Risk Analyst

AustralianSuper; City of Melbourne; On-site; AUD 90,000 - 120,000; Full time

Benefits offered by this job

Generous leave entitlements

Blended working environment

Learning and development opportunities

Job summary

AustralianSuper is recruiting a Risk Analyst to join the Line 1 Risk team within the Member Domain. The role supports the Governance & Accountability function, ensuring risk is managed in line with the Fund Enterprise Risk Management Framework, incidents and breaches are controlled, and risk reporting data is accurate.

The successful candidate will work closely with incident owners, perform root cause analysis, and contribute to control enhancements in a dynamic regulatory environment within a

Qualifications

• Experience in Operational Risk, Compliance, Internal or External Audit, or Fraud Management.
• Experience in incident, breach and/or fraud management is highly regarded.
• Working knowledge of risk and compliance frameworks, including incident and breach management.
• Strong written and verbal communication and the ability to summarize complex scenarios for diverse audiences.

Responsibilities

• Investigate incidents and gather information to understand impact and resolution.
• Conduct root cause analysis and identify control improvements.
• Develop sustainable, commercial solutions to mitigate recurring incidents.
• Monitor incidents to ensure timely and complete management and reporting.
• Support risk reporting with data integrity and insights for decision making.
• Assist in control design and testing, implementing uplift recommendations.
• Identify and design controls to mitigate risks and obligations.
• Assist in preparing periodic operational risk reporting and incident management reporting.

Skills

Operational Risk

Compliance

Incident Management

Root Cause Analysis

Stakeholder Comm

Regulatory Awareness

RMIA/GIA Accreditation

Job description

At AustralianSuper, we truly care about our colleagues. We know work and life are intertwined. That's why we support the diverse needs of everyone and have policies that enable us all to thrive and be truly flexible. We ensure diversity is celebrated for the opportunity it provides us all to learn and grow and deliver better outcomes for members. We are dedicated to building a high-performance environment underpinned by a strong risk culture, ensuring we deliver the best outcomes for our members.

The Risk Analyst is a key member of the Line 1 Risk team for the Member Domain, supporting a range of operational risk responsibilities across incidents, breaches, controls, reporting and the GRC system. The role works within a dynamic and fast-paced environment, shaped by a complex regulatory landscape.

Your New Role

Reporting to the Manager, Incidents, this role will support the Governance & Accountability team to ensure risk is managed in accordance with the Fund Enterprise Risk Management Framework. You will also help manage incidents and breaches in line with Fund and regulatory compliance obligations, support root cause analysis, and contribute to control enhancements and data integrity across risk reporting.

Key duties include but not limited to;

• Working directly with incident owners, conduct initial investigations and gather adequate information to understand the nature and impact of incidents so that appropriate decisions can be made at the management and resolution of incidents.
• Undertake root cause analysis and identify process or control improvement opportunities, where applicable.
• Help the business identify and develop sustainable and commercial solutions for implementation that mitigate further incidents occurring.
• Proactively monitor incidents to ensure they are appropriately managed, and all key activities have been completed within expected timeframes and to the required standard.
• Ensure incident and breach reporting data integrity to enable accurate reporting and assist with generating insights that will enable improved decision making.
• Execute control design and operating effectiveness testing including the identification and implementation of uplift recommendations.
• Identification and design of controls to mitigate risks and/or fulfill obligations.
• Assist in preparing periodic operational risk reporting and/or specific incident management reporting for various functions.

What You'll Need

• Experience in Operational Risk, Compliance, Internal or External Audit, or Fraud Management, preferably in superannuation or financial services.
• Experience in incident, breach and/or fraud management will be highly regarded.
• Working knowledge of risk and compliance frameworks, including incident and breach management.
• Good understanding of controls management practices, including root cause analysis.
• Critical thinking, strong analytical and problem-solving skills, and the ability to communicate complex factual scenarios in an easily digestible manner.
• Strong written, oral communication and interpersonal skills, with the ability to present ideas, perspectives and issues to a range of audiences including non-risk colleagues, 2nd line colleagues and senior stakeholders
• High level of personal integrity and the ability to professionally handle confidential matters.
• Commercially astute, with the ability to offer pragmatic advice based on sound risk management principles.
• Hold an accreditation in Risk Management from a recognised body like Risk Management Institute of Australasia (RMIA) or Governance Institute of Australia (GIA), or be willing to obtain one after joining AustralianSuper.
• Demonstrated ability to understand and translate external regulatory requirements to shape business outcomes.

Life at AustralianSuper

AustralianSuper is committed to colleague development, and we support our people with ongoing learning, coaching and training, as well as career opportunities across our expanding global organisation. We offer generous leave entitlements and promote a blended working environment in which all roles can flex, and we're happy to discuss what this looks at ? ??

We cultivate ….

What's Next

AustralianSuper uses AI to review resumes and conduct initial phone interviews. This involves processing your resume, cover letter, and voice recording in Australia and the USA to help assess your suitability for the applied role. When invited to an AI phone screening, you may opt for a traditional phone screening instead. For information on how we handle your personal data, please refer to our Candidate Privacy Policy:

https://www.australiansuper.com/careers/candidate-privacy-notice