Associate, Operational Risk and Compliance Team

Closing Date: 27 November 2025

Salary Range: $0.00 - $0.00

Worker Type:

Permanent

Purpose:

• Support the Head of Operational Risk and Compliance and the Chief Risk Officer
• To support the effective identification, assessment, monitoring, and reporting of operational and compliance risks across the organization.
• This role plays a key part in strengthening the control environment, ensuring adherence to regulatory obligations (e.g., OCC, Federal Reserve, CFTC), and supporting the development and implementation of risk and compliance frameworks, policies, and processes.

Capabilities, Experience & Qualification Requirements:

Essential capabilities

• Coordination & communication: writing and presenting clearly, engaging stakeholders/senior management, and administration.
• Reporting & data quality: ensuring accurate, timely and insightful risk data, reports, and dashboards.
• Regulatory awareness: understanding relevant regulations, obligations and internal policies.
• Analytical, problem-solving and risk management: investigating incidents, identifying and categorizing different levels of risk.

Experience

• Knowledge of wholesale banking business (min 3-5 years).
• Subject matter expertise in risk management  disciplines preferred (min 2-3 years).
• Proven ability to work with colleagues, business leaders and senior management.
• Familiarity with regulators (OCC, Federal Reserve, CFTC).

Qualification Requirements

• No tertiary qualifications or other professional experience required.

Key Decisions

• Support the Head of Operational Risk and Compliance NY Branch and the Chief Risk Officer NY Branch.

• Provide input into operational risk policies and frameworks.
• Perform monitoring and reporting of risk appetite.
• Assist with compliance training, testing, and regulatory preparation.
• Administrative support for the function.

Key Accountabilities

• Stakeholder Engagement & Administration: Support coordination with business units and risk partners; maintain documentation, trackers, and meeting materials to ensure smooth risk governance processes. Help the team stay organized by tracking internal priorities, monitoring progress against team goals, and supporting effective communication and planning.
• Compliance Risk Support: Assist with the compliance program by executing training, control testing, and policy reviews. Support regulatory readiness and prepare materials for governance forums, audits, and regulatory exams.
• Operational Risk Monitoring: Support oversight of the internal control environment by reviewing end-to-end processes, documenting observations, escalating concerns, and contributing to initiatives that improve control effectiveness, process efficiency, and risk mitigation.
• Oversight & Business Support: Provide day-to-day support to business units by helping identify, assess, and document operational and compliance risks. Track and follow up on risk mitigation actions.

Key Stakeholder Groups

• People Leader, Operational Risk and Compliance (NY)
• Chief Risk Officer
• NY Risk Team colleagues
• Business unit leaders – Risk Champions
• Internal business partners/colleagues
• Global Risk counterparts
• Regulatory authorities (OCC, Federal Reserve, CFTC)

Key Performance Indicators

• Performance goals will be set annually with People Leader and evaluated at least quarterly. Success will be measured through:

• Timely and accurate completion of risk assessments and compliance testing activities
• Contribution to strengthening control environment including demonstrated process improvements and automation
• Positive feedback from internal stakeholders (e.g., NPS or engagement surveys). Evidence of strengthened control environment and adherence to risk appetite.
• Successful delivery of regulatory commitments and audit outcomes.

• Contribution to NAB Group C&IB goals which are:

• Leading Customer Advocacy
• Winning in Core Markets
• Customer-obsessed Colleagues
• Simple, Fast and Resilient
• Strong Returns

It’s more than a career at NAB. It’s about more opportunity, more moments to make a difference and more focus on you.

Your job is just one part of your life. When you bring your ideas, energy, and hunger for growth to us, you’ll be recognised and rewarded for your contribution in return. You’ll have our support to excel for our customers, deliver positive change for our communities and grow your career. 

It’s a good time to see what more you can find at NAB as a

Associate, Operational Risk and Compliance Team

A diverse and inclusive workplace works better for everyone.
At NAB, we’re intent on building a culture we can all be proud of. One based on trust and respect. An uplifting environment where every single one of us feels appreciated and empowered to be our true, authentic selves. A diverse and inclusive workplace where our differences are celebrated, and our contributions are valued. It’s a huge part of what makes NAB such a special place to be.