AddressThe Opportunity
As the Compliance Officer for Australian operations, your primary mission is to ensure that the business adheres to all relevant regulatory requirements. This encompasses a wide array of obligations including AFSL requirements, ASIC obligations and fostering a culture of robust compliance and governance across the Australian branch. Your role will also encompass overseeing compliance training, record – keeping, monitoring, and analytical functions to ensure the organisation remains in regulatory alignment.
The Compliance Officer - will form part of the EML team responsible for:
- Assessing and monitoring EML’s regulatory compliance obligations within Australia.
- providing compliance advice and support to all levels of EML Australia’s staff and where necessary, providing compliance advice and support to the EML Group globally.
- formulating and implementing strategies for assessing and managing regulatory compliance and risk mitigation within EML business practices and decisions; and
- reporting to EML staff, management and EML Group’s board of directors on changes to Australia’s regulatory landscape which may impact EML’s business.
In addition, the Compliance Officer will support the Compliance team in the ongoing provision of compliance reporting frameworks, maintaining standards of project delivery, and assisting the Risk team in assessing and mitigating the impact of AFLS risks and financial crime on EML’s business.
Key Responsibilities:
To be successful in this role you will have previous experience within a financial compliance team with a focus on AFSL and AML/CTF operations and investigations. The Compliance Officer will assist the Senior Compliance Manager by:
- Liaising with AFCA and internal dispute resolution teams to handle and respond to cardholder’s complaints in timely manner.
- Approving the customer’s disclosures and marketing approvals and making sure that organisation is compliant with its AFSL obligations.
- Maintain various registers, including incidents and breaches, training, complaints, conflict of interests, and regulatory updates.
- Enhance the governance framework within the business unit.
- Conduct risk assessments and investigate incidents and breaches.
- Providing AFSL training to the staff members.
- Ensuring provision of financial service aligns with AFSL authorizations.
What We Are Looking For:
- University degree qualification in Commerce, Law, Business, or related discipline.
- At least 3 years’ experience in AFSL compliance within financial services or a similar industry, with experience with the payments industry a bonus.
- Previous direct/indirect engagement with financial services regulators (i.e., ASIC) is desirable; and
- Broad knowledge of legislative, regulatory and industry standards impacting the financial services and payments industry.
What you'll bring:
- Excellent communicator (written and verbal) with the ability to build rapport across all levels and functions of the organisation.
- Ability to evaluate and identify opportunities to improve existing processes.
- Ability to operate in a fast-paced environment and someone who can thrive on change.
About Us
EML Payments (ASX: EML) is one of the world’s leading FinTech payment solutions company’s focused on enhancing our brand partners, by offering innovative, accessible prepaid programs, whether mobile, virtual or physical card solutions – immediately. EML is also a card issuer, processor and program manager in the financial services industry. We provide our clients with alternative to bank solutions for reloadable and non-reloadable prepaid Mastercard, Visa and Eftpos programs.
EML has a presence in over 23 countries and we have over 1500 programs under management. Our EML group leadership team brings over 200 years prepaid experience, and our talented team provides a full end-to-end solution to our clients and partners across issuing, processing, compliance, regulation, risk and fraud management, treasury, customer support and localised account management.
Culture EML
- We are a fun, collaborative, busy, innovative workplace
- There are many opportunities to grow within the business
- You will be a part of one of the most dynamic and evolving FinTech companies in the world
- Steep learning curve but you will have the time to learn and adapt to this fast-paced environment
- You will have access to Mentor Programs across multiple-regions and differing internal roles
- You will be working hard
- Staff wellbeing days
- Flexible working arrangements
- Monthly staff awards
What we offer you
- Flexible, fast-paced dynamic working environment
- Global business landscape that connects you with colleagues working throughout Australia, UK, North America and Europe
- Participation in the company bonus scheme
- A free week of leave when you take your 4 weeks leave each year
- Flexible working - Be empowered to work smarter, in a way that suits your lifestyle, anywhere
- 12w Parental Leave, Birthday Leave, Volunteer leave & Paid Professional memberships.
EEO Statement
Integrated into our Core Values is EML's commitment to diversity and inclusion. EML is committed to being a globally inclusive company where all people are treated fairly, recognised for their individuality, promoted based on performance and encouraged to strive to reach their full potential.
We believe in understanding and respecting differences. This concept encompasses but is not limited to human differences with regard to race, ethnicity, religion, gender, culture and physical ability. Every individual at EML has an ongoing responsibility to respect and support a globally diverse environment.
