Senior Associate, Enterprise Risk & Compliance

AustralianSuper; New York (NY); Hybrid; USD 150,000 - 170,000; Full time

Benefits offered by this job

401(k) matching

Health insurance

Hybrid work model

Job summary

AustralianSuper seeks a Senior Associate, Enterprise Risk to support the Principal, Group Risk, Americas for our US business. The role involves enterprise and operational risk, compliance, and embedding the revised risk framework.

The position is a 12-month full-time contract based on-site in New York with a hybrid schedule, requiring collaboration with First Line Risk and internal audit to ensure risk is managed within appetite.

Qualifications

• Experience (5+ years) in risk management and assurance, preferably gained in Financial Services or consulting.
• Sound understanding of control design and operating effectiveness.
• Demonstrated attention to detail, analytical and investigative skills.
• Good planning and organizational skills.
• Ability to respectfully challenge, deal with conflict and stand their ground, where required.
• Solid stakeholder engagement skills that reflect a professional, collegiate, and engaging approach.
• A clear growth mindset.
• Proven ability to lead and influence senior stakeholders.
• Strong report writing and communication skills.
• Hold an accreditation in Risk Management from a recognised body or be willing to obtain one after joining AustralianSuper.
• An understanding of prudential or markets regulations with respect to risk management and investment governance in US/ Australia would be ideal.
• Educated to university degree level or equivalent.
• Strong MS office suite skills.
• Risk accreditation (such as FRM, PRM or CISI - Level 6 Diploma).

Responsibilities

• Embed the uplifted risk management framework and RCSA processes.
• Lead the Second Line testing programme for US Operations.
• Advise on improvements to processes, procedures and controls.
• Oversee incident management and reporting.
• Support governance reporting to US Board and risk councils.
• Coordinate with Internal Audit and risk team.

Skills

Risk management

Stakeholder engagement

Analytical skills

Communication skills

Regulatory knowledge

Leadership

Education

University degree

Tools

MS Office

Job description

AustralianSuper is the largest superannuation fund in Australia - in the top 20 largest funds globally and top 50 asset owners globally.

With more than US $300 billion in current assets under management, and a world-class investment team, AustralianSuper has the appetite and capability to undertake a significant volume of deployment over the coming decade.

Our New York office is made up of more than 75 colleagues and is expected to grow significantly over the next few years, so when you join, you become a key part of building our culture.

Your new role

The Senior Associate, Enterprise Risk supports the Principal, Group Risk, Americas with enterprise and operational risk, and compliance matters for AustralianSuper's US business.

This role is to support the Principal in providing advice, oversight and challenge on enterprise and operational risk management practices, and compliance matters across AustralianSuper's US business, including working closely with First Line Risk colleagues to ensure risk is managed in line with the Board-approved risk appetite.

Key to this role will be the implementation, embedment and ongoing improvement of the business's revised risk management framework.

Please note, this is a 12-month full-time contract position.

This is a position based on-site at 1251 Avenues of the Americas, with a hybrid work schedule.

Key Responsibilities

• Support the embedding of the uplifted risk management framework, including:
• participation in the Risk & Control Self-Assessment (RCSA) process;
• input into design and implementation of new reporting templates;
• implementation of new control library and control review standards;
• contribution to continued improvement of the risk management framework, including review of risk appetite statements, key risk indicators, and supporting risk management policies and standards.

Risk and Compliance Oversight

• Provide independent, specialist Second Line Risk & Compliance support through oversight and challenge of First Line activities including:
• leading the Second Line control testing programme for the US Operations, including planning, execution and stakeholder engagement;
• advising the business where actions are required to enhance processes, procedures, practices and controls to ensure the risks are appropriately managed.
• Lead incident management oversight including trend analysis and reporting, including driving process improvements and embedding better practices across the incident lifecycle.

Obligations management

• Assist the Principal in assessing updates to the business's regulatory compliance obligations, ensuring these are supported by appropriate controls, policies and compliance arrangements.

Management Reporting

• Input into key governance reporting, including for the AustralianSuper US Board, International Compliance and Risk Council, and other senior forums and committees as required.

Other

• Assist Internal Audit to ensure the scope of proposed reviews is appropriate and assist with review coordination as appropriate.
• Supporting the wider Risk & Compliance team and undertake ad hoc projects as required.

Culture

• Foster a professional, collaborative and solutions-focused environment within the Group Risk & Compliance function, supporting high standards of delivery and stakeholder engagement.
• Promote and role model a sound Risk culture across the business.

Stakeholder Management

• Build and maintain effective relationships across all levels of the US business, supporting strong governance, risk and regulatory awareness.
• Collaborate with stakeholders globally to ensure alignment on compliance frameworks and regulatory expectations.
• Engage with external peers and industry networks to support the adoption of best practice in compliance.

What we're looking for

Culture is key at AustralianSuper and we are looking for someone who is a team player that enjoys working in a high performing collaborative team. We are dedicated to building a high-performance environment underpinned by a strong risk culture, ensuring we deliver the best outcomes for our members.

• Experience (5+ years) in risk management and assurance, preferably gained in Financial Services or consulting.
• Sound understanding of control design and operating effectiveness.
• Demonstrated attention to detail, analytical and investigative skills.
• Good planning and organizational skills.
• Ability to respectfully challenge, deal with conflict and stand their ground, where required.
• Solid stakeholder engagement skills that reflect a professional, collegiate, and engaging approach.
• A clear growth mindset.
• Proven ability to lead and influence senior stakeholders.
• Strong report writing and communication skills.
• Hold an accreditation in Risk Management from a recognised body or be willing to obtain one after joining AustralianSuper.
• An understanding of prudential or markets regulations with respect to risk management and investment governance in US/ Australia would be ideal.
• Educated to university degree level or equivalent.
• Strong MS office suite skills.
• Risk accreditation (such as FRM, PRM or CISI - Level 6 Diploma).

Pay transparency notice

The compensation range for this position is $150,000 to $170,000 (this is based on full-time hours, located in New York City). The pay offered may vary depending on job related knowledge, skills, and experience and refers to the amount AustralianSuper is willing to pay at the time of posting.

Life at AustralianSuper

At AustralianSuper, we truly care about our colleagues. We know work and life are intertwined, that's why we support the diverse needs of everyone and have policies that enable us all to thrive and be truly flexible. We ensure diversity is celebrated for the opportunity it provides us all to learn and grow, and ultimately to deliver better outcomes for members.

As we collaborate across multiple time zones flexibility in work hours are both a requirement and opportunity for this role.

We offer great benefits, including generous 401(K) matching, health insurance and promote a blended working environment in which all roles can flex, and we're happy to discuss what this looks like for you.

We are committed to supporting our diverse workforce in a way that is inclusive and embraces diversity in all its forms. If you require any reasonable adjustments to the recruitment process or the role, please let our recruitment team know.

Progress, powered by purpose

All employees and applicants are evaluated on the basis of their qualifications, consistent with applicable state and federal laws, without regard to race, color, ancestry, sex which includes pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, gender identity and/or expression, age, religious belief, national origin, marital status, physical or mental disability, medical condition, genetic information, military or veteran status, or other protected basis, all as defined by applicable laws. We are committed to providing equal employment opportunities for all.

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