Manager – Risk and Compliance Advice

Job Description

Supporting millions of Aussies since 1988 with low fees and competitive long-term performance. Profits back to members, not shareholders. Please note Rest does not accept speculative resumes from recruitment agencies. Job Description Be a trusted advice and compliance subject matter expert to ensure quality advice is provided to our Members. Location: Sydney, Melbourne or Brisbane. Hybrid Working: Blend of Office Location and Home. Established in 1988, Rest is one of Australia’s largest profit-to-member superannuation funds. We support nearly two million members, with around $86 billion of funds under management and are recognised as a responsible investment leader. We believe when members understand and engage with their super, they’re more likely to get a better retirement outcome. Everything we do at Rest is underpinned by our values and behaviours; we want to Be Daring, Keep it Simple, Take Action and Have Grit. To put it simply, we want our people to thrive and love the work they do. Work as a Risk and Compliance partner across Personal, General and Digital Advice teams to ensure they operate compliantly. The role involves identifying risks and establishing controls to manage these risks within business appetite. Being a trusted advice and compliance subject matter expert to ensure quality advice is provided to our Members, as well as ensuring a robust compliance framework, policies and procedures. Key Accountabilities/Responsibilities Support the management of the operational risk requirements for the Advice teams including: Identifying and assessing risks. Establishing controls to mitigate identified risks. Assessing control design and operating effectiveness through assurance activities. Reviewing and collating data for key risk indicators. Preparing reporting and presentations to provide to the business to ensure clear visibility of the risks. Ensuring incidents are managed end to end including investigation and remediation. Providing risk and compliance support. Support the management of compliance requirements for the Advice teams including: Conducting quality assurance activities on personal (including complex retirement advice) and general advice. Ensuring content is always compliant and current e.g., documents, fact sheets and digital tools. Ensuring robust testing is carried out for digital advice and tools to ensure they are delivering accurate outcomes. Establishing and maintaining advice-related policies and procedures. Providing compliance training as required. Monitoring and embedding relevant legislation. Overseeing and reporting on Continued Professional Development completion. Ensuring the relationship with our external Licensee is well managed. Managing advice-related complaints handling process. Completing regular compliance reporting and reconciliation. Providing compliance support to leaders and staff. Any other tasks required in order to deliver on the quality outcomes of the team including maintaining good record keeping of activities. Qualifications Tertiary qualifications in law, economics, financial planning, business or equivalent preferred. Required experience, understanding or credentials including: At least 5 years’ experience in risk management and compliance in the financial services industry preferably in line 1 or 2 advice compliance. Ability to work autonomously to complete tasks. Advice quality assurance experience. Strong understanding of financial services regulations and legislation. Experience in interpreting compliance obligations. Strong understanding of risk and compliance frameworks in the financial services industry. High attention to detail. Experience in working on multiple projects and prioritising competing deadlines. Ability to work in an environment requiring attention to detail and high levels of accuracy. Strong interpersonal skills including influencing, negotiating and decision-making. Additional Information Our benefits have been designed so you can tailor your experience with us and include: Personal and professional development opportunities. Flexible, hybrid working – work to suit your lifestyle (must be based in Australia). Purchase leave scheme and gender-neutral 16 weeks paid parental leave. Super Contribution Continuation for 12 Months of parental leave. Meeting-free breaks (Rest Stops). Income Protection Insurance. Rest Excellence awards (peer recognition awards based on Rest’s values and behaviours). If you share our values, believe you can help make a difference for our members, and want to be part of a leading superannuation fund with a Super culture, please click Apply Now. Rest is committed to creating a flexible work environment and culture that embraces diversity, equity, and inclusion - where people feel welcome, safe to be themselves and inspired to do their best. We value the different backgrounds, lived experiences and abilities our diverse team brings. We welcome and encourage applications from candidates of all ages, cultural backgrounds, faiths, gender identities, sexual orientations and thinking styles. This includes people with disability, neurodiverse individuals, Aboriginal & Torres Strait Islander peoples and those with disrupted work history due to career or other breaks. Please note only people with the right to work in Australia will be considered. *Funds under management as at 30 June 2023. Rest is recognised as a Responsible Investment Leader by the Responsible Investment Association Australia (RIAA) in its Responsible Investment Benchmark Report 2022. Rest will review applications prior to the closing date and may close the role earlier. #J-18808-Ljbffr