Risk Manager

At AustralianSuper, we truly care about our colleagues.​ We know work and life are intertwined. That’s why we support the diverse needs of everyone and have policies that enable us all to thrive and be truly flexible.  We ensure diversity is celebrated for the opportunity it provides us all to learn and grow and deliver better outcomes for members. We are dedicated to building a high-performance environment underpinned by a strong risk culture, ensuring we deliver the best outcomes for our members.

Your New Role 

The Risk Manager, reporting into the Head of Investment & Liquidity Risk, is a key member of Group Risk (Line 2) and interfaces with colleagues across the Fund.

This 8 month role will deliver independent (Line 2) investment risk reporting and insights for senior management and Board-level forums, providing a joined-up view of investment and non-investment risks arising from investment activities. They will synthesise risk information across asset classes and risk types, apply independent challenge to Line 1 reporting, and ensure reporting meets risk appetite, governance, and regulatory expectations. The Risk Manager will produce clear, practical materials and drive continuous improvement in reporting standards and processes in collaboration with Line 1, Group Risk, and other assurance teams. Significant utilisation of influence and collaboration skills is required. 

Key duties include but are not limited to:

• Support the Risk Type Custodian (RTC) in coordinating, drafting and submitting Fund-wide risk assessments for the Investments and Liquidity risk type(s), including consolidating inputs from Line 1 and other Line 2 stakeholders.

• Support the Domain Risk Officer (DRO) in reviewing and constructively challenging the Investments Domain Risk Profile, including assessment quality, key themes, emerging risks, interdependencies and risks approaching or outside appetite.

• Apply independent challenge to the quality, completeness, and clarity of investment and non-financial related risk reporting produced by Line 1 and other Line 2 teams.

• Support Line 2 policy ownership responsibilities relevant to Investments and Liquidity Risk (e.g., review cycles, stakeholder consultation, updates and governance artefacts), and contribute to the maintenance of standards, templates and minimum expectations.

• Represent, or support representation of, Group Risk (Line 2) at relevant Investments forums and committees, including preparing clear briefings, key messages and escalation points for the Head of Investments and Liquidity Risk.

• Contribute to Line 2 Investments Domain reporting for senior management and Board/committee forums by synthesizing key insights, ensuring content is clear, concise and decision-useful.

• Support continuous improvement of risk governance and oversight processes, including data quality, reporting/assurance processes and enabling systems (e.g. GRC tools).

• Ensure risk is managed in accordance with the Fund’s Risk Management Framework including risk identification and management, risk profiling, risk reporting and incident management.

What You’ll Need   

• Demonstrated 8–10 years’ experience, ideally within Financial Services or professional services environments. 

• Proven experience managing both investment and non‑financial risks. 

• Strong understanding of the superannuation industry and its regulatory obligations. 

• Hands‑on experience delivering risk management activities, including risk identification, risk assessments, control assurance, and Line 2 risk management oversight. 

• Excellent communication skills, with the ability to engage, influence and build effective relationships across a broad range of stakeholders. 

• Professional, collaborative and engaging approach to stakeholder management. 

• A continuous improvement mindset, with a focus on enhancing risk practices and outcomes. 

• Strong organisational and prioritisation skills, with the ability to manage competing demands effectively.

Life at AustralianSuper 

AustralianSuper is committed to colleague development, and we support our people with ongoing learning, coaching and training, as well as career opportunities across our expanding global organisation. We offer generous leave entitlements and promote a blended working environment in which all roles can flex, and we’re happy to discuss what this looks like for you. 

We cultivate a workplace that champions safety, respect, inclusiveness and diversity.  We are committed to supporting our diverse workforce in a way that is inclusive and embraces diversity in all its forms. If you require any reasonable adjustments to the recruitment process or the role, please let our recruitment team know. 

What’s Next 

Apply now, if you share our values of Energy, Integrity, Generosity of Spirit and Excellent Outcomes and would like the opportunity to work in a challenging, growing and rapidly evolving team to deliver outstanding results. 

AustralianSuper uses AI to review resumes and conduct initial phone interviews.  This involves processing your resume, cover letter, and voice recording in Australia and the USA to help assess your suitability for the applied role. When invited to an AI phone screening, you may opt for a traditional phone screening instead. For information on how we handle your personal data, please refer to our Candidate Privacy Policy.

https://www.australiansuper.com/careers/candidate-privacy-notice  

Australian or New Zealand citizenship or Australian permanent residency status is required.  

Agencies please note: this vacancy is being managed directly by AustralianSuper’s Talent Acquisition team.  We will contact our preferred agency partners should we require additional support. Thank you.