Compliance Analyst

Key Line 2 Compliance role
- Strategic role with various opportunities for progression
- Be part of a growing team with reach across the business

With over 1.2 million members RAC is one of WA’s most iconic and trusted brands. We are a purpose-led member organisation striving to create greater value for our members and deliver on our purpose to be “The driving force for a better WA.”

The RAC Insurance Risk and Compliance Team is a Line 2 team who support the RAC Insurance business. We provide advice and guidance to facilitate informed risk-based decision making. This enables better business and member outcomes and protects our licence to operate.

The core accountabilities and activities include:

- Mapping of obligations, processes, and controls to proactively identify any control gaps or weaknesses
- Assist with the design of appropriate controls to minimise regulatory breaches
- Review and monitor overall adherence to RAC Insurance Compliance Management Framework
- Complete periodic assurance reviews and deep dives of key compliance procedures
- Complete periodic reviews of compliance training content based on incident data insights to continually uplift quality of training
- Complete periodic reviews of knowledge centre articles to ensure those related to our compliance obligations are accurate and aligned to training and quality assurance activities
- Identify and implement areas of improvement to ensure ongoing compliance with RAC Insurance obligations
- Provide advice to the business on remedial and rectification actions
- Provide compliance advice and guidance when the business is implementing process changes.
- Support the business with compliance by design utilising incident analytics and data to pinpoint priority areas for uplift and focus.

About you
- You will have a natural commitment to put our members at the centre of everything you do
- You have a curiosity to learn and understand how the business operates and experience in a risk role within the Insurance or Financial services industry is required
- You have an ability to work autonomously, manage a diverse workload and meet competing deadlines
- An analytical mind able to see complexities of procedures and regulations and present practical solutions
- Previous experience in compliance framework management, assessments, and reporting
- Ability to build and maintain productive relationships and communicate clearly with senior internal stakeholders
- Strong conceptual, analytical, interpretive, and problem-solving skills, with the ability to consider the critical business needs
- Sound knowledge of regulatory issues affecting the insurance and financial services industry considered highly advantageous
- Sound knowledge of APRA standards and ASIC regulatory guides considered highly advantageous

What can we offer you?
- A workplace culture where our people feel valued, respected and empowered
- Work in flexible ways that meet work/life commitments and support wellbeing
- Be part of a purpose led organisation that gives back to the WA community
- An environment that values ongoing career development
- Free Roadside Assistance and discounts on RAC products and services including Insurance, Holiday Parks and Resorts, Security, Finance and Auto Services
- Opportunities for community engagement and corporate volunteering

About RAC

RAC are looking for people who are committed to building a safer, sustainable and connected future for West Australians. From Insurance, Auto Service Centres, Roadside Patrols, Travel, Security, Holiday Parks and Resorts to Finance - we are a diverse, profit for purpose organisation, that has been reinvesting our profits back into the WA community for more than 115 years.

Supporting Diversity & Inclusion

for assistance through the recruitment process.
- #BetterJourneysRAC_
- #LI-KH1_
- #LI-HYBRID_