Senior Risk Analyst Governance & Behavioural Risk

The role

As a Senior Risk Analyst Governance & Behavioural Risk in our Sydney or Melbourne office, you will work on a range of initiatives to support our frontline teams in the resilience of Australian Financial Services. Scope of work will include the supervision of our regulated entities through understanding data, prudential reviews and meetings, responding to material events in industry, and driving the way we transform our understanding of Non-Financial Risk internally and in industry through targeted programs of work aligned to the APRA corporate plan.

The team

Cross-Industry Risk Division (CRD) brings together risk and system specialists, who collaborate with frontline divisions in supervising regulated entities and play a key role in identifying risks and trends across industries and the financial system as a whole. The branches in CRD are organised into Financial Risk, Non-Financial Risk and System Risk.

The Non-Financial Risk team is responsible for supporting prudential oversight across Banking, Superannuation and Insurance, including driving excellence across APRA supervision, industry groups and our regulated entities. The team serves as subject matter experts and thought leaders in CPS 220 Risk Management, CPS 230 Operational Risk Management, CPS 231 Outsourcing, CPS 232 Business Continuity Management, CPS 234 Information Security, CPS 510 Governance, CPS 511 Remuneration and CPS 520 Fit and Proper (as well as commensurate prudential standards specific to industry).

Key responsibilities

• Contribute towards the strengthening of APRA’s governance framework for banks, insurers and superannuation trustees, ensuring governance standards reflect contemporary best practice;

• Engage with a range of internal and external stakeholders, providing specialist advice and uplifting capability;

• Leading in prudential reviews (focusing on governance risk) and engage with regulated entities to drive improvement in risk outcomes; and

• Identify and champion continuous improvement opportunities for team efficiency and effectiveness.

About you

• Substantial knowledge and experience in governance, and familiarity with culture, remuneration and accountability practices in financial services;

• Experience leading reviews, including running interviews and workshops with senior leaders;

• Strong analytical and problem-solving skills, coupled with excellent written and verbal communication skills;

• Substantial organisational, self and priority management skills, including proven ability to lead strategic engagement externally and coordinating cross-divisional processes;

• Tertiary qualifications in a relevant field; and

• Experience in consultancy, financial services, risk management and/or regulation is highly desirable.

To work with us, you need to be an Australian citizen with eligibility to obtain and maintain Australian Government Security clearance.

About APRA

The Australian Prudential Regulation Authority (APRA) places you at the heart of Australia’s financial services industry. APRA serves the Australian community by helping ensure financial institutions deliver on the financial commitments they make, within a stable, efficient and competitive financial system.

At APRA we’re committed to providing an inclusive workplace where everyone belongs, feels valued and respected. We aspire to attract and foster diversity of background, thought and experience, recognising that a broad range of perspectives, approaches and ideas makes us stronger, and better enables us to meet our obligation to protect the financial wellbeing of the Australian community. When applying, please inform us of any adjustments you may need during the interview process.