Job Description
The purpose of this role is to own the quality, compliance and risk management framework of the general advice teams (Sales, Retention and Campaigns) and ensure obligations are met in line with regulatory standards whilst promoting a strong customer first, compliant culture.
The core risk and compliance team supports the various wealth management products across the business. Their responsibilities include monitoring and development of the compliance framework as well as providing ad hoc compliance advice.
Main responsibilities include:
- Monitoring and supervision of activities undertaken in the general advice teams with effective feedback loops to ensure continuous improvement
- Act as a delegate for the Head of General Advice on occasion.
- Lead a new team of 3 direct reports (Compliance and Risk consultants) and further grow this team
- Plan, design and execute 1st line monitoring in accordance with the approved monitoring plan
- Build, maintain and update internal policies, processes and procedures
- Formulate a compliance monitoring schedule (in conjunction with other compliance and business stakeholders);
- Help embed a culture of quality and compliance, ensuring that the team meets the firms wider expectations through a structured framework
- Conduct workshops to collaborate and agree the scope of each assignment
- Ensure the quality and compliance framework remains current via reviews against changes in legislation, policy and business appetite
- Participate in the formulation of recommendations to improve the compliance environment
- Provide Compliance training and promote Compliance awareness
- Monitoring and supervision of activities undertaken in the general advice teams with effective feedback loops to ensure continuous improvement
- You'll be a trusted business partner in the Risk Operations space, who is proactive in approach
- Incident/breach/complaints management (in conjunction with relevant line 2 teams)
- Work with relevant teams to deliver quality and compliance training to teams (including induction of new members and regular structured ongoing training)
- Prepare insightful and accurate reporting for relevant stakeholders
Experience required:
- 5 years’ previous financial services industry experience in risk and compliance within the wealth management arm ideally, with an emphasis on the provision of general advice as well as credit assistance
- MUST have proven experience in managing a compliance/risk team within wealth management ideally
- The successful candidate will have superior stakeholder management and relationship skills as duties will include promoting the framework and broader compliance.
- RG146 (mandatory)
- Completed tertiary qualifications (Legal or Business disciplines preferred
To be considered for this exceptional role please click the "APPLY" button to forward copy of your resume in strictest confidence. Alternatively to find out more about this role please contact Toby Walsh on 0404 971 247 or email t.walsh@ensurerecruitment.com.au
Please note ALL applications are treated highly confidentially.
