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Risk Lead

Company Description

Montu is one of Australia's leading health tech businesses and a leader in alternative health services. With operations in Australia and Europe, we take a technology-first approach to reshaping the landscape for suppliers, practitioners, pharmacies and patients.

Montu operates a fully integrated, end-to-end ecosystem of healthcare companies that touches every part of the alternative health experience, from patient care through to pharmacy dispensing, clinical education, product development, wholesale distribution and more. Our brands include Alternaleaf, UMeds, Leafio and Saged.

Recognised by the Deloitte Fast 50 as the fastest growing tech company in Australia for two years running – with revenue growth of over 26,000% and 9,000% – Montu is now the largest business of its kind outside North America.

This role is an Australia-based, fully work-from-home position, with access to co-working spaces in Sydney, Melbourne and Brisbane.

Job Description

The Risk Lead will serve as the subject matter expert (SME) on the management of risk related arising from the provision of medicinal products and medical services. The Risk Lead will work with the GM Compliance to establish the risk management strategy and risk frameworks for the Montu Group. This role will play a crucial role in building a sustainable compliance environment across the Montu group.

Key Responsibilities:

  • Risk Strategy & Frameworks: Support the GM Compliance in shaping the risk management strategy, integrating risk processes into strategic planning, and addressing financial and non-financial risks. Design and implement robust frameworks that meet regulatory standards and industry best practices.
  • Risk Assessment & Mitigation: Conduct comprehensive risk assessments, recommend solutions, and implement tools to centralise and streamline risk management across the organisation.
  • Advisory & Insights: Provide actionable insights to senior management on risk trends, emerging threats, and mitigation strategies to support decision-making.
  • Reporting & Metrics: Prepare detailed risk reports for senior leadership and regulators, while developing dashboards to monitor and measure risk effectively.
  • Training & Culture: Lead risk training initiatives, enhance employee awareness, and foster a positive risk culture throughout the organisation.
  • Performance Objectives: Achieve individual and departmental OKRs and KPIs aligned with organisational goals.

Qualifications

  • Bachelor’s degree in risk management, finance, business, or related field (Master’s or certifications like CRMP, FRM preferred).
  • 10+ years of risk management experience in regulated industries, ideally pharmaceuticals, healthcare, or insurance.
  • Proficiency with risk management tools and software is advantageous.
  • Strong analytical, problem-solving, and decision-making capabilities.
  • Exceptional communication and interpersonal skills, with proven ability to influence and collaborate across all levels, including senior management.
  • Expertise in managing complex projects and leading cross-functional teams.
  • High ethical standards and a commitment to compliance.

Key Competencies:

  • Strategic thinker with a proactive risk management approach.
  • Effective team player in multidisciplinary and fast-paced environments.
  • Skilled in conducting investigations and implementing corrective actions.
  • Strong project management and coordination abilities.

Additional Information

You’ll be joining a highly motivated, agile team where your ideas and work will directly influence the direction and progress of an expanding global company in a hyper-growth phase. We pride ourselves on our collaborative and driven culture and offer opportunities for advancement to high achievers.

Other benefits include:

  • Unlimited access to the SAGED and Greenhouse learning platforms.
  • Discounts with over 450 retailers through the Merit Reward and Recognition platform.
  • Competitive salary and package.
  • Full time, work-from-home role.
  • Access to co-working spaces in Sydney, Melbourne and Brisbane. 
  • Mental health support through our wellbeing platform, Unmind
  • Being part of one of the fastest-growing industries in Australia while improving the lives of hundreds of thousands of patients. 

#LI-LM1

#LI-Remote

We are committed to facilitating a barrier-free recruitment process and work environment. If you require any accommodations, we welcome you to let us know so we can work with you to participate fully in our recruitment experience.

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CEO of Montu
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Christopher Strauch
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Average salary estimate

$120000 / YEARLY (est.)
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$100000K
$140000K

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What You Should Know About Risk Lead, Montu

Are you ready to steer the ship in risk management within a rapidly growing company? Montu, a trailblazer in Australia's health tech landscape, is on the hunt for a dynamic Risk Lead to join our remote-first team. This is your chance to make a real impact on how we manage the complexities of medicinal products and medical services. In this role, you’ll collaborate closely with our GM Compliance, taking charge of shaping the risk management strategy tailored to both financial and non-financial challenges. You will be instrumental in crafting frameworks that not only comply with regulatory standards but also exemplify industry best practices. Think you have what it takes? As the Risk Lead, you won’t just be conducting risk assessments and recommending strategies; you'll provide actionable insights that influence senior management decisions, and keep our team informed and engaged with risk trends. You'll prepare in-depth reports and develop metrics to keep our risk profile transparent and manageable. At Montu, we believe that fostering a culture of risk awareness is vital. That’s why you’ll spearhead our training initiatives, enhancing employee understanding across all levels. We’re looking for someone with robust experience, a strategic mindset, and a knack for collaboration, as you'll be working in fast-paced, multidisciplinary environments. If you have a heart for healthcare and a mind for risk, you’ll thrive here. Join us at Montu, where your expertise will directly shape the future of alternative health services in Australia. Together, we can improve the lives of countless patients while advancing your career in a vibrant, unlimited potential space.

Frequently Asked Questions (FAQs) for Risk Lead Role at Montu
What are the key responsibilities of the Risk Lead at Montu?

The Risk Lead at Montu will oversee risk strategy and frameworks, conduct detailed risk assessments, and provide actionable insights to senior management. They’ll also be responsible for preparing comprehensive risk reports, leading training initiatives, and fostering a positive risk culture across the organization.

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What qualifications should a candidate possess for the Risk Lead position at Montu?

Candidates for the Risk Lead role at Montu should have a Bachelor’s degree in risk management, finance, business, or a related field, with a preference for a Master’s or relevant certifications. A minimum of 10 years of experience in risk management within regulated industries is also required.

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How does Montu support the professional development of its Risk Lead?

Montu offers unlimited access to learning platforms like SAGED and Greenhouse, as well as opportunities for advancement for high achievers. The supportive, agile team environment encourages personal and professional growth, making it a great place for a Risk Lead to thrive.

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What kind of risk management tools will the Risk Lead at Montu be expected to use?

The Risk Lead at Montu should be proficient in various risk management tools and software that support the centralization and streamlining of risk processes. Experience with these tools will enhance the ability to conduct comprehensive assessments and implement effective solutions.

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Is the Risk Lead position at Montu fully remote?

Yes, the Risk Lead position at Montu is a fully work-from-home role, with access to co-working spaces in Sydney, Melbourne, and Brisbane, providing flexibility and a comfortable working environment.

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Common Interview Questions for Risk Lead
Can you describe your approach to developing a risk management strategy?

When developing a risk management strategy, I begin by conducting a thorough assessment of the existing risks and aligning them with the organization's goals. My focus is on integrating risk processes into strategic planning, ensuring that both financial and non-financial risks are addressed effectively.

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How do you handle conflicting priorities when managing risk?

Handling conflicting priorities requires clear communication and strong organizational skills. I prioritize risks based on their potential impact and urgency, collaborating with stakeholders to address the most critical issues while keeping an eye on long-term strategic objectives.

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What methods do you use to assess risk in a healthcare environment?

In a healthcare setting, I utilize both qualitative and quantitative risk assessment methods, including surveys, statistical analysis, and scenario planning. This helps to effectively identify potential risks and evaluate their severity, ensuring that we are prepared for a range of outcomes.

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Can you give an example of how you improved risk management processes in a previous role?

In my previous role, I revamped the risk reporting process by implementing real-time dashboards that allowed senior management to monitor risks immediately. This proactive approach not only increased visibility but also facilitated quicker decision-making.

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What is your strategy for fostering a culture of risk awareness?

Fostering a culture of risk awareness starts with training and communication. I conduct regular workshops to educate employees about risk management practices and encourage open discussions on risk-related topics, creating an environment where everyone feels responsible for managing risk.

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How do you stay current with the latest regulations affecting risk management?

I stay updated with the latest regulations by attending industry conferences, participating in webinars, and subscribing to relevant publications. Continuous professional development and networking with peers are essential for keeping abreast of changes in the regulatory landscape.

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What challenges have you faced in risk management and how did you overcome them?

One major challenge I faced was integrating risk management practices across multiple departments. I overcame this by establishing a cross-functional collaboration framework, which involved regular meetings and shared goals to ensure alignment and teamwork.

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How do you effectively communicate risks to senior management?

To communicate risks effectively to senior management, I focus on clarity and conciseness. I prepare detailed reports that highlight key risks, potential impacts, and actionable recommendations, ensuring that the information is accessible and relevant to their decision-making.

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What experience do you have in leading risk training initiatives?

I have developed and led several risk training programs aimed at enhancing employee engagement with risk management practices. These programs included interactive workshops, scenario-based training, and regular refreshers, which have proven successful in raising overall awareness.

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How do you approach risk mitigation in new projects?

When approaching risk mitigation in new projects, I conduct an initial risk assessment to identify potential issues. I then work with the project team to develop a mitigation plan that includes strategies to minimize these risks while still achieving project goals.

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Our mission: improve the lives of millions of people through medical alternative therapies.

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Full-time, remote
DATE POSTED
January 3, 2025

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