Manager, Operational Risk

Job Description

At Rest, we help more than 2 million Australians to build a better financial future. With around $112 billion in funds under management, we focus on delivering strong long-term outcomes for our members — from their first job through to retirement*. Your best at Rest means focusing on what matters, being trusted to get on with it, and knowing your work genuinely makes a difference. That’s how we operate every day, guided by our values: Be Daring, Keep It Simple, Take Action and Have Grit.

Join us as a Manager, Operational Risk, where you’ll play a key role in strengthening risk and resilience across Rest, helping our teams manage risk effectively and make confident, informed decisions. This is your opportunity to make a real contribution to the financial wellbeing of millions of Australians.

Working closely with the Head of Operational Risk, you’ll support the effective operation and continuous improvement of Rest’s Risk Management Framework, providing independent oversight, assurance and advice across the business.

You will:

• Partner with the business to strengthen operational risk management and the effective management of material risks and controls.
• Provide risk education, advice and training to build risk capability and awareness across Rest.
• Provide independent oversight and assurance of risk practices, controls, assessments, remediation plans and business initiatives.
• Support risk reporting, including Risk Appetite Statements, key risk indicators and reporting to Executive Leadership and Board Committees.
• Provide risk advice and oversight across regulatory change, incidents, compliance breaches and material third-party suppliers.
• Support the implementation of CPS 230 and broader business resilience practices, including critical operations, controls, risk data and business continuity.
• Help simplify and continuously improve risk processes while maintaining strong compliance and governance.

Qualifications

• Tertiary qualification in accounting, law, economics, business, engineering or equivalent.
• Demonstrated experience in risk management, with a sound understanding of risk frameworks, policies, procedures and best practice methodologies.
• Experience developing and enhancing risk policies, procedures and frameworks, particularly across operational risk and resilience.
• Knowledge of financial services regulations and legislation, with an understanding of business continuity, operational resilience and/or CPS 230.
• Experience facilitating risk assessment workshops, including risk quantification, stress testing and scenario analysis.
• Strong experience preparing high-quality papers for Boards and Committees.
• A commercial approach to risk management, with well-developed interpersonal and stakeholder management skills.
• Membership of a professional body such as the Risk Management Institute of Australia or the GRC Institute is preferred.

Additional Information

.What you'll find at Rest

• Hybrid working
• 5 Rest Days (wellbeing days) each year in addition to annual leave
• Eligible employees are entitled to 22 weeks paid parental leave (gender neutral)
• Continued super contributions during parental leave
• Learning and development opportunities, including AI & Data Academy, leadership programs, LinkedIn Learning, study assistance and professional memberships
• Income Protection Insurance
• Option to purchase additional leave
• Recognition through our Rest Excellence Awards

If you share our values and this sounds like the kind of place you’d do your best work, we’d like to hear from you.Apply now.

Rest is committed to creating a flexible work environment and culture that embraces diversity, equity, and inclusion - where people feel welcome, safe to be themselves and inspired to do their best.

We value the different backgrounds, lived experiences and abilities our diverse team brings. We welcome and encourage applications from candidates of all ages, cultural backgrounds, faiths, gender identities, sexual orientations and thinking styles. This includes people with disability, neurodiverse individuals, Aboriginal & Torres Strait Islander peoples and those with disrupted work history due to career or other breaks.

We welcome applications from all candidates. To be considered, you will need the right to work in Australia.

*Funds under management as at 30 June 2026. Rest is recognised as a superannuation leader across a range of areas including performance, responsible investment and member value. Find out more at https://rest.com.au/why-rest/awards.