Business Partner, First Line Risk

2 weeks ago


Docklands, Victoria, Australia MUFG Full time $90,000 - $120,000 per year

Overview

First Line Risk is accountable for identifying and reporting risks, and partnering with the business to mitigate them within the Board's defined risk appetite.

The Business Partner, 1st Line Risk will work closely with leaders to strengthen our first line of defence and drive operational resilience. As a trusted advisor, this role builds strong stakeholder relationships, enhances decision-making, promotes a positive risk culture and ensures effective risk management across the business.

  • Drive operational resilience and strengthen our first line of defence
  • Partner with senior leaders to embed a strong risk culture
  • Play a key role in shaping risk strategies and continuous improvement

The role is part of the Risk & Compliance team and works collaboratively to strengthen Control, Assurance and Governance frameworks, with support and direction from the Senior Manager, 1st Line Risk.

Key Accountabilities and Main Responsibilities

Strategic Focus

  • Align with business teams to embed a "risk as a mindset" culture.
  • Build capability and uplift risk awareness across the organisation.

Operational Management

  • Develop First Line Risk protocols and train departments on implementation.
  • Identify and escalate emerging risks to relevant stakeholders.
  • Monitor and track risk mitigation plans, ensuring timely completion.
  • Partner with leaders on internal audit actions and risk register management.
  • Evaluate internal control frameworks and recommend improvements.
  • Deliver assurance mapping and risk input into early change assessments (ECA).
  • Contribute to continuous improvement of risk management strategies.

People Leadership

  • Coach and support staff to strengthen risk capability and knowledge.
    Foster alignment with business objectives through clear, effective communication.

Governance & Risk

  • Ensure adherence to legal and regulatory requirements.
  • Support assurance programs and compliance practices across the business.
    Attend committee meetings and report on regulatory compliance as required.

Experience & Personal Attributes

Essential Criteria

  • 3+ years' experience in operational risk, compliance or related disciplines (financial services preferred).
  • Tertiary qualification in business, commerce or related field.
  • Strong knowledge of risk management principles and frameworks.
  • Understanding of superannuation legislation and regulatory requirements.
  • Proven ability to manage multiple priorities and deliver outcomes under pressure.
  • Strong stakeholder management and influencing skills.
  • Excellent written and verbal communication.
  • Ability to analyse complex processes and design effective controls.
    Collaborative and proactive mindset with a focus on continuous improvement.

Some of our Employment Benefits

  • Flexible working– enabling our employees to work in the office and at home
  • Purchased Leave, Parental Leave, Volunteer Leave, Gender transition leave, Well-being leave
  • Employee Recognition Program - to recognise people who are demonstrating our values and
  • Talent Referral Program
  • Salary Sacrificing via Superannuation
  • Employee Assistance Program
  • Learning & Development - Development at your fingertips via self-paced learning, including educational assistance support
  • Employee discounts – Access discounted rates and offers from a variety of providers including Bupa and Microsoft
    Novated Car Leasing

Culture @ MUFG Pension & Market Services

We are an inclusive employer whose people work collaboratively. We encourage, support and value the various talents and perspectives of our people and promote a flexible and blended work environment where our people can thrive, and their wellbeing is supported. We know that diversity drives better client outcomes, continuous improvement, and growth. Be part of our company and together we will achieve our full potential. We treat all individuals fairly and equitably and do not discriminate on the basis of diverse characteristics including, but not limited to gender, gender identity, sexual orientation, age, ethnicity, cultural background, physical abilities/disabilities, religious or political belief, marital or family status or carers responsibilities.

How to apply

Ready to take the next step in your career? Apply now with your resume and detailed cover letter highlighting your skills, experience, and why you would be a good fit for the role. Candidates must have the relevant work rights to be considered for an opportunity at MUFG Pension & Market Services. Successful applicants will be required to complete background screening prior to commencement of employment

MUFG Pension & Market Services is a global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets – safely, securely and responsibly.

Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences.

A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.

Our MUFG Retirement Solutions division combines its proprietary technology, process and people to deliver a comprehensive financial data solution to its superannuation clients. We support clients across all superannuation fund sectors including government, industry, retail and corporate.

By accompanying our core member and employer administration with a full range of value-added services, we offer the most comprehensive superannuation administration solution on the market. The scale, adaptability and ease of use of our proprietary systems, in conjunction with our integrated analytics offering, allow us to innovate and grow with the needs of our clients.

MUFG Pension & Market Services is building a dynamic, client focused, caring and inclusive culture that is built on the foundations of an entrepreneurial spirit, effective risk management, empathy and trust, and underpinned by its core values.

We are an inclusive employer whose people work collaboratively. We encourage, support and value the various talents and perspectives of our people and promote a flexible and blended work environment where our people can thrive and their wellbeing is supported. We know that diversity drives better client outcomes, continuous improvement, and growth. Be part of the MUFG Pension & Market Services journey and together we will achieve our full potential.

We treat all individuals fairly and equitably and do not discriminate on the basis of diverse characteristics including, but not limited to gender, gender identity, sexual orientation, age, ethnicity, cultural background, physical abilities/disabilities, religious or political belief, marital or family status or carers responsibilities.

Candidates must have the relevant work rights to be considered for an opportunity at MUFG Pension & Market Services. Successful applicants will be required to complete background screening prior to commencement of employment.



  • Docklands, Victoria, Australia MUFG Full time $90,000 - $120,000 per year

    OverviewThe Senior Business Partner, First Line Risk is a senior operational role responsible for overseeing day-to-day risk activities and embedding resilience across business units. Working closely with department heads and frontline teams, you'll ensure risks are identified, assessed, and managed effectively within the Board's risk appetite.As a key point...


  • Docklands, Victoria, Australia Marsh McLennan Full time $120,000 - $180,000 per year

    We are seeking a talented individual to join our Risk and Compliance team at Mercer Super. This role will be based in the Pacific region. This is a hybrid role that has a requirement of working at least three days a week in the office.Senior Risk Business Partner, Mercer SuperAt Mercer Super, we're bolstering the risk and compliance capability needed to...


  • Docklands, Victoria, Australia Mercer Full time $90,000 - $120,000 per year

    Senior Manager, Line 2 Risk Oversight and AssuranceWe are currently seeking a talented individual to join our Mercer Risk Management team as the Risk Subject Matter Expert. This role will be based in either Melbourne or Sydney. This is a hybrid role that has a requirement of working at least three days a week in the office and is also a 12-month Fixed Term...


  • Docklands, Victoria, Australia Marsh McLennan Full time $90,000 - $120,000 per year

    We are seeking a talented individual to join our Investment and Fund Services team at Mercer. This role can be based in Sydney or Melbourne. This is a hybrid role that has a requirement of working at least three days a week in the office.Senior Manager, Line 1 Risk and Compliance SME – Investment Services & Fund ServicesWe are seeking a SME (Senior...

  • Senior Risk

    1 week ago


    Docklands, Victoria, Australia MUFG Full time $104,000 - $130,878 per year

    OverviewFirst Line Risk works with key stakeholders to identify, assess and mitigate operational and compliance risks within the Board's appetite. From 1 July 2025 , the new Prudential Standard CPS 230 Operational Risk Management will require strengthened controls, business continuity and service provider oversight.The newly created Senior Analyst role will...


  • Docklands, Victoria, Australia Insignia Financial Full time $90,000 - $120,000 per year

    Manager, L1 Risk and ComplianceLocation:MELBOURNE, VIC, AU, 3008SYDNEY, NSW, AU, 2000Employment Type: Permanent Full TimeDrive risk and compliance outcomes across a key superannuation divisionWork alongside senior leaders to enhance risk culture and drive regulatory excellencePermanent full-time opportunity based in Sydney or MelbourneThe opportunity to join...

  • Risk Manager

    2 weeks ago


    Docklands, Victoria, Australia Marsh McLennan Full time $104,000 - $130,878 per year

    We are seeking a dedicated Risk Manager to join our Risk and Compliance team at Mercer Super. This vital role supports the Head of Risk in overseeing risk management activities across the organisation, ensuring alignment with regulatory requirements and organisational objectives.Risk Manager - Mercer SuperAt Mercer Super, we're embarking on a significant...


  • Docklands, Victoria, Australia Wesfarmers Health Full time $90,000 - $120,000 per year

    At Wesfarmers Health we strive to make health, beauty and wellness experiences simpler, more affordable and easier to access for all Australians.Our portfolio includes well-known names like Priceline and Priceline Pharmacy, as well as our medi-aesthetics brands, Clear Skincare Clinics and SILK Laser Clinics. In the digital space, we're proud to have SISU...


  • Docklands, Victoria, Australia Wesfarmers Health Full time $104,000 - $130,878 per year

    Job description:At Wesfarmers Health we strive to make health, beauty and wellness experiences simpler, more affordable and easier to access for all Australians.Our portfolio includes well-known names like Priceline and Priceline Pharmacy, as well as our medi-aesthetics brands, Clear Skincare Clinics and SILK Laser Clinics. In the digital space, we're proud...


  • Docklands, Victoria, Australia ABN Group Full time $90,000 - $120,000 per year

    Who Are We? ABN Group is Australia's leading construction, property, and finance company, operating across Victoria and Western Australia. We lead the market in every segment, from first homes to luxury residences, delivering the dream of home ownership. In Victoria, our brands include Boutique Homes, Homebuyers Centre, Resolve Finance, Honey Insurance, and...