Lawyer / Analyst

• Make a difference supervising a range of complex products accessible to retail investors  
• Be part of initiatives which reduce consumer harm
• Temporary 12-month opportunity
• Competitive salary $90,749 - $107,911 plus 15.4% superannuation 
• Sydney or Melbourne based 

A future with ASIC means that your work will contribute to ASIC's vision for a fair, strong and efficient financial system for all Australians. We value what you will bring. We value those with sharp, analytical minds and are open to challenging the way things are done. 

The team

As part of ASIC's Markets Group, Market Supervision seeks to ensure trust and confidence in Australia's financial markets by regulating market intermediaries (including market participants, investment banks, securities dealers and issuers of over the counter (OTC) products). We also carry out surveillances of Australia's listed and OTC markets and test our stakeholder's compliance with the law.

The Retail Complex Products and Investor Protection (RCPIP) team has responsibility for monitoring and supervising a range of complex products accessible to retail investors, including retail OTC derivatives and other products that have the potential to result in consumer harm. The team does this by supervising the conduct of retail complex product intermediaries and issuers through proactive reviews and the assessment and analysis of suspected misconduct. The team is also responsible for retail investor related scams and investor protection strategies, and for monitoring the Product Intervention Orders for contracts for difference and binary options.

The role

As an Analyst, you will report to the Senior Manager and:

• conduct intelligence gathering, surveillance and project work to ensure identification of risks and compliance with the law, including onsite surveillances and desk-based reviews.

• develop and maintain supervisory relationships with intermediaries and issuers, and other industry and internal stakeholders.

• provide analysis, evaluation and guidance on technical and policy issues relating to retail markets and compliance with regulatory requirements, emerging issues, trends and risks.

• assist in the preparation of detailed reports, papers and submissions on a broad range of policy and technical issues.

• participate in multi-skilled project teams including actively sharing knowledge with other team members where appropriate.

• undertake research and provide internal advice on regulatory issues.

About you

• A relevant finance or business-related qualification and/or equivalent substantial relevant work experience.  

• Experience in analysing business and policy issues and recommending suitable options.

• Experience in analysing and resolving day to day queries, and undertaking surveillance and analysis activities using a variety of tools and information, including data, reporting, systems and databases.

• Ability to interpret and apply financial services legislation and Australian financial services license conditions.

• Ability to effectively present complex, technical information to different audiences.

• Foundational knowledge and understanding of retail OTC markets and design and distribution of complex products is desirable.

About ASIC

ASIC's remit is one of the broadest of regulators across the world.

ASIC regulates corporations, markets, financial services and consumer credit and monitors and promotes market integrity and consumer protection in the Australian financial system.

Through our enforcement work, we hold to account those who contravene the law, working to achieve strong outcomes that address the greatest consumer and investor harms.

Through Moneysmart, we aim to improve the skills and knowledge of Australians and provide information and tools to help them in their decision making.

A future with ASIC means that your work will contribute to achieving ASIC's vision for a fair, strong, and efficient financial system for all Australians.

ASIC is committed to a providing a diverse and inclusive workplace where the very best talent in Australia chooses to work. Indigenous Australians are encouraged to apply as well as applicants from all backgrounds and with different abilities.

Applications for this role will close at 11:59pm on 30  April  2024.