Address Our client is the Australian arm of a private global group with close to 10,000 employees and almost 10 million customers worldwide. They are an industry leader in their area of specialisation and are now seeking to appoint a Head of Compliance - a new position created as part of their ambitious growth plans.
The purpose of the Head of Compliance is to lead and manage the Compliance, Monitoring and Regulatory teams across the five key Compliance streams of:
Regulatory
Advisory
Governance
Assurance
Incident Management.
Key responsibilities include the following:
To provide support to senior management, the Board and to our client's business operations in relation to its obligations management, and to advise on the changing regulatory environment in the Australian insurance industry.
To maintain a strategic framework for the management of the relationships with key regulators (e.g. APRA, ASIC, CGC and AFCA) with responsibility for all dealings with ASIC and CGC in particular.
To oversee the effective operation of the regulatory elements of the Incident Management Framework including the investigation, management, reporting of compliance incidents, and remediation programs.
Overseeing 2nd line assurance of the Group's activities to ensure compliance with regulatory requirements and company policies.
Ensuring quality compliance advice and assistance is provided to the business in key areas such as customer service (sales, service, claims and disputes), product design and delivery, partnerships and learning and development.
Ensuring the business is able to understand, and provide support in meeting its regulatory obligations as prescribed by its Australian financial services licence and the General Insurance Code of Practice by supporting the business at all levels.
To Be Eligible for this role you will require the following:
Knowledge and Experience:
Proven experience in leading a Compliance team.
High commercial acumen.
Strong written and verbal communication skills.
Excellent drafting skills (policy and process writing/frameworks)
Proven decision-making skills - ability to make effective competent and commercial decisions in a timely manner.
Ability to engage stakeholders and build relationships.
Proven negotiation skills - ability to negotiate/influence stakeholders to ensure they are meeting compliance obligations.
Time management skills - demonstrated ability to prioritise tasks and organise workload in an effective manner.
Analytical skills - ability to operate in a complex dynamic environment and make recommendations, compliance actions and decisions based on a thorough understanding of compliance obligations balanced with the commercial needs of the business.
Thorough understanding of regulatory regimes within the financial services sector.
Completion of compliance focused courses and Legal and/or Risk qualifications will be highly regarded.
Benefits on offer:
You may be based at our client's inner CBD premises (with onsite parking at minimal expense) or alternatively you can be based at our client's Sunshine Coast premises;
At least 1 day a week work from home policy;
Highly competitive remuneration package + discretionary bonus;
Join in the vibrant social and community activities including annual celebration, family fun days and regular events across each of their sites;
Enjoy additional leave days - 'ME' leave and 'Volunteer Day' leave;
Study support (up to 50% of tuition fees for relevant courses) and professional membership reimbursement;
Employee discounts on Car, Home, Travel insurance, Roadside Assistance;
Income protection insurance provided to support you in the event of non-work related illness or injury;
Discounts with a broad range of providers, including gym memberships, accommodation, dental care and more.
This is a full time permanent position with a balance between working from home and the office.
For more information, please call Kristine Luke, National Partner, Legal Executive at u&u on 0414 571 736, or email (preferred) kristine.luke@uandu.com quoting reference number 29368. Alternatively, to submit your application, please click below.
Please submit your resume (with a covering letter) in Word format only.
Kristine Luke.
PARTNER, LEGAL
Get in touch
kristine.luke@uandu.com
Call me on 07 3232 9151
Visit me at the Brisbane offices
Connect with me on LinkedIn
