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 *****, 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 & Energetic, 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, ****
.

📌 Project Risk Manager - Construction (Queensland)
🏢 Reserve Bank of Australia
📍 Queensland