Senior Risk Analyst, Operational Risk and Resilience

APRA Career Site; Sydney; On-site; AUD 120,000 - 180,000; Full time

Job summary

APRA is seeking a Senior Risk Analyst, Operational Risk and Resilience, to strengthen the resilience of Australia’s financial services system. You will supervise regulated entities through data analysis, prudential reviews, and engagement, and respond to material events.

As part of the Non-Financial Risk team, you will lead reviews, collaborate with senior leaders, and drive continuous improvement while ensuring clearance prerequisites for working with government agencies.

Qualifications

• Demonstrated knowledge and experience in assessing the management of non-financial risk, particularly in operational risk management, operational resilience, business continuity management, service provider risk and/or assurance.
• Experience leading reviews, including running interviews and workshops with senior leaders.
• Strong analytical and problem-solving skills, coupled with excellent written and verbal communication skills.

Responsibilities

• Quality supervision outcomes by supporting data analysis, prudential review and prudential engagement of regulated entities (focusing on Operational Risk and Resilience) to drive improvement in controls and risk outcomes.
• Effectively respond to material risk events by working with multiple internal teams and external agencies to facilitate a coordinated response and communication.
• Execute for outcomes in Strategic or BAU supervision activities to improve the Non-Financial risk of the Australian financial system.
• Develop insightful observations based on the content of qualitative and quantitative information on Non-Financial Risk for the consumption of non-specialists.
• Engage with a range of internal and external stakeholders, providing specialist advice and uplifting capability; and
• Identify and champion continuous improvement opportunities for team efficiency and effectiveness.

Skills

Non-financial risk

Operational risk

Operational resilience

Business continuity

Service provider risk

Assessment & assurance

Interviews & workshops

Analytical thinking

Written communication

Education

Tertiary qualifications in a relevant field

Job description

The role

As Senior Risk Analyst, Operational Risk and Resilience, you will work on a range of initiatives that support frontline teams and strengthen the resilience of Australia’s financial services system. Your work will include supporting the supervision of regulated entities through data analysis, prudential reviews and meetings; responding to material events across the industry; and helping transform how APRA and industry understand and manage non-financial risk through targeted programs of work aligned with APRA’s Corporate Plan.

The team

The Non-Financial Risk (NFR) team is responsible for providing identification, insight and supervision strategies for managing non-financial risks including operational resilience at regulated entities and across the financial services system.

The NFR team brings specialist risk knowledge and skills to deliver APRA’s mandate and corporate plan in partnership with APRA’s frontline supervision, cross industry risk and policy teams to drive strategic outcomes and support strong prudential oversight across Banking, Superannuation and Insurance.

Key responsibilities

• Quality supervision outcomes by supporting data analysis, prudential review and prudential engagement of regulated entities (focusing on Operational Risk and Resilience) to drive improvement in controls and risk outcomes;
• Effectively respond to material risk events by working with multiple internal teams and external agencies to facilitate a coordinated response and communication;
• Execute for outcomes in Strategic or BAU supervision activities to improve the Non-Financial risk of the Australian financial system;
• Develop insightful observations based on the content of qualitative and quantitative information on Non-Financial Risk for the consumption of non-specialists;
• Engage with a range of internal and external stakeholders, providing specialist advice and uplifting capability; and
• Identify and champion continuous improvement opportunities for team efficiency and effectiveness.

About you

• Demonstrated knowledge and experience in assessing the management of non-financial risk, particularly in operational risk management, operational resilience, business continuity management, service provider risk and/or assurance;
• Experience leading reviews, including running interviews and workshops with senior leaders;
• Strong analytical and problem-solving skills, coupled with excellent written and verbal communication skills;
• Substantial organisational, self and priority management skills, including proven ability to lead strategic engagement externally and coordinating cross-divisional processes;
• Tertiary qualifications in a relevant field; and
• Experience in consultancy, financial services, risk management and/or regulation is highly desirable.

To work with APRA, you need to be an Australian citizen with eligibility to obtain and maintain Australian Government security clearance.

Working at APRA

The Australian Prudential Regulation Authority (APRA) places you at the heart of Australia’s financial services industry. APRA serves the Australian community by helping ensure financial institutions deliver on the financial commitments they make, within a stable, efficient and competitive financial system.

At APRA, we are committed to providing an inclusive workplace where everyone belongs, feels valued and respected. We aspire to attract and foster diversity of background, thought and experience, recognising that a broad range of perspectives, approaches and ideas makes us stronger and better enables us to protect the financial wellbeing of the Australian community.