Sourced directly from Westpac Group's own careers page
Executive Manager/ Senior Manager, Operational Risk, UK & Europe
Westpac Group
London, England, United Kingdom
Thinking of applying? Check your CV against this job first.
See your match score, your strongest skills for this role, and what's missing — before you spend time on an application.
Your real match score
Free CareerPilot account · Takes about 2 minutes
Executive Manager / Senior Manager, Operational Risk, UK & Europe
Location: London
About Westpac
Westpac is Australia's oldest bank and one of the country's largest financial
institutions. Through Westpac Institutional Bank, we provide specialist banking,
markets and treasury solutions to corporate, institutional and government
clients globally.
Our London office is a key international hub, working closely with colleagues
across offices in Sydney, London, New York and Frankfurt. As our business
continues to evolve, we remain focused on maintaining a strong risk culture and
control environment that supports sustainable growth and delivers positive
outcomes for our customers and stakeholders.
How will I help?
This is a senior Operational Risk role within our UK & Europe Risk team,
providing independent oversight, insight and challenge across a broad range of
banking, financial markets and treasury activities.
Reporting to the Head of Risk, UK & Europe, you will partner closely with
business leaders, risk specialists and control functions to ensure operational
risks are effectively identified, assessed and managed. You'll play a key role
in supporting strategic initiatives, strengthening operational resilience,
overseeing business change and helping the business navigate an evolving risk
and regulatory landscape.
The successful candidate may be appointed at either Executive Manager or Senior
Manager level, depending on experience and capability.
Key Accountabilities
• Provide independent second line oversight of operational risk management
practices across the UK & Europe business.
• Partner with senior stakeholders to provide risk advice, insight and
challenge that supports effective decision making and delivery of business
objectives.
• Assess and challenge the effectiveness of the operational risk and control
environment, ensuring risks are managed within appetite.
• Lead thematic reviews, deep dive assessments and risk analysis across key
operational risk areas.
• Provide risk insights and reporting to senior management and governance
forums, including emerging risks, control weaknesses and remediation
activities.
• Oversee and challenge operational resilience capabilities, including business
continuity planning, critical services and scenario testing.
• Provide oversight and challenge of third party and outsourcing risk
management practices.
• Support major business and technology initiatives, ensuring risks arising
from change are appropriately identified and managed.
• Monitor industry developments, regulatory trends and external events,
translating these into meaningful insights and recommendations.
• Promote a strong risk culture through effective engagement, challenge and
continuous improvement.
What's in it for me?
You'll join a highly visible and influential risk team supporting Westpac's
international banking business. This role offers exposure to senior
stakeholders, complex business activities and strategic initiatives across
multiple jurisdictions.
You'll have the opportunity to influence decision making, contribute to
important risk and resilience outcomes, and help shape the ongoing evolution of
risk management practices across the region.
Westpac offers a comprehensive range of wellbeing, lifestyle and financial
benefits, together with opportunities for professional development and
international collaboration.
What we're looking for
• Significant experience in Operational Risk, Non-Financial Risk, Risk
Advisory, Compliance, Controls or related risk management roles within
financial services.
• Experience operating at Senior Manager, Director, Executive Director or
equivalent level within a banking or regulated financial services
environment.
• Strong understanding of operational risk frameworks, governance, controls and
regulatory expectations.
• Experience within Corporate & Institutional Banking, Treasury, Financial
Markets or broader banking businesses is highly regarded.
• Demonstrated ability to provide credible challenge and influence senior
stakeholders.
• Experience supporting business transformation, strategic projects or
significant change initiatives from a risk perspective.
• Strong understanding of operational resilience, third party risk management
and control effectiveness.
• Excellent stakeholder management, communication and analytical skills.
• A commercial and pragmatic approach to risk management, with the ability to
balance risk and business objectives.
• Proven ability to operate effectively in a complex and regulated environment.
How to apply
If you're looking for an opportunity to play a key role in shaping operational
risk outcomes across a global Institutional Banking business, we'd encourage you
to apply.
Click Apply to submit your application.