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Senior Operational Risk Manager

2 months ago


Sydney, New South Wales, Australia BeathChapman Pte Ltd Full time
Senior Manager, Operational Risk Advisory

Role Overview:
We are collaborating with a prestigious banking institution in Australia. This significant position has opened up in Line 2, aimed at delivering subject matter expert risk guidance to all divisions within the Consumer / Retail Banking sector and its distribution network.

Your Key Responsibilities:

  1. Act as a pivotal Senior Manager in executing risk analytics, strategic consultancy, and business collaboration with senior leaders of the Consumer Bank (Line 1).
  2. Develop comprehensive risk profiles for assigned business units, aiding in the formulation of risk strategies at both the Business and Group levels.
  3. Perform in-depth and thematic evaluations of issues, analyzing inherent and residual risks along with their implications under the prevailing regulatory framework.
  4. Contribute to the 2nd Line Operational Risk in projects, initiatives, strategies, and the efficient integration into business-as-usual operations.
  5. Serve as a trusted advisor to enhance risk culture, offering insights on significant risks, controls, metrics, and trends, while promoting continuous improvement and efficiency in risk management processes.
  6. Document findings for management and committee presentations, actively participating in risk forums and committee discussions.
  7. Assume the responsibilities of the Executive Manager in their absence.

Essential Skills:

  1. Over 5 years of experience in Operational Risk and/or Compliance within Banking & Financial Services (Line 1 or 2).
  2. Proven experience in risk advisory and collaboration with business units to consistently add value.
  3. Exceptional ability to articulate operational risk matters to influence senior stakeholders.
  4. Fundamental understanding of the regulatory and prudential landscape relevant to Retail Banking operations.
  5. Capability to manage workload effectively and drive processes, particularly in a matrix reporting environment.
  6. Knowledge of consumer banking products (Mortgages, Cards, Secured and Unsecured Lending, Deposits, etc.) is advantageous but not mandatory.

This role offers a unique opportunity to engage with a leading financial institution and contribute to the enhancement of their operational risk framework.