Manager - Product & Suitability Risk

4 weeks ago


Sydney, Australia Anton Murray Consulting Full time

Sydney
Wealth Management
Contract or Temporary

Our client is a leading Wealth Management firm seeking a Manager of Operational Risk for an initial 12-month contract starting in February 2023.

This role sits within the organisation’s Wealth Management Risk Team and the key function is to assist managing, overseeing and developing the Product Governance and Suitability Risk Frameworks for the firm, as well as identifying, escalating and managing Product and Suitability Risks.

Accountabilities for this role include:

  • Assist in the management, analysis, and development of the Product Governance framework
  • Assist in analysing, assessing and supervising Product and Suitability Risk for the Firm
  • Co-ordination and maintenance of the Approved Product List
  • Analysis and due diligence of client books of proposed new FA hires
  • Reviewing and approving new products as part of the Capital Markets Committee
  • Ongoing review and performance of tasks relating to compliance with the Product Governance Policy of the business
  • Contribute to and assist with the Product & Investment Risk Committee as a member of the committee
  • Ensure standardisation and consistency in risk management policies and procedures applicable across the business relating to product and suitability risk

Desired Experience, Qualifications, and Competencies:

  • Approximately 5 years’ Risk Management or Product experience from a top tier firm
  • University Degree qualified in Finance, Business or Economics – preferable
  • Recognised industry qualifications – preferable
  • Experience within wealth management and/or banking – preferable
  • Extensive Risk Management or Product experience
  • Strong knowledge of Australian and International Financial Markets and products
  • High attention to detail and an analytical mindset
  • Strong project management skills
  • Excellent communication skills both verbal and written


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