Lead Analyst - Operational Risk & Resilience

• Hybrid work environment

• Full-time/Permanent

• Play an important part shaping the future of our iconic Australian institution

About the role

We are seeking a Lead Analyst, Operational Risk and Resilience to join the Business Risk Oversight team within Risk Management. This is a Line 2 role supporting the uplift of the Bank’s operational risk and resilience practices. This role is ideal for someone who is eager to learn, contribute to meaningful work, and grow within a high-performing team.

You will work closely with departments across the Bank to strengthen operational risk management, provide independent oversight and assist with risk assessments, reporting, control reviews, and stakeholder coordination. You will also contribute to the development of frameworks and tools that support continuity of operations and effective third-party risk management
Key Responsibilities

• Support the development and implementation of the Bank’s operational risk and resilience frameworks.

• Provide Line 2 oversight of risk and control assessments, including business continuity, incident response, and third-party risk.

• Support the preparation of risk reports, dashboards, and governance materials.

• Maintain and update risk registers, control libraries, and action plans.

• Help coordinate responses to internal audits, regulatory reviews, and assurance activities.

• Monitor key risk indicators (KRIs) and emerging risk trends.

• Collaborate with Line 1 stakeholders to embed operational risk management.

• Contribute to continuous improvement of risk processes, templates, and tools.

About you

• 7+ years’ experience in operational risk, business continuity or a related discipline, ideally within financial services or a regulatory environment.

• Strong understanding of risk management frameworks (e.g. ISO 31000) and regulatory expectations (e.g. CPS 220, CPS 234, CPS 230).

• Experience working in or with large, complex organisations undergoing risk transformation is advantageous.

• Strong analytical and problem-solving skills, with the ability to translate risks into business impacts.

• Excellent communication and stakeholder engagement skills, with the ability to influence and collaborate across functions.

• Familiarity with GRC tools and risk reporting platforms is advantageous.

• Relevant tertiary qualifications in risk, finance, economics, compliance, or a related discipline

About the team

Reporting to the Senior Manager, Operational Risk and Resilience within the Risk Management and Compliance team (Line 2), you will play a leading role in establishing effective Line 2 review, challenge, and insight across the Bank’s material risk classes. Establishing strategic and trusted relationships across the Bank is fundamental to the team’s success.

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.

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