Director, IT Risk and Compliance

Director, IT Risk and Compliance role at Colonial First State (CFS). Our organisation values expertise, passion and diversity, and we are committed to empowering our people to unleash their full potential and deliver exceptional experiences to help our customers achieve financial freedom. This role is based on Gadigal Land (Sydney).

You will be reporting to the Chief Information Security Officer under the CFS Chief Operating Office (Transformation, Technology and Operations – TTO). You will manage a team of risk and compliance professionals spanning the domains of risk strategy and general risk management, technology, data, and cyber risk. The team's remit expands across the entire CFS Technology environment and the broader CFS business, delivering outcomes within an effective risk culture.

• Lead the Line 1 risk management and advisory teams to ensure the CFS technology environment and services are effectively risk-controlled and aligned to regulatory compliance requirements, including controls testing and monitoring, issues and incident management, KRI monitoring, external audit and regulatory attestation facilitation.
  
• Lead the Line 1 IT Risk and Compliance team, fostering a high-performance culture and empowering specialists to navigate complex risk landscapes.
  
• Act as a trusted advisor to senior stakeholders, promoting a strong risk culture and embedding sound risk behaviours and values across the organisation, enabling confident and timely business decision-making at the Executive level.
  
• Oversee risk management activities including controls testing, incident and issue management, KRI monitoring, and regulatory attestation.
  
• Drive strategic risk reporting and governance to support Executive and Board-level decision-making aligned with Financial Accountability Regime (FAR) principles.
  
• Ensure compliance with APRA standards (CPS/SPS 220, 231, 232, 234, and 230) and manage risks associated with material outsourcing and IT resiliency.
  
• Collaborate with transformation and technology teams to assess and manage risks in change initiatives, including Technology Risk Assessments (TRA) and Delivered Risk Assessments (RiC).
  
• Guide the remediation of control gaps and process weaknesses, ensuring robust risk controls are in place for critical systems and suppliers.
  

• Multiple years of experience in a similar risk-related role.
  
• Demonstrable stakeholder management experience and ability to engage and influence across multiple business and support areas, including cross-business-unit senior leadership teams, Executive Committees and Board level.
  
• Proven leadership, development and coaching of high-performing, autonomous teams who thrive on problem solving and outcomes-focused delivery.
  
• Proven capability in project management to implement initiatives and achieve strategic objectives.
  
• Deep understanding of operational and IT resiliency, outsourcing and offshoring risks including data and regulatory compliance frameworks.
  
• Knowledge and experience in Superannuation/Wealth and Financial Services industry is advantageous.
  

At CFS, you'll be working among the best in the wealth management industry. The role offers an environment that supports development and celebrates success. Other benefits include:

• Access to CFS Employer Super with an expansive investment menu and flexible insurance solutions
  
• Financial services benefits such as discounts on home loans and daily bank accounts through our partnership with a leading financial institution
  
• Access to 24/7 confidential support covering safety, medical, and mental health services
  
• Additional leave day to celebrate your birthday
  
• Life Leave – 3 days per annum to focus on wellbeing or celebrate a special event
  
• Exclusive discounts on retail, travel and entertainment
  

At CFS we are committed to creating a thriving environment where individuals can flourish. We celebrate uniqueness, champion individuality and support a diverse and inclusive workforce. We believe that when you can truly be yourself, you can unlock your full potential.

Please note: CFS requires all candidates to have full work rights in Australia.

Background checks (including Police, Employment, Bankruptcy checks, ASIC banned and disqualified persons) may be completed for preferred candidates prior to final employment confirmation. Outcomes are assessed against the inherent requirements of the role.

This role is based on Gadigal Land (Sydney).

• Seniority level: Director
  
• Employment type: Full-time
  
• Job function: Information Technology