Operational Risk Lead - Second Line, Controls & Reporting

Bluefin Resources Pty; Sydney; On-site; AUD 120,000 - 190,000; Full time

Job summary

Bluefin Resources Pty is seeking an Operational Risk Manager to provide 2nd line oversight across operational and non-financial risks within a financial services setting. You will review risk and control assessments, escalate gaps, and support governance reporting while partnering with 1st line stakeholders.

The role focuses on risk frameworks, control design and effectiveness, and maintaining robust risk information and evidence to support senior management oversight and regulatory commitments.

Qualifications

• 2nd line risk management experience is essential, ideally gained within financial services.
• Hands-on experience across operational and/or non-financial risk.
• Strong understanding of risk and control frameworks and 2nd line oversight responsibilities.
• Experience reviewing risk assessments, controls and control effectiveness.
• Ability to effectively review and challenge first-line risk activities and identify gaps requiring escalation.
• Strong analytical, documentation and risk reporting skills.
• Confident stakeholder management skills with the ability to work across both first and second-line teams.

Responsibilities

• Support 2nd oversight of operational and non-financial risks.
• Review risk and control assessments, identifying gaps, emerging risks and areas requiring escalation.
• Support control reviews and assessments of design and operating effectiveness.
• Provide effective 2nd review and challenge across 1st line risk activities.
• Maintain risk and control information, registers and supporting documentation.
• Prepare risk reporting and materials for senior management and governance forums.
• Support the consistent application of risk frameworks, policies and standards.
• Identify recurring risk themes and control gaps and escalation for senior review.
• Support audit, assurance and regulatory activities, including evidence gathering and action tracking.
• Partner with 1st line stakeholders while maintaining appropriate 2nd line independence and challenge.

Skills

Second-line risk management

Operational risk

Non-financial risk

Stakeholder management

Risk reporting

Job description

Bluefin Resources Pty is seeking an Operational Risk Manager to provide 2nd line oversight across operational and non-financial risks within a financial services setting. You will review risk and control assessments, escalate gaps, and support governance reporting while partnering with 1st line stakeholders.

The role focuses on risk frameworks, control design and effectiveness, and maintaining robust risk information and evidence to support senior management oversight and regulatory commitments.