Compliance Manager

nib Health Funds Limited; Sydney; Hybrid; AUD 120,000 - 180,000; Full time

Benefits offered by this job

New starter benefit

50% discount on employee health cover

Volunteer leave via nib Foundation

Well Program access

Share plans & incentive program

Parental leave

Job summary

nib Health Funds Limited is seeking a Compliance and Governance professional to support nib Group's risk-based compliance program across Business Partnering, Regulatory Compliance and Conduct and Compliance teams. You will provide practical compliance advice, oversee regulatory obligations, monitoring and assurance, and manage incidents and breaches.

You will work across the organisation to help meet regulatory obligations, deliver good customer outcomes and foster a positive risk and compliance

Qualifications

• Experience in compliance, risk, legal or governance within a regulated financial services, insurance or health environment.
• Understanding of Australian regulatory requirements, including APRA standards and consumer protection obligations.
• Ability to translate regulatory requirements into practical business guidance.

Responsibilities

• Support the Compliance and Governance program across nib Group.
• Provide practical compliance advice and oversee regulatory obligations, monitoring and assurance.
• Manage incidents and breaches and support conduct, fraud and financial crime risk management.
• Contribute to governance and reporting frameworks to meet customer outcomes and risk standards.

Skills

Clear regulatory guidance

Stakeholder management

Communications excellence

Education

Law/Commerce/Business risk management degree

GRC governance certification

Tools

GRC systems

Data analytics tools

AI tooling for compliance

Job description

About this role

In this role, you'll support the Compliance and Governance business unit to deliver an effective, risk-based compliance and governance program across nib Group. You'll work flexibly across our Business Partnering, Regulatory Compliance, and Conduct and Compliance teams as priorities require, giving you broad exposure across nib's compliance program. You'll provide practical compliance advice, oversee regulatory obligations, monitoring and assurance, and manage incidents and breaches. You'll also support nib's conduct, fraud and financial crime risk, governance and reporting frameworks. You'll help the business understand and meet its regulatory obligations, deliver good customer outcomes and maintain a positive risk and compliance culture.

About you

You’ll bring experience in compliance, risk, legal or governance within a regulated financial services, insurance or health environment. You’ll have a sound understanding of Australian regulatory requirements, including APRA prudential standards and consumer protection obligations. You’ll also have practical experience providing compliance advice, monitoring and assurance, along with managing incidents and breaches. You’ll be confident interpreting regulatory requirements and translating them into clear, practical guidance for the business.

You’ll bring:

• Tertiary qualification in law, commerce, business, risk management or a related discipline
• Excellent written and verbal communication skills, including preparing clear reports, papers and regulator correspondence
• Strong stakeholder management skills, with the ability to influence and constructively challenge at all levels

It would be great if you also have:

• Postgraduate qualification or professional certification in governance, risk or compliance (e.g. GRC Institute or Governance Institute of Australia)
• Experience in private health insurance or another APRA-regulated entity
• Experience with FAR, conduct risk frameworks, whistleblowing or policy governance
• Experience in fraud and financial crime risk management, including sanctions, AML/CTF and internal or external fraud
• Experience using GRC systems, data analytics or AI tools to improve compliance activities

Who we are

nib is a leading health insurer and health partner across Australia and New Zealand. Our purpose is simple: helping people enjoy better health by making healthcare more accessible, affordable and connected.

Diversity, equity and inclusion

We embrace a flexible working environment and welcome candidates who reflect the diversity of the communities in which we operate. We're committed to an environment where everyone has the autonomy and freedom to be their authentic selves, every day. We encourage Aboriginal and Torres Strait Islander peoples, people living with disability, veterans, LGBTQIA+ as well as culturally diverse community members to apply for open roles. We’re committed to creating an accessible recruitment process. If you identify as a person living with disability and require adjustments to our online application, recruitment, selection and/or assessment process, or would like this advertisement in an alternative format, please contact us at nibemployment @nib.com.au.

Working at nib

Our hybrid working model offers flexibility to work from home or our purpose-built office Hubs (1–2 days in Hub expected), designed for focus, connection, and collaboration.

Other benefits to support you at work (and play) include:

• New starter benefit to help set up a functional home workspace
• 50% discount on employee health insurance
• Opportunity to give back to the community through paid leave for volunteering through nib foundation
• Access to our nib Well Program and corporate fitness discounts
• Access to employee share plans, short-term incentive program and life and salary continuance insurance benefits
• 18 weeks paid parental leave for all new parents regardless of carer status
• 5 days paid cultural leave for First Nations peoples
• 4 weeks paid gender affirmation leave for trans, gender diverse and intersex employees

The fine print

All your information will be kept confidential according to EEO guidelines. Successful applicants will be required to complete a background check (including criminal history and bankruptcy check) prior to commencement of employment. We acknowledge Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the lands where we live, learn and work.

Who we are nib Group

Who we are nib Group is a trusted international health partner, empowering our members to make better decisions and improve health outcomes through greater accessibility to affordable health services and information. nib Group provides health and medical insurance to over 1.6 million Australian and New Zealand residents. We also provide health insurance to more than 190,000 international students and workers in Australia. In addition, we are Australia's third largest travel insurer and global distributor of travel insurance through our business nib Travel, providing financial protection and assurance to travellers wherever they are in the world Our Purpose Our purpose is your better health. We are a trusted partner in helping our members and travellers make more informed healthcare decisions, transact with healthcare systems and generally live healthier lives.