Newcastle Greater Mutual Group Ltd (NGM Group) offers retail banking services to more than half a million Australians under the brands Greater Bank and Newcastle Permanent. As one of Australia’s largest customer-owned banks, we’re a driving force in customer owned banking, operating under the trusted brands Greater Bank and Newcastle Permanent. With over 200 years of combined experience, we’ve helped hundreds of thousands of Australians achieve home ownership and providing a genuine alternative to the big banks—all while strengthening the communities we serve. NGM Group is searching for a Senior Risk Specialist. The position is full time and based in Newcastle, NSW. Tasks and Responsibilities Assess and mitigate risks related to emerging technologies, data initiatives, and cyber security, including cloud encryption, identity and access management (IAM), and other critical technology controls. Provide independent oversight and challenge for major change initiatives, including technology, data, cyber, and operational projects. Design and implement risk assurance strategies and frameworks for change programs, embedding compliance-by-design and risk appetite considerations. Develop and maintain change-portfolio assurance plans in collaboration with Line 1 teams and Internal Audit, ensuring coverage is comprehensive and non-duplicative. Support integration and transformation programs by embedding risk controls throughout all phases: discovery, design, execution, transition, and postimplementation. Collaborate with program teams, delivery teams, and business SMEs to identify, evaluate, and manage operational, regulatory, and compliance risks in change initiatives. Ensure alignment with NGM Group’s risk appetite, privacy frameworks, data protection requirements (e.g., GDPR), cloud security standards, and regulatory expectations. Influence and advise program sponsors and senior leadership on risk decisions, including recommendations for enhanced controls and mitigation strategies. Monitor and report on change-related risks to senior management and stakeholders, supporting informed decision-making and maintaining a strong risk-aware culture. Contribute to the continuous improvement of change risk management practices, including lessons learned, risk frameworks, and assurance methodologies. What are we looking for? Bachelor's degree in a relevant field such as Commerce At least 15 years' experience in Risk, Audit/Assurance or Compliance related roles Experience in the financial services industry (preferably retail banking) and driving change in a technology driven environment Experience managing multiple stakeholders, projects or initiatives Sound knowledge of operational risk as well as other material risk types Sound knowledge of relevant regulatory and compliance obligation Experience in governance and control frameworks within ADIs Deep understanding of risk management frameworks, second-line oversight functions, and the three-lines-of-defence model. Knowledge of banking regulatory requirements related to change and operational risk (e.g., APRA CPS 231, BCBS, ASIC guidance). Experience in risk assessment, change governance, internal control monitoring, and remediation tracking. Familiarity with project and program management methodologies (Agile, Waterfall) as applied to change initiatives. Ability to identify operational, compliance, and technology risks in complex business transformations. Competence in reporting risk insights clearly and concisely to senior stakeholders. What can you expect from us? NGM Group employees can take advantage of the following work perks: Health and wellbeing; Fitness passport, corporate health insurance and annual flu vaccination. Lifestyle and giving back; Hotel discounts, 18 weeks paid parental leave, two community volunteers days and three recreational leave days per year. Professional advancement; Flexible work arrangements, recognition programs and employee referral program. NGM Group is committed to delivering trusted banking to enable our customers and communities to thrive. We do this by leading with heart, doing the right things in the right way, and by maintaining high standards of ethical behaviour in everything that we do. All applicants are therefore required to undergo a comprehensive background check , Bankruptcy Check and a National Police Check . We are also working to reflect the vibrant communities we serve. We believe in creating an inclusive, diverse, and supportive workplace where everyone can thrive. If you require adjustments to be made during the recruitment process or would like to discuss any accessibility requirements, your Talent Acquisition Partner will be happy to engage in a confidential discussion and assist. Your unique talents and perspectives are what make us stronger.