OPERATIONAL RISK MANAGER

Victorian Managed Insurance Authority (VMIA)

Work type: Full Time, Ongoing

Salary: $172,786–$191,985 total remuneration package, inclusive of superannuation.

ABOUT THE ROLE

As VMIA's Operational Risk Manager, you'll be a key member of the Enterprise Risk Division. You'll support the Chief Risk Officer and lead Line 2 operational risk activities across the organisation.

Acting as a trusted adviser and business partner, you'll provide independent oversight and constructive challenge to Line 1. You'll also help build organisational capability to identify, assess and manage operational risks, controls and treatment plans.

This role offers hybrid working arrangements, with the majority of the working week spent in VMIA's collaborative office environment.

KEY RESPONSIBILITIES

• Lead VMIA's Line 2 operational risk program, including risk reviews, control assessments, reporting and capability-building activities.

• Establish and implement the Operational Risk Maturity Model and Accountability Framework Risk Champion Model.

• Coordinate quarterly operational risk identification, assessment and reporting across Line 1.

• Develop VMIA's operational risk profile and support the integration of risk appetite into business decisions.

• Monitor operational risks, controls and treatments through VMIA's risk management system.

• Assess incidents and oversee post-incident reviews of operational risks and controls.

• Deliver workshops and guidance to strengthen Line 1 risk management capability.

• Support executive and Board Committee reporting, internal audit actions and enterprise risk initiatives.

• Support VMIA's business continuity, crisis and incident management frameworks, including testing and improvement activities.

• Promote a culture of accountability, transparency and proactive risk management.

WHO YOU WORK WITH

You'll work closely with the Chief Risk Officer and Enterprise Risk team. You'll partner with executives, senior leaders, people leaders, technical specialists, and Line 1 risk and control owners across all VMIA divisions. You'll also support reporting and engagement with the Board and relevant VMIA committees.

WHAT WE ARE LOOKING FOR

• Eight to ten years' experience in a senior Line 1 or Line 2 operational risk management, control management or related role.

• Strong knowledge of operational risk frameworks, risk appetite, controls, treatments and assurance practices.

• Experience leading operational risk workshops, reviews and capability-building sessions.

• Strong leadership and relationship-management skills, with the confidence to advise and constructively challenge executives and senior leaders.

• Highly developed presentation, facilitation and written communication skills.

• Strong PowerPoint skills and experience preparing executive presentations, briefs and committee papers.

• Strong analytical and project management skills, with the ability to identify insights and deliver agreed outcomes.

• Ability to manage competing priorities and clearly communicate progress and outcomes.

• Experience in incident management, business continuity management or internal audit is highly desirable.

• Experience in an APRA-regulated organisation or a major public-sector organisation is highly desirable.

QUALIFICATIONS

Accreditation in risk management from a recognised professional body, a relevant tertiary qualification, or another relevant business or audit qualification.

WHY JOIN VMIA?

At VMIA, we believe diversity drives innovation. We are committed to creating an inclusive workplace where everyone feels valued and empowered to contribute.

Benefits include:

• Hybrid working arrangements.

• Sixteen weeks of paid parental leave for primary carers and four weeks for secondary carers after six months of service.

• An annual learning and development investment of $2,500, plus in-house training and LinkedIn Learning.

• Wellness sessions, Employee Assistance Program and ergonomic support.

• An iconic office location, volunteer leave and life-stage support.

VMIA welcomes applications from people of all backgrounds, including Aboriginal and Torres Strait Islander peoples, people with disabilities, culturally diverse communities, people of all gender identities and members of the LGBTQIA+ community.

HOW TO APPLY

Please submit your CV and cover letter outlining your suitability for the role and why you would like to join VMIA.

For questions about the role, application process or accessibility requirements, contact talentacquisition@vmia.vic.gov.au.

SALARY INFORMATION

New employees typically commence at the minimum of the salary range. A higher starting salary may be considered for candidates with extensive relevant experience or unique skills and capabilities required for the role.

OTHER RELEVANT INFORMATION

Preferred candidates will be required to complete relevant pre-employment screening. This may include verification of working rights, employment history and academic qualifications, as well as a National Criminal History Check and pre-employment misconduct check. Financial background checks may apply to designated roles.

Employees are expected to spend the majority of their working week in the office. Interstate candidates must be willing to relocate to Victoria.