Senior Analyst Operation Risk

You have the chance to be part of something different in this growing organisation. You will be able to make a bigger difference with us, as we are a bit smaller than the majors and your circle of influence is greater. You will see the results of your work, be recognised for your achievements, and be provided with the support you need to help balance your career. A key part of your contribution will be helping uplift the team’s capability through the effective use of AI. This includes improving how we analyse risk information, identify emerging risks, and deliver clear, actionable insights to stakeholders. You will have the satisfaction of working with others to deliver sustainable and resilient business outcomes that are in line with our risk frameworks and are centred on being trust-driven and customer obsessed. Your reporting lines You will report to the Senior Manager, Operational Risk. Your responsibilities You will work closely with business units throughout the Bank as an Operational Risk subject matter expert. The responsibilities associated with the role include, but are not limited to: • Operational Risk Oversight - Provide independent oversight and challenge to the Bank’s operational risk management activities. - Review and assess the effectiveness of the risk management framework, including through the review of controls assessments, issues and incidents. - Conduct independent risk assessments, controls testing, and scenario analyses to evaluate potential impacts on the business. - Monitor and report on key risk indicators, issues, incidents, metrics, and emerging risks. - Use AI-enabled tools to enhance risk analysis and insight generation. • Stakeholder engagement - Work across the Bank to promote a risk aware culture. - Act as a point of contact for operational risk related enquiries and issues, from the second line of defence perspective. - Translate complex risk insights, including those derived from AI tools, into clear and practical guidance for stakeholders. • Continuous improvement - Stay updated with industry best practices and emerging risks. - Implement continuous improvement initiatives to enhance the effectiveness of the second line of defence. - Identify and implement opportunities to improve efficiency, consistency, and quality of risk processes using AI and automation. - Support the uplift of team capability in using AI tools responsibly and effectively. - Participate in risk management projects and initiatives. Your experience • At least three years Financial Services Operational Risk management. • A good understanding of regulatory requirements and industry best practices in operational risk management. • Strong knowledge of operational risk management frameworks and methodologies. • Knowledge of relevant Financial Services sector standards, including legislation, regulation, prudential standards, codes etc, including, but not limited to combinations of the following, APRA prudential standards, Corporations Act and Customer-Owned Banking Code of Practice. • Experience or demonstrated interest in the use of AI tools.