Deputy Chief Compliance Officer, Financial Services

This is a fully remote position, open to applicants in Australia.

📋 Description

• Assist the Head of Compliance in ensuring that the Compliance Function and Compliance Risk Management Framework are effective and align with regulatory standards.

• Take charge of the Compliance Framework and Program, which includes documenting and maintaining relevant policies, standards, and procedures.

• Develop, implement, and sustain governance, risk, and compliance frameworks for regulated financial services products.

• Oversee Afterpay's Australian Credit License, managing governance, compliance oversight, due diligence, and the submission of annual compliance certificates to ASIC.

• Administer monitoring, reporting, auditing, and testing activities, including communication with regulators, the Board, and internal Governance committees.

• Support compliance incident management and evaluate reportable situations.

• Lead initiatives to assess, implement, and monitor compliance with new regulatory obligations and policies.

• Supervise compliance risk assessments for new financial products, services, and initiatives.

• Manage databases, registers, project plans, issues, incidents, risk assessments, and action logs related to compliance risk management.

• Foster awareness and education regarding compliance risks and mitigation strategies within the business.

• Provide guidance to internal management and business partners on the implementation and operation of the compliance program.

• Report on compliance risks, trends, and key performance indicators.

• Promote a robust risk culture in daily business decisions.

⛳️ Requirements

• Over 10 years of experience as a compliance and risk professional in Australian financial services settings.

• In-depth understanding of obligations related to regulated financial services products.

• Proven experience in maintaining financial services regulatory licenses.

• Background in developing and sustaining frameworks that support regulated financial services products.

• Familiarity with regulatory interactions and investigations, information requests, audits, and management action plans.

• Extensive knowledge of financial services regulations, including regulated consumer credit, BNPL compliance, payment systems regulation, P2P/non-cash payment facilities, financial services licensing obligations, marketing collateral review and approval, design and distribution obligations, AML, collections, consumer protection, anti-bribery and corruption, and conduct-related areas.

• Experience in identifying, documenting, overseeing remediation of incidents and issues, and reporting/escalating them to the appropriate teams or regulators.

• Tertiary qualification in a relevant field.

• Data-driven and technically oriented, with the ability to analyze, evaluate, and implement new and emerging regulatory obligations.

• Proficiency in using innovative tools such as AI to enhance compliance outcomes.

🏝️ Benefits

• Remote work opportunities.

• Comprehensive medical insurance.

• Flexible time off policies.

• Retirement savings plans.

• Modern family planning options.

• Reasonable accommodations for applicants with disabilities.

• An inclusive interview experience.