Contact Officer: Erin Martin on 02 6263 1174
Closing Date: 5:00 pm Thursday 19 December 2019
Reports To: Chief Risk and Compliance Officer
Direct Reports: 1 – 2 Analysts
Security Level: Baseline
Qualifications: Degree qualification in commerce, audit, evaluation or a related discipline from a recognised tertiary institution.
Experience: Experience in the fields of governance, assurance, audit or evaluation. Experience working within Australian financial markets or the Australian Government context would be highly regarded.
The Enterprise Risk and Assurance (ERA) Group is responsible for maintaining frameworks and programmes that guide and support AOFM’s officials in proactively identifying and managing business obligations, risks (threats and opportunities) and controls. These frameworks include assurance, business continuity, enterprise risk management, fraud control, and resource management for these purposes.
The Manager - Assurance is responsible for maintaining and enhancing the AOFM’s assurance framework, systems and tools in line with business requirements. This includes its integration with associated frameworks and systems (e.g. enterprise risk management, governance and fraud control frameworks). The role is also responsible for the Audit Committee secretariat function, maintenance of counterparty legal documentation and providing strategic support to the Executive Group on the status of the AOFM’s internal control framework.
The Manager - Assurance will employ international and Australian assurance and audit frameworks and standards, as well as the requirements relevant to transacting in Australian financial markets, to support delivery of a fit-for-purpose assurance regime.
The Manager - Assurance performs a technical leadership position within the ERA Group and has responsibility for maintaining and improving the assurance function. In addition to exercising sound judgement, initiative and discretion, relationship management capabilities and a strong capacity to monitor and understand related professional standards are essential to the role.
The duties of the Manager - Assurance may vary according to business requirements and priorities. The Manager - Assurance is expected to:
- maintain the AOFM’s Assurance Framework and associated systems to enable the timely and effective improvement in control design;
- administer the Anti-Money Laundering and Counter-Terrorism Funding (AML/CTF) framework, including the AML/CTF program and due diligence processes;
- implement and maintain the AOFM’s Obligations Register, including facilitating the integration of relevant information into the enterprise risk and assurance programmes;
- support the operation of the enterprise risk framework, including providing guidance on control design and operation;
- co-ordinate, manage and assess the development, delivery and quality of the outsourced internal audit provider;
- manage the audit committee secretariat function;
- contribute to a high level of professional practice by the ERA Group through maintenance of technical expertise and the coaching and development of staff;
- prepare a range of written materials, including reports, briefings and presentations for the CEO, Executive Group, Audit Committee, and Minister as necessary;
- liaise and represent the AOFM in consultation with internal and external stakeholders; and
- other duties as directed.
The following behavioural attributes apply to all AOFM officials:
- Oral communication;
- Written communication;
- Judgment and problem solving;
- Leadership and initiative;
- Output management;
- Relationship management;
- Self-development; and
- Developing others.