Financial Risk Manager

Job Description

We are seeking a capable and enthusiastic Financial Risk Manager to join our team in Australia. The Financial Risk Manager will report directly to the country CRO, providing support and second line financial risk management advice and oversight of the risk identification, assessment and mitigation effort to safeguard the stability and integrity of the organisation’s operation in the AU/NZ (Pacific) region. The Financial Risk Manager will also contribute to other risk projects for the APAC region, such as supporting the development of enterprise risk and broader regional financial risk initiatives.

Please note that this is a full time role based in Sydney.

Your Mission

• Be a critical partner to the Pacific CRO in supporting the delivery of the Pacific risk management strategy.
• Conduct regular financial risk assessments and stress tests to identify and evaluate risks specific to the Pacific and broader APAC region.
• Prepare ICAAP report for Wise Australia, and oversee the development and implementation, including annual review, of the local Capital Management Plan, Liquidity Management Policy, Business Plan, and Exit Plan.
• Provide timely and accurate financial risk reports and updates to senior management and the board of directors, highlighting key risk exposures, trends, and emerging risks in the Pacific region.
• Work closely with product teams to review the control environment related to product changes, new products and market launches, open issues, incidents and horizon risks relevant to the APAC region.
• Monitor and analyse regional market trends, product risks, incidents, regulatory developments, and emerging risk factors to assess their impact on the organisation's risk profile and recommend appropriate risk mitigation strategies.
• Oversee the implementation of enterprise risk management frameworks, tools and systems in the Pacific region, leveraging technology and data analytics to enhance risk monitoring, reporting, and decision-making processes.
• Work collaboratively with business units and functions to design and implement effective financial risk mitigation strategies, controls and action plans. Monitor the effectiveness of controls and recommend enhancements as necessary.
• Monitor the delivery of remediation actions and risk management projects including working collaboratively with business units and functions, and external consultants.