Head of Balance Sheet Risk | Newcastle NSWThis position leads the development and execution of NGM Group’s Balance Sheet Risk Strategy and Framework, ensuring the organisation operates at the highest professional standards associated with a Significant Financial Institution (SFI). This role will deliver strategic risk insights, enhance risk analytics capabilities, and contribute to sustainable organisational growth.What will your key responsibilities include?Mature the Balance Sheet Risk and Risk Analytics function, aligning with industry and organisational expectations.Lead analytics initiatives, including machine learning and AI, to enhance risk modelling and data insights.Ensure compliance with Board risk limits through rigorous monitoring, reporting, and stress testing.Analyse trends, market changes, and data to provide actionable insights, translating these for executive and Board decision-making.Develop and maintain policies to manage earnings-at-risk (EAR) and economic value sensitivities (EVS) within defined tolerances.Challenge treasury operations effectively, ensuring robust risk mitigation strategies and operational hygiene.Elevate awareness of market risk and analytics issues among executive and risk management teams.Provide thought leadership to elevate market risk awareness among executives and the Board.Define a clear vision for the team, fostering a culture of collaboration, innovation, and continuous improvement.Lead by example with enthusiasm and humility, building strong relationships across diverse teams.What are we looking for?We are seeking a leader with a blend of technical expertise, strategic vision, and strong interpersonal skills to drive outcomes in a fast-paced environment:Highly developed skills in market risk quantitative modelling, scenario analysis, and advanced analytics (including AI and machine learning).Expertise in the Australian banking and financial services industry, including key challenges and regulatory implications.Exceptional written communication skills, with experience preparing insightful Board reports.Proven ability to influence and lead strategic change, navigating from the current state to the desired future state.A forward-thinking mindset with the ability to bring diverse perspectives and innovative ideas.Sound judgement and problem-solving skills, with a strong focus on delivering outcomes efficiently.Exceptional stakeholder management and relationship-building skills across all organisational levels.What can you expect from us?NGM Group employees can take advantage of the following work perks:Health and wellbeing; Fitness passport, corporate health insurance and annual flu vaccination.Lifestyle and giving back; Hotel discounts, 14 weeks paid parental leave, two community volunteers days and three recreational leave days per year.Professional advancement; Flexible work arrangements, recognition programs and employee referral program.About usWe’re NGM Group, and we offer retail banking services to more than half a million Australians under the brands Greater Bank and Newcastle Permanent. We have fresh energy and big goals for our customers, and our people are key to us achieving this success. If you’re ready to be part of a team that puts the customer first and enjoys a challenge as the path to growth and innovation, then … we want you!Collectively, we’re the largest customer-owned bank based on net assets and the 10th largest Australian-owned bank for household deposits. A financial powerhouse headquartered in the Hunter, we have a workforce of more than 1,600 people and total assets of more than $20 billion.NGM Group is committed to delivering trusted banking to enable our customers and communities to thrive. We do this by leading with heart, doing the right things in the right way, and by maintaining high standards of ethical behaviour in everything that we do. All applicants are therefore required to undergo a skills assessment, comprehensive background check, Bankruptcy Check and a National Police Check.We are also working to reflect the vibrant communities we serve. We believe in creating an inclusive, diverse, and supportive workplace where everyone can thrive. If you require adjustments to be made during the recruitment process or would like to discuss any accessibility requirements, your Talent Acquisition Partner will be happy to engage in a confidential discussion and assist. Your unique talents and perspectives are what make us stronger.
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