Senior Risk Manager - Culture, Capability & Accountability

ASX; Sydney; Hybrid; AUD 150,000 - 210,000; Full time

Benefits offered by this job

Hybrid working options

Flexible work arrangements

Job summary

ASX is seeking a Senior Risk Manager to lead culture, accountability and risk capability across the enterprise. You will drive a significant uplift in risk maturity through the Risk Transformation Program and ASX Accelerate, embedding capabilities and pathways across the organisation.

Based in Sydney, this role partners with People & Culture, Line 1 businesses and governance forums to design, implement and measure learning pathways, capability frameworks and reporting that support senior

Qualifications

• Degree or equivalent in risk management, governance or related field.
• 7–10 years in risk, compliance or related disciplines within regulated organisations.
• Strong knowledge of second-line risk management.
• Experience implementing risk frameworks, governance, reporting, or transformation initiatives.
• Experience developing culture and capability frameworks and learning pathways.

Responsibilities

• Lead the implementation and embedding of Enterprise Risk Management Framework components, including the Three Lines of Defence and Risk Culture.
• Design and embed enterprise risk capability frameworks and architectures.
• Develop Three Lines of Defence capability pathways linking role requirements with assessment and learning.
• Partner with People & Culture and business leaders to create learning pathways.
• Lead stakeholder engagement, change management and continuous improvement for risk transformation.
• Apply robust learning disciplines to deliver on-the-job application and sustained behaviour change.
• Establish measures to assess improvements in capability and behaviour and identify further support.
• Manage planning, delivery and governance of Risk Transformation initiatives and reporting to governance forums.

Skills

Second-line risk management

Risk framework development

Culture & capability frameworks

Executive reporting

Education

Tertiary qualification in risk management or related discipline

Tools

Jira

Microsoft Planner

Job description

Senior Risk Manager - Culture, Capability & Accountability

ASX: Powering Australia's financial markets

Why join the ASX?

When you join ASX, you’re joining a company with a strong purpose – to power a stronger economic future by enabling a fair and dynamic marketplace for all.

In your new role, you’ll be part of a leading global securities exchange with a strong brand. We are known for being a trusted market operator and an exciting data hub.

We are more than a securities exchange!

The ASX team brings together talented people from a diverse range of disciplines.

We run critical market infrastructure, with 1 in 3 people employed within technology. Yet we have a unique complexity of roles across a range of disciplines such as operations, program delivery, financial products, investor engagement, risk and compliance.

We’re proud to foster a workplace where diversity is celebrated and inclusion is part of our everyday culture. Our employee-led networks champion LGBTIQ+ inclusion, promote gender equality, accessibility and wellbeing, inspire giving and volunteering, and celebrate cultural and religious events, creating a sense of belonging for all. As an AWEI Bronze employer and member of the Champions of Change Coalition for gender equality, we’re committed to a fair and inclusive workplace where everyone can thrive.

Key purpose of the role

Lead and manage the enterprise risk culture, accountability and risk capability components of the ASX Enterprise Risk Management Framework. Drive a significant and sustained uplift in risk capability and behaviours through ASX Accelerate and the Risk Transformation Program. Design and embed an enterprise risk capability architecture that defines the capabilities, proficiency expectations and critical role requirements needed for effective risk management, supported by targeted assessment, development and learning pathways. Partner across ASX to integrate these pathways into how people are selected, developed, led and held accountable, and measure their impact to ensure the uplift in risk maturity is sustained.

About the role

Reporting to the General Manager, Enterprise Risk & Compliance, this Sydney‑based role sits within the Risk Transformation, Enterprise Risk & Compliance team and has approximately one direct report. You will partner closely with the Risk Transformation Integration Lead, ASX Senior Leadership Team, People & Culture, Line 1 businesses and Line 1 Risk Partners.

About the team

Enterprise Risk & Compliance is a second‑line function responsible for risk and compliance activities across ASX. The team develops and implements risk management frameworks, governance arrangements, risk reporting, policy governance, risk capability and accountability frameworks aligned with industry and regulatory best practice. It also provides risk expertise, oversight and challenge to support enterprise culture initiatives and ASX’s role as a steward of critical market infrastructure.

What you’ll do

• Lead the implementation and embedding of key Enterprise Risk Management Framework components, including the Three Lines of Defence, Risk & Compliance Capability, Risk Culture and Accountability Framework.
• Design and embed enterprise risk capability frameworks and architectures that translate strategic, cultural and risk priorities into clear capabilities, proficiency expectations and behaviours.
• Develop Three Lines of Defence capability pathways that connect role requirements with assessment, development, learning, career pathways and relevant talent practices.
• Partner with subject matter experts, People & Culture and business leaders to create contemporary learning pathways that strengthen technical, leadership and accountability capabilities.
• Lead stakeholder engagement, change management and continuous improvement activities that support the adoption and sustainability of risk transformation outcomes.
• Apply robust learning and capability design disciplines to deliver on‑job application and sustained behaviour change.
• Establish measures to assess improvements in capability and behaviour, demonstrate impact and identify where further support or corrective action is required.
• Manage the planning, delivery and governance of Risk Transformation initiatives, including monitoring progress, risks, issues and dependencies, supporting governance forums and coordinating enterprise delivery activities.
• Prepare executive, Board and governance committee reporting, insights and recommendations to support senior decision‑making.
• Role model the ASX Leadership Principles by setting clear direction, enabling exceptional outcomes, empowering talented people and building trusted relationships.

What you’ll bring

• A tertiary qualification in risk management, compliance, governance, organisational psychology, business, finance, law or a related discipline.
• Seven to ten years’ experience in risk management, operational risk, enterprise risk, compliance, conduct risk, internal audit, risk culture, behavioural risk or a related discipline within a complex, highly regulated organisation.
• Strong knowledge of second‑line risk management.
• Demonstrated experience developing, implementing or embedding risk frameworks, governance arrangements, reporting frameworks, operating models, assessment methodologies or enterprise‑wide transformation initiatives.
• Proven experience developing and implementing culture and capability frameworks, role architectures, proficiency models, assessment approaches, learning pathways or capability uplift initiatives.
• Experience preparing executive, Board and governance committee reporting and supporting senior decision‑making with clear insights and recommendations.

Desirable experience

• Experience in organisational culture, risk culture, behavioural risk, organisational development or workforce capability.
• Professional qualifications or certifications in risk management, governance, organisational psychology, change management or learning and development.
• Project management experience, including the use of Jira and Microsoft Planner to manage critical paths, risks, issues and dependencies.

If you need any adjustments during the application or interview process to help you present your best self, please let us know at *******@asx.com.au.

At ASX Group, our diverse workforce is essential to build and maintain a fair and dynamic marketplace. We support flexible working and offer hybrid working options. Even if our roles are advertised as full‑time, we encourage you to apply if you are interested in part‑time or other flexible working arrangements.

We will arrange for successful candidates to have background checks, including reference and police checks, completed as part of the on‑boarding process.

To be considered for this position, candidates must be legally authorised to work in Australia on a permanent basis without any restrictions.