Address
Form of work How will I help?
We have an exciting opportunity for Senior Manager Operational Risk Measurement. The purpose of this role is to measure Westpac’s existing and emerging operational risks and operational resilience.
Some of the key responsibilities for this role will include:
Develop and deliver the Group’s approach to Operational Risk Measurement, ensuring leading practice is defined and implemented consistently across the Group in line with regulatory requirements and Board expectations.
Inform the assessment of existing and emerging risks and operational resilience, using historic loss analysis and forward-looking scenario analysis.
Work with Risk Analytics & Insights to ensure that the Group is adequately capitalised to withstand unexpected operational losses.
Work with Risk Analytics & Insights to stress test the Group’s capital adequacy.
Support the allocation of Regulatory and Economic Capital to Divisions, in a manner that incentivises strong risk management.
Ensure compliance with APS 115 Capital Adequacy: Advanced Measurement Approaches to Operational Risk.
Support the transition to the Standardised Measurement Approach for Regulatory Capital.
Support the APRA ARS115 return review and Pillar 3 market disclosures.
Identify continuous improvement opportunities and collaborate with key stakeholders across the Divisions to drive prioritisation and execution of these opportunities.
Support the Executive Manager, Macro Risk Assessment, Insights and Scenarios in representing Westpac at relevant industry bodies (e.g. Operational Risk Data Exchange).
What’s in it for you?
You’ll play an important and significant part in the future of a business that has been around for 200 years and be instrumental in achieving our purpose of helping Australians succeed. So, we’ll back you in the development of your career, with internal career prospects and flexible working. You’ll also be backed by a fantastic team of people in a can-do, supportive structure.
What do I need?
At a minimum, a relevant undergraduate degree from a recognised university
5+ years’ experience in financial services
Demonstrable experience leading change
Knowledge of risk management disciplines
Knowledge and experience in risk measurement or capital management preferred
What’s it like to work there?
We aim to provide one big, supportive team of people who love helping others succeed. As an equal opportunity employer, we’re proud to have created a culture and work environment that values diversity and flexibility – and champions inclusion.an equal opportunity employer, we are proud to have created a culture and work environment that values diversity and flexibility – and champions inclusion.
How do I Apply?
As part of our commitment to creating a diverse and inclusive workplace, this role is open to experienced candidates seeking a discussion around workplace flexibility. We invite candidates of all ages, people with a disability and Indigenous Australians to apply.
Our people are our highest priority and we are committed to placing our redeployees in available roles before we review other applicants.
