Project Risk Specialist - IT

• 12 Month Fixed Term Contract

• Hybrid work environment

• Do work that makes a difference

The Reserve Bank of Australia have an exciting opportunity for an experienced Project Risk Specialist to support technology led projects in the Bank, working directly with various Program teams to provide Risk Management support and technology risk expertise.

The Project Risk Specialist role is accountable for ensuring that the Banks Risk Management frameworks are adhered to by recognising, assessing, and tracking risks throughout their lifecycle through to BAU transition/handover in order to manage the risk to an acceptable level.

This position will sit in the Technology Project Risk team which supports the technology projects to meet their program objectives by embedding consistent risk in change practices and implementing the Bank's framework for managing risk and compliance obligations across the project life cycle.

About the role

• Recognising, Evaluating, and Tracking Risks: The PRS will work with the Program team to ensure that risks are identified from the outset and evaluated in a comprehensive manner. Their expertise allows them to delve into the complexities of potential risks that might not be immediately apparent. These risks will be tracked meticulously to prevent any surprises later in the project.

• Overseeing Mitigation Actions: PRS will not just assist in recognising risks, but also lead the development and implementation of mitigation strategies. This proactive approach will address risks before they escalate, minimizing potential disruptions and negative impacts.

• Fostering Collaboration: PRS will collaborate closely with project teams, ensuring that relevant stakeholders are engaged in the risk management process. This will include the participation of Business Risk Managers who possess specialized insights into specific risks and controls.

• Facilitating Routine Risk Workshops: PRS will conduct regular workshops to address emerging risks and ensure that the project team remains vigilant. These workshops will provide a platform for open discussions, enhancing risk awareness across the board

• Developing and Maintaining Risk Logs: This documentation ensures that risks are not only identified but are also tracked and managed effectively.

• Monthly Status Reporting and Steering Committee (SteerCo) Reporting: PRS will assist the program team in the creation of regular status reports that highlight the current state of delivery risks, ongoing mitigation efforts, and any changes in risk assessments.

About you

• Advanced knowledge of technology risk with strong experience in application and data migrations is highly desirable

• Experience in project risk management (Risk in Change) is highly desirable

• Experience in managing both delivery and delivered risk in projects is highly desirable

• A background in computer and/or data science is beneficial

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

• Demonstrated ability to produce insightful risk reports which generate improvements and drive change

• 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 in business management or risk management will be highly regarded

• Certifications relevant to technology risk (CRISC, CISA etc) will be highly regarded.

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?

Through the pursuit of national economic policy objectives and associated activities in financial markets and banking, the RBA makes an important contribution to the Australian economy. 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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