Senior Manager, Risk

2 weeks ago

Council Of The City Of Sydney, Australia NobleOak Full time

Compliance & Risk (Banking & Financial Services) The Senior Manager, Risk, will work closely with the Chief Risk Officer, and is responsible for the design and operation of the Line 2 risk management function for Noble Oak.

This is a pivotal and specialist role at Noble Oak championing the management of risk and compliance as well as driving a positive risk culture.

This role is responsible for enhancing and maintaining the Risk Management Framework for Noble Oak and its related entities and advising the SLT and the Board on regulatory and risk matters.

The Senior Manager, Risk, will drive the risk and compliance culture, supporting the management teams by providing advice and lifting the internal capability in relation to risk and compliance matters, in a meaningful and pragmatic manner.

Provide ongoing support in enhancing Noble Oak's risk management framework to align with industry best practices.
Implement strategies with guidance from the Chief Risk Officer to identify, assess, and mitigate risks across various business functions.

Compliance Oversight:

Lead and coordinate compliance activities with the Operational Compliance & Client Care Manager to ensure the alignment of Noble Oak's risk and compliance governance frameworks, as well as having oversight of compliance monitoring and escalation of any breaches or incidents.

Monitor regulatory changes and implement necessary adjustments to maintain compliance.
Manage timely completion of monthly, semi-annual, and annual assessments.
Oversee the incidents management process, ensuring effective reporting, investigation, and resolution of incidents.

Undertaking relevant analysis of actual risks relative to Noble Oak's risk appetite and the operation and effectiveness of controls, as well as maintenance of the Noble Oak Risk Matrix.

This will be done through interaction with various internal stakeholders to ensure Noble Oak's risks are effectively managed

Audit & Control Testing:
Provide assistance during internal and external audits related to risk management.
Collaborate with audit teams to address findings and implement corrective actions.
Conduct control testing to assess the effectiveness of risk controls and identify areas for improvement.
Implement corrective actions and provide recommendations for enhancing control measures.
Monitoring completion of audit/review findings

Project Management:
Lead and contribute to risk-related projects, including the implementation of regulatory frameworks.

Ensure projects consider delivery and delivered risks and those risks are being mitigated Manage key discussion, initiatives and actions through relevant forums in relation to risk management.

Develop and deliver risk awareness programs and training sessions for employees.

Provide the oversight and the tools, systems and advice necessary to help first line in identifying, managing and monitoring risks.

Cultivate a strong risk-aware culture by promoting understanding and adherence to risk management principles.

Reporting:

Assist the Chief Risk Office with reporting requirements that involve monitoring and measuring the Company's position, and support Executive decision making process.

Develop and maintain key reports to present to SLT and at other meetings as required, including the escalation of relevant risk related matters.

In addition, prepare and present relevant reports to the Board and Board Committees as required.
Capabilities A deep understanding of risk management in complex organisations.
Excellent communication skills including an ability to explain complex information to all levels of stakeholders.
Excellent analytical and attention to detail skills.
Strong interpersonal, leadership and coaching abilities.
Ability to work with and influence a broad range of stakeholders.
Excellent change management and negotiation skills.
Ability to work autonomously and as part of a team.
Excellent organisational and project management skills.
Professional & personal integrity.
Ability to produce and present effective presentations and training sessions.
Experience & Qualifications Bachelor's degree; at least 10 years of experience directly related to the duties and responsibilities specified.

Desirable: 7 years insurance operations experience, with audit or risk and compliance experience Demonstrated experienced supporting executive leadership teams within regulated financial services Significant experience in a risk advisor or risk management role (within an APRA regulated environment is preferable).

Experience implementing and administering governance, compliance and risk systems.

At Noble Oak, you'll be more than just an employee, you'll be a Noble OakerNoble Oakers are a close-knit group of motivated and passionate people.

We work as one team, support each other and do the right thing by our customers, with nobility at the core of our culture.

You will feel truly valued here at Noble Oak.
We provide regular recognition, the opportunity to develop, and a fun atmosphere where we celebrate our wins together.

One Team, One Purpose We are group of people with a diverse range of skills and backgrounds, working collectively as one united team.

We pride ourselves on our collaborative culture where everyone is willing to lend a helping hand, regardless of their role.

Noble Oakers from all areas of the business are committed to putting our customers first at all times.

Stay Connected We take every opportunity to stay connected with each department, hear from one another and maintain focus on our objectives.

Our regular company-wide "huddles" are just one of our initiatives where we get together to share results, provide business updates and enjoy ourselves.

We show appreciation to our teammates who demonstrate Noble Oak values through initiatives such as our Tough Nut Awards (Employee of the Month).

Whilst we are busy striving to achieve results, we always take the time to celebrate our wins through regular drinks, lunches, and social events.

From the moment you join Noble Oak, there is an abundance of training and support provided to set you up for success.

We will enhance your personal and professional growth through tailored development plans, our Noble Oak Academy of Learning & Development and external training opportunities.