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Head of Risk and Compliance

4 weeks ago


Sydney, New South Wales, Australia at Full time

Add expected salary to your profile for insights

The Head of Operational Risk and Compliance will serve as a key strategic leader at Plenti, responsible for shaping and advancing Plenti's risk management and compliance framework. Reporting directly to the Chief Risk Officer, this pivotal role involves designing, implementing, and coordinating a comprehensive risk and compliance program uniquely tailored to Plenti's regulatory landscape and business objectives.

The ideal candidate will bring at least 10 years of relevant experience in risk and compliance management, coupled with a thorough understanding of the Australian regulatory environment, including ASIC, OAIC, AUSTRAC, and ACCC. Alongside a proven history in risk assessment, control design, and compliance obligation management, you will lead and mentor a dedicated team responsible for executing effective risk management policies and procedures that comply with relevant laws and partner contractual obligations.

Your proactive communication skills will be crucial, as you will be responsible for conveying risk and compliance issues to executive leadership and the board. By leveraging your expertise, you will not only safeguard Plenti's operations but also bolster its reputation as a responsible and compliant credit provider in the Australian market, fostering a culture of compliance and continuous improvement across the organisation.

Key Responsibilities:

Develop, maintain, and manage the operational risk and compliance program at Plenti

Collaborate with key stakeholders across the business to ensure a shared understanding of risk and compliance obligations

Monitor changes within the regulatory environment, working with legal and relevant product heads to interpret obligations and establish suitable controls, testing, and reporting mechanisms

Develop and manage policy changes and compliance registers across the organisation

Partner with Learning and Development to produce and deliver relevant risk and compliance training, promoting a proactive compliance culture

Conduct risk assessments and audits to identify gaps in control effectiveness and non-conformities, working with product heads to manage any ongoing issues

Prepare and present reports at all levels of the organisation detailing the performance of compliance, controls, and incident management

Assist with root cause analyses of operational incidents and recommend corrective actions

Lead or assist in internal investigations related to risk and compliance issues

Develop and maintain strong external relationships with key regulators and auditors

Build and mentor a high-performing team of risk and compliance professionals

Champion risk and compliance across the organisation, fostering a culture of continuous improvement

Collaborate with business units to identify and manage functional and enterprise-level risk registers and controls

Key Qualifications:

Bachelor's degree in Business, Finance, Risk Management, or a related field

10+ years of experience in operational risk management, internal audit, or compliance

Strong knowledge of risk assessment methodologies, control testing, and incident management

In-depth understanding of the Australian regulatory landscape, including ASIC, OAIC, AUSTRAC, and ACCC.

Proficiency in risk management and compliance tools and software

Excellent analytical, organisational, and decision-making skills

Proven experience in leading and developing teams

Strong ability to manage cross-functional teams and influence stakeholders without direct authority

Exceptional communication skills, particularly for conveying complex information clearly and effectively to executive and board-level stakeholders

Proactive and organised approach to managing obligations and compliance

Keen attention to detail with a proactive attitude toward risk identification

Strong verbal and written communication skills

Ability to foster strong working relationships both within Plenti and with external stakeholders

Strategic thinker with the ability to translate data insights into actionable business strategies

Reporting Relationships: This position will report directly to the Chief Risk Officer.

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Your application will include the following questions:Which of the following statements best describes your right to work in Australia? What's your expected annual base salary? How much notice are you required to give your current employer?

Plenti is building Australia's best lender.

Our smart technology offers faster and fairer auto, renewable energy and personal loans to help borrowers bring their big ideas to life. We've also helped more than 27,000 investors earn strong, stable returns by investing in loans to creditworthy Australians.

We've originated more than $3.5 billion in loans since establishment, with our strong growth supported by diversified distribution channels and funding, and underpinned by our exceptional credit performance and continual innovation.

Plenti is building Australia's best lender.

Our smart technology offers faster and fairer auto, renewable energy and personal loans to help borrowers bring their big ideas to life. We've also helped more than 27,000 investors earn strong, stable returns by investing in loans to creditworthy Australians.

We've originated more than $3.5 billion in loans since establishment, with our strong growth supported by diversified distribution channels and funding, and underpinned by our exceptional credit performance and continual innovation.

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