Product Risk Leader

At Auto & General, we're seeking an experienced professional to fill the role of Head of Product Risk. This is a critical leadership position that requires strong risk management skills and expertise in establishing, embedding, and maturing the risk management framework within our key division.

The successful candidate will be responsible for leading a team of Line 1 Risk professionals in identifying, assessing, controlling, monitoring, and reporting on risks. They will also be responsible for managing product relevant customer remediations and guiding Line 1 in adherence with our risk appetite, internal policies, and APRA prudential standards.

This role will require proactive partnership with all parts of the Product division to foster a strong risk culture, provide expert guidance on risk mitigation, and drive continuous improvement in all risk and governance related matters, including control effectiveness.

• Champion and embed the Three Lines of Defence model, leading the Risk and Control Self-Assessment (RCSA) process for Product, maintaining the divisional risk profile, and ensuring effective risk governance, including sound supplier management and business continuity planning.
• Partner with leaders in the Product division to proactively identify, assess, and aggregate emerging and strategic risks, providing expert analysis on the impact of business strategy, process, policy, and external changes on the division's risk profile and appetite.
• Guide Line 1 business owners in their effective management and ownership of incidents and issues, while supporting the Chief Product Officer in overseeing all incident management activity in the division.
• Support Line 1 to define, monitor, and report on the effectiveness of Product controls, driving continuous improvement and aligning internal controls, detection, and response capabilities with the organisation's risk appetite.
• Support the Product division's readiness for regulatory engagements, collaboratively facilitate internal and external audits, and demonstrate unwavering compliance with all relevant prudential standards.

To be successful in this role, you will need:

• A tertiary qualification in a relevant discipline or equivalent relevant experience.
• 10+ years' senior leadership experience within the financial services industry, preferably in general insurance.
• Leadership and management experience commensurate with 4-5+ years in a mid-senior level risk management role within a comparable organisation environment.
• Demonstrated ability to effectively lead, engage, and develop others.
• Specific experience and associated understanding and knowledge of the current and emerging regulatory, commercial, technology, and operational trends in Australia.
• Self-motivated with an ability to work autonomously to manage competing priorities.
• Ability to build and sustain effective relationships both internally and externally.
• Strong negotiation and influencing ability.

As a valued member of our team, you can expect:

• Competitive remuneration package, including bonuses and other perks.
• Access to A&G's employee reward and recognition platform, powered by Rewards Gateway.
• Flexible working arrangements, including options to work from home two days per week.
• Generous leave entitlements, including volunteer days, paid parental leave, and opportunities to purchase additional leave.
• Ongoing learning and professional development opportunities to support your career growth.
• Meaningful opportunities to give back to the community through our A&G Difference program.
• A range of wellness initiatives, including healthy mind and body hubs, mental health support, and fitness discounts.
• The opportunity to celebrate successes and share experiences with colleagues through regular events and celebrations.

Our Toowong office is conveniently located near public transport and offers excellent end-of-trip facilities, outdoor spaces, and modern collaborative areas.