Deputy Head

Are 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 Australia.

Reporting directly to the Chief Risk Officer (CRO), this newly created role is designed to enhance our management of material risks, strengthen risk culture, and ensure we stay ahead in an ever-evolving risk landscape.

Key Responsibilities:
- Leadership: Lead and mentor a team of senior Line 2 risk class specialists, including experts in technology, cyber, financial, model, resilience, and people risks, to drive consistency in risk management across the RBA.- Strategic Oversight: Work with the CRO and Deputy Head - Strategy & Operations, to oversee the management of various risk classes within business teams, providing robust review and challenge of, and insights into, business area risk management practices, as well as specialist advice to support teams to meet risk management expectations.- Risk Culture: Foster a strong risk culture across the RBA, promoting best practices and continuous improvement.- Collaboration: Work closely with business areas to ensure alignment of risk management strategies with RBA goals.- Innovation: Drive innovation in risk management processes and tools, leveraging the latest industry trends and technologies.

Experience Required:
- In-depth knowledge of various risk classes, including technology, cyber, financial, model, resilience, and people risks.- Strong communication and collaboration skills, with the ability to influence and engage stakeholders at all levels.- Extensive experience in an executive/director risk management role, preferably within a financial institution, professional services, or regulatory body.- Experience in leading during a risk transformation, ideally within a financial institution.- Strong leadership skills with a track record of mentoring and developing high-performing teams.- Deep expertise in risk management and practices, with the ability to navigate complex risk landscapes.- Excellent strategic thinking and problem-solving abilities.

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 Bank forward as an organisation. Be more means you can do more, for yourself and for Australia.
- Why RBA?_

Through the pursuit of national economic policy objectives and associated activities in financial markets and banking, the RBA makes an important contribution to the Australian economy. We also issue Australia's banknotes and operates 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 have a critical role to play in achieving these objectives, whether directly or in a supporting capacity. As a values driven organisation, 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.

Few places give you the balance of professional challenge and a management culture that not only supports but encourages you to live a full life outside of work and be more.

Application Close:
October 27, 2024

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