholder engagement

Regulatory awareness

Control testing

Education

Bachelor degree in Business/Commerce/Law/Risk management

Professional certifications (CA/CPA/CIA)

Job description

Be part of building HCF's new Risk Assurance function, helping strengthen risk management across the organisation.

As Manager, Risk Assurance, you'll play a key role in delivering HCF's Line 2 Risk Assurance program, providing independent assurance that key risks are effectively identified, managed and controlled across the organisation.

This is an opportunity to join HCF's newly established Risk Assurance function and help shape a growing capability from the ground up. As the team continues to evolve, you'll contribute to the development of assurance frameworks, methodologies and practices that strengthen risk management, support regulatory obligations and build confidence across the business.

Leading assurance reviews across a broad range of enterprise risks, the role assesses control effectiveness, governance practices and compliance with regulatory requirements. Through practical, risk-based recommendations and trusted stakeholder partnerships, it helps drive stronger risk outcomes while providing independent challenge and valuable business insight.

About You

An experienced risk assurance, controls assurance or internal audit professional, you bring a strong understanding of risk management, controls and governance within a regulated environment.

Confident assessing risks and control frameworks, identifying opportunities for improvement and delivering practical recommendations, you're able to strengthen both business performance and regulatory compliance. Strong relationship-building skills enable you to influence senior stakeholders while balancing independent challenge with a collaborative approach.

Just as importantly, you're excited by the opportunity to help build and mature a growing assurance function. Working in evolving environments energises you, and you enjoy contributing new ideas, shaping frameworks and improving ways of working that will support the long-term success of the team.

To Be Successful, You'll Have

• Experience in risk assurance, controls assurance or internal audit within financial services, health insurance or a similarly regulated industry
• Strong knowledge of risk management frameworks, controls, governance and assurance practices
• Experience assessing regulatory compliance requirements, including APRA standards such as CPS 230 and broader ASIC/FAR obligations
• The ability to lead end-to-end assurance reviews, including planning, testing, reporting and remediation oversight
• Excellent stakeholder engagement, communication and influencing skills
• A degree in Business, Commerce, Law, Risk Management or a related discipline
• Professional certifications such as CA, CPA or CIA

Experience gained within a Big 4 or leading chartered firm will be highly regarded.

About HCF

At HCF, our purpose is to bring our human touch to healthcare. Since 1932 we’ve been putting our members and their health first. As Australia’s largest not-for-profit health fund, we cover 2 million members with health, life, travel and pet insurance and our vision is to make healthcare understandable, affordable, high quality and member centric.

We want to be true health partners to our members, easily guiding the healthcare choices that are right for them. At HCF, our values are the way we do things and create the necessary culture to help us realise our purpose and deliver our Strategy. Living our values in action we step forward, walk in their shoes, stay human, make it better and get there together.

Culture & Benefits

Purpose-driven passion

We’re united by a common purpose: to make healthcare affordable, understandable, high quality and member-focused.

Wellness and work-life balance

Skills

We’ll empower you with the necessary skills and tools to support your personal wellbeing journey, ensuring you perform at your best. Our offerings include:

• Flexible working arrangements
• 50% subsidy on HCF hospital and/or extras cover
• Family-friendly certified employer
• 18 weeks of parental leave for all new parents
• Mental health and wellbeing programs, including workshops, fitness classes, flu vaccinations, skin checks and more
• Discounts on HCF’s products, including life, pet and travel Insurance, as well as discounts at Fitness First gyms and on our eyecare products.

Collaboration and inclusivity

We embrace diversity as our strength and are committed to maintaining an inclusive and collaborative work environment. Our workplace is welcoming and safe for all our employees, irrespective of their unique characteristics including age, ethnicity, cultural or spiritual background, gender identity, disability, education and socio-economic status.

Continuous learning and growth

We believe in lifelong learning. HCF provides opportunities for personal and professional development. From workshops to mentorship programs, we encourage your growth and curiosity.