Senior Operational Risk Manager - Line 2

BeathChapman Pte Ltd; Council of the City of Sydney; On-site; AUD 120,000 - 160,000; Full time

Job summary

A leading banking institution in Australia is seeking a Senior Manager to provide SME risk advice across the Consumer/Retail Bank. This role involves risk analytics, strategic advisory, and partnering with business heads. Candidates should have over 5 years of operational risk and compliance experience, with a strong ability to influence senior stakeholders. This position is committed to creating an inclusive work environment.

Qualifications

• 5+ years of Operational Risk and/or Compliance experience in Banking & Financial Services.
• Outstanding ability to verbalise operational risk issues to influence senior stakeholders.
• Basic knowledge of the prudential and regulatory environment where a Retail Bank is operating.

Responsibilities

• Perform risk analytics, strategic advisory and business partnering.
• Conduct deep dive and thematic reviews of risks and their impacts.
• Be a trusted advisor on key risks, controls, and trends.

Skills

Operational Risk experience

Compliance experience

Risk advisory skills

Ability to influence stakeholders

Knowledge of regulatory environment

Consumer banking product knowledge

Job description

Role Summary:
We're working with one of the most renowned banking institutions in Australia. This highly credible role has become available in Line 2, to provide SME risk advice to all business units across the Consumer / Retail Bank and the distribution network.

Your Responsibilities:

• Function as an instrumental Senior Manager in performing risk analytics, strategic advisory and business partnering with the heads/seniors of Consumer Bank (Line 1)
• Master risk profiles for the designated business units, assist with the development of risk strategies on both the Business and the Group levels
• Conduct deep dive and thematic reviews of issues, assess inherent & residual risks and their underlying impacts under the current regulatory landscape
• Contribute to 2nd Line Operational Risk in Projects, initiatives, strategies and cost-effective embedding to BAU
• Be a trusted advisor to the business to strengthen risk culture, provide insights on key risks, controls, metrics and trends, be a 'forward thinker' for continuous improvement and efficiency of risk management process
• Document findings for management and committee reporting, actively contribute in the risk forum and committee meetings
• Step up and act in the Executive Manager role in their absence

Skill Requirements:

• 5+ years of Operational Risk and/or Compliance experience in Banking & Financial Services (Line1 or 2)
• Practical risk advisory and partnering experience with the business to continuously add value
• Outstanding ability to verbalise / articulate operational risk issues to influence senior stakeholders
• Basic knowledge of the prudential and regulatory environment where a Retail Bank is operating in (APRA, NCCP Responsible Lending, Privacy Act, AUSTRAC etc.)
• Ability to manage workload and drive the process especially in a matrix working / reporting environment
• Consumer banking product knowledge (mortgages, cards, secured and unsecured lendings, deposits etc.) is desirable but not essential

We are an equal opportunities employer and welcome applications from all qualified candidates. We are committed to creating an inclusive work environment and encourage applications from diverse candidates.