Operational Risk Manager
Job Description
Job Details
Location Sydney CBD Salary $80000 per annum Job Type Ref BH-158263 Contact Posted over 5 years agoThe OrganisationYou will join an iconic international bank with progressive footprints and organic growth in Australia, in their well established Risk Management team. This role is a Mat Leave Cover until June 2020 with the view to extend.
Key Duties and Responsibilities
Update the Branch's Operational Risk Policies and Procedures with regards to regulatory updates and risk management principles
Implement risk management framework and relevant policies and procedures into BAU
Update and monitor the Branch's risk limits in accordance with principles stated in relevant policies (e.g. Operational, Incident Management, etc.)
Monitor risk management activities and conduct risk workshops as per schedule
Conduct half-yearly operational risk assessment, identify and rank prominent operational risks of the Branch
Assist the business units in developing risk profiles, and design appropriate controls
Review and assess potential risks associated with new products and processes
Assist Department Head to coordinate with external parties (such as APRA, internal and external auditors.)
Maintain documentations and prepare monthly reports to Management and Committee
Other ad-hoc works when required
Requirements
3-5 years' experience in an operational risk & controls (Line 1, 2 or 3), preferably in Australian Banking / Big4 consulting firms
Tertiary qualified or above in finance/business
Good updated understanding of APRA and other regulatory requirements impacting a foreign ADI's operation
Detailed knowledge of principles, practices, theories and concepts relating to operational risk management
High attention to detail, with demonstrable autonomy and teamwork
Speaking and reading proficiency in both English & Mandarin is essential