Job Title

The purpose of this role is to measure Westpacs existing and emerging operational risks.The role holder will support compliance with Prudential Standards APS 115 Capital:Standardised Measurement Approach to Operational Risk, Prudential Standard CPS 230 Operational Risk Management, Prudential Standard APS 330 Pillar 3 disclosures, ensuring leading practice is defined and implemented consistently across the Group in line with regulatory requirements and Board expectations, and work with other Risk teams to ensure that the Group''s operational risk measurement activities are appropriately executed.Key Accountabilities include:Support the Groups approach to Operational Risk Measurement (ORM), ensuring leading practice is defined and implemented consistently across the Group in line with regulatory requirements and Board expectations.Support the Executive Manager Operational Risk Measurement to perform day to day tasks and analysis required to support the ORM teams broader objectives.Inform the assessment of existing and emerging operational risks, using historic loss analysis and forward-looking scenario analysis.Manage and uplift Groups Internal Loss Data (ILD) reconciliation process ensuring General Ledger and JUNO are in synch with the financial impact of the losses.Manage submission of ILD data to the third party ORX (Operational risk exchange) based on the submission procedures agreed with ORX.Be responsible for downloading, maintaining External Loss Data (ELD) received from ORX.Perform data analytics and insights-based reporting on ILD and ELD data to create a loss data experience analysis story and inform ORM leadership and divisional stakeholders about the emerging trends and the So What of the data.What do I need?A relevant undergraduate degree from a recognised university is desirable3+ years experience in data analysis or quantitative modelling is a must.Experience working in financial services.Strong stakeholder management and engagementHigh level of use with data tools such as Power BI, Tableau, Alteryx, SQLDemonstrable experience leading changeKnowledge of risk management disciplinesKnowledge and experience in risk measurement or capital management preferredAs an equal opportunity employer, we are proud to have created a culture and work environment that values diversity and flexibility and champions inclusion.We invite candidates of all ages, genders, sexual orientation, cultural backgrounds, people with disability, neurodiverse individuals, veterans and reservists, and Indigenous Australians to apply. #J-18808-Ljbffr