Job Title

Head of Operational Risk & Compliance, Finance & Investment OperationsHead of Operational Risk & Compliance, Finance & Investment OperationsSupporting millions of Aussies since 1988 with low fees and competitive long-term performance. Profits back to members, not shareholdersClosing date: 25th July 2025Please note Rest does not accept speculative resumes from recruitment agenciesRest will review applications prior to the closing date and may close the role earlierJob DescriptionJoin our Finance & Investment Operations leadership teamSenior role in Line 1Sydney or MelbourneEstablished in 1988, Rest is one of Australias largest profit-to-member superannuation funds.We support nearly two million members, with around $86 billion of funds under management and are recognised as a responsible investment leader*. We believe when members understand and engage with their super, theyre more likely to get a better retirement outcome.Everything we do at Rest is underpinned by our values and behaviours, we want to Be Daring, Keep it Simple, Take Action and Have Grit. To put it simply we want our people to thrive and love the work they do.Your role will be to lead our first line risk function for the Finance and Investment Operations Division, developing, implementing, maintaining and monitoring the Rest Risk Management Framework in relation to the operations of the Division. You will identify and monitor business risks and work with the business teams to ensure that those risks are appropriately mitigated. You will also monitor the Divisions compliance with its legal and regulatory obligations and industry standards, demonstrating and embodying a sound risk culture.Provide strategic process and thought leadership on proactive risk management strategiesLead the oversight and optimisation of operational compliance.Develop and maintain mechanisms to identify, monitor and report on material risks of the Finance and Investment Operations functionDevelop, prepare and co-ordinate (as appropriate) regular risk and compliance reporting to support delivery of business outcomesPromote risk culture across the Finance and Investment Operations Division and promote its continuous improvement.Ensure a sound control environment is maintained as part of the day-to-day business activities.Ensure a comprehensive and strategic approach to the Divisions operational risk management frameworkWork with the Finance and Investment Operations business teams, to support the identification of risks and the design and implementation of mitigating controls.Perform control self-assessmentWork with the Finance and Investment Operations business teams, to undertake activities to ensure policies and procedures are appropriately embedded into business operations.Ensure regulatory change initiatives within the Finance and Investment Operations Division are appropriately implemented, monitored and reported.Proactively manage and support Finance and Investment Operations divisional teams to ensure required remedial actions arising from incidents and breaches are completedComplete end to end processing of all raised incidentsSupport the governance of projects and change initiatives and management of risks arising from these activities within the Finance and Investment Operations division.Lead the identification, documentation, and ongoing maintenance of legislative and regulatory obligations applicable to the Finance and Investment Operations team and ensure business process and controls are implemented to support compliance.Work with the Finance and Investment Operations teams, to ensure that appropriate arrangements are in place to govern and monitor material outsourced service providers.In collaboration with business teams, improve the operational resilience of Finance and Investment Operations business unit processesMeaningfully contribute as part of the leadership team of the function.Lead the First Line of Defence Risk/Incidents Forum.Lead the Finance and Investment Operations business continuity and disaster recovery readiness.Supporting the CFO with FAR reasonable stepsQualificationsTertiary qualification in accounting, law, economics, business or equivalent(desirable) Membership of a professional body such as the Risk Management Institute of Australia or the GRC InstituteSenior experience in risk and compliance management in the financial services industry (ideally superannuation and/or investment management)Thorough understanding and experience of developing, implementing and reporting on risk and compliance management; tools, techniques and leading practice methodologiesExperience with Finance, Investment and Superannuation operationsDemonstrated commercial approach to risk managementExperience presenting to Boards or Board sub-committeesAdditional InformationOur benefits have been designed so you can tailor your experience with us and include:Personal and professional development opportunitiesPurchase leave scheme and gender neutral 16 weeks paid parental leaveSuper Contribution Continuation for 12 Months of parental leaveIncome Protection InsuranceRest Excellence awards (peer recognition awards based on Rests values and behaviours)If you share our values, believe you can help make a difference for our members and want to be part of a leading superannuation fund with a Super culture, please click Apply Now.Rest is committed to creating a flexible work environment and culture that embraces diversity, equity, and inclusion - where people feel welcome, safe to be themselves and inspired to do their best.We value the different backgrounds, lived experiences and abilities our diverse team brings. We welcome and encourage applications from candidates of all ages, cultural backgrounds, faiths, gender identities, sexual orientations and thinking styles. This includes people with disability, neurodiverse individuals, Aboriginal & Torres Strait Islander peoples and those with disrupted work history due to career or other breaks.Please note only people with the right to work in Australia will be considered.*Funds under management as at 30 June 2024. Rest is recognised as a Responsible Investment Leader by the Responsible Investment Association Australia (RIAA) in its Responsible Investment Benchmark Report 2022.Seniority levelSeniority levelMid-Senior levelEmployment typeEmployment typeFull-timeJob functionJob functionOtherReferrals increase your chances of interviewing at Rest by 2xGet notified about new Head of Operational Risk jobs in Sydney, New South Wales, Australia.Sydney, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 8 hours agoHead of Financial Risk (Credit, Market & Liquidity)Sydney, New South Wales, Australia 5 days agoSydney, New South Wales, Australia 2 days agoHead of Risk & Analytics - Pacific RegionSydney, New South Wales, Australia 2 weeks agoHead of Risk and Controls (Bangkok based, relocation support provided)Sydney, New South Wales, Australia 6 days agoSydney, New South Wales, Australia 3 weeks agoDirector Strategy, Governance, Risk and DataAssociate Director | Operational Risk - Equity Derivatives TradingAssociate Director, Non-Financial Risk Central, Data and TechnologyNorth Sydney, New South Wales, Australia 1 day agoSydney, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 6 days agoSenior Manager Regulatory Compliance Advisory (Corporate and Institutional Banking)Sydney, New South Wales, Australia 3 days agoManager, Operational Risk and Compliance (Investments)Sydney, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 1 day agoSydney, New South Wales, Australia 3 weeks agoSydney, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 3 weeks agoAssociate Director AML/CTF and Fraud Risk AdvisorySydney, New South Wales, Australia 3 days agoSydney, New South Wales, Australia 2 weeks agoAssociate Director, Technology Risk & ResilienceAPAC Technology Risk Consulting Lead - Associate DirectorSydney, New South Wales, Australia 5 days agoParramatta, New South Wales, Australia 8 hours agoSydney, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia A$120,303.00-A$135,701.00 2 weeks agoMillers Point, New South Wales, Australia A$120,303.00-A$135,701.00 2 weeks agoSenior Analyst - Operational Risk Management & Process and Control ImprovementSydney, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 20 hours agoCyber Security Analyst & Senior Network EngineerSydney, New South Wales, Australia 2 weeks agoWere unlocking community knowledge in a new way. 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