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Operational risk manager - global bank (financial markets & aml oversight)

Sydney
JS Careers
Risk Manager
Posted: 23 April
Offer description

A leading global financial services organisation is seeking a Risk Manager to support its Markets function. This role sits within a specialist Non‐Financial Risk team providing independent risk advisory and oversight across trading, financing, and client lifecycle/AML activities.

Play a key role in operational and AML risk governance, supporting the management of complex client, transaction, and regulatory risks across global Markets businesses. The successful candidate will act as a trusted advisor to the business, ensuring risks are identified, assessed, controlled, and reported in line with regulatory and internal expectations.

Key Responsibilities

Risk Advisory & Oversight

* Provide independent risk advisory oversight across Markets client fulfilment activities, including onboarding, lifecycle management, and client servicing.
* Advise the business on current and emerging operational, AML, and conduct risks impacting Markets and client‐related processes.
* Partner with business and compliance teams to challenge, influence, and enhance risk outcomes.

AML & Financial Crime Risk Oversight

* Provide risk oversight of end‐to‐end AML operations, including KYC, client due diligence, periodic reviews, and transaction‐related controls.
* Assess AML risks arising from trading structures, products, client types, geographies, and delivery models.
* Support reviews of financial crime frameworks, policies, and standards as they relate to Markets activities.
* Identify control weaknesses, process gaps, and risk themes via proactive control assurance, thematic reviews, and issue analysis.
* Lead or support investigations into operational risk incidents, including root cause analysis and remediation tracking.
* Oversee the design, testing, and ongoing effectiveness of key controls across client fulfilment processes.

Change, Product & Initiative Risk

* Provide risk assessment and challenge for new products, business initiatives, and process changes impacting Markets and client operations.
* Ensure risks are appropriately identified, mitigated, and documented prior to implementation.

Governance, Reporting & Stakeholder Engagement

* Produce clear risk reporting for senior management and governance forums.
* Support business adherence to group‐wide risk policies and standards.
* Build strong relationships with senior stakeholders across Markets, Operations, Compliance, and Risk.

Key Skills & Experience

* 5+ years' experience in non‐financial risk management, operational risk, or risk advisory within financial services.
* Experience supporting trading, financing, or Markets businesses within a risk, compliance, or control function.
* Strong working knowledge of AML, KYC, and financial crime risk frameworks, ideally with exposure to client onboarding and lifecycle oversight.
* Proven ability to engage, influence, and challenge senior stakeholders constructively.
* Strong analytical capability, including data analysis, issue identification, and process improvement.
* Comfortable operating in complex, fast‐paced environments and navigating ambiguity.

What's on Offer

* Opportunity to work within a global Markets business supporting complex trading and client activities.
* Exposure to senior leadership and material risk decisions.
* Flexible and hybrid working arrangements.
* Comprehensive wellbeing, learning, and development benefits.
* Inclusive and supportive culture that values diversity of thought and experience.
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