Lead risk management for a major RBA redevelopment Provide high‑visibility insights to senior executive governance forums Play an important part shaping the future of our iconic Australian institution About the role The Line 1 Risk Manager will play a critical role in ensuring the successful delivery of the 65 Martin Place redevelopment project. The position is responsible for establishing and maintaining a comprehensive understanding of both delivery risks (risks to achieve milestones and objectives ) and delivered risks (risks inherent in the final asset post-completion). The role supports proactive identi fication , a ssessment and manag ement of risks throughout demolition, design, construction, fit out and handover . This includes designing and implementing key controls, monitoring effectiveness, coordinating remedial and mitigation actions and ensuring compliance with the RBA’s Risk and Compliance Management Framework and relevant Australian industry standards. Objectives Develop and maintain a holistic view of delivery and delivered risks across all phases of the project. Embed risk management practices into project governance and decision-making processes. Foster a strong risk-aware culture within the project team that aligns with RBA values and promotes accountability. Contribute to strategic direction and leadership of the 65MP project, sharing accountability for deliverables and outcomes. Provide expert advice and deliver risk management and control monitoring services that meet internal, industry, and legal compliance obligations. Build and maintain effective relationships with internal and external stakeholders. Key responsibilities Collaborate with the 65MP project team to identify and assess risks across all phases, including demolition, design, construction, fit out and commissioning . Tailor and enhance risk management frameworks and key controls to address both delivery and delivered risks. Monitor control effectiveness and escalate issues where remediation is . Direct and review the cost of mitigation actions, including budget and actuals ( from project RAIDD and 65MP programme ), ensuring the project’ contingency is appropriate , and cost controls applied. Coordinate remedial activities and ensure timely resolution of risk-related issues. Provide risk insights and reporting to senior stakeholders, including Steering Committees and governance forums. Ensure risk management and obligations management are aligned to contractual requirements. Provide assurance over Service Provider deliverables, ensuring quality and compliance with terms and conditions. Support compliance with property law, construction regulations, and organisational risk policies. Partner with internal and external stakeholders to negotiate and deliver risk mitigation strategies and contractual protections. Operate within the three lines of accountability model to support transparency and effective challenge. As a Project Risk Manager, you must be able to demonstrate : Minimum 10 years of proven expertise in property development and major construction projects , including demolition, planning and design, and construction of large-scale office buildings for long-term ownership. Proven ability to develop and implement risk management plans and procedures on large-scale projects. Experience of designing and p roject c ontrols in estimate/cost and schedule on large scale construction or infrastructure projects. Strong understanding of construction methodologies, regulatory requirements, and risk management practices on complex projects . Excellent analytical, organisational, interpersonal, verbal, and written communication skills. Proven ability to produce visual and insightful risk reports for senior stakeholders. Experience operating within a three lines of accountability model . Experience in large and complex p roject management. Qualifications Bachelor’s degree in Construction Management or related field. Relevant tertiary qualifications in risk, compliance, or related discipline. Professional certifications in risk management (e.g., ISO 31000, PMI-RMP) desirable. PMP or equivalent project management certification desirable. Be More Working for an organisation that truly makes a difference to the people of Australia, we can offer development and career opportunities in a collaborative environment that supports your growth, wellbeing and promotes flexibility. Your individual growth and success drive the RBA forward as an organisation. Be more means you can do more, for yourself and for Australia. Why RBA? The RBA makes an important contribution to the Australian economy through the pursuit of national economic policy objectives and associated activities in financial markets and banking. We also issue Australia's banknotes and operate infrastructure critical to the payments system, all of which contribute to the welfare of the Australian people. Made up of specialists across a wide range of fields, our people, values, and culture play a critical role in achieving our objectives. Striving to be Open & Dynamic, we consider and incorporate different perspectives, work across teams and are transparent with each other, whilst delivering quality together effectively and focusing on outcomes by prioritising, testing, learning, and refining as we go. Our people conduct themselves with a high degree of integrity, while striving for excellence in the work they perform and the outcomes they achieve. We encourage intelligent inquiry and we treat one another with respect while promoting the public interest through our efforts. We know it is the growth and success of our people that drives the RBA forward. Come and make a bigger contribution while you build and develop your own skills too, because being more means you can do more, for yourself and for Australia. The Reserve Bank of Australia is committed to equity, diversity and inclusion through key initiatives. We welcome and encourage applicants from diverse backgrounds to apply, including Aboriginal and Torres Strait Islander peoples, culturally and linguistically diverse background, those living with a disability and from the LGBTQ community. We are committed to making the recruitment process fair and equitable for all our candidates. Application Close : March 03, 2026 .
