
Head of Risk
4 days ago
Company Description
**Hi.** We’re OFX, a global provider of online, international payment services. We solve the complexity of moving money and enable better decisions. Headquartered in Sydney with offices worldwide, we’re a customer-focused business that is all about inspiring customer confidence.
At OFX, you’ll have the opportunity to reach beyond your role and function across disciplines. Make use of your diverse skill set at a business that values your expertise and turn your potential into reality.
**Job Description**:
**Purpose of your role**
The Head of Risk and Assurance is responsible for leading the continual improvement of OFX’s enterprise risk management, control, and assurance systems and processes. They work collaboratively with key stakeholder groups to provide expert risk management advice and insights, facilitate independent assurance on key controls and ensure there is a robust, effective, and efficient approach to managing risk across OFX.
**What you do**
- Manage the design, implementation, and continual improvement of OFX’s enterprise risk management and assurance frameworks and related policies, procedures, and systems.
- Provide expert risk management advice, analytics, and insights to key stakeholder groups, including preparation and delivery of written and verbal reports to Executive Risk Committee, Subsidiary Boards and the Board Audit Risk & Compliance Committee.
- Working with the company secretary, develop and maintain the risk governance and reporting program to ensure appropriate risk oversight by governance committees including Executive Risk Committee, Board Audit Risk & Compliance Committee and Subsidiary Board meetings.
- Contribute to the development and ongoing implementation of an enterprise Business Continuity Plan and management approach, including any associated continuity exercise, testing and improvement activities.
- Review and improve the management, monitoring and oversight of financial risks including customer credit risk.
- Develop and deliver OFX’s independent control & quality assurance program to independently test key controls, ensure corrective actions are implemented and identify continuous improvement opportunities.
- Develop and deliver the global annual internal audit program to provide independent assurance over key risks, managing OFX’s outsourced audit firms to execute internal audit activities and monitoring and following up on outstanding audit actions.
- Lead and manage the Risk & Assurance team, including overseeing the delivery of associated risk and assurance services staff performance management, reviews and planning. Actively collaborate with colleagues to contribute to the development and delivery of OFX strategic, business and operational plans.
- Act as an ambassador for, and promote the best interests of OFX at all times, including the promotion of OFX company values.
- Undertake such other duties as maybe required from time to time as are consistent with the responsibilities of the post and the needs of OFX.
**Qualifications**:
- Tertiary qualifications / professional qualification in a Law, Commerce or Business and/ or technical discipline.
**Knowledge, skills, experience**
- 7+ years of financial services experience with a strong risk management and/or internal audit background.
- Extensive knowledge and expertise managing an enterprise risk management framework, risk strategy and the continual improvement of risk related functions, processes and controls.
- Demonstrated experience in the provision of high quality information, advice and analysis to inform management decision making and engender a positive risk culture;
- Demonstrated ability to understand commercial challenges and opportunities, and proactively develop options, lead change and foster innovation to improve performance.
- Demonstrated ability to exercise initiative and sound professional judgment to achieve business outcomes in a customer-driven environment. Business process knowledge and broad based operational perspective.
- Strong interpersonal skills with the ability to communicate with staff at all levels of the organisation as well as with external stakeholders.
- Leadership skills with a strong interest in coaching and developing staff.
- Ability to work well under pressure.
- Self-directed, professional and strong initiative and organisational skills.
- Money remittance / payments experience is preferred though not essential.
Additional Information
**What it's like working at OFX**
We’re OFXers because we want to make a difference. We see challenges as opportunities and we’re not afraid to roll up our sleeves to get stuff done. We’re committed to making things easier for our clients, pushing boundaries and continuing to move with the times so that we can continue to inspire confidence every day and through every transaction.
We operate as one team, cross-functionally and globally to drive outcomes that deliver excellence for our cu
-
Head of Risk
2 weeks ago
Sydney, Australia Mitalent Full time**The Company** My client owns and operates one of Australia's largest niche Retail operations and is recognised as a world leader within their industry. They provide an environment that supports competitive trade and effective services across their Retail arm. Their aim is to achieve operational excellence via innovation and business development together...
-
Head of Risk
2 weeks ago
Sydney, New South Wales, Australia Altogether Group Pty Ltd Full time $104,000 - $130,878 per yearHead of Risk & Compliance – Build Resilience. Enable Growth.At Altogether, we're shaping the future of energy and water services — and we need a Head of Risk & Compliance who sees compliance not as a box-tick, but as a driver of trust, resilience, and growth.In this role, you'll own and evolve our risk and compliance frameworks, ensuring we meet...
-
Head of Risk
1 week ago
Sydney, New South Wales, Australia Hudson Full time $200,000 - $250,000 per yearHigh-profile interim leadership roleDrive change and uplift across claims risk & complianceLead a team of 12, reporting to senior executivesAbout the OpportunityWe are seeking an experienced Head of Risk & Compliance to step into a key interim leadership role within a leading financial services organisation. This 4-month contract offers the chance to make a...
-
Deputy Head
1 week ago
Sydney, Australia Reserve Bank of Australia Full timeAre you ready to lead a dynamic team that will play a pivotal role in transforming risk management at the Reserve Bank of Australia? We are seeking a visionary Deputy Head - Strategy & Operations, Risk & Compliance, to join us in a strategic Line 2 role, overseeing the uplift and adoption of our risk management framework in business areas across the Reserve...
-
Deputy Head
1 week ago
Sydney, Australia Reserve Bank of Australia Full timeStrategic leadership role with impact across the Bank- 5-year fixed-term contract based in Sydney CBD with flexible hybrid working- Play an important part shaping the future of our iconic Australian institution About the Role We’re seeking a strategic and experienced IT leader to join the Reserve Bank of Australia as Deputy Head of Technology Strategy,...
-
Head of Credit Risk
4 days ago
Sydney, Australia Angle Finance Full timeHead of Credit Risk Angle Finance is a leading non-bank asset finance company operating in the rapidly growing intermediary asset finance market. Our signature is Faster, Easier Finance, provided by consistent, predictable and reliable service propositions in everything we do. Our people make us remarkable. So we've built a culture of empowerment, enabling...
-
Head of Risk
6 hours ago
Sydney, Australia iCare External Full time**Sydney CBD** - Build and manage effective relationships with key stakeholders - Access to our Employee Assistance Program - Hybrid working environment, offering a highly competitive salary. **About the Role** As a member of the Risk & Compliance leadership team the role works together by prioritising the success of peers and leader. This role ensures...
-
Head of Securitisation Risk
1 week ago
Sydney, Australia Commonwealth Bank Full time**Head of Securitisation Risk** **Do work that matters** Institutional Banking and Markets (IB&M) is responsible for managing the Commonwealth Bank Group’s relationships with major corporates, banks, non-bank financial institutions, government clients and institutional investors, and provides a full range of capital raising, transactional and risk...
-
Deputy Head
1 week ago
Sydney, Australia Reserve Bank of Australia Full timeAre you ready to lead a dynamic team that will play a pivotal role in transforming risk management at the Reserve Bank of Australia? We are seeking a visionary Deputy Head - Business Oversight, Risk & Compliance, to join us in a strategic Line 2 role, overseeing the management of material risks in business areas across the Reserve Bank of...
-
Head of Risk
2 weeks ago
North Sydney Council, Australia Altogether Group Full time $180,000 - $250,000 per yearAt Altogether, we're shaping the future of energy and water services — and we need aHead of Risk & Compliancewho sees compliance not as a box-tick, but as a driver of trust, resilience, and growth.In this role, you'll own and evolve our risk and compliance frameworks, ensuring we meet regulatory and license obligations under NECF, WICA, ISO, and more....