Partner - Business Risk & Compliance

26RACIA RAC Insurance Pty Limited; Perth; Hybrid; AUD 180,000 - 260,000; Full time

Benefits offered by this job

Flexible working arrangements

Professional development support

Employee benefits

Job summary

RAC Insurance is seeking a Partner – Business Risk & Compliance to lead and develop the Bank's high-performing risk and compliance function in Western Australia. The role partners with business leaders to embed risk controls and manage regulatory obligations across the insurance division.

You will oversee incident management, controls testing and reporting to executives and boards, while advancing a proactive risk culture and practical solutions that align with appetite and strategic priorities.

Qualifications

• Significant experience leading Line 1 Risk and/or Compliance functions within regulated environments.
• Proven people leadership capability with coaching and performance management.
• Strong experience applying risk management frameworks, standards and principles.
• Sound knowledge of risk and compliance management practices and regulatory obligations.
• Excellent report writing and communication skills for executives, committees and boards.

Responsibilities

• Lead and develop a high-performing Business Risk & Compliance team.
• Embed RAC Insurance's Risk & Compliance Management Frameworks.
• Partner with business leaders to manage risks, controls and obligations.
• Oversee incident management, investigations, remediation and regulatory reporting.
• Enhance the controls assurance framework, including testing and design.
• Coordinate risk reporting for executives and governance committees.
• Support FAR implementation and advise senior leaders.
• Foster a positive risk culture through coaching and stakeholder engagement.
• Coordinate strategic and operational risk reviews with business unit leaders.

Skills

Risk leadership

People leadership

Stakeholder engagement

Analytical thinking

Communication

Education

Tertiary qualifications in insurance or risk management

Job description

What you\'ll be doing

• Lead and develop a high-performing Business Risk & Compliance team.
• Drive the ongoing implementation and embedment of RAC Insurance\'s Risk & Compliance Management Frameworks.
• Partner with business leaders, risk owners to effectively manage risks, controls and compliance obligations.
• Lead the oversight of incident management processes, including investigation, remediation, breach reporting and regulatory obligations.
• Manage and enhance the controls assurance framework, including control design and effectiveness testing.
• Coordinate executive and committee risk reporting, strategic risk reviews and compliance activities.
• Support the implementation of the Financial Accountability Regime (FAR) and provide guidance to senior leaders.
• Foster a positive risk culture through coaching, guidance and stakeholder engagement across the business.
• Coordinating regular strategic and operational risk reviews, including collating risk profile details for business unit leaders.

What you\'ll bring

• Significant experience leading Line 1 Risk and/or Compliance functions within financial services, insurance, consulting, or another highly regulated environment.
• Proven people leadership capability, with experience leading and developing leaders and high-performing teams through clear accountability, coaching and performance management.
• Strong experience applying risk management frameworks, standards and principles.
• Sound knowledge of risk and compliance management practices and regulatory obligations.
• Working knowledge of APRA Prudential Standards, ASIC regulatory requirements, the Insurance Contracts Act and Corporations Act.
• Exceptional analytical, problem-solving and critical thinking skills.
• Proven ability to influence, coach and build effective stakeholder relationships.
• Strong report writing and communication skills, with experience preparing papers for senior executives, committees and boards.
• A proactive mindset with a focus on continuous improvement and practical risk management solutions.
• Tertiary qualifications in insurance, risk management or a related discipline (desirable

What can we offer you?

• A senior leadership role with genuine accountability and influence across RAC Insurance, including leadership of an established Business Risk & Compliance team, which includes people leaders and specialist professionals.
• Direct engagement with executives and key governance committees on material risk and compliance matters.
• The mandate to improve systems and practices - not simply maintain existing processes.
• Flexible working arrangements, professional development support and employee benefits.

Why Join Us?

At RAC, you\'ll be part of a purpose-driven organisation that values its employees\' contributions. We offer a collaborative and supportive work environment, where professional growth and development are encouraged.

Applications Close Friday 16th October 2026. We encourage you to apply as soon as possible, as RAC reserves the right to close this vacancy without notice. #BetterJourneysRAC #LI-LH1

With over 1.3 million members RAC is one of WA\’s most iconic and trusted brands. We are a purpose‑led member organisation striving to create greater value for our members and deliver on our purpose to be "The driving force for a better WA." We're looking for an experienced Partner – Business Risk & Compliance to join our Insurance division and play a pivotal role in supporting and embedding effective risk management and compliance practices across the business. This position leads people leaders and direct reports who partner closely with stakeholders to ensure risks are identified, monitored, and managed within appetite, while supporting a culture of accountability and continuous improvement.

RAC is a purpose‑led member organisation. Established in 1905, RAC has evolved into one of the most trusted organisations in the state, with more than 1.3 million members. At RAC we don\’t have shareholders. That means we reinvest our profits for the better of our members and our State. Our Purpose is to be the driving force for a better WA. Our Vision to 2030 is to create a safer, sustainable and connected future for Western Australians. Our Mission is delivering great member services and experiences, whilst inspiring positive community change that makes life better in WA.

RAC is an equal opportunity employer. We continue to build an inclusive workplace where we respect and celebrate differences. We encourage applications from diverse groups including Indigenous and Torres Strait Islander people, physical ability, all ages, LGBTQI+ identities, all languages and diverse cultures and backgrounds. For any assistance please contact [e-mail]