Job Description
- Permanent role.
- Australia-wide based – flexible working options
- Excellent opportunity to join Westpac’s Risk division.
How will I help?
The Executive Manager, Operational Risk provides 2LOD Risk Advice, oversight and challenge to our Insurance (General & Life) as well as Product Chapter businesses. Coordinate and assist in drafting key risk reporting; driving increased risk maturity, promoting better practice of Non-Financial Risk management and creating a culture that balances risk and reward.
Reporting into the Head of Risk CTB, CBCE & Insurance, you will provide Business Unit Facing 2LOD Risk Advice, Oversight and Challenge for General Insurance, Life Insurance and Product Chapter businesses. You will assist the Head of Risk to manage dCRO plan updates in JIRA as well as both contribute to and coordinate risk insight reporting. You will also assist the Head of Risk when business disruption events occur.
You will lead oversight activities across Insurance businesses to meet policy requirements including risk & control assessments, key indicators assessment, emerging risks, business continuity management, data risk management, third party suppliers and outsourcing, scenario analysis, risk appetite settings and annual reviews of controls, issue & incident management, and root cause analysis. You will attend the key risk & governance forums as the lead 2LOD representative.
The role will also see you:
- being the lead 2LOD Risk partner for Insurance and Product Chapter businesses including managing relevant business relationships.
- drafting and coordinating with other risk classes, 2LOD reporting – internal and external.
- providing oversight of Issues and Incidents.
- participate in working groups and Steer-Cos relating to material business projects, incidents and change initiatives
- provide advice and oversight of key Risk policies
- escalate material matters to the Head of Risk.
What’s in it for me?
You’ll play a significant part of the future of a business that has been around for over 200 years. Our purpose is to create better futures together. So, we’ll back you in the development of your career, internal career prospects, and flexible working. You’ll also keep learning to grow your career, backed by a fantastic team of people with a can-do, supportive structure. Whatever shape your family takes, we offer generous paid and unpaid parental leave for your nominated primary and support carers. This includes leave to organise adoptions, surrogacy, and foster care arrangements. And we continue to pay your super contributions while you take all the time you need to get your new family settled.
What do I need?
To be successful in this role you will have 10-15 years of Operational Risk experience, with strong knowledge of frameworks and stakeholder management. You will have a strong understanding of Consumer and Business banking and have great report writing skills. Additionally, being proficient in Jira will be advantageous.
Other key attributes include:
- A self-starter who is confident challenging the status quo.
- Able to build strong, trusted relationships.
- A critical thinker.
- Excellent written and verbal communication skills.
What’s it like to work there?
We are a collaborative team of passionate people with a shared ambition to make a difference for our customers, our communities and each other. At Westpac, making a difference means creating impact, unlocking our own and each other’s passions, and transformative success stories to create better futures together.
As well as competitive remuneration and a great culture, joining the Westpac family gives you access to a wide range of employee benefits to help you manage your priorities - whether that means family life, work/life balance, ambition to grow or all the little perks in between.
We’ll empower you to shape your career path. Through personalised upskilling, mentoring, and training opportunities, you’re in control of where you start and how you’ll grow.
As an equal opportunity employer, we are proud to have created a culture and work environment that values diversity and flexibility – and champions inclusion.
Hear from some of our people and their experiences working with us.
How do I apply?
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At Westpac, we’re all about creating a supportive culture and ensuring our workplaces, branches, products, and services are accessible and inclusive for everyone—our customers, employees, and the wider community. If you’re interested in discussing workplace flexibility, please feel free to mention it in your application.
We invite candidates of all ages, genders, sexual orientation, cultural backgrounds, people with disability, neurodiverse individuals, veterans and reservists, and Indigenous Australians to apply . If you have questions about the recruitment process, please email talentacquisition@westpac.com.au .
Do you need reasonable adjustments during the recruitment process?
We can provide reasonable adjustments for individuals with disability and/or neurodiversity. If you require an adjustment to be made during the recruitment process at any stage, please email talentacquisition@westpac.com.au
