Risk Manager - Asset Management

IOOF Holdings Limited; Sydney; On-site; AUD 150,000 - 190,000; Full time

Job summary

IOOF Holdings Limited is seeking a Risk Manager for its Line 1 Risk team in Sydney. The role partners with Asset Management to strengthen risk capability, embed best practice, and support strategic initiatives, ensuring strong risk management, regulatory compliance, and a proactive risk culture.

You will apply RMF across Asset Management, influence senior stakeholders, and provide risk guidance on strategic initiatives and ongoing projects.

Qualifications

• Minimum 5+ years experience in operational risk and compliance in financial services.
• Experience in wealth or funds management is preferred.
• Strong understanding of products and regulatory environment for managed investment schemes and wrap platforms is beneficial.
• Ability to influence and partner with senior stakeholders.
• Change management and project delivery experience in risk & compliance contexts.

Responsibilities

• Adhere and apply the organisation’s Risk Management Framework (RMF) and control environment across Asset Management.
• Partner with business leaders to strengthen risk practices and culture across Asset Management.
• Provide risk and regulatory advice on strategic initiatives, projects, and business activities.
• Assess regulatory developments and support the business to implement change effectively.
• Review proposals and initiatives to ensure compliance obligations and risk considerations are appropriately addressed.
• Provide clear, concise risk reporting and insights to business leaders.
• Work collaboratively with stakeholders across Risk, Compliance, and Internal Audit.
• Drive continuous improvement in risk processes, frameworks, and methodologies.

Skills

Operational risk

Regulatory compliance

Stakeholder management

Risk reporting

Education

Tertiary qualification in Accounting, Commerce, Banking or Law

Job description

Select how often (in days) to receive an alert:

• Be supported by leaders who want you to grow, thrive, and bring your authentic self
• Drive alignment and collaboration across teams so we move forward stronger together
• Sydney location

Join a team where risk is seen as a strategic enabler, not just a safeguard.

We’re looking for a Risk Manager to join our Line 1 Risk team, partnering closely with the Asset Management business to strengthen risk capability, embed best practice, and support strategic initiatives. This is a high-impact role where you’ll work directly with the business to ensure strong risk management, regulatory compliance, and a proactive risk culture.

What you’ll be doing

• Adhere and apply the organisation’s Risk Management Framework (RMF) and control environment across Asset Management
• Partner with business leaders to strengthen risk practices and culture across Asset Management
• Provide risk and regulatory advice on strategic initiatives, projects, and business activities
• Assess regulatory developments and support the business to implement change effectively
• Review proposals and initiatives to ensure compliance obligations and risk considerations are appropriately addressed
• Provide clear, concise risk reporting and insights to business leaders
• Work collaboratively with stakeholders across Risk, Compliance, and Internal Audit
• Drive continuous improvement in risk processes, frameworks, and methodologies

What we’re looking for

• Tertiary qualification in a relevant field or equivalent practical experience such as Accounting, Commerce, Banking or Law
• Minimum 5+ years experience in operational risk and compliance in the financial services sector. Experience in wealth / funds management is preferred
• Strong understanding of the products and regulatory environment for managed investment schemes and wholesale funds; exposure to superannuation, wealth management and wrap platforms is beneficial
• Ability to influence and partner with senior stakeholders
• Excellent interpersonal, written and verbal communication skills; change management and project delivery experience in risk & compliance contexts
• Sound understanding of regulatory obligations and risk and compliance frameworks
• Solid experience managing frameworks, policies and processes in complex, dynamic organisations
• A proactive mindset with a passion for improving risk capability and culture

If you enjoy working close to the business, influencing outcomes, and shaping how risk is managed, this role offers the opportunity to make a real impact.

Applicants will be required to provide evidence of their eligibility to work in Australia, and at a minimum be required to undertake police and basic credit checks as a condition of employment.

We acknowledge and celebrate the richness that individual differences bring to our team. If you need assistance or an adjustment during the application process, please reach out and let us know.