Regulatory Risk Advisor

2 weeks ago


Perth, Western Australia beBeeCompliance Full time $86,000 - $118,000
Compliance Consultant Job Description

Job Summary:

The Compliance Consultant will play a key role in driving HIF's strategic and other business objectives by supporting effective compliance management through the maintenance and continuous improvement of HIF's Compliance Management Policy (CMP), a critical component of HIF's Risk Management Framework (RMF).

Key Responsibilities:

  • Assist with the effective implementation of HIF's CMP across the organisation.
  • Develop and implement relevant policies, procedures and tools to facilitate effective compliance and obligation management.
  • Review operational business processes to identify potential compliance risks or inefficiencies in controls and suggest suitable process improvement initiatives.
  • Monitor, manage and report on compliance risks, including actions taken, where material control deficiencies or breakdowns have been identified.
  • Effectively assess, classify and manage reported incidents and breaches.
  • Regularly monitor and report on amendments to regulatory and compliance obligations, and any emerging issues and trends.
  • Ensure all applicable obligations are integrated into the business to meet regulatory, legislative and business requirements.
  • Create, maintain, schedule and deliver compliance management training and awareness initiatives.
  • Conduct second line reviews of amendments to member content, e.g. marketing materials, communications and knowledge base articles, providing feedback and advice to relevant stakeholders.

Requirements:

  • Excellent verbal and written communication skills, with the ability to engage and influence stakeholders across all levels of the business.
  • Strong analytical and problem-solving capabilities, with a keen eye for detail.
  • Solid understanding of compliance management standards, frameworks, tools and best practices.
  • Proven ability to interpret and apply legislation, regulations and industry codes.
  • Familiarity with the Australian Standard for Compliance Management Systems (AS ISO 37301:2021).
  • Knowledge of private health insurance compliance and regulatory requirements, or experience in the financial services sector, or other highly regulated industries.
  • Demonstrated experience in developing, implementing and continuously improving compliance management frameworks.
  • Minimum of 2 years' experience in a compliance related role.

Benefits:

  • 13% superannuation.
  • Subsidised health insurance cover.
  • Flexibility of Working from Home (WFH) days, 9 Day Fortnight and Additional Purchased Leave.
  • Professional Development and Training opportunities including study assistance.
  • Heaps of great social events with our Social Club.
  • Paid day off for your Birthday.
  • Perks such as bring your dog to work day, team building, lunch and learns, treat carts and more.

Why Work with Us:

We are a tight-knit team of individuals who love what we do. We are a not-for-profit, member-focused health insurer with a passion for helping our community live healthy lives. Join our modern Community-focused Hub, with excellent public transport links, just a stone's throw from Perth city centre, and make a positive impact on the health and wellbeing of our members.


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