Senior Regulatory & Compliance Specialist

About the role 

This is a newly created role within our Regulatory & Compliance team that will see you providing expert-level support to merger integration initiatives whilst supporting the Regulatory Affairs team to advocate for mutual banks in relation to regulatory reforms. Overall, you will be a valued member of a collaborative team who’s committed to delivering a customer-focussed service as we embark on a significant period of growth and change. 

Specifically, you will: 

• Provide timely and accurate expert advice and legislative interpretation on compliance obligations
• Establish and maintain good working relationships with key internal stakeholders
• Support the business in the ongoing management of regulatory compliance risk issues within programs of work and projects
• Assess the business’s future ventures to identify possible compliance risks
• Support the Regulatory Affairs function by assisting in the preparation of submissions to peak bodies, regulators and legislators, as well as advising on regulatory changes as required
• Provide mentoring and coaching to more junior team members
• Maintain continuous improvement and compliance knowledge across the team
• Participate in industry body forums (e.g. COBA working groups)
• Assist in preparation of necessary reports for Management and Board Committees

About you 

As an experienced Compliance Specialist your proactive approach to managing compliance risks has been key to your career success.  You are collaborative and enjoy sinking your teeth into new projects and working with those around you to find the best solution and deliver simple but effective compliance controls and processes in a rapidly changing environment. 

Additionally, we seek: 

• Tertiary qualifications or equivalent in law, compliance, audit or risk
• Significant experience within the financial services or banking industry in a legal or compliance team
• Expert knowledge of financial services laws and regulations 
• Excellent written and verbal communication skills

Who are we? 

It's an exciting time to join our organisation! On 1 March 2023, two of Australia's most successful member-owned banking organisations merged, to form Heritage and People's Choice - Australia's leading mutual banking organisation and a genuine, member-owned alternative to the major banks. 

We exist to create a better future for our members and the communities in which they live. 

 We are 100% member owned, with approximately 720,000 members and 1,900 employees. We have dual head offices in Adelaide and Toowoomba, and 95 branches across South Australia, Victoria, New South Wales, Queensland and the Northern Territory, trading under two brands, Heritage Bank and People's Choice. 

When you come to work at Heritage and People's Choice, you'll be joining a team of inclusive, friendly, and motivated employees who value making a difference every day for our members, community, and the planet. We are committed to creating an outstanding working environment where you feel supported, can continue to develop and are proud advocates of our members and our business.  

Benefits of working for us  

We believe the little extras can make a big difference in supporting your success. That's why we offer great incentives and benefits including: 

Extensive range of financial and lifestyle benefits, including: 

• paid parental leave and special leave provisions 
• employee banking benefits and discounted insurances 
• Career development opportunities, and ongoing training, coaching and support 
• A dedicated Employee Assistance Program for you and your family to access in times of need 
• Paid volunteering days and access to a diverse range of community and charitable initiatives 

If this sounds like you, then this is the next step in your career. Click 'Apply' now and submit your application, including a cover letter and current resume by 9am Monday 19 February 2024.

We are committed to diversity and inclusion and support candidate requests for adjustments to accommodate disability, illness or injury, to enable everyone to equitably participate in our selection process. 

If you would like more information, please email the Talent Acquisition Team on *******@peopleschoice.com.au or **************@heritage.com.au.