Operational Risk Manager

BMW Group Financial Services Australia; City of Melbourne; On-site; AUD 120,000 - 150,000; Full time

Benefits offered by this job

Attractive remuneration

Flexible Work policy

Lifelong learning & career development

BMW & MINI promotions

Annual spend on BMW & MINI merchandise

Free onsite parking

Subsidised onsite gym

Dry cleaning services

Car wash facilities

Job summary

A leading automotive financial services provider is seeking an Operational Risk Manager to mitigate and manage operational risks. This role requires a Bachelor's Degree and at least 10 years of experience in the retail finance industry. The successful candidate will evaluate business operations, train staff, manage Key Risk Indicators, and maintain the Business Continuity Management plan. The position offers a flexible work policy and attractive remuneration among other benefits, fostering a dynamic and inclusive work environment.

Qualifications

• Minimum 10 years’ experience in retail finance industry and consumer lending.
• Knowledge of automotive financing is an advantage.

Responsibilities

• Evaluate the business through 2nd line monitoring to prevent operational risks.
• Provide training and support to the Operational Risk Delegate network.
• Manage Key Risk Indicators and report areas of concern to senior management.
• Maintain the Business Continuity Management plan with regular updates.
• Implement internal control frameworks, policies, and instructions.
• Participate in monthly National Risk Committee meetings.

Skills

Interpersonal skills

Stakeholder management

Education

Bachelor’s Degree in Business, Finance, Accounting

Job description

Join to apply for the Operational Risk Manager role at BMW Group Financial Services Australia

At the BMW Group, everything starts with passion. It takes a passionate team of analytical minds to know every detail in the larger context. People with the strategic expertise to understand tomorrow’s complex challenges and help prepare us to meet them. So if you’re looking for a big-picture role that gives you the opportunity to mitigate and manage operational risks and contribute to truly business-changing insights, join us in driving the future of risk management within our business.

What awaits you?

• Continually evaluating the business through 2nd line monitoring and implementing effective plans to track, report and prevent operational risks within the company.
• Provide training and support to the Operational Risk Delegate network.
• Manage the company’s Key Risk Indicators, including highlighting areas of concern to senior management.
• Maintain the company Business Continuity Management plan, including regular updates and co‑ordinating annual testing.
• Managing the company’s Internal Controls, including implementing local frameworks, policies and instructions.
• Provide regular operational risk management reporting and be an active participant in the monthly National Risk Committee.

What you should bring along?

• Bachelor’s Degree or higher education qualification in Business, Finance, Accounting or related equivalent discipline required.
• 10 years’ experience in the retail finance industry and consumer lending.
• Knowledge of automotive financing would be an advantage.
• Strong interpersonal skills with the ability to adapt to various stakeholders.

What do we offer?

• Attractive remuneration
• Flexible Work policy and practices
• Lifelong learning & career development
• BMW & MINI promotions and product offers
• Annual spend on BMW & MINI merchandise
• Free onsite parking
• Subsidised onsite gym, dry cleaning and car wash facilities
• A dynamic, inclusive and sustainable working environment

BMW Group is an equal opportunities employer and takes great pride in fostering and promoting diversity in every aspect of our work life and culture. We highly regard the skills, knowledge, experience, ideas, perspective and energy our diverse workforce brings into the company.

Employment at BMW Group Australia is conditional upon pre‑employment checks undertaken by the candidate on request and clearances received. This includes qualifications and employment checks, relevant background checks and may include Nationally Coordinated Criminal History Check(s) and credit check(s).

By submitting an application for a role at BMW Group Australia the candidate confirms:

• They have valid rights to work in Australia
• They agree to undertake integrity checks upon request should their candidacy progress to an offer of employment.

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Other