Senior Associate, Enterprise Risk & Compliance

AustralianSuper is the largest superannuation fund in Australia – in the top 20 largest funds globally and top 50 asset owners globally.

With more than US $300 billion in current assets under management, and a world-class investment team, AustralianSuper has the appetite and capability to undertake a significant volume of deployment over the coming decade.

Our New York office is made up of more than 75 colleagues and is expected to grow significantly over the next few years, so when you join, you become a key part of building our culture.

Your new role

The Senior Associate, Enterprise Risk supports the Principal, Group Risk, Americas with enterprise and operational risk, and compliance matters for AustralianSuper’s US business.

This role is to support the Principal in providing advice, oversight and challenge on enterprise and operational risk management practices, and compliance matters across AustralianSuper’s US business, including working closely with First Line Risk colleagues to ensure risk is managed in line with the Board-approved risk appetite.

Key to this role will be the implementation, embedment and ongoing improvement of the business’s revised risk management framework.

Please note, this is a 12-month full-time contract position. 

This is a position based on-site at 1251 Avenues of the Americas, with a hybrid work schedule. 

Key Responsibilities

Risk Management Framework

• Support the embedding of the uplifted risk management framework, including:
• participation in the Risk & Control Self-Assessment (RCSA) process;
• input into design and implementation of new reporting templates;
• implementation of new control library and control review standards;
• contribution to continued improvement of the risk management framework, including review of risk appetite statements, key risk indicators, and supporting risk management policies and standards.

Risk and Compliance Oversight

• Provide independent, specialist Second Line Risk & Compliance support through oversight and challenge of First Line activities including:
• leading the Second Line control testing programme for the US Operations, including planning, execution and stakeholder engagement;
• advising the business where actions are required to enhance processes, procedures, practices and controls to ensure the risks are appropriately managed.

Incident management

• Lead incident management oversight including trend analysis and reporting, including driving process improvements and embedding better practices across the incident lifecycle. 

Obligations management

• Assist the Principal in assessing updates to the business’s regulatory compliance obligations, ensuring these are supported by appropriate controls, policies and compliance arrangements.

Management Reporting

• Input into key governance reporting, including for the AustralianSuper US Board, International Compliance and Risk Council, and other senior forums and committees as required.

Other

• Assist Internal Audit to ensure the scope of proposed reviews is appropriate and assist with review coordination as appropriate. 
• Supporting the wider Risk & Compliance team and undertake ad hoc projects as required.

Culture

• Foster a professional, collaborative and solutions-focused environment within the Group Risk & Compliance function, supporting high standards of delivery and stakeholder engagement.
• Promote and role model a sound Risk culture across the business.

Stakeholder Management

• Build and maintain effective relationships across all levels of the US business, supporting strong governance, risk and regulatory