About your Role
The Risk & Governance Analyst plays a key role in supporting the design, execution, and continuous improvement of operational risk and governance frameworks. The role contributes to the management of risks, controls, incidents, and compliance obligations by providing analysis, insights, and high-quality documentation across core risk processes. This position suits an early‑career risk professional seeking to develop deeper technical capability in operational risk management, governance, and regulatory frameworks.
Key Responsibilities
- Support the end‑to‑end RCSA process, including preparation, analysis of workshop inputs, and updates to risk and control records.
- Maintain and enhance risk registers, ensuring accuracy of risk ratings, control effectiveness, issues, KRIs, and remediation activities.
- Conduct analysis of incidents and near misses, identifying trends, causal factors, and potential emerging risks.
- Contribute to the development of risk committee materials, including dashboards, insights, and summaries of risk themes.
- Support the policy governance cycle, including impact assessment, consultation management, and quality assurance of updated documents.
- Maintain governance artefacts such as ToRs, decision logs, registers, and delegations, ensuring accuracy and currency.
- Prepare and contribute to monthly and quarterly risk reports, synthesising insights across incidents, issues, RCSA outputs, and control testing results.
- Update and analyse metrics and KRIs, identifying threshold breaches, emerging trends, and key risk drivers.
- Support the production and refinement of risk dashboards (Power BI / Excel) to improve visibility of risk profiles.
- Support small risk uplift initiatives such as enhancements to intranet content, process standardisation, or automation opportunities.
- Contribute to uplift activities relating to operational resilience, business continuity, or APRA CPS 230, as directed.
About You
- 2-3 years’ experience in risk, compliance, governance, operations, or audit.
- Working knowledge of operational risk concepts including risks, controls, assurance, issues, KRIs, and governance processes.
- Strong analytical capability, with attention to detail in reviewing and interpreting risk information.
- Strong written communication skills, able to prepare clear, concise risk reporting and governance materials.
- Proficiency with Excel, Word, PowerPoint, and SharePoint/Teams; foundational skills in data analysis or Power BI (Desirable)
- Experience with GRC tools (e.g., ServiceNow GRC, Archer, OpenPages, “Risk In Motion”) (Desirable)
- Exposure to RCSAs, incident analysis, control testing, KRI reporting, or policy governance (Desirable)
- Familiarity with APRA standards (CPS 220, CPS 230, CPS 234) at a conceptual level (Desirable)
Skills and Qualifications
- Relevant Tertiary Qualification in Commerce, Economics, Finance, Computer Science or Similar
- Growth mindset: Willingness to develop deeper technical skills in risk, governance, and regulatory frameworks.
- Stakeholder engagement: Builds relationships and communicates effectively with business stakeholders.
- Analytical mindset, strong attention to detail, ability to multi-task and pivot
About Us
Teachers Mutual Bank Limited is one of the largest mutual banks in Australia. We are a globally recognised socially responsible bank with profit-for-purpose as our business model and philosophy. At our Bank, social responsibility is built-in, not bolted on and drives our business practices, people, and products. We are proud to serve some of Australia’s essential workers in education, emergency services and healthcare. We believe they deserve a bank that does good for their community.
We have been named one of the World’s Most Ethical Companies for ten years in a row and are a Certified B Corp Bank.
Our employees embrace our organisation’s values of passion, advocacy, and sustainability, and contribute to a diverse and inclusive workplace culture founded on mutual respect, equality, and a focus on striving to deliver exceptional member service.
