Are you an accomplished risk management professional in the banking industry?
Have you consistently delivered high performance in your roles?
Are you motivated to go the extra mile to create value for your organisation?

Korea Development Bank (KDB), Korea’s policy bank, is establishing its Sydney Branch in the heart of the CBD to conduct wholesale banking operations in Australia. As a founding team member, you will play a pivotal role in building, strengthening, and stabilising the Branch’s risk management framework.

We are seeking an experienced Vice President – Risk Management to support the development and implementation of the Branch’s risk framework. This is not a purely compliance-focused role; rather, it is a hands‑on position suited to a risk professional with solid quantitative expertise and well-developed qualitative capabilities.

About the Role

Reporting to the Branch’s Chief Risk Officer, this is a hands‑on role responsible for the day‑to‑day operation, enhancement and implementation of the Branch’s risk management framework.

You will bring robust knowledge of global banking standards across credit risk, liquidity risk, market risk, and operational risk. You will be expected to quickly familiarise yourself with the Branch’s policies and procedures, work autonomously, conduct research, and provide practical, solution-oriented advice to internal stakeholders.

A key initial priority will be the development of risk manuals, registers, and supporting documentation, leveraging existing group-level policies and adapting them to the Australian regulatory environment.





This role requires initiative, adaptability, collaboration, and a robust commitment to professional growth. You will be encouraged to broaden your industry knowledge and actively contribute to strengthening the Branch’s overall risk management capability.

Key Responsibilities

- Assist the CRO in implementing, enhancing, and embedding the Branch’s risk management framework.
- Form independent credit opinions on new credit proposals or variations to existing facilities across project finance, leveraged finance, institutional corporate finance, and other wholesale lending activities, and present your well‑reasoned and thoroughly documented assessments to the CRO.
- Provide independent, timely and practical risk guidance on business activities, new initiatives, regulatory developments.
- Deliver pragmatic and commercially sound risk advice across a wide range of matters.
- Develop and implement risk procedures, risk registers and supporting documentation in line with APRA’s prudential standards and internal policies.
- Assess and interpret regulatory requirements (APRA, ASIC) to ensure material risks are properly identified, assessed, monitored, reported, and remediated.




- Analyse processes and systems and recommend improvements to strengthen controls and support business efficiency.
- Liaise with internal and external auditors on risk‑related matters.
- Deliver training and awareness sessions to business teams on risk management topics.
- Respond to regulatory inquiries on a case‑by‑case basis and to Head Office requests in a timely and professional manner.
- Prepare monthly, quarterly, and annual risk reports for senior management, committees, and Head Office.
- Perform as a secretarial role, preparing meeting materials and minutes for the Branch’s Risk Management Committee and Credit Review Committee.
- Build and maintain strong working relationships across business and support functions.
- Ensure accuracy, consistency, and professionalism in all reports, advice, and communications.
- Perform ad‑hoc duties as required.

What We’re Looking For

- Tertiary qualifications in Business, Finance, or a related discipline.
- Minimum 5 years’ experience in banking or financial services industry.
- Professional certifications such as CFA or FRM are highly regarded.
- Advanced skills in MS Excel, Word and PowerPoint.
- Full, unrestricted working rights in Australia.
- This opportunity will suit a proactive, self‑motivated professional who thrives in a start‑up environment and is excited to take on new challenges with a “can‑do” attitude. Attention to detail, excellent communication, and robust interpersonal skills are essential.

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📌 Bank Risk Management - Vice President (KDB Sydney)
🏢 KDB Asia
📍 Sydney