Senior Analyst Line 1 Risk

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

Benefits offered by this job

Flexible working arrangement

Discounted financial products

Salary sacrificing options

Paid parental leave

Purchase additional annual leave

Discounted private health insurance

Employee Assistance Program (EAP)

Access to employee network groups

Pride in Diversity membership

Job summary

BOQ Group is seeking a Senior Analyst, Line 1 Risk, to join our Melbourne team on a 12 month max term basis. You will partner with business leaders to ensure risks are identified, assessed and controlled across divisions, acting as a trusted adviser to strengthen the control environment.

You will work with Group Risk (Line 2), Compliance and other teams to develop risk profiles, support risk assessments and help embed pragmatic risk practices throughout change initiatives.

Qualifications

• Degree in Finance, Business, Risk Management or related discipline.
• At least three years' experience in risk management.
• Experience with risk frameworks, risk assessments and control effectiveness activities.
• Exposure to Technology, Cybersecurity or Financial Crime Operations is beneficial.
• Qualifications such as FRM, PRM or CPA are advantageous.

Responsibilities

• Partner with business leaders to identify, assess and manage risk across divisions.
• Provide practical risk guidance and help strengthen controls and governance.
• Support change initiatives and contribute to risk assessments and risk profiles.
• Develop and maintain risk profiles and carry out risk assessments.
• Help build risk capability through coaching, guidance and training.

Skills

Stakeholder engagement

Risk governance

Controls design

Regulatory knowledge

Analytical thinking

Education

Bachelor's degree in Finance, Business, Risk Management or related discipline

Job description

About The Role

We have an exciting opportunity for a Senior Analyst, Line 1 Risk, to join our team on a 12 month max term basis.

About The Role

We have an exciting opportunity for a Senior Analyst, Line 1 Risk, to join our team on a 12 month max term basis.
As a Senior Analyst, Line 1 Risk, you'll play a key role in partnering with business leaders to ensure risk is managed effectively across their division. Acting as a trusted advisor, you'll provide practical risk guidance, help strengthen controls, support key change initiatives, and contribute to the ongoing maturity of our risk management practices.
Working closely with business stakeholders, Group Risk (Line 2), Compliance and other teams across the organisation, you'll help identify emerging risks, assess impacts, and ensure appropriate controls and treatments are in place. You'll support the development and maintenance of risk profiles, contribute to risk assessments, and provide valuable insights that help leaders make informed decisions.
You'll also play an important role in strengthening the organisation's control environment through the design and enhancement of key controls. This includes supporting business-led change initiatives by identifying risk impacts, contributing to control design discussions and ensuring risks are appropriately assessed and managed throughout the change lifecycle.
Beyond day-to-day risk activities, you'll contribute to risk governance, reporting and continuous improvement initiatives while helping to build risk capability across the business through coaching, guidance and training. Working collaboratively across the three lines of defence, you'll help create practical risk solutions that support both regulatory compliance and commercial outcomes.

About You

You're an experienced risk professional who enjoys partnering with stakeholders to solve problems, improve processes and influence positive outcomes. You bring a pragmatic mindset and can translate complex risk concepts into clear, actionable advice that enables the business to move forward with confidence.
You'll have experience working within a risk management environment, ideally within financial services or another highly regulated industry, and a sound understanding of non-financial risk frameworks, controls and governance practices. You're naturally analytical, curious and detail-oriented, with the ability to identify emerging issues, uncover root causes and recommend effective solutions.
Your strong communication skills allow you to build trusted relationships across a broad range of stakeholders, while your organisational skills help you manage competing priorities in a dynamic environment. You'll be comfortable working both independently and collaboratively, contributing to team success while taking ownership of your own work.
To be successful in this role, you'll hold a degree in Finance, Business, Risk Management or a related discipline and have at least three years' experience in risk management. Experience supporting the development and implementation of risk frameworks, risk assessments and control effectiveness activities will be highly regarded. Exposure to Technology, Cybersecurity or Financial Crime Operations environments would be particularly beneficial, as would professional qualifications such as FRM, PRM or CPA.
Most importantly, you'll enjoy working with others, bringing a positive and collaborative approach while helping to foster a culture where effective risk management is embedded in everything we do.

About Us

BOQ Group is a truly unique group of challenger brands with a purpose – to provide a genuine alternative to Australian financial services for customers and employees.
Our family of brands (Bank of Queensland (BOQ), ME Bank, Virgin Money Australia, BOQ Specialist), each come with their own defined customer audience and brand personality, but share one goal – to build social capital through banking. That’s creating trust with customers, exploring staff potential and believing that tiny gestures and big ideas can change the world for communities.
BOQ Group’s inclusive vision is to foster a workspace that values and leverages difference and creates new possibilities, a place where our people feel confident to bring their best selves to work every day. We embrace difference and believe that our workforce should reflect the customers and communities that we serve.
In 2023, we successfully implemented an innovative Reconciliation Plan, driving positive change and promoting inclusivity across BOQ Group.

Our perks

At BOQ Group, we are passionate about creating an exceptional work environment that nurtures both your professional and personal growth.

Benefits

• Flexible working arrangement - Balance your work and personal life with ease.
• Discounted financial products - Enjoy exclusive rates on our financial services across the Group.
• Salary sacrificing options - Maximise your take-home pay with our salary packaging options.
• Paid parental leave with no minimum requirements - Spend quality time with your new family member without any worries.
• Purchase additional annual leave - Need more time off? You can buy extra leave days.
• Discounted private health insurance plan - Take care of your health with our special rates.
• Employee Assistance Program (EAP) - Access confidential support for personal and professional challenges for you and your family
• Access to employee network groups - Connect with peers through our First Nations Reconciliation, LGBTQIA+, Multicultural, Gender, Early Careers, and accessibility groups.
• Pride in Diversity membership: We are proud members of Pride in Diversity and actively participate in the Australian Workplace Equality Index.

We are committed to creating a workplace where everyone feels valued and supported. Join us and be part of a company that truly cares about its people and community!