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Operational Risk Specialist

legalsuper
10 Aug 2025Melbourne, Victoria, 3001Full Time80.000 - 100.000Healthcare & Nursing
Join Our Team as an Operational Risk Specialist! legalsuper is a boutique industry superannuation fund, focused on the legal community. We have a very engaged membership, and we are committed to the delivery of high quality, personalised services to both members and employers. We are looking for an experienced and dynamic Operational Risk Specialist to join our Business Enablement (Operations) team. The Operational Risk Specialist will be responsible for assisting Line 1 Business and Operations in identifying, assessing, and mitigating operational risks. Position key accountabilities: Support Line 1 Business and Operations teams in identifying and assessing operational risks across processes, systems, personnel, and third-party service providers. Assist in the development and implementation of risk mitigation strategies for identified risks. Conduct control design and operating effectiveness assessments and recommend remediation actions for any control deficiencies. Continuously monitor risk exposures, considering control health, outstanding issues, and incidents. Assist in maintaining accurate and up-to-date risk, control, incident and issue documentation within the GRC system. Support the investigation and management of operational risk incidents, near misses and issues, ensuring root causes are identified and remediation actions are tracked to completion. Prepare Line 1 Risk Reports that provide insights into the operational risk landscape and control environment across business processes (including critical operations) and material service providers, in alignment with CPS 230 requirements. Assist in the development, implementation, and maintenance of risk management policies, procedures, and frameworks. Support business continuity management activities, including Business Impact Analysis (BIA), tolerance level setting and review, BCP uplift initiatives, and scenario testing. Assist in managing risks associated with changes to processes, personnel, and third-party arrangements. Stakeholder communication Deliver training sessions and workshops to enhance operational risk awareness and capability across the business. Collaborate closely with Line 2 Risk teams to ensure a consistent and integrated approach to risk management. Assist in internal and external audit reviews in the Operational Risk space. Required qualifications, skills & experience: We'd love to hear from you if you have the following: Proven experience in operational risk management, preferably within financial services or regulated industries. Strong understanding of APRA Prudential Standards, particularly SPS 220, CPS 230. Experience in conducting risk profiling and scenario analysis for operational risks. Experience with GRC systems and risk reporting tools. Experience in business continuity uplift or BCP review. Experience in third-party risk management practice. Exposure to CPS 234 program of work What we offer our team: We recognise that our most important asset is our people. We offer benefits and programs that support in a range of different ways: Opportunity to have impact and grow Friendly, knowledgeable and supportive team culture with strong values that embrace diversity of background and experience Encourage further personal and professional development to set you up for success and to continue your career path A range of leave offerings, health initiatives including a wellbeing subsidy and much more. Ready to make a difference? If you’re passionate about identifying, assessing, and mitigating operational risks, and motivated to help deliver the best outcomes for our members, we’d love to hear from you — apply now! Seniority level Seniority level Not Applicable Employment type Employment type Full-time Job function Job function Other Referrals increase your chances of interviewing at legalsuper by 2x Get notified about new Operational Risk Specialist jobs in Melbourne, Victoria, Australia . 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Date10 Aug 2025

Location Melbourne, Victoria, 3001

type Full Time

Salary 80.000 - 100.000

Healthcare & Nursing

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