Senior Regulatory Compliance Specialist

Regulatory Compliance Senior Manager

This is a senior regulatory compliance role that will involve assisting in the effective mitigation of regulatory compliance risks through the oversight and maintenance of adequate systems and controls.

The ideal candidate will have previous financial regulation advisory experience or experience working in a Compliance/Legal department, Risk and Controls function or in a consultancy environment.

• Provide advice and guidance to other teams and key stakeholders regionally and globally on Australian Financial Services License (AFSL) requirements as they relate to managed investment schemes and payments products, relevant consumer protection and conduct regulations (e.g. RG271, Design and Distribution Obligations etc.) as well as related policies and procedures.
• Provide adequate challenge to first line teams on the development of controls and provide approvals on any control changes, new products or features.
• Lead the development and maintenance of the Regulatory Compliance oversight framework, including ongoing updates to relevant local Regulatory Compliance policies and procedures.
• Represent regulatory compliance oversight both internally and externally to regulators, auditors and partners as required, showcasing the strong oversight compliance framework.
• Execute and enhance quarterly monitoring across key risk areas.
• Review and challenge the company's Regulatory Compliance Risk Assessment, and prepare committee and board papers.
• Proactively identifying key areas of risk and work with first line teams to develop mitigation plans.
• Maintain obligations documentation, local policies and local addendum of global policies, and oversight on state of compliance.
• Support regulatory change management process by maintaining oversight of implementation of such developments and undertake compliance assessment to establish applicability and make updates.
• Perform breach assessments on incidents and complete regulatory reports as applicable.
• Undertake strategic initiatives to enhance the compliance management framework as directed by the Head of Compliance Australia and New Zealand.
• Support the Pacific compliance team's operation by enabling efficient and productive planning and ongoing program execution oversight, and actively identify and execute on areas of improvement to enable productivity and scalability.

• Previous financial regulation advisory experience or experience working in a Compliance/Legal department, Risk and Controls function or in a consultancy environment.
• Familiarity with regulations and regulatory guides as they relate to AFSL and limited ADI (PPF).
• Ability to analyze and interpret complex regulatory frameworks and apply them effectively.
• Ability to effectively communicate with Product Managers and Engineers and provide practical, actionable, and value-added recommendations.
• Ability to project manage complex programs of work and engage with senior stakeholders.
• Strong presentation skills.
• Problem-solving attitude, with the ability to use regulations together with data to drive business decisions.
• Experience (or interest) in working in a fast-growing environment.
• Role may require occasional travel to Wise offices located in different countries.
• Must have the legal right to work in Australia.

We are an international team dedicated to building money without borders — without judgement or prejudice, too. We believe teams are strongest when they are diverse, equitable and inclusive.

We celebrate our differences and promote a culture where every member feels respected, empowered to contribute towards our mission and able to progress in their careers.

If you want to find out more about what it's like to work at Wise visit Wise.Jobs.

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