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Senior Manager, Risk Insurance

Westpac Group

Job Description

Job Description

How will I help?

As a Senior Risk and Compliance Manager in the Insurance Line 2 Risk team , you will be responsible for providing practical risk and compliance advice, oversight and insights to the Life Insurance business of Westpac.

This role is 12 months fixed term contract.

Your responsibilities will include but are not limited to:
  • Provide risk and compliance advisory support to the Life Insurance business through conducting compliance assessments of incidents in a timely manner and escalate potentially reportable breaches in accordance with Westpac’s regulatory requirements and policies.
  • Be a Trusted Advisor to the Life Insurance business supporting the strategic, product and regulatory change projects undertaken by the Life Insurance business to ensure the key risks and compliance obligations are identified and mitigated with effective controls.
  • Play a leading role in identifying controls gaps or weaknesses and evaluating controls proposed by the business to manage their key risks and meet compliance obligations.
  • Provide risk and compliance observations and relevant data inputs to assist with the drafting of key memos and reports to relevant Group stakeholders, providing key insights. Maintain a detailed understanding of the Life Insurance business’ specific risk and compliance issues; support identification, escalation and remediation of significant issues.
What is in it for me?

You will play an important and significant part in the future of a business that has been around for 200 years. Our vision is to become one of the world’s great service companies. So, we will back you in the development of your career, with internal career prospects and flexible working. You will also be backed by a fantastic team of people in a can-do, supportive structure.

What do I need?

A successful candidate will bring 7 plus years risk management, compliance or regulatory experience coming from the Banking or Financial Services (ideally insurance) industry. You will have proven experience collaborating and influencing with divisional leaders and senior business stakeholders with prioritisation. You will have a strong knowledge of regulatory frameworks and impacting the banking and financial services industry demonstrating management of implications and focusing on delivering outcomes. Competency with reporting writing and presentation of information, you will enjoy partnering with stakeholders as you strive to continually improve process.

What is it like to work there?

As well as good pay and a great culture, joining the Westpac family means you will get some of the best banking, wealth, and insurance benefits in the market. We back our employees by helping them work towards industry-recognised qualifications, using online learning, training modules and career planning tools for you to grow with us. We will even pay you to do volunteer or community work. As an equal opportunity employer, we are proud to have created a culture and work environment that values diversity and flexibility – and champions inclusion.

How do I Apply?

Start here. Just click on the APPLY button.

As part of our commitment to creating a diverse and inclusive workplace, this role is open to experienced candidates seeking a discussion around workplace flexibility. We invite candidates of all ages, people with a disability and Indigenous Australians to apply.

The health and wellbeing of our employees is our top priority. We have developed clear standards to ensure our people are confident, safe and healthy whether they are working from a Westpac Group site or working from home. These are based on expert medical advice and Safe Work Australia guidelines.