Director of Risk Governance

6 days ago


Melbourne, Victoria, Australia netwealth Full time

About Netwealth: A catalyst for change

Netwealth is more than a company; it is a driving force behind innovation, inspiring a new perspective on wealth and a brighter future for everyone involved. Our cutting-edge wealth management platform reflects our commitment to excellence and forward-thinking technology.

Founded in 1999, Netwealth has grown rapidly, driven by an entrepreneurial spirit that encourages us to challenge the status quo. We have adapted to meet the evolving needs of our clients through agile and nimble approaches.

We are a collective of passionate individuals dedicated to making life better for more Australians. Our values—Curious, Optimistic, Courageous, Collaborative, Agile, and Genuine—are the guiding principles that shape our decisions and define how we present ourselves to the world.

The Opportunity:

We are seeking an experienced Director of Risk Governance to oversee and ensure effective and compliant distribution governance operations at Netwealth. This pivotal role involves managing the Service, Administration and Support (SAS) department's adherence to the fraud prevention framework, and ensuring compliance with AML/CTF operational obligations, including customer KYC and ongoing transaction monitoring.

In this newly created role, you will be responsible for timely addressing and reporting all risk and compliance issues, including those related to fraud, privacy, and processes. You will collaborate closely with Netwealth Management and the Legal, Risk, and Compliance teams to identify risks, implement controls, and develop comprehensive reporting for the board, committees, the Executive, and management.

You will lead a diverse team, providing mentorship and coaching to ensure seamless operations and adherence to governance policies. You will also offer expert advice and guidance on complex queries and risk and compliance matters, playing a key role in safeguarding our organisation's integrity and reputation.

About You:

  • Risk and Compliance expertise
  • Strong superannuation knowledge
  • Investments, IDPS, and Managed Accounts experience
  • A strong understanding of the legislative landscape and upcoming reforms
  • AFCA and regulatory experience

Life At Netwealth:

We prioritise the growth of our employees and provide access to further education and diverse training opportunities. We actively support internal mobility and encourage collaboration across departments.

We have a flexible and adaptable hybrid working policy, with the expectation that you'll spend four days a fortnight coming into our state-of-the-art office. We offer modern end-of-trip facilities and breakfast daily.

We have a range of benefits designed to support your health and well-being, including discounted gym memberships, income protection, flu shots, wellness weeks, shopping and retail discounts, and access to financial wellbeing services.

We're a social bunch and enjoy participating in corporate sporting events, games, and trivia nights. Our employee resource groups include LGBTQIA+, Women of Netwealth, Culture Group, and Carers Group.



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