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Risk Manager

Bank of Queensland (BOQ)

Location: Sydney

Job Type: Full time


About the Role

The role of the Manager of Risk has the primary accountability for providing risk advice and guidance, and for assisting Management in the analysis, identification, assessment, mitigation, management and reporting across all relevant risk and compliance matters, issues, and incidents within the Retail or Business Banking Divisions, as necessary. This role will also be responsible for assisting the Head Of Risk, in managing general risk activities, or other ad hoc risk related activities as necessary, within the relevant Division.

Some of the Key Accountabilities in this role include:

  • Consult and liaise with 1st, 2nd and 3rd line Operational Risk and Compliance teams. Provide risk advice and guidance to the Leadership Team and other stakeholders within the Retail or Business Banking division, as necessary.
  • Work directly with the 1st Business teams and Heads of Line 1 Risk to manage general risk activities within the Retail or Business Banking divisions.
  • Liaise with various stakeholders throughout the BOQ Group to identify, assess, mitigate, manage, and report across all risk and compliance risks, control performance, issues, treatment plans and incidents or other ad hoc risk-related activities.
  • Make decisions guided by policies, procedures and strategy.
  • Solve complex problems and exercise decisioning authority within a short to medium timeframe.
  • Update, modify or provide risk feedback across existing policies and procedures within own area of expertise.
  • Lead or facilitate working groups for remediation.
  • Oversee and perform analysis across complex data that informs risk management.
  • Direct leadership / supervisory responsibility across a small team. Coordinate and supervise routine work day-to-day across direct reports.
  • Understand and comply with the Code of Conduct and any additional policies and procedures which apply to the role to ensure BOQ Group excels, complies with laws and regulations, and upholds their reputation.

About you

Our ideal candidate is an enthusiastic and analytical problem solver who is eager to progress their knowledge in risk management, stakeholder management and people leadership. The candidate will have at least 5 years of experience in the financial services industry (preferably within banking), knowledge of Non-Financial risk management and be a graduate in risk management, law, business, finance or related discipline and relevant work experience.

More specifically the key skills and experience for this role include:

  • Experience in risk management, digital / technology applications, operations, banking or finance preferable, not required.
  • 5+ years’ experience in a similar role.
  • Knowledge of banking or finance processes, controls and practices, and knowledge of Non-Financial risk management.
  • An understanding of banking and related regulatory legislation and compliance requirements.
  • Tertiary qualifications in risk management, governance, law, business, banking, accounting or a finance related discipline would be preferred.
  • Strong relationship building and interpersonal skills, with the ability to work effectively across a wide variety of areas and organisational levels, required.
  • Intermediate skills to advanced skills in the use of MS Excel and Word (desirable), as well as other Microsoft applications.
  • Ability to influence outcomes across budgets, proposed solutions, policies and processes.
  • Ability to problem solve and provide guidance and oversight across the implementation of solutions or incident remediations.

About Us

BOQ is one of Australia’s leading regional banks and provides a genuine alternative for Australian financial services customers and employees. Our purpose is to create prosperity for our customers, shareholders and people through empathy, integrity and by making a difference. Our ambition is to be known as the bold challenger bank; with multi-brands that are digitally enabled with a personal touch.

BOQ is passionate about providing opportunities for you to develop your career as we continuously adapt and deliver in a transformational and collaborative environment with a strong focus on community.

BOQ’s Inclusion vision is to foster a workspace that values and leverages difference and creates new possibilities, a place where our people feel confident to bring their best selves to work every day. We embrace difference and believe that our workforce should reflect the customers and communities that we serve.

In 2021 BOQ Group was awarded a Workplace Gender Equality Agency (WGEA) Employer of Choice for Gender Equality citation.

Our Benefits

  • Discounted financial products
  • Salary sacrificing options
  • Paid parental leave with no minimum
  • Paid volunteer days
  • Purchase annual leave
  • BUPA Corporate Plan
  • Employee Assistance Program (EAP)
  • A ‘zero tolerance’ to Domestic and Family Violence (DFV) with active support for employees experiencing DFV
  • 5 employee diversity network groups focusing on; First Nations Reconciliation Council, Proudly ME (LGBTIQA+), Multicultural, Gender and Early Career.
  • BOQ Group is a member of Pride in Diversity and a participating organisation in the Australian Workplace Equality Index.

How to Apply

To apply for this role please follow the links or apply via our Careers Page.

The Bank of Queensland is committed to diversity and an inclusive workforce. Aboriginal and Torres Strait Islander People are encouraged to apply.

If you are successful for a role with the Bank of Queensland, it is a condition of employment that background screening is completed to ensure that the Bank complies with its obligations under the Anti-Money Laundering and Counter Terrorism Financing Act. These checks may include, but are not limited to: identity, verification, reference checks, criminal background checks, immigration checks, verification of academic qualifications, bankruptcy checks.