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Risk Management Specialist
2 months ago
We are seeking a highly skilled Risk Management Specialist to join our team at Westpac Institutional Banking. As a key member of our Global Transaction Services (GTS) business unit, you will play a critical role in managing risk and monitoring obligations in GTS, supporting consistent implementation, and embedment of risk management framework, policies, and controls with a special focus on Issues & Incidents.
Key Responsibilities- Contribute to ensuring the divisional and business operations and risk management practices align to the frameworks, policies, risk strategy, regulatory obligations, and appetite of the Group.
- Provide risk expertise to the business and the value chain squad in the identification, assessment, and actioning of risk and controls issues to drive a strong risk and controls culture that helps achieve business objectives.
- Support the proactive and effective monitoring, management, and reporting of current and emerging risks and facilitate a strong risk culture, risk awareness, and ownership of risk throughout the business and within the value chain squad.
- Partner with stakeholders across the GTS product domain value chain to identify and enable more efficient and effective risk practices in the business.
- Provide risk advice in the assessment, root cause analysis, and remediation of incidents for the GTS product domain.
- Provide input to regulatory requests and remediation, and support the delivery of remediation programs for the GTS product domain.
- Act as a standard bearer for certain Group risk policies, standards, and procedures (e.g. Issues & Incident Management) ensuring these are applied consistently within and across each Product Domain Squad, thereby ensuring high-quality risk management outcomes are achieved and sustained across the GTS business and value chain.
This role will provide you with a unique opportunity to work with a talented team of risk professionals, develop your skills and expertise in risk management, and contribute to the success of Westpac Institutional Banking. You will have the chance to expand your professional network, refine your business and commercial acumen, and work on high-profile projects that will make a real impact on the business.
Requirements- 5-10 years of experience in risk management, banking, or financial services.
- Strong risk management skills, including risk assessment, risk mitigation, and risk monitoring.
- Excellent communication and interpersonal skills, with the ability to work effectively with stakeholders at all levels.
- Tertiary qualifications in a relevant field, such as risk management, finance, or business.
Westpac Institutional Banking is a leading provider of financial services to institutional clients, including corporations, governments, and financial institutions. We offer a range of products and services, including transactional banking, cash management, trade finance, and investment banking. Our team of experienced professionals is dedicated to providing exceptional service and expertise to our clients, helping them to achieve their financial goals and objectives.