Manager Treasury Risk

Posted: 19/05/2025

Closing Date: 02/06/2025

Job Type: Permanent - Full Time

Location: Head Office - Collingwood

Job Category: Banking and Financial Services

Through the merger of Bank Australia and Qudos Bank we’re creating a better, stronger and more resilient bank for our customers and employees. As one company with two trusted brands, we’re building on the strong foundations of our history and shared values as we bring together the best of both banks.

The Manager Treasury Risk is a second line risk role with oversight responsibility for all financial risks arising from the Treasury teams operations to manage the Bank Australia balance sheet, liquidity requirements and to invest surplus funds.

For these parts of the business, the incumbent will represent the financial risk group and identify strategic, operational, financial, regulatory and compliance risks for Bank Australia. They will have direct responsibility for the implementation of the risk measurement program for financial risks including appropriate risk oversight; working with stakeholders to ensure that these risks are understood, managed and escalated in accordance with policy, appetite, good governance and control. They will also be responsible for the timely reporting against these risks.

**Why join us**
- We have big plans to become Australia’s most trusted bank and a leading purpose-driven business.
- As a certified B Corp, we’re part of a global business community who meet the highest social and environmental standards, putting purpose over profit.
- Every role and person in our bank is essential to bringing our values, purpose and aspiration to life.
- We offer flexible working options, competitive salary and 13% super.
- Our staff have access to a range of meaningful benefits to support their physical and mental wellbeing including 24/7 free counselling, free flu vaccinations and discounted gym memberships.
- We also support staff with study assistance, paid parental leave (regardless of gender), volunteer, bereavement, gender affirmation and family violence leave; and the opportunity for bonus annual leave.
- We support our staff to grow their careers through learning and development and an organisational culture where we reward and recognise innovation and values, not long hours.
- We are committed to building an inclusive culture and a diverse workforce that reflects the Australian community.
- We care for a conservation reserve - where we work with key partner organisations to protect threatened species and involve staff in conservation.

**What you will be doing**
- In conjunction with the Treasurer and Treasury Finance, providing financial risk oversight. This includes accessing various information sources to ensure that economic, market, balance sheet management and other relevant conditions are reviewed to support investment, hedging, pricing and related decision making.
- Oversight and input to the market & finance risk limit framework of KRI’s used to provide a timely risk profile and movement of that profile. This includes but is not limited to Interest rate risk and interest rate shock levels, Yield curve and mark to market assessments, Oversight of the cumulative gap and ITOC as well as EaR and VaR.
- Oversight of the quarterly liquidity stress test and plausible stress scenarios. This extends to Financial Resilience planning, the contingency funding plan, the capital management framework and ICAAP.
- Working with Treasury and Finance to ensure all related areas operate in accordance with documented compliance obligations, that appropriate monitoring is in place and any breaches or near misses are reviewed and reported in accordance with policy.
- Treasury oversight includes the use, if appropriate of: Wholesale and term funding, Securitisation and RMBS, Hedging strategy and Access to and use of mutual capital instruments (MCI)
- Oversight and input to systems and processes, documentation, input to key projects and change initiatives, as they relate to the Treasury and Finance function.
- Support the CRO in forming a view of the market risk profile and general assessment of Bank Australia’s overall internal management control against market risk.
- Ensure that an uplift plan is in place to support MergeCo with preparations to meet SFI requirements associated with Treasury management activities.

**What you will bring**
- Experience supporting enterprise risk management across operational risk, compliance, and audit functions.
- Involvement in treasury-related risk areas including model risk, climate risk, and system implementation.
- Knowledge of compliance requirements, regulatory reporting, breach assessments, and policy development.
- Support for internal and external audits in Treasury, Finance, Lending, and Credit areas.
- Ability to assess and report on risks while working closely with Lending and Recoveries teams.
- Strong stakeholder engagement skills with the ability to influence and collaborate effectively