Job Description
Full job description
Key leadership role within the Line 2 Strategy & Operations team
Drive impactful risk management practices
Fixed Term Contract - 5 years
As part of the Risk Management Line 2 team, the Senior Manager - Assurance Planning & Co-ordination will lead assurance engagements with departments to examine, evaluate, and provide objective assessments on risks and controls. You will identify, plan, agree, and deliver a range of engagements to stakeholders within the Bank, and report on the outcomes and benefits.
Your background and experience in a similar role will enable you to effectively handle complex issues and engage with a range of stakeholders, including executive levels. Your professional and positive engagement style will drive and maintain a strong risk culture. With the knowledge and skills your team will share, you will encourage appropriate risk mitigation by management.
Managing a small team, you and your team will plan Line 2 risk assurance activities, coordinating with Internal Audit and Line 1 stakeholders. You will lead your team to review the design and operation of the Bank’s risks and controls in accordance with the Bank’s risk framework and procedures, ensuring they are comprehensive and effective to support Bank objectives.
This role plays a critical part in strengthening the Bank’s enterprise risk management capabilities and aligning assurance activities with strategic objectives.
Responsibilities
Provide assurance to the Governance Board, Audit & Risk Committee, and Risk Management Committee (RMC) on the effectiveness of the risk and compliance framework and departmental/RBA compliance with the framework.
Provide key insights (e.g., health of the key control environment, thematic review of incident concentration) to inform investment priorities.
Prepare an integrated assurance plan in consultation with Line 1 (departments and supporting dedicated risk SMEs) and Line 3 (Audit).
Define, schedule, and resource an annual Line 2 assurance and oversight plan (controls assurance, thematic reviews, deep dives).
Develop a Line 2 controls assurance and oversight methodology, supporting tools, and templates.
Lead the execution of a Line 2 controls assurance and/or oversight plan.
Utilise emerging technologies (e.g., AI) and advanced analytics to enhance assurance coverage and execution efficiency.
Influence executives and department leaders to invest in and mature risk management practices.
Develop strategic and trusted relationships fundamental to the implementation and continuous improvement of the RBA’s risk and compliance management framework.
Lead and support risk assessments and the implementation of controls and frameworks, including through short-term secondments within departments.
Produce high-quality reports with evaluations on the control environment, including practical suggestions to remedy weaknesses and operational improvements with recommendations that consider costs, benefits, and risk appetite.
Prepare and coordinate reports and administrative arrangements for risk-related committees.
Experience and Qualifications
Proven experience in the design and testing of internal controls to provide assurance that operational, people, technology, strategic, and project risks are controlled.
Broad experience and knowledge of assurance methodologies, controls, and frameworks.
Strong skills and experience in data and analysis to develop insights into the risk profile and to build and maintain an integrated view of controls’ effectiveness and assurance activities.
Experienced people leader, driving quality outcomes and continuous improvement.
Relevant tertiary qualifications in economics, finance, risk management, compliance, or a related discipline; or equivalent professional experience.
Key leadership role within the Line 2 Strategy & Operations team
Drive impactful risk management practices
Fixed Term Contract - 5 years
As part of the Risk Management Line 2 team, the Senior Manager - Assurance Planning & Co-ordination will lead assurance engagements with departments to examine, evaluate, and provide objective assessments on risks and controls. You will identify, plan, agree, and deliver a range of engagements to stakeholders within the Bank, and report on the outcomes and benefits.
Your background and experience in a similar role will enable you to effectively handle complex issues and engage with a range of stakeholders, including executive levels. Your professional and positive engagement style will drive and maintain a strong risk culture. With the knowledge and skills your team will share, you will encourage appropriate risk mitigation by management.
Managing a small team, you and your team will plan Line 2 risk assurance activities, coordinating with Internal Audit and Line 1 stakeholders. You will lead your team to review the design and operation of the Bank’s risks and controls in accordance with the Bank’s risk framework and procedures, ensuring they are comprehensive and effective to support Bank objectives.
This role plays a critical part in strengthening the Bank’s enterprise risk management capabilities and aligning assurance activities with strategic objectives.
Responsibilities
Provide assurance to the Governance Board, Audit & Risk Committee, and Risk Management Committee (RMC) on the effectiveness of the risk and compliance framework and departmental/RBA compliance with the framework.
Provide key insights (e.g., health of the key control environment, thematic review of incident concentration) to inform investment priorities.
Prepare an integrated assurance plan in consultation with Line 1 (departments and supporting dedicated risk SMEs) and Line 3 (Audit).
Define, schedule, and resource an annual Line 2 assurance and oversight plan (controls assurance, thematic reviews, deep dives).
Develop a Line 2 controls assurance and oversight methodology, supporting tools, and templates.
Lead the execution of a Line 2 controls assurance and/or oversight plan.
Utilise emerging technologies (e.g., AI) and advanced analytics to enhance assurance coverage and execution efficiency.
Influence executives and department leaders to invest in and mature risk management practices.
Develop strategic and trusted relationships fundamental to the implementation and continuous improvement of the RBA’s risk and compliance management framework.
Lead and support risk assessments and the implementation of controls and frameworks, including through short-term secondments within departments.
Produce high-quality reports with evaluations on the control environment, including practical suggestions to remedy weaknesses and operational improvements with recommendations that consider costs, benefits, and risk appetite.
Prepare and coordinate reports and administrative arrangements for risk-related committees.
Experience and Qualifications
Proven experience in the design and testing of internal controls to provide assurance that operational, people, technology, strategic, and project risks are controlled.
Broad experience and knowledge of assurance methodologies, controls, and frameworks.
Strong skills and experience in data and analysis to develop insights into the risk profile and to build and maintain an integrated view of controls’ effectiveness and assurance activities.
Experienced people leader, driving quality outcomes and continuous improvement.
Relevant tertiary qualifications in economics, finance, risk management, compliance, or a related discipline; or equivalent professional experience.
💡 Quick Summary
Seeking a career-building opportunity? The Senior Manager - Assurance Planning & Co-ordination position is now open for candidates interested in the Bank Jobs sector. This role in Sydney offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
