About Avant
Avant is Australia’s leading medical defense organisation with a proud heritage of protecting Australian medical professionals for over 130 years. It was established by a small group of doctors in 1893, who wanted to “protect themselves from actions arising out of the practice of medicine”.
Avant now represents 82,000 health practitioners and medical students across every state and territory, delivering market leading products and services to meet their professional, personal and practice needs. Building on this heritage, our vision is to be the most trusted professional partner in supporting doctors throughout their lives and careers.
As a mutual organisation, owned by members and run purely for their benefit, our members are at the centre of all we do. As well as providing products and services to our member, we play a broader community role by advocating for improvements in the healthcare system and in quality, safety and professionalism in medicine, through delivering education and research activities.
About the Role
This role provides 1st Line of Defense Risk Management capability for business lines to provide operational risk and control assessment expertise. It also has responsibility for overseeing the Risk and Compliance functions of our People and Culture (P&C) division.
The role is responsible for championing sound risk management practices in line with the Avant Operational Risk Framework, including leading the business in identification of operational risks and controls, identifying areas for key controls improvement in a way that improves business efficiency, effectiveness and deliver on business objectives.
Key Challenges:
• Implement consistent and holistic application of the Operational Risk Framework across the relevant business line
• Support our P&C division to ensure compliance with its policies, procedures and regulatory obligations
• Gain a thorough understanding of the business line, risks in key processes and risks in change, and management of environment risks
• Assist in ongoing implementation of sound risk management practices and controls whilst remaining pragmatic and commercial in how these are designed and implemented
• Engage with People& Culture stakeholders to embed risk culture, processes and disciplines
• Ability to proactively manage in a fast-paced / change environment.
Key responsibilities
• Implement and maintain the guidelines, specifications, and processes for the execution of the Operational Risk Management Framework.
• Own and manage operational risks within the business on a daily basis, including defining risk appetite and tolerances across key operational risks.
• Own and manage the business line Compliance framework. This includes implementing processes and procedures designed to ensure compliance obligations are met
• Attend to the Compliance reporting including Complaints reporting in line with internal and external reporting obligations.
• Own and manage the business line incident management process – including understand the commercial and risk & compliance implications of risk incidents arising in the business line, and ensuring compliance with the Avant incident management and reporting framework.
• Ensuring risk treatment plans are adequately constructed, and implemented on a timely basis
• Coordinate and complete risk profile reviews, including review of specific business risk assessment scenarios.
• Develop and coach business line team members in relation to contemporary Risk Management techniques and the Avant Group Risk Management Framework.
• Work closely with the Avant Group 2nd Line of Defense Risk and Compliance teams, to ensure consistently effective business risk management outcomes, and contributing to the ongoing enhancement of Risk Management practices and outcomes within the Avant Mutual Group.
To be successful you will have:
• 5 years plus financial services experience
• Risk Management experience Advisor or Manager level within a business line (ideally 1st Line Risk experience within a People & Culture / Human Resource department)
• Relevant tertiary qualifications
• Highly developed influencing
• Executive level stakeholder management experience
• Change management
• Financial acumen
• Commercial thinking
• Excellent written and verbal communication
• Analytical and reasoning
• Ability to work independently
• Project and time management
• Intermediate Excel, Word and PowerPoint
Why work at Avant?
We value our people by offering an inclusive workplace with flexible work, career development and internal mobility opportunities.
Our flexible working arrangements are designed to enable genuine work-life balance.
Your development is our priority and we have a variety of learning and development programs that will support you in your career.
We offer support to our people via Employee Assistance Program (EAP), Health and wellbeing programs, Tertiary Education Sponsorship and Support.
We have a diverse and connected work environment where your contribution and ideas will be valued and respected and make a real difference to the lives of others.
If you have any queries regarding the role, please do not hesitate to contact Nico Touze, Head of Talent Acquisition on 0467 289 985
Please note: Avant Mutual is a vaccinated employer. Prior to the commencement of your employment by Avant, you are required to be fully vaccinated against the Covid-19 virus or have a medical certificate stating that you cannot receive a Covid-19 vaccination for valid medical reasons.