Work that makes a difference Opportunity for an experienced Technology Project Risk (Risk in Change) Specialist to support a major Core Modernisation Program in the Bank, working directly with the Program's Payments & Settlements Migration workstream to provide Risk Management support and technology risk expertise. Objective The Project Risk Specialist role is accountable for ensuring that the Banks Risk Management frameworks are adhered to by recognising, assessing, and tracking risks throughout their lifecycle through to BAU transition/handover in order to manage the risk to an acceptable level. Your Team As a key member of a newly created team, you will be part of the foundations to build and grow this new practice. The Risk and Compliance Department supports the consistent and effective application of the Bank's framework for managing risk and compliance obligations, both at the enterprise level and for individual business units across the Bank. Description The two-year fixed term role lies within the Program Structure, within the Payments & Settlements Migration workstream, providing specialised advisory on matters of risk and assurance and the management of delivery and delivered risks, in line with the procedures described in the Bank's Risk and Compliance Management Framework. You will also ensure all relevant reviews are considered including working with the second line project assurance team. A key emphasis lies in fostering a risk conscious atmosphere among project teams, motivating individuals to embrace a constructive and forward-thinking approach to risk management. Risk Management Throughout the Project Lifecycle: Recognizing, Evaluating, and Tracking Risks: The PRS will work with the Program team to ensure that risks are identified from the outset and evaluated in a comprehensive manner. Overseeing Mitigation Actions: PRS will not just assist in recognising risks, but also lead the development and implementation of mitigation strategies. Fostering Collaboration: PRS will collaborate closely with project teams, ensuring that relevant stakeholders are engaged in the risk management process. Facilitating Routine Risk Workshops: PRS will conduct regular workshops to address emerging risks and ensure that the project team remains vigilant. Risk Reporting and Documentation: Developing and Maintaining Risk Logs: This documentation ensures that risks are not only identified but are also tracked and managed effectively. Monthly Status Reporting and Steering Committee (Steer Co) Reporting: PRS will assist the program team in the creation of regular status reports that highlight the current state of delivery risks, ongoing mitigation efforts, and any changes in risk assessments. Your background To be successful in this critical role you will possess: Advanced knowledge of technology risk with strong experience in application and data migrations is highly desirable. Advanced knowledge of Payments Systems is highly desirable. Experience in project risk management (Risk in Change) is highly desirable. Experience in managing both delivery and delivered risk in projects is highly desirable. A background in computer and/or data science is beneficial. Ability to work with senior stakeholders to enhance risk capability within the organisation. Demonstrated ability to produce insightful risk reports which generate improvements and drive change. Experience of operating within a three lines of accountability model to support effective challenge and transparency. Proven experience building and maintaining stakeholder relationships at a senior level. Relevant tertiary qualifications in business management or risk management will be highly regarded. Certifications relevant to technology risk (CRISC, CISA etc) will be highly regarded. Be More Working for an organisation that truly makes a difference to the people of Australia, we can offer development and career opportunities in a collaborative environment that supports your growth, wellbeing and promotes flexibility. Why RBA? Through the pursuit of national economic policy objectives and associated activities in financial markets and banking, the RBA makes an important contribution to the Australian economy. Your application should include a resume detailing your experience and qualifications. The Reserve Bank of Australia is an equal opportunity employer. We are committed to creating a diverse and inclusive workplace and encourage applications from experienced candidates seeking workplace flexibility. #J-18808-Ljbffr