Risk Business Partner Wealth Private (Executive Manager)

Do work that matters:
 

Retail Banking Services (RBS) is the public face of CommBank, delivering a seamless banking experience for the future, to our 10 million + personal and small business customers. We offer market-leading products and services, supported by some of the world’s best systems and processes.

• Change Management - active engagement in all RBS change management
• Diagnostic deep dives into the Product / Channel risk and control environments
• Reporting - targeted reporting and analysis
• Collaborating with Product / Channel and Service Operations co-located risk colleagues.
• Supporting the Wealth and Private business in managing their risk profiles.

See yourself in our Team:

The Wealth and Private (W&P) team resides within RBS. The purpose of the W&P business is to deliver propositions that help our High Net Worth and everyday Australian customers to grow, manage and protect their wealth.

The Wealth and Private (W&P) Line 1 Risk Business Partners provide guidance on the practical application of the Group’s risk management frameworks through SME support and advice. As trusted advisors, this role will assist the W&P business to operate safely and enable sustainable customer outcomes through insightful risk advice, governance, and positive transformation of the control environment.

Your Impact:

The Line 1 Risk Business Partner, W&P is responsible for ensuring there is an effective risk and control environment across the business, risk exposures are being identified, assessed, and effectively mitigated and compliance obligations are being met.

The role also provides direction and prioritisation support for the W&P Risk Fundamentals and Risk in Change Line 1 Risk Teams and overall W&P business in effectively implementing the Operational Risk Management Framework (ORMF) and Compliance Management Framework (CMF) across its business processes.

Your responsibilities:

• Facilitate end-to-end accountability for identifying, managing, monitoring, and remediating Operational Risk and Compliance activities across W&P.  
• Effective implementation of the Operational Risk Management Framework (ORMF) and Compliance Risk Management Framework (CMF) to support achievement of W&P strategic business and risk objectives within risk appetite.
• Providing commercial, value-add and insightful advice to improve risk management practices across the W&P business and provide risk support for key initiatives.
• Providing end-to-end risk and control perspective across the W&P business and recommending improvements to business processes, controls, systems, and procedures which identify, limit, and monitor risk limits.
• Building and maintaining strong relationships across the risk community, including Chapter Leads, Chapter Area Leads, RBS CCO and RBS Line 2 Operational Risk and Compliance teams.
• Driving a positive risk culture across the business.
• Supporting regulatory requests (directly from regulators and from BU or Group).
• Supporting the W&P EGM, Crew Leads and Business GMs with development and execution of the risk strategy for the business.
• Conducting workforce planning to prioritise risk and control initiatives, considering the business’ strategic objectives, activities, and risk profile. ​
• ​Preparing and presenting risk updates to relevant governance forums across the W&P business and strategic partners.
• Providing oversight and monitoring of strategic partners and suppliers across W&P.
• Actively partnering with W&P Crew Leads, Product Owners, and GMs to support in achieving their defined business outcomes.
• Supporting the GM Line 1 Risk Business Partner with governance of the W&P Sub Risk Committee including paper preparation.

We’re interested in hearing from people who have:

• Substantive experience in the operational risk and compliance craft.
• Proven people leadership skills with the ability to lead and develop high performing teams, set expectations, and performance management.
• The ability to provide pragmatic and practical solutions to complex problems.
• Strong reasoning ability and negotiation and influencing skills, across a range of stakeholder groups.
• The ability to navigate complexity and ambiguity, continuous learning and leading and building a positive workplace culture.
• A passion for delivering better customer outcomes, and comfortable working in a fast paced and changing environment.
• Advanced written and verbal communication skills with sound business commercial aptitude and knowledge.

If this sounds like the role for you then we would love to hear from you. Apply today!

We support our people with the flexibility to balance where work is done with at least half their time each month connecting in office. We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work in the role you’re interested in.