Senior Analyst, Risk

**Job Overview & Purpose**:
The Senior Risk Analyst is a proactive role with first line of defence responsibility to assist with and execute the non-financial risk activities within Operations New Zealand. The role is focused on ensuring sound risk management practices are embedded within Operations, in line with Global and Regional risk management policy and practices.

Identify, quantify and drive the minimisation of risk ensuring that risks associated with operational activities are proactively managed and robust operational risk (including compliance) processes are in place across Operations.

Assist with maintaining and enhancing processes for NZ Operations with regards to the vendor management framework, supporting the business, engaging with vendor management, finance, second line risk and compliance, business continuity and legal teams.

**Context of Job**:
In this role, you will assist with supporting the “engine room’ of Risk in Rabobank NZ as part of a back-office team, primary responsibility for non-financial risk. The risk and compliance team supports the operational activities of our business while being in control and compliant with regulatory requirements, risk appetite. Continuous improvement focus through projects and other automation of our regional way of working and key focus on culture of one team and empowered employees.

Management of risk and compliance with both external and internal obligations of the bank is fundamental to the long-term success of Rabobank. Rabobank has well developed policies and procedures to manage risk, within an overall strategy, risk appetite and risk and compliance framework set by the Board and Executive Committee.

**Key Responsibilities and Accountabilities**:
Coordination of Operational Risk, Compliance and Vendor Management Activities
- Review vendor management activities to ensure adherence to standards.
- Assist with the design and operating effectiveness of Operations process, initiate and implement initiatives for improvement.
- Assist management in developing and implementing appropriate treatment plans where deficiencies are identified.
- Provide support with process and control improvements necessary to reduce operational and compliance risk highlighted by reported incidents and findings. Monitor implementation of actions.
- Ensure alignment between risk, standards/guidelines, procedures and controls.
- Assist in determining the overall direction and development, maintenance and implementation of risk maturity, ensuring compliance with local legislative and group policy requirements.
- Review the design and operating effectiveness of Operations process, initiate and implement initiatives for improvement.
- Assist with the establishment and monitoring of key risk and control indicators.
- Provide support to Operations Teams to incorporate compliance strategies into their regional strategies, and vice versa, to ensure compliance with all relevant regulatory and operational requirements, including the management of conflicts of interest.
- Play an advisory role in the integration of any new change initiatives ensuring delivered risk are managed and compliance obligations are met, while achieving business objectives.
- Support the Privacy Champion.
- Data risk champion.

Stakeholder Management
- Act as a point of contact to Line 1 and collaborate with Line 2 and 3 to resolve identified issues and understand regulatory change impacts.
- Provide support to the broader team to continually improve the framework and compliance culture.
- Attend Global and Australia First Line Monitoring Meetings.
- Ensure Head of Risk and Risk Manager are advised of relevant issues.

Reporting
- Assist with the preparation of insightful reporting, consistent with regional requirements (including monitoring and testing results and any risk information required for external reporting).
- Assess and analyse management information to identify risk trends and propose actions to address them.

Education
- Support the development of a constructive culture by educating and creating awareness of sound risk management practices in a way that makes it real for staff and aligns to Operations strategic direction.
- Deliver relevant training to the business.
- Share lessons learnt and best practice across the business units / enterprise as a result of analysis or trend identification.
- Uphold the Rabobank Values, behaviour, Code of Conduct and Treating Clients Fairly principles to deliver fair and transparent outcomes for our clients and community through our daily behaviours, practices, processes and controls.

Note: these duties may change from time to time to meet operational or other requirements.

**Qualifications**:

- Bachelor’s degree in finance, Accounting, Economics, Management or postgraduate qualifications in similar disciplines.

**Essential**:

- Financial Services experience (minimum of 3 years) in a Line 1 or 2 role.
- Knowledge of risk management, operational