Senior Manager - Project Risk

• Key leadership role within the Line 2 Business Oversight team

• Drive impactful risk management practices

• Fixed Term Contract - 1 Year

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The Senior Manager, Project Risk plays a critical role in strengthening the RBA’s Line 2 oversight of project and program delivery and delivered risk. This role is responsible for establishing and embedding robust frameworks and practices to manage both delivery risks (risks to achieving project objectives) and delivered risks (risks introduced by the outcomes of change). The role provides independent oversight, review, and challenge of project risk management across the Bank’s transformation and change portfolio.

Your background and experience from a similar role will allow you to effectively deal with complex issues and a range of stakeholders, including those at senior level.

Managing a small team, and drawing on your technical expertise, you will also support the Enterprise Programme Management Office (EPMO), transformation sponsors and delivery teams to realise target change outcomes / benefits within risk appetite / tolerance.  As necessary, you will complement your team with risk SMEs to enable insight, review and challenge across prioritised change initiatives.   

Responsibilities

• Support the Chief Risk Officer and EPMO to progressively uplift the Bank’s delivery and delivered risk management practices.

• Influence the RBA’s executive team to own and mature the management of delivery and delivered risk management.

• Monitor and report on the effectiveness of the “risk in change” frameworks, standards and tools and Line 1 / departmental adherence to the framework.

Experience

• Proven experience designing and driving the implementation of a “risk in change” framework with clear delineation of accountability and responsibility between the EPMO, L1 (the departments and supporting dedicated risk SMEs), L2 (the Chief Risk Officer [CRO] team) and Audit

• Preparation of an integrated assurance plan across the transformation / change portfolio in consultation with the EPMO, L1 (the departments and supporting dedicated risk SMEs) and L3 (Audit).

• Proven experience designing and implementing a Line 2 delivery and delivered risk oversight methodology, supporting tools and templates.

• Proven ability driving innovation in “risk in change” processes and tools, leveraging the latest industry trends and technologies.

• Proven experience influencing executives and department leaders to invest in and lead the maturing of delivery and delivered risk management practices.

• Demonstrable ability to develop strategic and trusted relationships fundamental to the provision of insight, review and challenge.

• Demonstrated experienced as a subject matter expert in “risk in change”, supporting the learning and development of business stakeholders.

• Proven experience establishing and maintaining dedicated capability and capacity to provide effective line 2 review, challenge and insight across a transformation / change portfolio.

• Produce high quality reports with evaluations on delivery and delivered risk management including practical suggestions to remedy weaknesses and for operational improvements with recommendations that consider costs and benefits and risk appetite.

• Develop and rollout “risk in change” training.

• Experienced people leader, driving quality outcomes and continuous improvement.

• Qualifications: Relevant tertiary qualifications in economics, finance, risk, compliance or related discipline, or equivalent experience.

Your team

Reporting to the Deputy Head Business Oversight within the CRO team (Line 2) you will play a lead role in establishing effective line 2 review, challenge and insight across one of the Bank’s material risk classes.

The establishment of strategic and trusted relationships across the Bank is fundamental to the Team’s success.  The CRO team supports the consistent and effective application of the Bank's framework for managing risk and compliance obligations, both at the enterprise level and for individual business units across the Bank.  It also advises on and implements the risk management framework governing the Bank’s operations in financial markets.

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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