Principal Risk Advisor

Beilby Downing Teal Pty Ltd; Western Australia; On-site; AUD 170,000 - 210,000; Full time

Benefits offered by this job

Flexible work options

Health & wellbeing

Generous leave

Diversity & inclusion

Professional development

Salary packaging

Modern offices

Job summary

Western Australian Treasury Corporation (WATC) is seeking an experienced Principal Risk Advisor to lead credit risk, investment oversight and strategic risk management for a broad portfolio. You will provide expert advice, influence governance forums and support key decisions with financial and public sector impact.

You will lead a small team, build relationships with senior stakeholders and drive continuous improvement across risk processes while delivering practical, commercially informed

Qualifications

• Broad commercial and financial experience across risk management and governance.
• Strong credit risk assessment and monitoring capabilities.
• Ability to provide strategic, commercially informed risk advice.

Responsibilities

• Provide expert advice on credit-related matters, including local government lending assessments.
• Oversee credit monitoring activities and support the Executive Credit Committee.
• Co-ordinate monthly credit reporting to the Board.
• Manage relationships with Treasury to support the State's credit ratings and oversee investment portfolios.
• Contribute to strategic risk management across credit, investments and related matters.
• Support strategic initiatives and continuous improvement within risk practices.
• Lead, develop and mentor two direct reports.

Skills

Financial risk management

Credit risk analysis

Strategic thinking

Stakeholder engagement

Data analytics

Regulatory knowledge

Leadership

Tools

Risk management software

Board reporting tools

Data visualization (Power BI)

Job description

About WATC

As the State's central financial services provider, Western Australian Treasury Corporation (WATC) cares about the financial health of Western Australia's government sector. WATC partner with government entities to achieve sound financial outcomes and provide access to a comprehensive range of corporate finance, debt and investment, risk management and foreign exchange products and advisory services. They also provide their investors with secure and sustainable opportunities.
You can find out more about the organisation including WATC's purpose, history and key activities by visiting the About Us tab on the WATC website.

The Opportunity

Due to internal promotion, an opportunity for an experienced financial risk professional has arisen within WATC. Working in the Risk Management team, the Principal Risk Advisor will play a pivotal role within a broad and strategically significant portfolio encompassing credit risk, investment oversight and supporting WATC's strategic initiatives.

As Principal Risk Advisor, you will be a principal source of expertise on credit-related matters and provide strategic, commercially informed advice that extends beyond traditional risk processes. You will work closely with senior stakeholders, support key governance forums, and contribute to decisions with significant financial and public sector impact.

The role also provides the opportunity to lead and develop two direct reports while driving continuous improvement across established practices and processes.

Key activities include:

• Providing expert advice on credit-related matters, including local government lending assessments.
• Overseeing credit monitoring activities and supporting the Executive Credit Committee.
• Coordinating monthly credit reporting to the Board.
• Managing key relationships with Treasury to support the State's credit ratings, together with oversight over investment portfolios in the State.
• Contributing strategic advice across credit risk, investments and broader financial risk matters.
• Supporting WATC strategic initiatives that deliver meaningful financial and public sector outcomes.
• Identifying and implementing opportunities for continuous improvement.
• Leading, supporting and developing two direct reports.
• Building productive relationships and influencing stakeholders across a complex operating environment.

About You

WATC's ideal candidate will bring broad commercial and financial experience, sound risk judgement, and the confidence to challenge established practices constructively. While a strong understanding of credit analysis and financial risk is important, this is not a narrowly technical role.

Success will require the ability to understand financial risk in context, apply a strategic and commercial lens, and contribute across a broad portfolio. You will be comfortable considering the wider implications of risk decisions and identifying practical opportunities to strengthen approaches, processes and outcomes.

Your background is likely to include substantial exposure to credit analysis, financial assessment and risk management, supported by well-developed business judgement and a strategic perspective.

If you can demonstrate your capabilities against the following key criteria, we would love to hear from you:

• Well-developed knowledge of financial risk management practices.
• Well-developed knowledge of current regulations, standards and practices in relation to credit risk management.
• Well-developed analytical skills, especially in relation to financial analysis.
• Well-developed knowledge of financial markets and financial instruments.
• Highly developed research and analytical skills.
• Broad understanding of credit risk principles.
• Sound strategic planning, delegation and management skills.
• Digital confidence and curiosity, including the ability to use data, systems and emerging technologies to strengthen risk insights, improve reporting and identify better ways of working.

WATC Values

Integrity - We are open, honest and accountable. We adhere to the highest professional and ethical standards. We honour our promises.

Partnership - We work collaboratively with our stakeholders and colleagues towards achieving successful outcomes.

Adaptability - We challenge ourselves to think creatively and to continuously improve.

Achievement - We are engaged and focused on delivering valued outcomes for Western Australia.

Leadership - We use our knowledge and experience to contribute to the long-term benefit of Western Australia.

Employee Benefits

WATC offer a range of benefits beyond remuneration that include:

• Flexible work arrangements:
  • A supportive approach to flexibility, wellbeing and work / life balance
  • Working from home options and flexible start and finish times
  • Compressed work schedules and part-time work opportunities.
• Health and wellbeing focus:
  • A calendar of a range of wellbeing activities
  • Two wellbeing days annually
  • Discounted health insurance.
• Generous leave:
  • 12.5 days personal leave per year
  • Up to 12 weeks paid parental leave (on top of government paid parental leave scheme)
  • Access to purchase additional annual leave.
• Diverse, inclusive and supportive work environment:
  • Strong organisational focus on diversity and inclusion
  • A reward and recognition program.
• Professional development opportunities:
  • Professional memberships
  • Support for tertiary education.
• Salary Packaging:
  • Novated lease for the purchase of a car
  • Salary packaging for personal IT equipment.
• Contemporary offices:
  • Sit-stand desks and personal lockers
  • Free gym access and fitness classes in the building
  • Excellent end of trip facilities.

To find out more about the benefits of working at WATC, visit their Careers page.

Only candidates with unrestricted working rights in Australia will be considered