Compliance Manager

COMPLIANCE MANAGER - REGULATORY OFFICE (JOB NUMBER: COM002250)

**Description of the Department**

A central team of technical experts, the Compliance team provide specialised services and expertise on technical areas on Compliance topics, such as financial security, professional ethics, market integrity, protecting interests of clients, Group policy and local regulatory obligations. They work closely with the heads of the business and partner with the various leadership teams providing technical advice and support.

Mission: is the effective management of key regulatory risks through appropriate level of controls over the business. Compliance is responsible for the review, development and oversight of ethical practices, internal policy, and legal and regulatory requirements implementation. We provide assurance on the subsequent compliance of same and / or monitor and oversee the resolution of any identified issues of non-compliance or areas of key risk. We act as a liaison for external regulators, auditors and industry bodies.

**Summary of the role**:
The Regulatory Compliance Manager provides compliance advice and opinions on compliance topics, such as professional ethics, market integrity, protecting interests of clients, Group policy and local regulatory obligations to allocated business lines.

The Regulatory Compliance Manager provides transversal regulatory watch and monitoring of regulatory evolutions that have an impact of the business' activities within the Territory as well as the operational monitoring of the associated projects from the Compliance point of view.

**Key Responsibilites**:
Subject matter expert in local regulatory requirements, operations for allocated business line and Group compliance policies.
- Policy and Compliance environment evolution:

- Proactive 'watch' for evolutions originating from local law, regulators and / or Group policy (including cross-border evolutions - eg FATCA, AEOI / CRS, Volcker, etc)
- Conducts comprehensive analyses of the impact of compliance framework evolutions to business lines active within the Territory (in cooperation with the broader Compliance team), and determines the developments required to implement those changes including supporting implementation of same (participating in and / or project managing projects as required)
- Maintenance of the compliance / control plan for compliance evolutions
- Engagement in embedding of compliance / control plan changes with obligation owners, and conduct design effectiveness test of proposed new controls (if applicable)
- Proactive contribution to the quality and integrity of compliance policy and procedures and maintenance of a repository for the same, creating or updating existing local policies to include evolutions were required (highest standard principle).
- Advice:

- Support broader Compliance team with advice on any local regulatory or Group policy technical support
- Opines: Provide formal written opinion when required, such as:

- Market abuse alerts
- New product approvals (TAC / NAC)
- Outsourcing requests
- Marketing materials
- Client interaction: (if applicable to allocated business line)
- Client prospects (RFIs, RFPs, Sales due diligence)
- Clients (annual due diligence questionnaires and attending due diligence meetings)
- Regulatory Office:

- Maintenance of compliance and regulatory registers
- Preparation and coordination for regulatory inspections related to the territory
- Governance and reporting:

- Coordination / production of transversal territory wide, regional and global reporting
- Coordination and management of production of territory wide governance meetings compliance material in which compliance participates
- Design and maintenance of templates for business line specific reporting
- Active participation in business line meetings and calls
- Training:

- Design and distribution of compulsory training schedule covering all CIB business lines
- Delivery of allocated business line face to face compliance training

**Qualification and Experience required for the role**:

- Degree qualified in Business, Law or Commerce
- Technically specific qualifications or evidence of ongoing development for area of specialisation eg: Compliance Management
- Post graduate qualifications in law and/or financial markets beneficial
- 5+ years experience in similar regulatory and/or advisory role, global markets experience looked upon favourably

**Technical Skills required for the role**:

- Sound knowledge of principles and practices of licence obligations and compliance standards
- Up to date with regulatory and market requirements (ASIC, AUSTRAC, APRA, ASX), as well as industry association initiatives
- Ability to work independently and proactively on compliance risk management and advisory
- Prior management experience

**Core competencies required for the role**:

- Client focus
- Innovation
- Change management
- Operational Decision-making
- Impact & influence
- Technical/profess