Financial Services Compliance Expert

Overview

We are seeking a seasoned compliance expert to join our Local Programs and Regulatory Compliance team. This individual will be responsible for ensuring compliance with local laws and regulations in the countries where we operate.

The successful candidate will work closely with the regional Compliance VP, AMLCO, and other stakeholders to support a top-of-class Compliance program. Responsibilities include monitoring and managing compliance with AFSL obligations, advising the business on day-to-day compliance matters, reviewing and submitting reconciliations and regulatory reports, and liaising with compliance officers globally on business activities conducted across different countries.

This role requires strong leadership and management skills, as well as expertise in derivatives compliance and associated reporting. The ideal candidate will have a deep understanding of ASIC and AUSTRAC requirements and be able to analyze and interpret applicable legislation in the field of financial services/technologies.

The successful candidate will be an integral part of our Compliance function in Australia and will have opportunities to grow and develop their skills within the company.

Key Responsibilities:

• Monitor and manage compliance with AFSL obligations
• Advise the business on day-to-day compliance related matters
• Assist in the review and submission of reconciliations and regulatory reports
• Liaise with compliance officers globally on business activities conducted across different countries
• Provide advice on new products and new business structures
• Manage internal compliance operational controls and carry out assessments as required
• Monitor services provider SLAs and provide feedback where needed
• Handle regulatory inquiries
• Handle bankruptcy requests, deceased estate requests and Centrelink cases
• Handle internal and external escalated disputes including AFCA liaison
• Perform compliance assessments of digital assets
• Assist with third party due diligence processes
• Review marketing materials
• Review and advise on escalated financial crime cases
• Develop and maintain compliance policies and procedures
• Assist in updating the compliance program and work plan on a regular basis
• Update the business on regulatory changes
• Support reviews, audits and inspections from external parties, including regulators, and ensuring relevant findings are remediated appropriately
• Support preparation of management and board reporting that includes insights and analysis based on industry-leading knowledge of regulatory compliance topics
• Assist in responses to industry consultations on digital asset regulation
• Assist in handling various compliance projects
• Ensure staff adherence to company policies and procedures
• Promote compliance awareness and provide compliance training where needed
• Perform duties and provide support as 2IC for the Australian compliance team

Requirements:

• A minimum of 10 years' experience in financial services compliance
• Bachelor's degree and RG146 compliance; ACAMS certification preferred
• Working knowledge of AFSL obligations, derivatives compliance and associated reporting
• Leadership and management skills including experience managing a team
• Familiarity with ASIC and AUSTRAC requirements a must
• Familiarity with RBA and APRA requirements preferred
• Knowledge of the applicable contemporary practices in the field of Compliance, including but not limited to understanding of regulatory matters regarding AFSL and AML legislative and regulatory requirements
• Ability to read, analyse and interpret applicable legislation in the field of financial services/technologies
• Ability to write briefs, reports and business correspondence
• Strong presentation and verbal communication skills to liaise with people at all levels both inside and outside the organisation
• Team player, self-motivated, dependable, adaptable and detail-oriented individual with analytical, writing and organisational skills required
• Excellent time management skills and ability to manage deadlines
• Ability to prioritise and act fast; ability to work well under pressure and to manage multiple tasks simultaneously
• Ability to pick up new ideas and concepts quickly
• Crypto and blockchain knowledge is highly desirable and an interest in cryptocurrency and the fintech ecosystem is a must
• Advanced computer literacy including regulatory portals, CRM, spreadsheets, PowerPoint and word processing
• An inquiring mind and methodical approach with high attention to detail