Project Risk Manager

• Work closely with the Project Director (Business) and the broader POP ELT to effectively identify and manage risk which might impact the success of the project.

• The role will work closely with the broader POP management team, an external professional services firm and relevant staff in RM, EPMO and Audit.

• Reporting to the Project Director (Business), you will also enjoy working and collaborating with multiple high performing teams committed to team goals and deliverables

• Max-term contract until end June 2027

About the business/role/team

This is a unique opportunity for you to join the Reserve Bank’s Payments Operations Program, which is leading the Bank's work to strengthen its operation of RITS, Australia's real-time gross settlement system, and other critical national payments infrastructure. These payments systems move around $300 billion dollars between financial institutions each day and ultimately settle all non-cash payments in Australia. They are essential for supporting the day-to-day business of the Australian economy.

You will be part of the central project office in the Payments Operations Program, working closely with the Project Director (Business) and the broader POP ELT to effectively identify and manage risk which might impact the success of the project.

The Payments Operations Program is a large, business led program which is working to: uplift the operating model and resourcing for the RITS ecosystem; strengthen shared services processes and IT controls that support RITS and related systems; and improve knowledge management processes and systems and related training programs for staff supporting RITS.

About the role

• Support the identification and effective management of risk throughout the project lifecycle, be responsible for providing specialised advice on matters of risk and verification to assist stakeholders with the appropriate identification, documentation, logging, monitoring/tracking, and reporting of delivery and delivered risks, in line with the procedures described in the RBA’s Risk and Compliance Management Framework.

• Work with the Project Management Office to ensure all relevant risks and mitigation actions for delivery and delivered risks are included in Steering Committee and other status reports, ensuring comprehensive and accurate risk communication by producing forward looking, timely risk reporting, and standardising risk documentation processes.

• Support POP's executive leadership in fostering a risk conscious atmosphere among project teams, motivating individuals to embrace a constructive and forward-thinking approach to risk management.

• Facilitate workshops to identify risks and contribute to a culture of risk awareness and proactive management, manage risk registers, oversee mitigation actions and periodic reviews with the project managers.

About you

• Advanced knowledge of business risk and experience developing and implementing risk management plan and procedures on a large-scale project.

• Extensive experience in the management of project risks and reporting, 5 years +

• Ability to work with senior stakeholders to enhance risk capability within the organisation

• Demonstrated ability to produce visual and insightful risk reports for effective decision making and management oversight

• Experience of operating within a three lines of accountability model to support effective challenge and transparency

• Proven experience building and maintaining stakeholder relationships at a senior level

• Relevant tertiary qualifications into business and/ or technology risk

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 drive 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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