Transformation Risk Manager

Bendigo And Adelaide Bank; Melbourne; Hybrid; AUD 180,000 - 220,000; Full time

Benefits offered by this job

Meaningful Work

Hybrid & Flexible Working

Growth & Career Progression

Comprehensive Benefits

Job summary

Bendigo Bank seeks a Transformation Risk Manager to embed within the B&A Transformation Program. You will Partner with project teams to identify, measure, and control risks from concept through go-live, enabling safe, rapid delivery.

Your expertise in ORMF, APRA, and governance will drive risk-aware change across agile streams, balancing commercial outcomes with regulatory commitments while supporting customers and communities.

Qualifications

• 5+ years of risk management experience within banking or financial services, at least 3 years at a manager level.
• Transformation/change experience in complex programs or agile delivery environments.
• Deep expertise in Operational Risk Frameworks (ORMF), APRA standards, and control design.

Responsibilities

• Lead "Risk in Change" delivery by assessing change risks early and designing robust controls.
• Champion governance and go-live readiness through RCSAs and control validation, securing endorsement from leaders.
• Bridge project and BAU operations, ensuring seamless handovers to Line 1 operational risk teams.
• Demystify risk and influence culture by coaching teams to embrace risk ownership as a driver of speed and quality.
• Break down silos across value chains to accelerate decision-making and keep senior stakeholders informed.

Skills

Banking risk background

Transformation & Change

Operational risk frameworks

Stakeholder navigation

Commercial & analytical acumen

Education

Tertiary qualifications in Banking, Finance, Commerce, Law or Risk Management

Job description

Shape the Future of Australian Banking

At Bendigo Bank, we have a clear and ambitious vision: to become Australia’s bank of choice. We believe our success begins with the success of our customers and communities. To deliver on this commitment, our Business and Agribusiness (B&A) division is undertaking a substantial transformation—investing in digital platforms, modernised processes, and streamlined operating models that empower our frontline bankers and agricultural specialists to deliver exceptional customer value.

Transforming at scale requires speed, innovation, and unwavering operational resilience. That is where you come in.

We are seeking a proactive and strategic Transformation Risk Manager to embed directly into our flagship B&A Transformation Program. Reporting to the Transformation Risk Lead within our Customer Enablement division, you will act as a trusted advisor, strategic partner, and bridge-builder—ensuring we innovate boldly, protect our customers, and manage risk seamlessly from concept through to go-live.

The Role & Your Impact

This is not a traditional compliance checklist role. Operating in a dynamic matrix environment, you will be the primary Line 1 Risk partner embedded inside agile project delivery teams and strategic value streams.

You will help build the planes while they fly—safely and efficiently—ensuring risks are identified, measured, and controlled before changes transition into business-as-usual (BAU).

Key Responsibilities:

• Lead "Risk in Change" Delivery: Partner with project directors and product owners across funded programs to assess change risks early, and help design robust controls.
• Champion Governance & Go-Live Readiness: Drive Change Risk and Control Self-Assessments (RCSAs), complete control validation testing, and secure endorsement from business leaders and operational risk committees prior to deployment.
• Bridge Project & BAU Operations: Serve as the crucial conduit between agile transformation squads and receiving Line 1 operational risk teams, ensuring handovers are seamless and sustainable.
• Demystify Risk & Influence Culture: Coach project leaders and delivery teams in operational risk principles, fostering an environment where risk ownership is embraced as an enabler of speed and quality rather than a blocker.
• Break Down Enterprise Silos: Connect dots across complex value chains, accelerating decision-making speed and keeping senior executive stakeholders clearly informed.

What You Bring to the Role

To excel in this role, you bring a blend of strong technical risk capability, commercial pragmatism, and high-impact stakeholder relationship skills. You understand how banks operate at a operational level and can translate complex risk frameworks into practical, agile solutions.

Required Experience & Skills:

• Banking & Financial Services Background: 5+ years of risk management experience within banking or financial services (spanning Line 1 risk or risk consulting), with at least 3 years operating at a manager level.
• Transformation & Change Expertise: Demonstrated track record supporting complex transformations, agile delivery environments, or major system and process overhauls.
• Framework Mastery: Deep expertise in Operational Risk Frameworks (ORMF), APRA standards, and control design, coupled with a proven ability to analyse historical risk events data to support tactical fixes and possible control gaps.
• Matrix & Stakeholder Navigation: Exceptional ability to build trust, challenge constructively, and influence senior leaders, program heads, and cross-functional teams in unstructured or fast-moving environments.
• Commercial & Analytical Acumen: Strong problem-solving mindset with the ability to balance commercial imperatives, customer outcomes, and regulatory commitments.
• Qualifications: Tertiary qualifications in Banking, Finance, Commerce, Law, or Risk Management are highly regarded.

Why Choose Us?

• Meaningful Work: Directly contribute to key strategic programs supporting Australian businesses and regional agricultural communities.
• Hybrid & Flexible Working: We support flexible work arrangements that balance personal needs with team collaboration.
• Growth & Career Progression: Access professional development, enterprise leadership pathways, and internal mobility across our growing risk and customer enablement communities.
• Comprehensive Benefits: Enjoy competitive remuneration, employee banking benefits, paid parental leave, and wellbeing programs.

Ready to Make an Impact?

Our people are what set us apart. We take pride in a culture where the sum is greater than its parts, anchored in our core values of Teamwork, Integrity, Performance, Engagement, Leadership, and Passion.

If you are an ambitious risk professional looking to shape transformational change in a bank renowned for trust and customer care, we would love to hear from you.

We believe a diverse workforce supported by an inclusive culture is central to our success and we actively encourage applications from those who bring diversity of thought to our business. We support candidate requests for adjustment to accommodate an illness, injury, or disability to equitably participate in the selection process.

Still in two minds?

Research suggests 60% of women and underrepresented groups might stop here, even after getting as far as drafting an application. We believe that diversity makes every team stronger, so even if you don’t tick every box we still want to see your application!