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Operational Risk Analyst


Job Description

  • Identify opportunities to improve and simplify risk management practice and how risk management adds value to the business
  • A 12 Month contract role

The Role

The Main purpose of this role is to enable, enhance and support the achievement of targeted level of Risk Maturity and the way Suncorp manages Compliance Risk.

You will also support Suncorp in building risk capabilities which enable simplification and improve the efficiency and productivity of the way risk is managed at Suncorp


  • Proactively work to advocate the desired risk culture and improving risk capability and maturity
  • Identify risks and issues to ensure we are providing our customers with a high quality, market leading experience
  • Provide Risk subject matter expertise to support business stakeholders in fulfilling the obligations as set out in the Enterprise Risk Management Framework
  • Support the analysis of risk performance and share insights to support the business in improving the identification and management of operational risks
  • Oversight activities and initiatives to ensure compliance with Suncorp Policies and Procedures, and broadly, with any other relevant laws and regulatory requirements
  • Support the oversight and analysis of incidents and business processes and where required make recommendations to strengthen the control environment
  • Support Operational Risk team with the execution of activities such as consolidation of Banking & Wealth Risk Profiles, preparation of the risk reports (e.g. Banking & Wealth Operational Risk Committee, Quarterly Risk Report)
  • Proactively identify opportunities to improve and simplify risk management practice and how risk management adds value to the business

What do you need to bring to the role?

  • A tertiary qualification in a business or related field is desirable
  • 3+ year experience banking risk management, or in relevant financial services role
  • 2+ year experience in a leading consulting company is desirable
  • Experience in managing stakeholder relationships at varying levels
  • Sound knowledge of Risk Management methodologies and practices, and their application
  • Working knowledge of the industry and market environment
  • Experience in assessing risk in business initiatives and activities (such as process changes and project delivery)
  • Work experience in Risk Profiling and Scenario Analysis
  • Technical experience with Risk Systems (e.g. Open Page) and Microsoft suit tools

What’s in it for you? 

  • The opportunity to work with a leader who genuinely supports career development and professional growth
  • An attractive employee benefits package across our Insurance, Banking & Superannuation products
  • Flexible working environment and arrangements; genuine focus on work-life balance
  • Paid parental leave of 16 weeks for the primary carer and 3 weeks for the secondary carer
  • Numerous discounts with our corporate partners (retail & shopping / travel & holiday / health & wellbeing)
  • We offer support and various programs for our people: (Employee Assistance Program (EAP), Health & Wellbeing, Study Support, Employee Referral Program, Facilities for nursing mothers, Company share options, Social club, Years of Service Recognition)

What you will love about working with us?

Working within the Suncorp Network we believe we are our best when our workforce is as diverse, talented and passionate as the communities in which we live and operate, and where our people feel included, valued and connected.  We are passionate about inspiring our people by creating an inclusive culture, offering flexible work, career development and internal mobility, and building connected relationships amongst our team members and with our customers. Joining Suncorp, you will be joining an organisation which cares and is proud of our achievements in being recognised for:

  • Money magazine’s Bank of the Year and Business Bank for the fourth consecutive year (2018-2021)
  • Creating our Peace of Mind Package which provides immediate financial relief for customers (2020)
  • Developing our Small Business COVID-19 Relief Package to support our Insurance customers (2020)
  • Member of the RE100 Global Corporate Renewable Energy Initiative (2020)
  • Named an Inclusive Employer by the Diversity Council of Australia (2019-2020)
  • Employer of Choice for Gender Equality for sixth consecutive year (2014-2019)

If this opportunity sounds like the challenge you have been looking for, please apply online today.