Senior Compliance & Regulatory Risk Specialist

Liberty Specialty Markets; Sydney; On-site; AUD 150,000 - 190,000; Full time

Job summary

Liberty Specialty Markets is seeking a Senior Compliance Specialist in Sydney to embed the Compliance Framework across Australian operations. You will support 2nd Line controls, coordinate with APAC and Global teams, and drive practical compliance activities to align with regulatory obligations.

Key responsibilities include managing the Compliance Plan, engaging with stakeholder groups, and enhancing policies, procedures, and training to mitigate risk.

Qualifications

• Extensive experience in a Compliance role within the financial services industry.
• Experience in general insurance operational roles such as underwriting, operations or claims roles highly desirable.
• Experience in general insurance or general insurance broking required.
• Proven knowledge of APRA, ASIC and AFS licensing.
• Outstanding communication, relationship development and stakeholder management abilities.
• Analytical mindset with excellent organizational skills.
• Bachelor’s degree in Finance, Commerce, Business Administration or related field desirable.

Responsibilities

• Respond to questions from the business regarding Compliance activities and provide practical guidance.
• Interpret regulatory requirements and provide clear, practical advice on matters involving APRA, ASIC, AFCA and other authorities.
• Support the management and delivery of the annual Compliance Plan and monitoring calendar.
• Partner with Line 1 Risk and Compliance to embed the Compliance Framework and deliver practical compliance activities.
• Develop, embed and review frameworks, policies, procedures and tools for regulatory obligations; manage conflicts, fraud, complaints and fit and proper requirements.
• Oversee whistleblowing, conduct risk, conflicts of interest, gifts and hospitality, and ethics-related frameworks.
• Deliver 2nd Line tasks including testing and reporting for compliance and regulatory controls.
• Lead or contribute to risk-based compliance reviews, thematic assessments and deep dives; document scope, findings, risk ratings and actions.
• Support risk and business in incidents management, investigations, notifications and remediation; reportability considerations.
• Provide Sanctions and Licensing Clearance advice under Financial Crimes Framework; monitor geopolitical or licensing developments.
• Collaborate across Lines 1 and 2 to strengthen governance and share learnings for monitoring.",
• Support remediation activities for breaches; track corrective actions and report to risk committees.
• Support regulatory change impact assessments across Lines 1 and 2; track requirements and testing outcomes.
• Contribute compliance expertise to cross-functional projects and business change initiatives.
• Engage with regulatory developments to assess impacts on Liberty.

Skills

Business acumen

Investigative skills

Relationship building

Communication skills

Negotiation & problem solving

Influencing skills

Critical thinking

Compliance enforcement

Result orientation

Prioritisation

Analytical skills

Education

Bachelor’s degree in Finance, Commerce, or Business Administration

Job description

Liberty Specialty Markets is seeking a Senior Compliance Specialist in Sydney to embed the Compliance Framework across Australian operations. You will support 2nd Line controls, coordinate with APAC and Global teams, and drive practical compliance activities to align with regulatory obligations.

Key responsibilities include managing the Compliance Plan, engaging with stakeholder groups, and enhancing policies, procedures, and training to mitigate risk.