Business Partner, First Line Risk

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