Associate Director Wholesale Banking Operational Risk Job Title
Associate Director Wholesale Banking Operational Risk
Job Description
At Rabobank, ourmitment to our employees and clients is at the heart of everything we do.
As the world's leading specialist in food and agribusiness banking, one of our key strengths lies in our people who have a deep understanding of agriculture and aremitted to adding long-term value for clients.
Our culture is unique, because every day our people work knowing that we are all playing our part in supporting our farmers to feed the world. We strive to create an open, balanced, and flexible workplace where people feel that they belong, can be open and honest and are are focused on growing each other.
About the role - 12 month fixed-term contract
The Associate Director Wholesale Banking Operational Risk is a 1st line operational risk role in Wholesale Banking. Reporting to the Executive Director Wholesale Non-Financial Risk and Control, this role will be responsible to drive the overall direction, maintenance, and implementation of operational risk activities across all clients and products lines within Wholesale Banking Region Australia and New Zealand. The position is a subject matter expert to Wholesale and valued advisor on operational risk related matters. Building strong and trusting stakeholder relationships with the Wholesale business heads and 2nd line Operational Risk is a critical aspect of this role.
Key responsibilities and accountabilities:
1. Facilitate the implementation and maintenance of the Risk Management Framework (RMF) cross all Wholesale product and client owners.
2. Facilitate annual and periodic review of all operational risks and controls, report and monitor operational risks against established tolerance levels and assist risk and control owners to maintain their risk profiles.
3. Assist control owners to assess and review control effectiveness and monitorpletion of periodic Control Self Assessments.
4. Support risk and control owners in Line 2 Operational Risk reviews and Line 3 Audit engagements. For example, facilitate/input into control testing walk-throughs, review oues of Line 2 and Line 3 controls testing in conjunction with control owners.
5. Ensure operational risk incidents are identified and recorded, investigated where needed and acted upon with appropriate remediation and action plans.
6. Co-ordinate and draft lessons learned and deep-dive reviews into operational risk incidents.
7. Support Wholesale Banking risk owners to identify impacted people, processes and/or systems for any change initiatives; and support business heads to conduct gap analyses of new policies to current risks and controls.
8. Identify instances where a requirement for operational risk acceptance is required and support the business unit to draft risk acceptance requests, obtain and record necessary approvals.
To be successful in the role:
9. Tertiary qualifications in either business, finance, economics and/or law with a post graduate qualification favourably viewed.
10. Experience within banking and finance, in an Operational Risk or Internal Audit/Assurance role.
11. Stakeholder management, including dealing with senior management and business teams.
12. Experience in application of operational risk management processes and strong knowledge of related regulatory standards and obligations (Basel, Banking Executive Accountability Regime and APRA Prudential Standards).
13. Working knowledge of Wholesale/Institutional banking products and processes.
Our Values, Vision, and Mission
Rabobank Australia fully embraces inclusion and belonging and delivers positive experiences for our people and clients. Our great working conditions, broad learning and development programmes and the opportunity to work together for the greater good are reasons why our employees love working here. We aremitted to our values; we are client focussed, action oriented, purposeful, and courageous in our work. We are professional and considerate and bring out the best in each other and aremitted to keep learning. We have an open culture, where you can be yourself and be valued for who you are.
What we're proud to offer you:
Wellbeing leave. These 2 extra leave days support greater work/life balance and is just another way we are helping our employees to lead happier, healthier, and more fulfilling lives.
Education Assistance Program. Rabobank values the development of its people and has a great Education Assistance Program to assist with professional development.
Parental Leave that supports you and your family while giving you the freedom and flexibility to enjoy this special time (Primary carer up-to 14 weeks paid leave)
Bonus and Additional Leave. We realise sometimes 4 weeks Annual Leave isn't enough! At Rabobank we provide an incentive for eligible employees to receive 1 extra week Annual Leave and an option to purchase another 2 weeks Annual Leave.
Extra Insurance. Rabobank recognises that employees need to protect their financial wellbeing, in the event of serious illness, injury, or even death. Rabobank provides eligible permanent employees with employer-funded Death, TPD and Ie Protection Insurance.
Rabo Workplace Giving program. As part of Rabobank's global Corporate Social Responsibility, Workplace Giving aims to encourage employees to contribute to ourmunity. Rabo Workplace Giving program matches employee donations to selected Social Partners.
is our hybrid way of working at Rabobank and for Australia, that means we have a blend of time working between the office and home.
Rabobank ismitted to a culture where diversity and inclusion is valued, respected, and encouraged. We wee applicants from diverse cultures, faith, and sexual orientation.
If you would like to discuss how we can make our opportunities more accessible to you, please let a member of the Talent Acquisition team know.
Rabobank is not accepting submissions from recruitment agencies for this role.
You must hold valid work rights to be considered for this role Job ID JR_00109139