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Head of Financial Markets and Compliance

2 months ago


Sydney, New South Wales, Australia Westpac Full time
{"title": "Head of Financial Markets and Compliance", "content": "Key Responsibilities

As the Head of Financial Markets and Compliance, you will be responsible for providing dedicated compliance support to the Financial Markets and Treasury businesses in Westpac's Institutional Bank (WIB) and Group Treasury divisions.

You will lead the implementation of Westpac's compliance strategy across the Financial Markets (including FICC Sales and Trading, Strategy, Systematic Trading, Analytics & Quants, Business and Consumer Group, Platforms and DCM, Syndicate and Solutions) and Group Treasury businesses.

Key Accountabilities
  • Leading a team, you will be responsible for executing the Compliance functional agenda as it relates to Financial Markets and Treasury businesses, including risk assessment, incident management, monitoring, reporting, training and continuous improvement.
  • Complete a compliance plan and execute on that plan.
  • Provide expert advisory compliance support to those businesses, including working with local heads of Compliance in International offices and locally to ensure a consistent outcome for global businesses.
  • Support to resolve critical compliance business issues and develop appropriate solutions while adopting a continuous improvement approach to enhance overall effectiveness and efficiency.
  • Participate in the regulatory change process to ensure the business you support comply with new or updated obligations.
  • Maintain a detailed understanding of relevant compliance issues; support identification, escalation and remediation of significant issues.
  • Implement effective compliance programs and engage collaboratively with Group Compliance teams to support delivery of Group-wide capabilities.
  • Support the Chief Compliance Officer, WIB, Treasury, Business Bank & Wealth in setting and executing the functional strategy and delivering commitments.
  • Champion the Group Conduct Risk framework and approach.
What's in it for me?

In this role, you will establish yourself as a Trusted Advisor to the Financial Markets and Treasury businesses within WIB. This will be a highly visible role and you will work closely with FM and Treasury business stakeholders including County Heads of Compliance (outside of Australia), Non-Financial Risk, Group Control Room, Surveillance, Group and other divisional Compliance, WIB and Treasury Legal teams, Group Audit, 1st Line Risk, and Regulators.

Through these interactions, you will further expand your professional network and continue to refine your advanced business and commercial acumen.

What do I need?

To be successful in this role, you will have the following:

  • Degree qualified, Minimum of a Bachelor degree
  • 15+ years' compliance experience in large corporations or regulator
  • Prior people management experience
  • Demonstrated experience in managing key stakeholder relationships at a senior level both internally and externally
  • Knowledge of relevant legal and regulatory environments and experience in managing implications across financial services businesses
  • Ability to adapt to rapid digitisation and technology change in financial services
  • Comprehensive knowledge of compliance developments to identify emerging risks that may affect the business today or in the future
  • Operates effectively in a fast-paced and changing environment
  • Be comfortable in working with complexity and ambiguity
  • Influencing skills
  • Strong written and oral communication skills
What is it like to work at Westpac?

For the past 200 years, we've been backing people, businesses, communities, and ideas. As Australia's first bank, we've adapted and evolved, inspired by our customers and a genuine desire to create better futures.

Together, we're creating better futures for all our people, customers, communities, and shareholders. This has been our enduring Purpose.

  • We inspire our people and together we are creating better futures. It's our passion for embracing diversity and creating opportunities that enables them to dream big and fulfil their potential.
  • We empower our customers. It's our strength, agility and heart that gives them the confidence to navigate change and forge new paths. Empowered, our customers are creating better futures.
  • We make change happen in the community. It's our shared vision of a safer, greener and more inclusive world that sees us back new ideas, innovations and individuals who are creating better futures.
  • We deliver for our shareholders by creating better futures together. It's our ability to generate value for this generation and the next, which makes our shareholders proud to invest in us.
How do I apply?

Start here. Select the APPLY or APPLY NOW button.

At Westpac, we are committed to providing a supportive culture and creating diverse, inclusive, and accessible workplaces, branches, products and services for our customers, employees, and community. This role is open to experienced candidates seeking a discussion around workplace flexibility. We invite candidates of all ages, genders, sexual orientation, cultural backgrounds, people with disability, neurodiverse individuals, and Indigenous Australians to apply. If you have questions about the recruitment process, please email.

Do you need reasonable adjustments during the recruitment process?

We can provide reasonable adjustments for individuals with disability and/or neurodiversity. If you require an adjustment to be made during the recruitment process at any stage, please call Option 2.3 or email.

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