Sydney Wealth Management Contract or Temporary Our client is a leading Wealth Management firm seeking a Manager of Operational Risk for an initial 12-month contract starting in February 2023. This role sits within the Wealth Management Operational Risk division in Line 1. The Operational Risk team is an independent function that oversees, monitors, measures and analyses operational risks across the Wealth Management business to ensure they are operating within the businesses risk appetite levels across the network. Accountabilities for this role include: Develop, maintain and co-ordinate implementation of operational risk policies and procedures across the business Promote a positive operational risk culture throughout the business Prepare risk reporting and information packs for various Operational Risk Committees. Partner with functional groups, including Legal, Compliance, Operations, Credit, Tax, Financial Crimes Group and IT to identify, assess and mitigate business related risks Govern new business initiatives and work with the business and functional support areas on the initiatives Business Continuity Plan coordination, review and approval Support regulatory inquiries, internal audits and compliance testing across the Australian business Track, report and manage all operational risk incidents. Complete post incident reviews and implement enhanced controls Support the annual Risk and Control Self-Assessment program; review risks and their associated controls Work with the business on day-to-day queries and issues Work closely with Asia Wealth Management to ensure consistency of approach and alignment with operational risk practices Establish and maintain relationships with other internal stakeholders and departments Comply with the ethical standards contained within the Company Code of Conduct Adhere to Company policies and procedures, regulatory and legislative requirements Technical/Specialist skills/competencies Over 4 years’ Risk Management or Compliance experience ideally from the Wealth Management industry Strong knowledge of Australian and International Financial Markets including knowledge of equities, listed and OTC derivatives, fixed income and foreign exchange products. Advanced MS Word, PowerPoint, Outlook and Excel skills High attention to detail and an analytical mindset Strong project management and time management skills Strong organisational skills