Senior Risk & Compliance Specialist - Regulatory

26RACIA RAC Insurance Pty Limited; Perth; On-site; AUD 120,000 - 160,000; Full time

Benefits offered by this job

Free roadside assistance

Discounts on RAC products and services

Community volunteering opportunities

Career development

Job summary

RAC Insurance Pty Limited in Perth seeks a Senior Risk & Compliance Specialist (Regulatory) to strengthen risk and compliance capability, partnering with stakeholders to embed risk management and support informed decisions.

You will advise accountable persons on FAR obligations, monitor regulatory developments, and champion risk-aware culture within the organisation. This pivotal role reports to the Business Risk & Compliance team.

Qualifications

• Experience in risk management and/or compliance, preferably within insurance or financial services.
• Solid understanding of regulatory and legislative frameworks.
• Knowledge of APRA Prudential Standards, ASIC requirements, Financial Accountability Regime (FAR) and broader financial services regulation will be highly regarded.
• Experience implementing APRA CPS 230 requirements and operational resilience frameworks would be an added advantage.
• Strong analytical and problem-solving skills, with the ability to provide practical, business-focused solutions.
• Excellent stakeholder engagement and communication skills.
• The ability to influence, educate and simplify complex risk and compliance concepts.
• Strong organisational skills with the ability to manage competing priorities and deadlines.
• A continuous improvement mindset and a passion for building capability in others.

Responsibilities

• Providing advice and support to Accountable Persons regarding their obligations under the FAR.
• Advising business stakeholders on regulatory and legislative compliance requirements.
• Acting as the primary liaison between business areas and the FAR Office Committee.
• Maintaining accountable person registers, governance records and regulatory submission registers.
• Partnering with business leaders, risk owners and control owners to strengthen risk management practices.
• Facilitating strategic and operational risk reviews and supporting risk-based decision making.
• Monitoring key risks, controls and compliance obligations, identifying trends and opportunities for improvement.
• Conducting control design effectiveness reviews and supporting remediation activities.
• Providing risk and compliance advice on projects, business initiatives and process changes.
• Supporting business continuity planning and risk reporting activities.
• Reviewing regulatory developments and assisting the business in responding to changing obligations.
• Educating and coaching stakeholders to strengthen risk awareness and accountability across RAC Insurance.

Job description

With over 1.3 million members RAC is one of WA's most iconic and trusted brands. We are a purpose-led member organisation striving to create greater value for our members and deliver on our purpose to be "The driving force for a better WA."

As a Senior Risk & Compliance Specialist (Regulatory), you'll play a key role in strengthening our risk and compliance capability, partnering with stakeholders across the business to embed effective risk management practices and support informed decision-making.

Reporting into our Business Risk & Compliance team, you'll provide trusted advice and guidance to leaders across RAC Insurance, helping them understand and manage their risk and compliance obligations.

You'll work closely with Accountable Persons, governance committees and regulators to ensure RAC Insurance meets its obligations while maintaining a strong risk culture.

Key responsibilities include:

• Providing advice and support to Accountable Persons regarding their obligations under the Financial Accountability Regime (FAR).
• Advising business stakeholders on regulatory and legislative compliance requirements.
• Acting as the primary liaison between business areas and the FAR Office Committee.
• Maintaining accountable person registers, governance records and regulatory submission registers.
• Partnering with business leaders, risk owners and control owners to strengthen risk management practices.
• Facilitating strategic and operational risk reviews and supporting risk-based decision making.
• Monitoring key risks, controls and compliance obligations, identifying trends and opportunities for improvement.
• Conducting control design effectiveness reviews and supporting remediation activities.
• Providing risk and compliance advice on projects, business initiatives and process changes.
• Supporting business continuity planning and risk reporting activities.
• Reviewing regulatory developments and assisting the business in responding to changing obligations.
• Educating and coaching stakeholders to strengthen risk awareness and accountability across RAC Insurance.

What you'll bring

• Experience in risk management and/or compliance, preferably within insurance or financial services.
• A solid understanding of regulatory and legislative frameworks.
• Knowledge of APRA Prudential Standards, ASIC requirements, Financial Accountability Regime (FAR) and broader financial services regulation will be highly regarded.
• Experience implementing APRA CPS 230 requirements and operational resilience frameworks would be an added advantage.
• Strong analytical and problem-solving skills, with the ability to provide practical, business-focused solutions.
• Excellent stakeholder engagement and communication skills.
• The ability to influence, educate and simplify complex risk and compliance concepts.
• Strong organisational skills with the ability to manage competing priorities and deadlines.
• A continuous improvement mindset and a passion for building capability in others.

What can we offer you?

• A workplace culture where our people feel valued, respected, and empowered.
• Work in flexible ways that meet work/life commitments and support wellbeing.
• Be part of a purpose-led organisation that gives back to the WA community.
• An environment that values ongoing career development.
• Free Roadside Assistance and discounts on RAC products and services including Insurance, holiday Parks and Resorts, Security, Finance and Auto Services.
• Opportunities for community engagement and corporate volunteering.

Applications Close COB Monday 19th October 2026.

#BetterJourneysRAC #LI-LH1

RAC is a purpose-led member organisation. Established in 1905, RAC has evolved into one of the most trusted organisations in the state, with more than 1.3 million members. At RAC we don't have shareholders. That means we reinvest our profits for the better of our members and our State. Our Purpose is to be the driving force for a better WA. Our Vision to 2030 is to create a safer, sustainable and connected future for Western Australians. Our Mission is delivering great member services and experiences, whilst inspiring positive community change that makes life better in WA.

RAC is an equal opportunity employer. We continue to build an inclusive workplace where we respect and celebrate differences. We encourage applications from diverse groups including Indigenous and Torres Strait Islander people, physical ability, all ages, LGBTQI+ identities, all languages and diverse cultures and backgrounds.

For any assistance please contact [e-mail]