Job Title:
Operational Risk & Controls Specialist
Job Summary:
We are seeking an experienced Operational Risk & Controls specialist to join our team. The successful candidate will be responsible for managing change being delivered by projects across the end-to-end value chain in the Global Financial Markets business unit.
Key Responsibilities:
* Represent the 1 Lo D on change projects to ensure risks are appropriately identified and addressed whilst ensuring business objectives are met.
* Document and assess the design effectiveness of controls, which capture any regulatory changes, and the impact of change is appropriately assessed within the risk & compliance appetite; ensure process documentation is sufficient to ensure seamless delivery into BAU.
* Ensure appropriate monitoring controls and KRIs are implemented to provide ongoing oversight of operating effectiveness.
* Provide 1 Lo D input to issue prioritisation and remediation, undertaking incident management and risk reporting when required.
* Establish a risk aware and safe escalation culture within Projects, collaborating across 1 Lo D and 2 Lo D to ensure all compliance obligations relevant to Financial Markets are incorporated into business unit compliance plans and supported by robust compliance processes.
* Ensure Projects meet the minimum requirements for managing operational risk in Projects, including completion of the Risk Control Matrix.
Requirements:
* Minimum 5 years of experience of Operational Risk & Controls in Institutional Banking / Financial Markets (including those gained overseas) - from either 1/2/3 Lo D.
* Capability to assess operational risks, design/test adequate controls and assist with implementation as a 1 Lo D function.
* Demonstrated ability to provide advice/recommendation on the design effectiveness of controls.
* Outstanding ability to verbalise complex operational risk language to business leaders to make sure key messages are delivered and comprehended.
* Pragmatic and self-motivated Risk Leader who's willing to get their hands dirty.
* Knowledge/experience in global-scale regulatory reforms (ie Mi FID, Initial Margin CFTC, GDR) gained in Australia or overseas is highly desirable.
What We Offer:
A competitive salary and benefits package, along with opportunities for career growth and professional development.