Head of Balance Sheet & Market Risk

Closing date: 30 August

We’ve never been ‘just a bank’. Just like you should never be ‘just an employee’. We’re united in our belief that in banking, better can be bigger, and together we’re making it happen.

Are you ready to step up in your career?

We are seeking an exceptional individual to step into the Head of Balance Sheet and Market Risk position, a senior leadership role that demands gravitas, strategic authority, and a proven ability to shape the future of financial risk management.

This is a unique opportunity to join a bank with a clear strategy to become Australia's most innovative bank, driven by values of make a difference, find the right way, own it, and better together.

Your Impact and Authority: As the Head of Balance Sheet and Market Risk, you will be a senior leader within the Credit & Market Risk team, holding day-to-day oversight of Line 1 risk management activities in Group Treasury and Financial Markets. This role is designed for someone who can provide independent advice and recommendations relating to the Bank’s capital, funding, liquidity, and market risk exposures, ensuring risks are effectively managed according to policy limits and the Group’s Risk Appetite Statement. You will be instrumental in:

• Providing the Board and Senior Management with relevant and timely information in relation to exposures and their management and control.
• Acting as the capital, funding, liquidity, and market risk lead, supporting the Chief Credit & Market Risk Officer in active collaboration with key stakeholders including Group Treasury and Group Risk to meet regulatory requirements.
• Delivering leadership and technical advice to improve the capital, liquidity, and market risk frameworks.
• Providing independent review and challenge of Group Treasury’s management of capital, funding, liquidity, and market risks, as well as the Bank’s funds transfer pricing (FTP) framework.
• Assisting senior Finance, Treasury and Risk leaders to adequately define, quantify and manage exposure to capital, liquidity and market risks.
• Assessing, evaluating, and advising on the implications of new and emerging conditions and regulation on the bank’s exposure.

We are looking for a leader who demonstrates profound knowledge, strategic influence, and exceptional people capabilities.

• Proven ability to manage diverse stakeholders and exert influence to appropriately challenge 1st Line teams.
• Ability to lead, manage and develop people, fostering technical development of peers and subordinates through active knowledge sharing, coaching, and mentoring.
• Industry experience as a market risk practitioner and oversight of either traded or non-traded market risk disciplines, coupled with a sound understanding of Banking Treasury & Financial Markets environments.
• Strong understanding of ADI and AFSL obligations, OTC derivatives regulation, transaction reporting requirements, and associated market conduct frameworks.
• A Bachelor’s degree in a related risk management discipline is required, with a Higher Degree preferred.
• AFMA Accreditation or willingness to achieve one, with other industry qualifications highly regarded.
• Advanced capabilities across a spectrum of crucial areas, including Stengthen Relationships, Drive Results, Apply Business Acumen, Communication, and Considered Decision-Making , ensuring you can build trust, achieve goals, and effectively convey complex information.

This is a permanent full-time position. We offer flexible work options that put our people first, and a hybrid model of minimum two days per week based out of our Melbourne, Adelaide, Bendigo, or Sydney corporate office.

This role offers the opportunity to make a tangible impact, contribute to a culture you can be proud of, and help us reach new heights. If you are a leader with the authority to drive change and the gravitas to inspire confidence across all levels of the organisation, we invite you to apply.

Want to be more than just a number? Join a team that truly values you and the diverse contribution you make, every day.

You’ll also get access to a great range of benefits, including:

• Flexibility means different things for different people. Whether it’s hybrid work, flexible hours, a compressed work week, job-sharing or something different, our flexible work options are designed to put people first
• Health and wellbeing support, including discounted gym memberships, private health insurance options, and our Employee Assistance Program (EAP) for you and your immediate family members
• Opportunities to take your learning to the next level through our corporate university ‘BEN U’ or at an external provider of your choice

We believe a diverse workforce supported by an inclusive culture is central to our success and we actively encourage applications from those who bring diversity of thought to our business. We support candidate requests for adjustment to accommodate an illness, injury, or disability to equitably participate in the selection process.

Research suggests 60% of women and underrepresented groups might stop here, even after getting as far as drafting an application. We believe that diversity makes every team stronger, so even if you don’t tick every box we still want to see your application!

Now’s the time to set your sights even higher – on the future you and the future career you deserve.