Senior Risk Management Leader
4 weeks ago
RAC of Western Australia is a leading organisation in the region, known for its commitment to its members and the community. The company is purpose-driven, focused on delivering outstanding member service and driving positive social impact.
The Role:
The Group Chief Risk Officer will play a senior leadership role in safeguarding RAC's assets and reputation by balancing risk and regulatory demands with commercial objectives.
The ideal candidate will have significant experience in risk management, with at least 5 years in a senior leadership role. They will have extensive knowledge of Australian regulatory requirements and risk management in the financial services industry.
Key Responsibilities:
- Develop and implement a comprehensive risk management strategy across RAC Group and its subsidiaries, ensuring alignment with regulatory frameworks.
- Promote a strong culture of risk awareness at all levels, collaborating with leaders across the organisation to embed risk management in business processes.
- Oversee the management and delivery of risk mitigation strategies across financial, operational, regulatory, and reputational domains.
- Regularly assess risks and monitor the effectiveness of mitigation strategies, ensuring compliance with all relevant standards and regulations.
- Provide strategic advice and risk reports to the board, executive team, and senior management to ensure informed decision-making.
- Lead and support a high-performing risk team, fostering a culture of mentorship, collaboration, and results-driven outcomes.
- Build and maintain strong relationships with internal and external stakeholders, including regulatory bodies, to ensure RAC's compliance and risk management practices are robust and up-to-date.
- Manage the financial performance of the risk team, identifying opportunities for efficiency and process improvements.
Qualifications & Experience:
- Significant experience in risk management, with at least 5 years in a senior leadership role.
- Extensive knowledge of Australian regulatory requirements and risk management in the financial services industry.
- Experience in implementing practical risk management frameworks, including responses to emerging risks (e.g. cyber, privacy).
- Proven leadership and team management skills, with the ability to foster collaboration and innovation.
- Strong business insight and financial acumen.
- Ability to build trusted relationships with diverse stakeholders.
- Strategic mindset with a focus on delivering results and managing ambiguity.
- High-level analytical skills, including the ability to conduct complex financial research and analysis.
- Courage to address difficult issues and promote a solutions-focused and pragmatic approach to risk management.
- Tertiary qualification in finance, business, risk management, or a related field (advanced degree preferred).
- Professional certifications from relevant institutes is desirable e.g. Risk Management Institute of Australasia, Governance Institute of Australia).
About RAC:
RAC is driven by its purpose to create a safer, sustainable, and connected Western Australia. As the Chief Risk Officer, you will have the opportunity to make a significant impact on the business and the wider community, leading risk management in a way that is both practical and aligned with the company's purpose.
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