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Regulatory Initiatives Partner
1 month ago
We are seeking a highly skilled and experienced Partner - Regulatory Initiatives to join our team at RAC Insurance Pty Limited. As a key member of our organization, you will play a critical role in helping us maintain a robust risk culture and ensure compliance with regulatory requirements.
Key Responsibilities:- Monitor and assess regulatory changes to ensure RAC Insurance adapts swiftly to maintain compliance.
- Engage with stakeholders, build awareness, and drive the implementation of regulatory changes.
- Maintain and communicate a detailed plan for upcoming regulatory changes to stakeholders.
- Provide advice in risk workshops, aiding in the understanding and documenting of compliance impacts.
- Support business leaders in identifying and implementing controls to meet regulatory requirements.
- Seek legal advice when necessary to ensure compliance accuracy and update registers accordingly.
- Stay informed about national and international regulatory trends impacting the insurance sector.
- Lead, coach, and develop a team of Senior Risk and Compliance Advisors to foster growth and performance.
- Provide oversight and reporting on Risk and Compliance performance from senior management to board level.
- Build and maintain strong relationships with internal and external stakeholders.
- Attend regulatory seminars and stay current on regulatory communications and trends.
We are looking for a candidate with significant experience leading risk and/or compliance teams in financial services or regulated industries, with a preference for insurance exposure. The ideal candidate will have strong strategic thinking, critical judgment, and problem-solving skills, as well as excellent ability to simplify complex compliance requirements for practical application.
The successful candidate will also have proven experience in writing reports for Senior Management and Boards, demonstrated ability to influence, communicate, and manage diverse workloads effectively, and in-depth knowledge of APRA Prudential Standards, Insurance Contracts Act, Corporations Act, and ASIC Regulatory Guidelines.
Tertiary qualifications in Insurance, Risk Management, or a related field are desirable, as is membership in relevant professional bodies.
What We Offer:We offer a collaborative and supportive work environment, where professional growth and development are encouraged. Our employees enjoy a range of benefits, including free Roadside Assistance and discounts on RAC products and services, opportunities for community engagement and corporate volunteering, and a workplace culture where our people feel valued, respected, and empowered.
We are committed to making a positive impact on the future of insurance in Australia and are seeking a talented and motivated individual to join our team.
