At ASIC, you can be the change that ensures a fair, strong and efficient financial system for the benefit of all Australians. Contribute to delivering on ASIC's purpose, vision, and strategic priorities to help maintain the integrity of the financial system and protect consumers from harm.
Join ASIC's Markets Group and play a critical leadership role in supervising Australia's financial markets and addressing emerging and systemic risks.
Sydney or Melbourne location
Salary between $170,621 to $202,614 (depending on experience) plus 15.4% superannuation
Temporary 12-month contract
Applications close at 11:59pm ADST/AEST, Sunday 27 September ****
The team
ASIC's Markets Group safeguards trust and confidence in Australia's financial markets. The Group oversees the full regulatory lifecycle, licensing, supervision, investigation and enforcement - working to detect, prevent and deter market misconduct and promote market integrity and resilience.
The new Market Systems team has been established to provide a single, system‐wide lens across public and private markets, enabling whole‐of‐ASIC risk coordination, stronger market design outcomes assessed holistically, earlier detection of emerging risks across asset classes and interconnections, and clearer visibility of risk build‐up such as leverage and concentration that can inform stress and supervisory responses.
This team is to support and connect with other functions including supervision, surveillance, enforcement and policy in Markets and across ASIC.
The role
As the
Senior Specialist
of the System Risk function in Markets, your role will be to support the Senior Manager with the performance of a multidisciplinary team to systematically assess and monitor system risks across
public and private markets
, including private equity, private credit and OTC derivatives, with a focus on interconnections and contagion.



You will exercise strong regulatory judgement, engage with senior stakeholders, and drive timely identification and escalation of risks and assessment of intervention options to address systems risk.
Key Responsibilities Include
Leading projects that relate to a market wide risk and assist with horizon scanning to identify emerging or systemic risks across both public and private markets
Undertake risk assessments in line with agreed risk frameworks to codify, compare and elevate risks.
Develop analysis and insights to identify points of contagion and through collaboration with other stakeholders identify intervention options
Over time, develop coordinated stress scenarios across markets and participants.
Model impacts of identified risks and potential intervention option impacts to information regulatory action, and contribute to its development and finalisation
Coordinate cross-market work on an ongoing basis, including the intersection of markets, super, funds management, governance.
Lead research and policy analysis, including guidance, discussion and policy papers.
Act as a senior point of engagement with key internal, domestic and international stakeholders
Support the Senior Manager in building team capability
About You
You are a confident and experienced leader with strong regulatory judgement and the ability to operate effectively in complex, high‐pressure environments. You bring a strategic,



risk‐focused mindset and can translate analysis into clear expectations and outcomes.
You Will Also Demonstrate
Senior leadership experience in a regulatory, financial services, markets or related environment
Strong analytical, problem‐solving and capability and ability to draw on data to make evidence-based decisions
Excellent written and verbal communication skills, with the ability to influence senior stakeholders
Experience leading teams, setting direction and building capability in complex settings
Experience assessing emerging and system risk, ideally in a financial markets context
Ability to work in a cross-functional teams to deliver the responsibilities of the role
About ASIC
ASIC's remit is one of the broadest of regulators across the world. ASIC regulates corporations, markets, financial services and consumer credit and monitors and promotes market integrity and consumer protection in the Australian financial system. Through our enforcement work, we hold to account those who contravene the law, working to achieve strong outcomes that address the greatest consumer and investor harms.
ASIC is an equal chance employer seeking people who want to make a difference. ASIC is committed to providing a diverse and inclusive workplace where the very best talent in Australia chooses to work. Applications from people of all ages, cultural backgrounds, abilities, LGBTIQ+ identity, and people of Aboriginal and Torres Strait Islander descent are encouraged to apply.
We Offer a Range Of Employee Benefits Including
Attractive superannuation
Additional leave entitlements
***** hybrid work-from home model
Flexible work arrangements
Assistance for study and professional development
To work with us, you need to be an Australian citizen and be prepared to complete an ASIC Suitability and Baseline Assessment.
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📌 Senior Specialist (System Risk) (New South Wales)
🏢 Asic
📍 New South Wales