Senior Risk and Compliance Specialist

Insignia Financial Ltd; Sydney; Hybrid; AUD 140,000 - 210,000; Full time

Job summary

IOOF Holdings Limited in Sydney, NSW, AU, is seeking an experienced risk and compliance professional to partner with business units within the Wrap Platforms line, ensuring key risks and obligations are managed to protect client outcomes.

You will provide guidance on risk, controls, and governance, support incident handling, and help embed a strong risk culture across a large, dynamic business.

Qualifications

• 5+ years risk / compliance experience ideally within financial services.
• Ability to coach and mentor team members.
• Strong knowledge of risk management concepts, frameworks and standards.
• Excellent written and verbal communication including board papers.

Responsibilities

• Drive, coordinate and support risk and compliance services within Wrap Business Line.
• Provide insights into emerging risks and areas for improvement.
• Provide risk, control and compliance advice and guidance.
• Provide 1st Line risk and compliance support on incidents, breaches and issues.
• Facilitate risk and controls reviews against business objectives and processes.
• Support understanding of obligations and ensure appropriate controls exist.
• Perform testing of controls and other 1st line assurance activities.
• Chair governance forums and committees as required.
• Embed risk and compliance culture across the Wrap Business Line.
• Contribute to drafting and reviewing risk and compliance materials for governance forums.

Skills

Risk & compliance experience

Coaching / mentoring

Regulatory knowledge

Stakeholder engagement

Analytical thinking

Communication skills

Education

Tertiary qualification in Business/Finance/Law

Job description

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SYDNEY, NSW, AU, 2000 MELBOURNE, VIC, AU, 3008

Employment Type: Permanent Full Time

The opportunity to join our team

Reporting to the Head of Risk and Compliance (Wrap), this role is responsible for partnering with one or more business units within the MLC Expand Wrap Business Line, to provide quality and timely risk and compliance services. This role supports the Wrap Platforms business in ensuring they manage their key risks and compliance obligations, thereby protecting the client and member outcomes.

Key Responsibilities:

• Drive, coordinate and support in the provision of business aligned quality and timely risk and compliance services within the Wrap Business Line.
• Provide insights into emerging risks and areas for improvement.
• Provide risk, control and compliance advice and guidance.
• Provide 1st Line risk and compliance support on incidents, breaches and issues.
• Facilitate the identification and assessment of risks and controls against business objectives and core processes, including facilitating regular reviews and updates.
• Facilitate the understanding of, and adherence to, obligations aligned to processes. Support obligation owners in determining whether appropriate controls exist to manage compliance.
• Perform testing of the design and operating effectiveness of key risk and obligation related controls, and other 1st line assurance activities as required.
• Chair forums, working groups, committees as required, including supporting the effective management of these governance forums.
• Proactively embed and improve risk and compliance culture across the Wrap Business Line.
• Provide input into the drafting and review of risk and compliance matters for forums, committees, boards and other governance forums.

What you will bring

• Tertiary qualification in a relevant field required (Business, Finance or Law related discipline).
• 5+ years risk / compliance experience ideally within financial services.
• Experience in coaching and mentoring other team members is an advantage.
• Sound knowledge of risk management concepts, frameworks, and standards.
• Strong understanding of the Australian regulatory landscape.
• Change management experience in relation to risk and compliance frameworks is highly desirable.
• Advanced ability to research, interpret and advise on complex risk and compliance requirements and scenarios.
• Strong business engagement skills and ability to influence and build trusted relationships.
• Exceptional interpersonal, written, and verbal communications (including the ability to draft and review board level papers).
• Ability to operate effectively with the ambiguity associated with a large, complex and dynamic business.

Applicants will be required to provide evidence of their eligibility to work in Australia, and at a minimum be required to undertake police and basic credit checks as a condition of employment.

Please note that applications from agencies will not be considered at this time.

We acknowledge and celebrate the richness that individual differences bring to our team. If you need assistance or an adjustment during the application process, please reach out and let us know.