Manager, Risk Transformation (18-month max term)

Australian Securities Exchange; Sydney; Hybrid; AUD 150,000 - 190,000; Full time

Job summary

Australian Securities Exchange in Sydney is seeking a Manager, Risk Transformation for a fixed-term 18-month role. You will lead enterprise risk policy initiatives, align standards with updated risk architecture, and embed risk appetite and regulatory obligations across policy design.

The role requires experience in risk profiling, risk control frameworks, and financial risk management, with strong analytical and mathematical skills. Hybrid work options are available in Australia.

Qualifications

• Experience with risk profiling and risk control frameworks.
• Experience in financial risk management (market/credit/liquidity) or regulatory capital experience in a financial institution.
• Strong analytical ability with good mathematical/statistical capabilities.
• Knowledge of financial risk management concepts and techniques.

Responsibilities

• Work with the Risk Transformation team and CRP to understand the scope of enterprise risk change initiatives.
• Align policy design and drafting of standards with updated enterprise risk management policy architecture.
• Embed risk appetite and regulatory obligations into policy requirements and thresholds.
• Develop and maintain the policy risk profile to align with the enterprise risk management framework.
• Design and document controls and testing expectations within the framework.
• Coordinate implementation of changes and ensure embedment is complete and sustained.
• Partner with Line 1 Risk to socialise changes with stakeholders.

Skills

risk profiling

risk control frameworks

financial risk management

regulatory capital

analytical ability

mathematical skills

risk management concepts

Job description

Manager, Risk Transformation (18-month max term)

Australian Securities Exchange – Sydney NSW

ASX: Powering Australia's financial markets

Why join the ASX?

When you join ASX, you're joining a company with a strong purpose - to power a stronger economic future by enabling a fair and dynamic marketplace for all.

In your new role, you'll be part of a leading global securities exchange with a strong brand. We are known for being a trusted market operator and an exciting data hub.

www.asx.com.au/about/careers/a-great-place-to-work

We are more than a securities exchange!

The ASX team brings together talented people from a diverse range of disciplines.

We run critical market infrastructure, with 1 in 3 people employed within technology. Yet we have a unique complexity of roles across a range of disciplines such as operations, program delivery, financial products, investor engagement, risk and compliance.

We're proud to foster a workplace where diversity is celebrated and inclusion is part of our everyday culture. Our employee‑led networks champion LGBTIQ+ inclusion, promote gender equality, accessibility and wellbeing, inspire giving and volunteering, and celebrate cultural and religious events, creating a sense of belonging for all. As an AWEI Bronze employer and member of the Champions of Change Coalition for gender equality, we're committed to a fair and inclusive workplace where everyone can thrive.

About the team:

To serve as the Clearing Risk Policy team's subject matter expert on new enterprise risk initiatives, proactively identifying how they affect policies, controls and processes, and planning, executing and maintaining their effective embedment into the policy work.

Clearing Risk Policy (CRP) is responsible for the following in respect of clearing and settlement risk management:

• Sets the clearing and settlement risk policy framework that governs the clearing and settlement risk practices of the CCPs.
• Develops risk policies, guided by ASX risk appetite, domestic and international FMI standards.
• Conducts quantitative and qualitative analysis to develop and inform policy decisions.
• Assess the appropriateness of new and existing traded products to maintain the integrity of products cleared by the CCPs.
• Ensures good risk governance best practice through comparison of approaches with international peers.

What you will be doing:

Working with the Risk Transformation team and CRP, ensure full understanding of the scope of the organisation's enterprise risk change initiatives:

• • Alignment of policy design, structure and drafting of standards with the updated enterprise risk management policy architecture and policy governance approach
  • Embed risk appetite and regulatory obligations into policy requirements, and thresholds/decision‑making criteria within the standards
  • Develop and maintain the policy risk profile to ensure it aligns with the enterprise risk management framework
  • Design and document effective controls and control testing expectations which are aligned with the enterprise risk management framework
• Together with CRP, proactively and comprehensively identify which initiatives require embedment in CRP's work, analyse the nature and magnitude of each impact, and determine the corresponding changes required.
• Develop and maintain forward plans to embed the new risk initiatives into policy business‑as‑usual ensuring they are consistently applied across all frameworks and documents.
• Work with the CRP team to ensure full and comprehensive embedment of the initiatives above.
• Co‑ordinate and track implementation of these changes, ensuring embedment is completed, evidenced and sustained in ongoing policy practice.
• Partner with Line 1 Risk to socialise relevant changes to impacted stakeholders.

What you will bring:

Must have

• Experience with risk profiling, and risk control frameworks
• Experience in financial risk management (market/credit/liquidity) or regulatory capital experience in a financial institution
• Strong analytical ability, good mathematical/statistical capabilities
• Knowledge of financial risk management concepts and techniques

Nice to have

• Experience of overseas exchange/clearing house activities
• Knowledge of the Australian financial markets regulatory environment
• Experience presenting to senior management

We make hiring decisions based on your skills, capabilities and experience, and how you'll help us to live our values. We encourage you to apply even if you don't meet all the criteria of this role.

If you need any adjustments during the application or interview process to help you present your best self, please let us know at *******@asx.com.au.

At ASX Group, our diverse workforce is essential to build and maintain a fair and dynamic marketplace. We support flexible working and offer hybrid working options. Even if our roles are advertised as full-time, we encourage you to apply if you are interested in part-time or other flexible working arrangements.

We will arrange for successful candidates to have background checks, including reference and police checks, completed as part of the on‑boarding process.

To be considered for this position, candidates must be legally authorised to work in Australia on a permanent basis without any restrictions.