Operational Risk Manager (Line 1) Fixed Term
Operational Risk Manager (Line 1) Fixed Term

Operational Risk Manager (Line 1) Fixed Term

Temporary 50000 - 60000 ÂŁ / year (est.) No home office possible
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Westpac New Zealand

At a Glance

  • Tasks: Lead operational risk management and strengthen controls within the business.
  • Company: Join a dynamic team focused on risk management and operational excellence.
  • Benefits: Fixed-term contract with opportunities for professional growth and development.
  • Other info: Collaborative environment with a focus on continuous improvement and innovation.
  • Why this job: Make a real impact by enhancing risk capabilities and driving change.
  • Qualifications: 3+ years in risk management, strong communication skills, and stakeholder engagement.

The predicted salary is between 50000 - 60000 ÂŁ per year.

This opportunity is available as a fixed‑term role (external) or secondment (internal) through to 6 November 2026. We’re looking for an experienced Operational Risk Manager to join our CBW business on a 5‑month fixed‑term contract, where you’ll operate squarely within Line 1 — embedded, hands‑on, and close to the action. This role is ideal for a confident operational risk professional who enjoys being part of the business, taking ownership of risks, and working alongside leaders to strengthen controls, resolve issues, and lift risk maturity in a pragmatic and commercially minded way.

Mō te Tūranga | About the Role

As an embedded Line 1 risk leader, you’ll play a key role in building operational risk capability across CBW. You’ll work closely with frontline teams and senior leaders to embed operational risk frameworks into everyday business activity, supporting robust risk and control assessments and ensuring risk considerations are front of mind in decision‑making. You’ll take ownership of incident management activities, leading investigations, root‑cause analysis, reporting and remediation, and partnering with the business to ensure issues are resolved effectively and sustainably. A core part of the role involves overseeing control testing, monitoring key risk indicators, and ensuring the ongoing effectiveness of critical controls. As the business delivers change and transformation initiatives, you’ll provide practical assurance and control design guidance, helping teams balance delivery with sound risk management. You’ll also advise on business continuity planning and regulatory compliance obligations, working collaboratively across the business and with the wider risk community. Throughout the contract, you’ll contribute to ad‑hoc initiatives and continuous improvement activity, bringing a proactive mindset and a strong focus on strengthening Line 1 risk ownership and capability.

Nā tōu rourou | What you’ll bring

  • Around 3+ years’ experience in a risk discipline such as Operational Risk, Compliance or Audit
  • A strong working knowledge of operational risk frameworks, controls and incident management
  • Proven ability to engage with and influence stakeholders at different levels of the business
  • Experience balancing multiple priorities while maintaining high standards of accuracy and detail
  • Strong written and verbal communication skills, with the ability to translate risk into clear insights
  • Knowledge of the New Zealand and Australian regulatory environments (e.g. RBNZ, APRA)
  • Experience using enterprise risk systems and registers (e.g. JUNO or similar)

Applications Close 28 April 2026

Operational Risk Manager (Line 1) Fixed Term employer: Westpac New Zealand

Join a dynamic and supportive team as an Operational Risk Manager in our CBW business, where you will have the opportunity to make a tangible impact on risk management practices. We pride ourselves on fostering a collaborative work culture that encourages professional growth and development, offering tailored training and mentorship to help you excel in your career. Located in a vibrant area, our company provides a unique blend of stability and innovation, ensuring that you are well-equipped to thrive in this fixed-term role while contributing to meaningful change within the organisation.
Westpac New Zealand

Contact Detail:

Westpac New Zealand Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Operational Risk Manager (Line 1) Fixed Term

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the lookout for an Operational Risk Manager role. You never know who might have the inside scoop on opportunities!

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of operational risk frameworks and incident management. Be ready to share specific examples of how you've tackled risks in the past. We want to see that you can translate your experience into actionable insights!

✨Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and where you can make a real impact. Check out our website for openings that suit your skills and interests, and tailor your approach to show why you’d be a great fit!

✨Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Use this opportunity to reiterate your enthusiasm for the role and highlight any key points from your conversation that showcase your fit for the position.

We think you need these skills to ace Operational Risk Manager (Line 1) Fixed Term

Operational Risk Management
Incident Management
Root Cause Analysis
Control Testing
Risk Assessment
Stakeholder Engagement
Regulatory Compliance
Communication Skills
Analytical Skills
Attention to Detail
Enterprise Risk Systems
Change Management
Continuous Improvement
Business Continuity Planning

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Operational Risk Manager role. Highlight your experience in operational risk frameworks and incident management, as well as any relevant achievements that showcase your ability to engage with stakeholders.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your hands-on experience and how you can contribute to strengthening controls and lifting risk maturity within the business.

Showcase Your Communication Skills: Since strong written communication is key for this role, make sure your application is clear and concise. Use straightforward language to translate complex risk concepts into insights that anyone can understand.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!

How to prepare for a job interview at Westpac New Zealand

✨Know Your Risk Frameworks

Make sure you brush up on your knowledge of operational risk frameworks and controls. Be ready to discuss how you've applied these in previous roles, especially in relation to incident management and control testing.

✨Engage with Stakeholders

Prepare examples of how you've successfully engaged with and influenced stakeholders at various levels. This role requires strong communication skills, so think about how you can demonstrate your ability to translate complex risk concepts into clear insights.

✨Showcase Your Problem-Solving Skills

Be ready to talk about specific incidents you've managed, including your approach to root-cause analysis and remediation. Highlight your proactive mindset and how you've contributed to continuous improvement initiatives in past roles.

✨Understand Regulatory Environments

Familiarise yourself with the New Zealand and Australian regulatory environments, particularly RBNZ and APRA. Being able to discuss how these regulations impact operational risk management will show that you're well-prepared for the role.

Operational Risk Manager (Line 1) Fixed Term
Westpac New Zealand
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