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Location
Salary
$100000 - $200000 per annum
Job Type
Permanent
Ref
BH-162877-1
Contact
Eugena Gong
Posted
about 5 years ago
The Role Objectives
  • To support the implementation and ongoing management and reporting of risk and compliance obligations in the 1st Line of Defence, including the implementation and embedding of the Operational Risk Management Framework and the Compliance Management Framework.
  • To promote and drive a strong risk and controls culture that optimises risk / reward, ensures risk and compliance are a key consideration in key decisions and therefore, helps achieve business objectives.
  • To continually raise awareness and facilitate a strong risk and compliance culture that embodies our ethics and integrity, balancing commercial and client needs.

Your Responsibilities
  • Work across the Insurance business to ensure Compliance and Risk Plans are adequate and up to date.
  • Advise the business and help identify, monitor, measure and manage its risks and controls and provide pragmatic, outcome-focused solutions.
  • Assist business leaders to drive a risk and compliance culture and awareness in day-to-day business decisions and business strategic and growth initiatives.
  • Act as the first point of contact in relation to the business’s compliance controls and policies and provides advice or input into business compliance risks and issues.
  • Drive and facilitate key risk processes e.g. Risk and Control Assessment, incident management and issues.
  • Facilitate regular reviews to ensure the ongoing relevance of the risk appetite statement, its supporting metrics and thresholds.
  • Understand compliance and regulatory obligations and advise the business on the implementation and application of business level compliance controls, including evidencing of controls.
  • Ensure that any regulatory undertakings are addressed appropriately and support the business teams in delivery of the same.
  • Coach and support business resources in how to apply the controls, self-assessment and compliance obligations and aid in the development of solutions and remediation plans.
  • Monitor effectiveness of self-assessment practices, highlight gaps and risks outside of defined risk appetite and escalate.
  • Delivery of any regulatory change into the business; coordinate and manage internal regulatory reviews and responses.
  • Assist in the preparation of Risk Management declaration, Insurance Risk Forum topics and the preparation of various board reports.

Knowledge & Experience
  • 5+ years of operational risk / compliance advisory experience in Financial Services, with exposure to business processes and systems.
  • Updated knowledge of regulations / regulatory changes impacting Insurance is highly desirable.
  • Demonstrated experience of influencing senior business leadership teams.
  • Passion and persistence in managing / communicating operational risk issues associated with projects, changes & separation programs. 


For further information on this role or to confidentially apply, please contact Eugena Gong on 02 8227 9200 or apply directly via the Apply for this job button. Only WORD FORMAT CVs will be accepted.