Head of Operational and Enterprise Risk

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We are seeking a strategic and experienced leader to join us as the Head of Operational and Enterprise Risk. This critical role will drive thought leadership in the delivery of our strategic approach to Operational, Enterprise and Strategic Risk frameworks, policies, and aggregated reporting to support the Group CRO, Executive Committees and the Board to make informed risk decisions.

What's the role?

We are seeking a strategic and experienced leader to join us as the Head of Operational and Enterprise Risk. This critical role will drive thought leadership in the delivery of our strategic approach to Operational, Enterprise and Strategic Risk frameworks, policies, and aggregated reporting to support the Group CRO, Executive Committees and the Board to make informed risk decisions.

You will lead a high-performing team and work closely with senior stakeholders to provide independent oversight, insights, and reporting on operational, enterprise and strategic risks.

Key Responsibilities

• Own and oversee the development, implementation, and governance of operational and enterprise risk frameworks, including the Risk Management Strategy, Risk Appetite Statement, and Risk Taxonomy to ensure alignment with regulatory requirements and internal risk appetite.
• Run a program for effective management and oversight of a number of in-scope risk classes.
• Provide independent risk oversight and insights to internal stakeholders on the implementation of processes and controls to support compliance with regulatory requirements and group minimum standards.
• Oversee the operational management of in-scope Prudential Returns (e.g. ARS 115).
• Represent Operational and Enterprise Risk in relevant committees and working groups.
• Support regular Board and Executive reporting to ensure appropriate governance and escalation of Operational and Enterprise Risk issues and incidents.
• Support regulatory inquiries and investigations, ensuring timely and adequate responses.
• Foster a high-performance team culture, attract, retain and develop top talent.

What do I need?

• Proven experience in operational and enterprise risk leadership within a regulated financial services environment.
• Understanding of APRA prudential standards and risk capital methodologies.
• Strong stakeholder engagement and communication skills, with the ability to influence at executive and board levels.
• Demonstrated ability to lead teams and embed a strong risk culture.
• Experience managing regulatory interactions and complex risk reporting.

Why join us?

We're obsessed with becoming our customers #1 banking partner for life and we're looking for people who are passionate about helping us achieve that goal. In return we're committed to making Westpac the best place to work in the country. Here are just a few of the ways we're already doing that:

• Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates
• Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave.
• Tailored learning and development opportunities to help your grow your career within the bank.
• Lots of opportunities to 'give back' to the Community by getting involved in our many volunteering initiatives

Create your future today

To get started, simply click on the APPLY or APPLY NOW button

We're all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community.

If you need any adjustments during the recruitment process, you can find out more information and additional contact details by visiting the "People with Disability and/or needing Accessibility Requirements" page on our website.

Seniority level

• Director

Employment type

• Full-time

Job function

• Finance and Sales

Industries

• Banking, Financial Services, and Investment Banking

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