Risk & Compliance Specialist

Job Number:
493768

Work type:
Contractor Full Time (CF)

**Location**:
Melbourne (CBD)

Categories:
RIsk, Audit & Compliance

**Who are we.**

Guild Insurance is Australia's leading provider of insurance solutions for allied healthcare professionals. For over 60 years, we have delivered exceptional products, services, and unparalleled customer experiences, driven by genuine care for our clients' professional and financial well-being. With over 140 industry partnerships and 80,000 customers nationally, we are uniquely positioned to offer reliable insurance solutions.

At the heart of what we do is being there for those our communities rely on.

**Our employee experience**:
We thrive together at Guild Group. Our people feel truly connected to our purpose and are motivated by it. With our eyes on the future, our people thrive on a challenge and learn from each other. Guild Group team members truly care about each other and our customers, and everyone contributes to make a real difference by supporting the people our communities rely on.

**The Role**

This high-impact Risk & Compliance Specialist role supports Guild Insurance Ltd (GIL), Guild Group's largest APRA-regulated subsidiary, in a 2nd line capacity. With a strong compliance focus, the role ensures regulatory adherence and effective execution of GIL's Risk Management Framework. Working closely with senior executives, it oversees risk and compliance strategies, leverages Guild Group's risk software, and contributes to initiatives that enhance controls and drive better business outcomes.

**Core accountabilities**:

- **Regulatory Compliance Oversight**:Monitor compliance across GIL's business and risk domains, review obligation alerts, and support mandatory reporting to ensure adherence to evolving regulatory requirements.
- **Regulatory Change Management**: Track and assess regulatory updates—primarily via forums—engaging stakeholders to implement changes effectively, including proactive use of AI tools for analysis and implementation.
- **Financial Accountability Regime (FAR) Support**: Provide ongoing business-as-usual oversight and guidance under the APRA FAR Advisor role to ensure compliance with FAR obligations.
- **Risk Appetite & Indicators Management**: Maintain and update Risk Appetite Statements and supporting measures, while monitoring Key Risk Indicators to identify potential exposures or control weaknesses.
- **Risk Mitigation & Control Remediation**: Support the development of mitigation strategies for critical risks and assist in remediating ineffective key controls to strengthen the overall risk framework.
- **Policy & Procedure Governance**:Support updates to Risk and Compliance frameworks, policies, and procedures, and provide governance input on remediation and communications.
- **Training & Awareness**:Maintain compliance training modules and support staff education to strengthen risk awareness, compliance understanding, and risk culture.
- **Support for Business Projects**:Advise on compliance in strategic initiatives and contribute to risk culture and regulatory reform programs.
- **Board & Management Reporting / Incident Management**:Deliver Risk and Compliance reports to senior forums and support incident investigations, including FAR breaches, root cause analysis, and remediation planning.

**About You**

**Industry Knowledge & Experience**
- Proven experience in a 1st or 2nd line risk and compliance role within a General Insurance environment.
- Exposure to a range of regulatory frameworks and requirements.
- Strong stakeholder engagement and communication skills, with the ability to influence and collaborate effectively.
- High-level report writing skills tailored for senior management and board-level audiences.

**Core Skills & Attributes**
- Demonstrates a strong commitment to continuous learning in Compliance and Risk.
- Post-secondary qualifications in business, finance, insurance, law, or governance are highly desirable
- Agile and adaptable, with the ability to deliver high-quality outcomes under tight deadlines in a dynamic insurance environment.
- Self-motivated and independent, while also being a strong team player within the Risk, Audit, and Compliance function.
- Committed to transparency and accountability, adhering to a 'no surprises' approach in all communications and deliverables.

Please note that this is a 9-month maximum term contract

**Thrive Together**

**Advertised**: 11 Jul 2025 AUS Eastern Standard Time
**Applications close**: 25 Jul 2025 AUS Eastern Standard Time