Challenger Limited is an ASX-listed investment management firm managing $120 billion in assets (as at 30 June 2026). Life with us is quick moving and always exciting. Together we’re driving to deliver our vision to provide our customers with financial security for a better retirement. We achieve this goal by providing a work environment where people from diverse backgrounds, with a range of skills and experiences can contribute and succeed. Join us at Challenger as a Senior Risk & Compliance Manager
- Investments. This is a high-impact chance to partner closely with our Group Investments Division, supporting the Group CIO, Chief Operating Officer and Financial Risk teams at a time of ongoing change and growth. Operating as a true Risk & Compliance partner, you’ll work alongside the business to support sound decision‑making, strengthen the control environment and help deliver good outcomes for customers and policyholders. Based in our Sydney CBD office, you’ll enjoy flexible working (typically 3 days in the office, 2 from home).

About the role

Reporting to the Head of Risk & Compliance, Life, Investments and DPM, you'll partner closely with our Group Investments division to support effective risk management, compliance and governance outcomes. This is a genuinely business-facing role where you'll work alongside senior stakeholders to navigate risk, balance commercial considerations, and embed robust governance into day‑to‑day decision making. You’ll also support key transactions, new products, portfolio activity and business change initiatives, helping ensure risk, compliance and governance considerations are understood early, and appropriate controls are built in from the outset. What you’ll be doing

Business Partnering Act as a trusted Risk & Compliance advisor to the Group CIO,



Chief Operating Officer and their teams. Provide clear, pragmatic advice on licensing, regulation, operational risk, compliance and governance matters Build strong relationships with senior stakeholders, strengthening first‑line ownership of risk while providing effective second‑line oversight and challenge. Change & Strategic Initiatives Provide risk and compliance support for transactions, new products, portfolio activity, outsourcing and business change, including review of agreements, RFPs and service arrangement Facilitate risk workshops, scenario analysis and risk assessments so risks and controls are clearly understood before decisions are made. Risk Frameworks & Governance Maintain and improve compliance plans, risk and control registers and other risk and compliance framework documents Facilitate periodic risk and control self‑assessments and support the ongoing development of governance, accountability and control effectiveness. Maintain and monitor governance, risk and compliance (GRC) activity, ensuring clear ownership and timely follow‑up of exceptions. Regulatory & Compliance Advisory Provide guidance on financial services regulation, including ASIC requirements and the prudential framework applying to a life company Support regulatory interactions, reviews, consultations and lodgements, including licence matters, Responsible Manager appointments and breach notifications,



while maintaining constructive relationships with regulators Monitor regulatory change and external developments, translating their impact into practical actions. Reporting & Insights Deliver accurate and timely risk, compliance and governance reporting for management, committees and Boards Monitor incidents and breaches, identify themes, support escalation and remediation, and give senior stakeholders clear, practical recommendations and risk insights on complex matters. Risk Culture & Capability Develop and deliver training, coaching and guidance that builds risk awareness and supports a strong risk culture Act as a go‑to resource for operational risk, compliance and governance queries across the Investments business. The skills and experience you’ll need

You're an experienced Risk & Compliance professional who thrives in a business‑facing environment. You'll work closely with senior stakeholders across Investments to support sound decision‑making, strengthen governance, and deliver effective risk and compliance outcomes. You'll bring strong operational risk and compliance experience, a practical understanding of the financial services’ regulatory environment, and the ability to balance risk considerations with commercial objectives. In addition, you’ll have: Proven experience in operational risk and/or compliance within financial services, including supporting investment or front‑office teams. Experience designing, implementing and maintaining effective risk and compliance frameworks across a diverse financial services business Working knowledge of the Corporations Act, ASIC‑regulated environments and prudential requirements, with the ability to interpret regulatory obligations and apply them in a practical business

📌 Senior Risk (Sydney)
🏢 Challenger
📍 Sydney