Risk & Compliance Cadet: Launch Your Compliance Career

Community First Bank; Sydney; On-site; AUD 60,000 - 80,000; Full time

Job summary

Community First Bank is seeking a motivated Risk & Compliance Cadet to support daily monitoring, reporting, and governance processes within our member-owned organisation. You will assist with risk assessments, assist in ICAAP-related tasks, and help implement systems to improve compliance efficiency.

The role focuses on knowledge of banking, regulatory frameworks, and collaboration with internal teams to drive improvements and ensure strong governance.

Qualifications

• Completed or working towards a Degree in Finance or related discipline.
• Knowledge and understanding of banking including basic deposit accounts and loans.
• Knowledge and understanding of compliance areas relating to financial institutions including ASIC and APRA frameworks.
• Demonstrated ability to implement technology and drive change.
• High level problem solving and analytical skills.
• Energised by building strong relationships in a collaborative and engaging style.

Responsibilities

• Perform daily Risk and Compliance monitoring and reporting.
• Assist with weekly hindsight reviews of loan files for compliance and quality.
• Prepare monthly R&C metrics reports with variance analysis.
• Draft and circulate RMT papers to senior management.
• Provide coaching to new starters and interns as required.
• Support audits and strategic initiatives with the Risk & Compliance team.

Skills

Finance degree

Banking knowledge

Compliance frameworks (ASIC/APRA)

Technology implementation

Analytical thinking

Relationship building

Education

Bachelor / working towards Finance or related field

Job description

Community First Bank is seeking a motivated Risk & Compliance Cadet to support daily monitoring, reporting, and governance processes within our member-owned organisation. You will assist with risk assessments, assist in ICAAP-related tasks, and help implement systems to improve compliance efficiency.

The role focuses on knowledge of banking, regulatory frameworks, and collaboration with internal teams to drive improvements and ensure strong governance.