Senior Compliance 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

Role Title: Senior Compliance Specialist

Department: Compliance

Location: Sydney, Australia

Type: Permanent

Job Summary:

• With minimal supervision, the Senior Compliance Specialist will focus on embedding the Compliance Framework, a core pillar of how Liberty manages our risks, undertaking 2nd Line of Defence controls across the Australian operations and performing compliance activities to support adherence to local and global obligations. This role will work closely with the LII APAC Compliance team and the LM Global Compliance and Ethics team to support the alignment of goals and delivery of shared activities.
• The role will contribute to Compliance team priorities and work collaboratively across the broader Integrated Assurance environment, supporting practical and consistent management of compliance risk.
• This role will also contribute to the Integrated Business Unit activities to support the organisation in achieving their strategic objectives and provide a best customer experience.

General information

Country: Australia

Creation Date: 02-Oct-2026

Employment Type: Permanent

Employment Type: Full time

Ref #: 1234573252

Description & Requirements

Role Title: Senior Compliance Specialist

Department: Compliance

Location: Sydney, Australia

Type: Permanent

Job Summary:

• With minimal supervision, the Senior Compliance Specialist will focus on embedding the Compliance Framework, a core pillar of how Liberty manages our risks, undertaking 2nd Line of Defence controls across the Australian operations and performing compliance activities to support adherence to local and global obligations. This role will work closely with the LII APAC Compliance team and the LM Global Compliance and Ethics team to support the alignment of goals and delivery of shared activities.
• The role will contribute to Compliance team priorities and work collaboratively across the broader Integrated Assurance environment, supporting practical and consistent management of compliance risk.
• This role will also contribute to the Integrated Business Unit activities to support the organisation in achieving their strategic objectives and provide a best customer experience.

Job Responsibilities

• Respond to questions from the business regarding Compliance activities and provide practical guidance, escalating complex or material matters as appropriate.
• Interpret regulatory requirements and provide clear, practical advice on matters involving APRA, ASIC, AFCA and other relevant authorities, including supporting regulatory notifications, information requests, reviews and examinations.
• Support the management and delivery of the annual Compliance Plan and monitoring calendar, aligned to business priorities and risk appetite.
• Partner with Line 1 Risk and Compliance to embed the Compliance Framework and deliver practical compliance activities that support effective risk management and help the business achieve its strategic objectives.
• Support the development, embedding and ongoing review of frameworks, policies, procedures and tools used to manage the business's compliance and regulatory obligations, and perform associated compliance activities including conflicts, fraud, complaints and fit and proper requirements.
• Assist with the administration and oversight of whistleblowing, conduct risk, conflicts of interest, gifts and hospitality, and other ethics-related frameworks.
• Deliver 2nd Line tasks as part of the Compliance Framework and the monitoring and supervision program for Liberty and our Service Provider network. This includes supporting the implementation and ongoing management of Compliance and Regulatory controls, maintaining registers, performing control testing and preparing reporting to support compliance with internal policies, procedures, legislation and regulation.
• Lead or contribute to risk-based compliance reviews, thematic assessments and targeted deep dives, clearly documenting scope, findings, risk ratings and agreed actions.
• Support Risk and the business in the management of incidents and events for Liberty and our Service Provider network, including investigation, monitoring, recording, escalation, deep-dive and root cause analysis. Play a lead role in the management of compliance and regulatory incidents and events, working with relevant stakeholders to assess actual or potential breaches, including their significance and reportability, support timely regulatory notifications and internal reporting, and drive appropriate remediation, verification of effectiveness and closure.
• Provide Sanctions and Licensing Clearance advice as part of the Financial Crimes Framework, including escalating requests of concern, supporting reporting and stakeholder engagement, delivering activities in a timely manner in response to evolving geopolitical or licensing developments, and identifying opportunities to uplift business knowledge.
• Play an active role in the Compliance Community across Lines 1 and 2 to support a cohesive approach to compliance risk management, shared outcomes and the use of learnings to strengthen the monitoring and supervision program.
• Support remediation activities for compliance breaches, including root cause analysis, corrective action tracking, timelines and verification of effectiveness, and prepare reports containing key metrics, status updates and recommendations for management and risk committees.
• Support regulatory change impact assessments and implementation activities across the 1st and 2nd Lines, including tracking requirements, owners, timelines and testing outcomes.
• Contribute Compliance subject matter expertise to cross-functional business change projects and Integrated Business Unit activities, escalating significant issues or decisions as appropriate.
• Work with or on behalf of the Compliance team on projects and activities responding to regulatory change, group initiatives or operational improvements that strengthen governance, risk and compliance controls.
• Research and maintain knowledge of financial services industry with regards to current and emerging regulations, standards and guidelines so that we can assess their impact on Liberty.
• Identify opportunities to uplift compliance-related training, assist in developing or sourcing appropriate solutions, and work with the business to support or deliver training.
• Demonstrating behaviour at all times in line with the Liberty core values.
• Take responsibility and show initiative in the development of your technical and soft skills.
• Continue to seek improvement of the product and of self by the continuous improvement of practices and processes.
• Perform other related duties across the Risk and Governance pillars as assigned by your manager or other appropriate officer

Key Skills

• Business, financial and market acumen awareness/understanding
• Advanced investigative, inquisitorial, assessment, interpretation and research skills
• Advanced relationship building skills
• Advanced verbal and written communications and presentation skills
• Advanced negotiation, planning and problem solving skills
• Advanced influencing skills
• Advanced decision making skills and critical thinking ability
• Proven ability to enforce compliance with laws and Liberty business values
• Demonstrated ability to drive for results and focus on outcomes
• Strong prioritisation skills
• Advanced analytical skills

Job Experience & Qualification Requirements

• 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, strong knowledge of industry processes and regulations, in particular experience with APRA and ASIC and AFS licensing.
• Outstanding communication, relationship development and key stakeholder management abilities.
• An analytical mindset with excellent organizational skills.
• Bachelor's degree in Finance, Commerce, Business Administration or other relevant field highly desirable.