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Senior Compliance Manager

  • Newly created Role

  • 2IC to Head of Compliance

  • Financial Advice Compliance

Advice Senior Compliance job based in Sydney CBD. Newly created Permanent role.

Your new company
This is a leading dealer group providing a comprehensive range of wealth services, allowing their financial planners to offer best practice industry advice to clients and operate their business with the highest level of professionalism.

Your new role
The purpose of this role is the end-to-end leadership of the organisation’s risk management framework and to ensure organisation compliance with all legislation, regulations, ASIC published regulatory guides and any other governmental or departmental guides. The Senior Risk and Compliance Manager will be responsible for providing strategic advice and implement best practice solutions to minimise risk and ensure that the company and the respective practices adhere to the highest quality industry standards. You will manage the day to day of two compliance specialists. Responsibilities will include:

  • Develop and maintain Audit and Remediation Framework and write audit reports including adviser and client remediation

  • Licensee compliance and adviser compliance

  • Develop and maintain Audit Review Schedule

  • Conduct targeted reviews using data analytics

  • Make recommendations in relation to remediation and consequence management to Head of Risk and Compliance

  • Development and presentation of professional development sessions and induction programs and training sessions for authorised representatives

  • Onboarding and training of new advisers and completing yearly adviser audits, with travel to other destinations required

  • Coaching of authorised representatives to improve their review performance and adherence to compliance standards and monitor authorised representatives as required

  • Updating policies and procedures for the group

  • Assist in implementing future regulatory compliance into the business and continue to be across changes in the wealth industry

  • Reduce the compliance risk through the identification of compliance issues (systemic and non-systemic), risks and breaches during adviser review visits

  • Provide advice to the business on a broad range of compliance related issues and challenges

  • Develop tools and assist in implementation of tools to help authorised representatives conduct their business in a compliant and efficient manner

  • Membership of, and attendance at, Compliance Committee meetings, professional development days and conferences as required

  • Provide advice to the Board and Compliance Committee on risks, compliance issues and gaps and strategies to assist the company in meeting its ongoing compliance obligations

  • Prepare Risk & Compliance reporting for the CEO in respect of Board reporting requirements

What you'll need to succeed

  • Relevant compliance experience from the financial services industry in Advice Compliance

  • RG 146 is Required

  • Advanced Diploma of Financial Planning (desirable)

  • Review and drafting of Statements of Advice, Records of Advice, Financial Services Guides and other disclosure documentation

  • You will hold tertiary qualifications in a business related degree such as Commerce, Law or Finance

  • The role will require work to be carried out at locations other than Head Office from time to time

  • You will be self-motivated and have strong inter-personal skills

  • You will possess strong written and verbal communication skills and highly astute attention to detail

What you'll get in return
A newly created permanent opportunity with someone who has advice and compliance experience and will report to the Head of Compliance and manage a few team members. This will suit someone who can engage and train financial planners and ensure they are compliant with the business's policies and procedures. It is a hybrid role that will require advice audits and engaging with advisers as well as general compliance tasks.

What you need to do now
If you feel you fit the criteria and are interested in the role, please click ‘apply now’ or contact Philip Lewis on 02 8226 9752 or email your CV to philip.lewis@hays.com.au

Date Posted
Banking & Finance
Sydney, NSW 2000
Job Type
Full Time, Permanent
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