Advisor Resolution

The role

As an Advisor in the Crisis Management & Resolution (CMR) team in our Sydney office, you will contribute to the development of resolution strategies and policy, and provide accurate, timely analysis and advice. The role includes leading the design and implementation of APRA's financial crisis management frameworks, with responsibility for engaging internal and external stakeholders across the full lifecycle of crisis preparedness and response, from diagnostics and prepositioning through to execution.

The team

The CMR team is responsible for APRA's function as a resolution authority, with responsibilities stretching across all the industries that APRA regulates: banking, insurance, superannuation and purchased payment facility providers. This includes preparing for and managing the impact of entity failure and systemic crises to protect financial stability. We achieve this by developing and maintaining APRA's resolution and crisis preparedness framework (including administration of the Financial Claims Scheme), and by ensuring that both APRA and regulated entities are prepared for stress, failure or crisis through businessasusual activities such as resolution planning, scenario planning and simulation.

When an entity failure or systemic crisis occurs, CMR plays a central role in coordinating and managing APRA's realtime response. This work draws on experience from major stress events, including APRA's response to COVID19 and lessons learned from the entityled exit of regulated entities. Delivery of this work relies on close collaboration across APRA teams and partnership with Council of Financial Regulators agencies to support a coordinated and effective response.

Key responsibilities

• Develop and review strategies and policies for resolution planning, balancing between prudential safety and the size and complexity of the institutions supervised;

• Provide analysis or advice on Australia's recovery and resolution planning framework, and potential enhancements to it, including maintaining currency with developments internationally;

• Lead policy development and planning documentation;

• Contribute to the design, coordination and participation in resolution or crisis simulation exercises, including postexercise evaluation and continuous improvement of crisis governance arrangements;

• Collaborate with and maintain and develop relationships with a wide range of people across APRA, industry and government; and

• Be part of an interdisciplinary team supporting supervisors of entities in stress and/or facilitating orderly resolutions to protect both beneficiaries and the financial system.

About you

• Well-honed analytical skills, with the capacity to think both strategically and at an operational level;

• Ability to identify relevant industry issues and risks across the financial sector;

• Demonstrated ability to build and develop relationships across all stakeholder levels;

• Strong communication and interpersonal skills;

• Excellent organisational and time management skills;

• A strong appetite to take on new challenges and contribute to a dynamic and inclusive team culture; and

• Degrees or relevant experience in economics, finance, law, crisis management or resolution is ideal but not a prerequisite.

To work with us, you need to be an Australian citizen with eligibility to obtain and maintain Australian Government Security clearance.

About APRA

The Australian Prudential Regulation Authority (APRA) places you at the heart of Australia's financial services industry. APRA serves the Australian community by helping ensure that financial institutions deliver on the financial commitments they make, within a stable, efficient and competitive financial system.

At APRA, we're committed to providing an inclusive workplace where everyone belongs, feels valued and respected. We aspire to attract and foster diversity of background, thought and experience, recognising that a broad range of perspectives, approaches and ideas makes us stronger, and better enables us to meet our obligation to protect the financial wellbeing of the Australian community. When applying, please inform us of any adjustments you may need during the interview process.