Senior Risk Management Consultant

3 days ago

Melbourne, Victoria, Australia beBeeRiskManagement Full time $100,000 - $150,000
Job Title:

Senior Risk Management Consultant

About the Role:

The Asset Servicing Control and Resiliency team plays a pivotal role in developing and executing control strategies to protect operational risk and resiliency environments. As a Senior Risk Management Consultant, you will be responsible for working within the Control team to execute control best practices, advise on risk mitigation, and enhance controls. You will support the Control Manager in implementing the Global Control strategy regionally and for your practice area.

Regular activities include conducting in-depth analysis of incidents to identify key trends and solutions, risk-based control reviews, effective test execution, participation in the business continuity plan, and supporting the Resiliency strategy locally. You will also assist key Control programs, including the RCSA, Audit Remediation, ASL, and ATP Standards, by ensuring alignment of methodology, execution, and implementation of agreed actions.

  • Conduct periodic reviews of specific policies to ensure procedures are in place and adhere to organizational standards and regulatory requirements.
  • Evaluate incidents and operational losses, perform thorough analysis to identify trends and root cause, and prepare recommendations for process and control enhancements.
  • Contribute to periodic risk reviews of operational processes, procedures, and client-specific servicing deliverables, ensuring risk review results are documented and reviewed with the control manager.
  • Support the risk-based control test plan to identify excessive risk and/or control issues at an early stage, report process test findings to control management, and provide local support for the Global incident management process.

Key Responsibilities:

- Execute control best practices and advise on risk mitigation and control enhancements

- Support the Control Manager in implementing the Global Control strategy regionally and for your practice area

- Conduct in-depth analysis of incidents to identify key trends and solutions

- Participate in the business continuity plan and support the Resiliency strategy locally

Requirements:

You will be a professional with extensive business experience, multi-disciplinary functional experience, and a focus on proactive activities within the Global Control group. Key qualifications include:

  • 5 or more years of experience in operational risk and/or compliance in the financial services sector
  • Experience in asset servicing and/or banking with a solid understanding of custody and fund services products, markets, and client base
  • Ability to systematically assess and challenge existing processes in a structured way
  • Strong communication skills with the ability to explain difficult or sensitive information
  • Attention to detail and ability to drive to execution

Benefits:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve.

How to Apply:

For further information and to apply, please visit our website via the link below.

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