Risk Manager

Are you ready to join Finance to play a pivotal role in transforming risk management at the Reserve Bank of Australia?

We are seeking an experienced risk professional to join us in a strategic Line 1 role, supporting Finance leaders to uplift risk culture and progressively mature our risk management practices and supporting key control environment.

Reporting directly to the Chief Financial Officer, this newly created role will enhance our management of material risks and ensure we stay ahead in an ever-evolving risk landscape.

About the role - as Risk Manager you will:
- Influence and coach Finance leaders to own and drive risk transformation- Influence and oversight Finance’s implementation of the risk and compliance management framework.-
- Ensure business operations and risk management practices align to the frameworks, policies, standards, risk strategy, regulatory obligations, and risk appetite of the RBA.- Provide risk expertise in the identification and assessment of risks to support the achievement of business objectives.- Coach and advise the business to develop adequate controls to mitigate material risk exposures.-
- Support proactive consideration of the risk and control implications of change activities to drive timely and cost-effective incorporation of future controls.- Provide risk advice in the assessment, root cause analysis and remediation of operational risk incidents.- Support the establishment of reporting and analytics that builds awareness and transparency of exposure, and the development of an action-oriented culture.- Ensure the quality of risk data within the RBA’s risk management system by monitoring and reporting on data hygiene. Track the remediation of actions to address identified risk and control deficiencies.- Monitor and report on the effectiveness of Finance risk management practices, highlight gaps and escalate as required.- Support Finance to prepare papers for relevant Board and Management Committee meetings.

About you - your background- 8 years + experience in a Line 1 or Line 2 operational risk and compliance role, preferably within Financial Services.-
- Demonstrated ability in supporting a business to strengthen risk culture and risk management practices.- Experience in design, build and implementation of risk and compliance frameworks, coaching and training.- Understanding of Bank-wide (or similar organisation) risk and compliance management frameworks, policies and standards.- Relevant tertiary qualifications in economics, finance, risk, compliance or related discipline, or equivalent experience.- Demonstrated negotiation and resolution management skills.

Be More

Working for an organisation that truly makes a difference to the people of Australia, we can offer development and career opportunities in a collaborative environment that supports your growth, wellbeing and promotes flexibility. Your individual growth and success drives the RBA forward as an organisation. Be more means you can do more, for yourself and for Australia.

Why RBA?

The RBA makes an important contribution to the Australian economy through the pursuit of national economic policy objectives and associated activities in financial markets and banking. We also issue Australia's banknotes and operate infrastructure critical to the payments system, all of which contribute to the welfare of the Australian people.

Made up of specialists across a wide range of fields, our people, values, and culture play a critical role in achieving our objectives. Striving to be Open & Dynamic, we consider and incorporate different perspectives, work across teams and are transparent with each other, whilst delivering quality together effectively and focusing on outcomes by prioritising, testing, learning, and refining as we go.

Our people conduct themselves with a high degree of integrity, while striving for excellence in the work they perform and the outcomes they achieve. We encourage intelligent inquiry and we treat one another with respect while promoting the public interest through our efforts.

We know it is the growth and success of our people that drives the RBA forward. Come and make a bigger contribution while you build and develop your own skills too, because being more means you can do more, for yourself and for Australia.

Application Close:
November 22, 2024

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