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Date Posted: 11 October 2018 /
Location: Sydney, Australia
About the job
Compliance Audit/ Internal Control Risk Management
11 October 2018
11 October 2018
You will be part of the setup of a new Branch in Sydney and will look after all Compliance related subjects. Working closely with the teams in Singapore and in Australia, you will ensure the success of the project and subsequent to the Branch starting operations, you will be responsible for the Compliance activities for the Branch.
Your responsibilities during the Branch setup include: working with the project team for the license application, system implementation and operational readiness of the Branch; draft compliance related policies and procedures necessary for the Branch application; and liaise with the various teams to implement the necessary actions and controls. As one of the contact point with the regulators, you will build reports in the system and ensure that policies and procedures of the Bank are compliant with the local regulations. You will share Australian specific rules and requirements with the Compliance team in Singapore and will meet compliance related deadlines, as well as support the project on ad-hoc tasks when needed.
Your responsibilities once the Branch is in operation include being in charge of the Compliance Department of Sydney Branch; being responsible to ensuring all the firm's activities follow the necessary rules and regulations, and that the firm complies with the regulatory boundaries and jurisdictions. You will be responsible for identifying and preventing compliance problems throughout the organization in the region and develop new compliance systems/ tools, as well as utilize existing programs. You will provide advisory services in all compliance related matters for Australia and will provide compliance advice to the various departments of the Sydney branch, Singapore Regional Branch and other entities of the group; across all business lines. You will provide advice on best practices in compliance related matters and will chair the local Compliance Committee. You will be responsible for reviewing qualifications and ensuring the incumbents meet the role requirements in all regulated roles.
You will be responsible for liaising with the regulators and for filing the appropriate paperwork with the various regulators. You will also be responsible for identifying and developing criteria and commentary on critical compliance issues across all industries, products, and geographical jurisdictions. You will be responsible for drafting new and enhancing policies, as well as implementing and administering educational and compliance training programs to ensure that the firm's activities meet the requirements of the various regulatory agencies. You will need to have knowledge of the relevant legislation and will follow internal procedures to prevent money laundering and also will act as a liaison for the business on matters relating to financial crime. You will also ensure suitable due diligence checks are carried out on new client accounts and that any suspicious activities are reported.
• Minimum 8 years in a similar role in an Australian based Financial Institution
• Possess deep knowledge of Australian rules and regulations
• Degree holder
• Proactive, responsible and team player
• Experience with sizeable projects will be a strong plus
Submit your application to firstname.lastname@example.org quoting the Job Title.
Your interest will be treated in strict confidence.
About the Company
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