Risk Inspection Officer

Description

Summary: Join SBS Bank's Risk Team as a Risk Inspection Officer to deliver the 2nd Line Risk Inspection Programme, ensuring compliance and providing high-quality reporting. Highlights: 1. Shape the future of banking in New Zealand 2. Making a positive impact on Kiwis' lives 3. Be part of a close-knit, caring, and inclusive whānau **Applications Close: 05/03/2026** With a rich history spanning over 150 years in Aotearoa New Zealand, SBS Bank is making a positive impact on Kiwis' lives by helping them find a place to call home. It's a powerful purpose that drives us every single day! Right now, we're on an exhilarating transformation journey, reimagining how we can deliver banking to better meet the evolving needs of our customers and the digital world we live in. It's an exciting time, as part of this we're growing our team and investing in new capabilities to help share the future of banking in New Zealand. If you're passionate about making an impact and being part of something meaningful, we'd love to hear from you. At SBS, we truly believe that when people achieve their financial goals, their whānau and communities flourish as a result. **To help us with this, we are searching for a Risk Inspection Officer to join our Risk Team, on a fixed term basis, preferably based in Invercargill, but consideration may be given to Christchurch.** This role is mostly responsible for delivering the 2nd Line Risk Inspection Programme assessing compliance with SBS Bank policies and procedures. It works closely with senior management to provide high‑quality reporting and insights that support effective compliance. Additional responsibilities include contributing to policy and procedure development, risk management training, and the sharing of best practices. **What you'll be busy with:** * Designing and managing the Risk Inspection Programme, including processes, methodologies, and review cycles, ensuring delivery within agreed timeframes and budget. * Conducting Risk Inspections across all lending branches and business units, reviewing sample member files to assess compliance with credit policies, data quality, and overall lending decisions. * Reviewing member files for AML/CFT/FATCA/FMA compliance, including onboarding, ongoing due diligence, record‑keeping, and source‑of‑funds requirements. * Evaluating the quality of Heart‑to‑Heart (H2H) needs‑based analysis and Retail's first‑line assurance activities required for the Financial Advice Provider (FAP) licence. **What you'll bring:** * Strong understanding of retail and commercial banking products and services * Good understanding of the risk assurance process (Internal Audit/Second Line of Accountability) including the ability to clearly identify key risks, controls and risk issues. * Good understanding of AML/CFT process and associated regulatory requirements. * Resilient and able to deal with people with differing viewpoints in a constructive manner * Able to travel across the retail branch network This role is full time with hours of work of 37.5 a week, Monday to Friday. This role is fixed term for up to 12 months. **About Us:** We're on an exhilarating growth journey, and we need exceptional individuals who are ready to embrace our ambitious goals. We're seeking passionate trailblazers from all walks of life who are eager to shape the future of banking. As a 100% NZ Member-owned bank, we have the freedom to focus on creating real value for our Members (customers). With no shareholders to please, we can offer market-leading lending and funding rates while giving back to our communities through local sponsorships and support. Every success we achieve directly benefits our Members and the regions we serve. We foster an inclusive and innovative environment that thrives on challenging the status quo. We actively encourage our people to question conventions, push boundaries, and test our thinking. This mindset paves the way to successfully achieving our growth. When it comes to our culture, we're proud to say that we're more than just colleagues - we're a close-knit, caring, and inclusive whānau. We embrace diversity in all its forms and actively promote an environment where everyone feels valued, respected, and empowered. We invest in your development, well-being, and growth because we believe that when you thrive, we all succeed. So, if you're ready to be part of a small bank with a big heart, where your unique perspectives and contributions are celebrated, then come on board and join us! Together, we'll help Kiwis find a place to call home. **Apply today to join the Bank with Heart and become part of our SBS whānau**