Deputy Head Risk Management, FMG | Sydney, AU

Job Description

Deputy Head Risk Management, FMG Deputy Head, Risk Management, Financial Markets Group (Line 1 risk) Are you ready to join Financial Markets Group (FMG) and play a pivotal role in transforming risk management at the Reserve Bank of Australia?We are seeking an experienced leader to join us in a strategic Line 1 role, to support the FMG identify, analyse and manage risks related to our operations in financial markets, enhance risk culture and progressively advance our risk management practices.Reporting directly to the Assistant Governor, Financial Markets, this newly created role will build and develop a team of dedicated first line risk professionals. This team will support our management of material risks to ensure we stay ahead of an ever-evolving risk landscape.As a Deputy Head you will lead a team to Develop and implement a strategy for risk transformation within FMG. Support the design and management of processes and systems in FMG to ensure that the Bank's operations in financial markets support their policy and operational objectives. Advise on and develop frameworks for the analysis of the financial and operational risk implications of monetary and financial stability policies, bringing this into their design. Collaborate with business areas to enhance business resilience, including the development and testing of contingency plans for both financial market and operational disruptions. Support ongoing improvements to strategies, systems, and processes. Support the preparation of papers for relevant Board and Management Committee meetings. Work collaboratively with our Enterprise Risk and Compliance Team (Line 2) and Internal Audit to provide integrated assurance to the Governance Board and Board Audit & Risk Committee. Coach and advise FMG staff to foster strong risk culture. Represent the Bank in external working groups and conferences, as required. As a leader you will Provide proactive and effective communication, encouraging broad feedback and fostering an inclusive culture of openness and trust. Provide leadership and guidance to effectively achieve team, department, and enterprise outcomes and coach and mentor team members to reach their full potential. Recognise the value of unique perspectives and contributions and be committed to fostering an inclusive environment where all our people are respected, supported and valued. Your Background Working knowledge of central bank operations and/or Australian and international financial markets. Working knowledge of risk management. Demonstrated ability to develop and implement strategic plans at a section or department level. Ability to lead risk transformation within a central bank or other financial institution. Ability to apply risk management and practices to central banking operations, with the ability to navigate complex risk landscapes. Strong leadership skills with a track record of mentoring and developing inclusive, collaborative and high-performing teams. Strong communication with the demonstrated ability to influence and engage diverse stakeholders at all levels. Demonstrated ability to work collaboratively and inclusive with diverse cross-functional teams. Relevant tertiary qualifications in economics, finance, risk, compliance or related discipline, or equivalent experience. Be More Working for an organisation that truly makes a difference to the people of Australia, we can offer development and career opportunities in a collaborative environment that supports your growth, wellbeing and promotes flexibility. Your individual growth and success drives the RBA forward as an organisation. Be more means you can do more, for yourself and for Australia.Why RBA? The RBA makes an important contribution to the Australian economy through the pursuit of national economic policy objectives and associated activities in financial markets and banking. We also issue Australia's banknotes and operate infrastructure critical to the payments system, all of which contribute to the welfare of the Australian people. Made up of specialists across a wide range of fields, our people, values, and culture play a critical role in achieving our objectives. Striving to be Open & Dynamic, we consider and incorporate different perspectives, work across teams and are transparent with each other, whilst delivering quality together effectively and focusing on outcomes by prioritising, testing, learning, and refining as we go. Our people conduct themselves with a high degree of integrity, while striving for excellence in the work they perform and the outcomes they achieve. We encourage intelligent inquiry and we treat one another with respect while promoting the public interest through our efforts. We know it is the growth and success of our people that drives the RBA forward. Come and make a bigger contribution while you build and develop your own skills too, because being more means you can do more, for yourself and for Australia.The Reserve Bank of Australia is committed to equity, diversity and inclusion through key initiatives. We welcome and encourage applicants from diverse backgrounds to apply, including Aboriginal and Torres Strait Islander peoples, culturally and linguistically diverse background, those living with a disability and from the LGBTQ+ community. We are committed to making the recruitment process fair and equitable for all our candidates. Application Close :March 29, 2025 #J-18808-Ljbffr