Company Descriptionillion is the leading independent provider of trusted data and analytics products and services in Australia and New Zealand. illion is headquartered in Melbourne with offices in all major metropolitan cities across Australia and New Zealand. Our team work with leading brands in our region to bring data & analytics to life.
Job DescriptionYour new role and how you’ll make a differenceOur new
Compliance Manager will be responsible for ensuring that we are fully compliant with our Consumer Data Right obligations to ensure that our products and clients comply with existing and upcoming scheme and regulatory rules.We are on the hunt for someone who can drive a positive risk and compliance culture where compliance with obligations is understood and appropriately prioritised and managed within an agile environment!This role will also establish and operate our AI governance structures!The value-add things you’ll be doing
- Ensure illion’s Open Banking solutions are fully compliant with the Consumer Data Right legislation.
- Develop and periodically review the illion Consumer Data Right Policy and supporting policies and procedures, ensure they are updated and adhered to.
- Own and supervise internal CDR compliance procedures and controls.
- Manage internal control testing and formal third-party assurance engagements prior to submission of periodic attestation statements. As Compliance Manager you will be the primary point of contact with regulators for liaison and reporting purposes.
- Act as the CDR SME for product managers and implementation teams. Liaise with a broad range of stakeholders and provide product strategy context (the can and cannot’s of product design). Educate various operational functions through provision of training and resources.
- Support industry implementation of CDR.
- Learn, interpret, and maintain familiarity with current and emerging legislation and associated regulatory obligations.
- Good understanding of the Privacy Act.
- Respond to industry consultations and attend Industry forums and arrange workshops as required, sharing industry insights and trends to ensure illion delivers Industry accepted practices to its clients and their customers.
- Assist in Domain related issues including internal escalation of potential breaches and monitoring the status of business actions to resolve issues.
- Lead the construction and roll-out of illion's AI Policy and procedures which will include authorship, securing executive and/or board approval, staff training, staff communications, governance, and policy implementation.
- Remain abreast of regulatory and industry changes that could impact illion’s use of AI. Ensure that illion’s uses of AI are compliant with any current/planned legislation and industry best practices.
QualificationsThe experience and qualifications you’ll need to be successful
- Practical understanding of the Australian Consumer Data Right legislation and of AI
- Good understanding of Part IIIA of the Privacy Act, Credit Reporting Regimes and CCR.
- Experience in managing compliance changes and initiatives including supporting delivery and delivered risks through risk in change build and maintenance.
- Practical knowledge in compliance planning including obligation library construction, risk identification and control writing.
- The ability to translate technical requirements into business language.
- Natural collaborator and can influence action and outcomes across cross functional groups.
- A comprehensive understanding and experience of operational and compliance risk management experience in a financial services environment.
- Demonstrating sound understanding of Compliance principles, structures, and processes.
- Tertiary education in a commercial discipline is essential.
- RMIA or RMA accreditations preferred, having undertaken an AI Governance certification would be viewed favourably.
- Extensive experience collaborating with a complex and multi-tiered stakeholder group to realise commercial outcomes.
Additional InformationSome of our perks
- Flexibility and Remote Working Options
- Gifted Leave, Purchased Leave, Public Holiday Swap and Paid Volunteer Leave
- Paid Parental Leave
- Novated Leasing and Corporate Discounts (ie. Health Insurance)
- Education Assistance and dedicated time for professional development as part of your role
- Free Employee Assistance Programme, Free Flu Shots and Subsidised Gym Memberships.
illion’s valuesWonder what ifWe wonder on many levels. About ideas. And about how others see them. We listen with curiosity. Obsess the numbers. And embrace new ways to make data, make a differenceWe’re good eggsEverything we do is built on integrity. We hold ourselves to high standards. And higher principles. We act with good intentions. Taking every opportunity to be that little bit better.Human. KindPeople are the hart of our products, processes and culture. Our relationships are a gift. We’re inclusive. Measuring the impact of our actions on other’s first. Kindness and humanity prevail.We all add upWe work wonders when we work together. Our diverse perspectives and backgrounds make us greater than the sum of our parts. We’re one team, where every single one of us counts.
How to ApplyTo apply, please click “Apply Now” button and we will be in touch shortly.Due to the sensitive data that illion works with, employment at illion is subject to employees having full working rights for Australia and/or New Zealand and successful completion of a Criminal Record Check.Here at illion, we value diversity and inclusion and believe that we are able to grow and learn better together with a diverse team of employees. By joining illion you'll be part of an inclusive culture that celebrates a diversity of cultures, skill sets, educations and opinions. People from all culturally diverse backgrounds including Aboriginal & Torres Strait Islander Peoples are encouraged to apply.
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