Senior Regulatory Compliance Specialist

We are seeking a talented professional to join our Risk & Compliance Team. This is a hybrid role, working at least two to three days a week in our offices based in Sydney or Melbourne.

The Regulatory Governance Office is responsible for ensuring our organisation meets its obligations under various regulatory frameworks including CPS 511, FAR, and Fit and Proper.

This role provides comprehensive support to ensure all compliance processes, documentation, data, and reporting mechanisms are effectively maintained and aligned with regulatory requirements.

Support a culture of regulatory compliance and continuous improvement by identifying process enhancements and efficiency gains in compliance administration relating to CPS 511, FAR, and Fit and Proper, adapting to industry trends and evolving regulatory requirements for optimal operational effectiveness.

Key Responsibilities:

• Manage and coordinate all administrative and operational duties related to AFSL, FAR, and CPS 511 requirements, ensuring documentation, artifacts, and records are accurately maintained and accessible.
• Assist in monitoring compliance with CPS 511, FAR, and Fit and Proper processes by tracking relevant data and ensuring that any compliance gaps are addressed through the preparation of compliance reports for internal stakeholders and providing regular updates to senior management on key compliance areas.
• Assist in managing any incidents related to FAR, CPS 511, or Fit and Proper by systematically collecting, tracking, and distributing information to ensure documentation is accurate, corrective actions are tracked, and reports are submitted to relevant stakeholders.
• Provide administrative support for training and awareness initiatives related to FAR, CPS 511, and Fit and Proper to ensure that relevant persons are well-trained and aware of their responsibilities by organising training sessions and distributing educational materials.
• Conduct regular assessments of information and data quality related to FAR, CPS 511, and Fit and Proper, implementing corrective actions as needed to maintain high standards of accuracy and reliability.
• Support the development of operational processes to enhance efficiency within the Office to ensure improvements in information gathering and reporting related to regulatory requirements by identifying and implementing effective solutions.
• Benchmark current practices against industry standards and best practices to identify opportunities for continuous improvement in governance, compliance processes, and risk management by analysing gaps and recommending enhancements.

Requirements:

• Experience in regulatory compliance or governance, preferably within a large organisation.
• Experience in interpreting regulation and drafting formal corporate documentation, including procedures.
• Experience in interpreting legal requirements of legislation.
• Demonstrated ability to develop detailed knowledge of business processes.
• Strong communication skills, both written and oral.
• Prior knowledge and experience of FAR &/or BEAR is desirable.

Why this Role:

This role offers an exciting opportunity to work in a dynamic team, contributing to the development of regulatory compliance and governance processes. You will have the chance to make a real impact by identifying and implementing process enhancements, supporting training and awareness initiatives, and assisting in incident management.

About Us:

We are a leading organisation committed to creating a diverse, inclusive, and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion, and beliefs.