Principal, Governance and Operational Risk

At IAG, were ready for you. We're the largest general insurance group in Australia and New Zealand. Our family of brands turns the IAG purpose of making your world a safer place into action by helping everyday Aussies and New Zealanders, supporting their ambitions and making insurance accessible.

As Principal, Operational Risk& Governance, you will lead the development and implementation of a market best-practice risk governance and control framework for IAGs Chief Investment Office (CIO). This is a critical leadership role, responsible for managing operational risk across multi-asset portfolios, driving compliance, and ensuring robust controls that support trading and investment activities. Youll collaborate with senior stakeholders, oversee risk in change initiatives, and guide a team through transformation projects, including system and operating model enhancements. This role offers the opportunity to influence strategic outcomes and position the CIO for long-term success.

This is a permanent full-time role based in Gadigal Country (Darling Park 2, Sydney) or Naarm (Melbourne).

What You'll Do

• Lead the Line 1 Risk function within CIO, collaborating with Group Risk to deliver best-practice governance and controls.
• Develop, implement, and manage the CIO Risk Profile and Compliance Plan.
• Oversee risk event reporting, resolution, and escalation to senior management and stakeholders.
• Drive operational risk reviews, control testing, and remediation to ensure robust frameworks.
• Lead CIO engagement with audit, IT, and third-party risk management processes.
• Manage operational risk in change initiatives, including business transformation and regulatory updates.

What You'll Bring

• Extensive proven expertise in financial services with a focus on operational risk and governance.
• Proven experience leading Line 1 risk functions within a Chief Investment Office or similar environment.
• Strong knowledge of operational risk and compliance for multi-asset portfolios.
• Demonstrated ability to lead investment operating model and system change agendas.
• Exceptional stakeholder management and communication skills, including board-level engagement.
• Relevant tertiary qualifications in Finance or Business; postgraduate degree highly regarded.

What We Offer

• Boosted superannuation with 13% as standard.
• 20 days annual leave + 5 days MyLeave (extra leave for whats important to you).
• Work from home and many more flexibility options with myFlex.
• Up to 50% off personal insurance, including home and motor insurance.
• Partner discounts on private health insurance, tech& appliances, and many more.
• Industry-leading 20 weeks paid parental leave.
• Access to LinkedIn Learning, the award-winning IAG Academy, study assistance and secondment opportunities.
• employment type eligibility criteria apply

Applications close: Friday 21 November :59AM AEDT

Adjustments and Support

If you require any support or adjustments to participate equitably in our recruitment process, we encourage you to reach out to for a confidential conversation.

More About Us

As part of IAG you'll enjoy a world of career opportunities, a purpose-led place focused on creating connection and belonging, and where you can create meaningful impact every day and grow your career beyond the expected. Thats not just words. Its our people promise. We're ready for you with unexpected opportunities for your career, your work-life and your ability to make a difference. We celebrate all viewpoints shaped by life experiences and culture, and are guided by the knowledge and voice of Aboriginal and Torres Strait Islander peoples, businesses, and communities. We collaborate on Indigenous-led solutions that enable growth and create meaningful change for our customers and employees.