Strategic Risk Advisor, Line 1 Risk & Compliance (12-Month)

Reserve Bank of Australia; Australia; On-site; AUD 120,000 - 180,000; Full time

Job summary

The Reserve Bank of Australia is seeking a Risk Advisor (Line 1 Risk and Compliance) to support the Workplace Department in maturing risk practices. Reporting to the Manager, Risk Assurance, the role focuses on risk identification, control design, incident management and board-facing papers, within a 12-month contract.

The successful candidate will bring 5+ years in operational risk, experience with risk frameworks, and a track record in coaching stakeholders across risk and compliance domains,

Qualifications

• 5+ years in Line 1/Line 2 operational risk and compliance, preferably in banking/financial services.
• Experience designing, building and implementing risk and compliance frameworks; coaching and training.
• Understanding of enterprise-wide risk and compliance management frameworks, policies and standards.
• Experience uplifting operational resilience and implementing operational risk standards in APRA-regulated org is desirable.
• Relevant tertiary qualifications in economics, finance, risk, compliance or related discipline.
• Demonstrated negotiation and resolution management skills.

Responsibilities

• Provide risk expertise to the business in identifying and assessing risks to support objectives.
• Advise the business to develop controls to mitigate material risk exposures.
• Provide subject matter expertise to risk and control owners to test key controls.
• Support the business to develop credible action plans to return risk within appetite.
• Oversee incident reporting processes and assist leadership with risk understanding and control.
• Provide ongoing analytical reviews of risk management practices.
• Support identification, logging and management of issues in RMS to quality standards.
• Update Department Business Continuity and Business Impact Analysis; coordinate continuity exercises.
• Assist Managers to prepare papers for Board and Management Committee meetings.

Skills

Risk management

Control testing

Stakeholder engagement

Incident management

Risk reporting

Education

Economics/Finance/Risk/Compliance degree

Tools

RMS

Job description

The Reserve Bank of Australia is seeking a Risk Advisor (Line 1 Risk and Compliance) to support the Workplace Department in maturing risk practices. Reporting to the Manager, Risk Assurance, the role focuses on risk identification, control design, incident management and board-facing papers, within a 12-month contract.

The successful candidate will bring 5+ years in operational risk, experience with risk frameworks, and a track record in coaching stakeholders across risk and compliance domains,