Wealth Platforms — Risk & Compliance Leader

SMC Executive; City of Melbourne; Hybrid; AUD 180,000 - 240,000; Full time

Benefits offered by this job

Flexible working hours

Hybrid work arrangements

Job summary

SMC Executive is assisting a major financial institution to recruit a Head of Line 1 Risk & Compliance for Wealth Platforms. The role sits at the executive level and focuses on strategic leadership across risk management, governance and regulatory policy within a complex, highly regulated wealth environment.

Based in Melbourne or Sydney with flexible hybrid work, you will shape the risk framework, oversee regulatory change and provide insights to the board.

Qualifications

• Extensive experience leading Line 1 Risk and Compliance functions.
• Strong knowledge of Australia's financial services regulatory landscape.
• Experience interpreting regulatory requirements across complex businesses.
• Deep understanding of risk frameworks, governance, controls and compliance management.
• Proven ability to influence executive stakeholders.
• Exceptional communication and stakeholder management capabilities.
• Strong leadership experience with high-performing teams.
• Commercial acumen balancing risk with strategic objectives.

Responsibilities

• Lead and evolve Wealth Platforms Line 1 Risk, Compliance and Regulatory Policy team.
• Drive ownership and accountability for risk management across the business.
• Oversee regulatory compliance obligations, policies and controls.
• Partner with executives to identify, assess and manage key risks.
• Lead risk profiling, control assurance and incident management.
• Serve as primary contact for regulatory engagement and reviews.
• Oversee regulatory change implementation and embedding of requirements.
• Deliver risk reporting and analysis to executive committees.
• Foster a strong risk culture balancing customer outcomes and commercial goals.
• Build and lead a high-performing team of risk professionals.
• Collaborate with Line 2 Risk, Internal Audit and stakeholders.

Skills

Line 1 Risk & Compliance

Regulatory knowledge

Stakeholder engagement

Leadership

Job description

SMC Executive is assisting a major financial institution to recruit a Head of Line 1 Risk & Compliance for Wealth Platforms. The role sits at the executive level and focuses on strategic leadership across risk management, governance and regulatory policy within a complex, highly regulated wealth environment.

Based in Melbourne or Sydney with flexible hybrid work, you will shape the risk framework, oversee regulatory change and provide insights to the board.