Risk Manager

AustralianSuper; City of Melbourne; On-site; AUD 120,000 - 160,000; Full time

Job summary

AustralianSuper is seeking an experienced risk professional for a 12-month fixed-term role within our risk program. Reporting to the Senior Risk Lead, you will manage delivered risks, design controls, and provide pragmatic risk advice to support the future member service model.

You will collaborate with stakeholders across the Member Domain and broader Fund, lead end-to-end risk assessments, and ensure appropriate risk governance and compliant outcomes in a high-performance environment.

Qualifications

• 5+ years in operational risk, ideally within financial services.
• Strong knowledge of risk and compliance frameworks, particularly within a Line 1 environment.
• Experience in financial advice within the superannuation industry preferred.
• Analytical and problem-solving capabilities.
• Ability to work autonomously with competing priorities and remain composed under pressure.
• Strong stakeholder engagement and ability to provide pragmatic, commercially sound risk advice.
• High level of professionalism and discretion with confidential matters.
• Ability to build and maintain relationships across all levels of the organisation.
• Willingness to obtain RMIA/GIA accreditation after joining AustralianSuper.
• Ability to translate external regulatory requirements to shape business outcomes.

Responsibilities

• Proactively engage with stakeholders across workstreams and act as the first point of contact for delivered risks, providing balanced risk advice aligned to business objectives.
• Participate in workstream ways of working, including working groups, stand-ups, workshops and check-ins.
• Lead end-to-end delivered risk assessments for key workstreams, including identifying, designing and implementing controls and improvements.
• Coordinate and formally capture risk acceptances with Business Risk Owners.
• Provide risk input into business requirements, solution design and future state process mapping.
• Complete ad-hoc risk assessments supporting key decisions across allocated workstreams.

Skills

Operational risk

Financial services

Risk frameworks

Stakeholder engagement

Accreditation (RMIA/GIA)

Education

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.

Your New Role (12-month fixed term)

Reporting to the Senior Risk Lead, you will sit within a program implementing the future member service model, partnering with project workstreams to support delivery of superior member outcomes. You will ensure the right level of risk is taken to achieve strategy, with appropriate controls, mitigating actions and indicators in place to manage and monitor delivered risks.

You will work closely with stakeholders across the Member Domain and broader Fund, providing pragmatic risk advice while helping maintain a simple, effective and fit-for-purpose risk ecosystem.

Key duties include but are not limited to:

• Proactively engage with stakeholders across workstreams and act as the first point of contact for delivered risks, providing balanced risk advice aligned to business objectives.
• Participate in workstream ways of working, including working groups, stand‑ups, workshops and check‑ins.
• Lead end‑to‑end delivered risk assessments for key workstreams, including identifying, designing and implementing controls and improvements.
• Coordinate and formally capture risk acceptances with Business Risk Owners.
• Provide risk input into business requirements, solution design and future state process mapping.
• Complete ad‑hoc risk assessments supporting key decisions across allocated workstreams.

What You'll Need

• Proven experience (5+ years) in operational risk, ideally within financial services.
• Strong knowledge of risk and compliance frameworks, particularly within a Line 1 environment.
• Experience in financial advice within the superannuation industry will be highly regarded.
• Critical thinking with strong analytical and problem‑solving capability.
• Ability to work autonomously, manage competing priorities and remain composed under pressure.
• Strong stakeholder engagement skills with the ability to influence and provide pragmatic, commercially sound risk advice.
• High level of professionalism and discretion when handling confidential matters.
• Ability to build and maintain effective relationships across all levels of the organisation.
• 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.
• 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 like for you.

We cultivate a workplace that champions safety, respect, inclusiveness and diversity. We are committed to supporting our diverse workforce in a way that is inclusive and embraces diversity in all its forms.

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

Agencies please note: this vacancy is being managed directly by AustralianSuper's Talent Acquisition team. We will contact our preferred agency partners should we require additional support. Thank you.

AustralianSuper is an equal opportunity employer. We support diversity and inclusion and encourage applications from all backgrounds. If you require any reasonable adjustments to the recruitment process or the role, please let our recruitment team know.