Manager, Compliance

Job Description

Manager, Compliance Job Description If you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into something even more positive and powerful for the future.Help people create their tomorrow, while you create yours We help people with their banking, super, retirement and finances. Through upturns, downturns, recessions, and major life transitions. Every day, we help people see and make more of their financial potential, so that they can create their tomorrow. And we've been doing it for over 170 years.If we do our job well, we genuinely add to the prosperity of our country and its people.How you'll make an impact The Platforms Risk, Compliance and Controls team operates as part of the three lines of defence (3LoD) risk management model within the Australian Wealth Management business. The team's role is to support the business in embedding and managing risk and compliance across the business. The team supports:Risk owners with the identification, assessment and control of risks to ensure AMPs business risk-taking is within risk appetite (including via an ongoing review of incident and issues as they arise). Risk, control and obligation owners via regular controls assurance testing. Wealth remediation & incident investigation team and relevant incidents/issues owners with risk and compliance SME input. SME input into Fraud investigations, Privacy matters and Financial Crime Compliance. Supporting the Platforms businesses with management reporting on risk & compliance. Projects and business leaders with advice in the solution design and implementation of regulatory change. The main purpose of the role is to:Monitor, oversee and support the business with ensuring compliance with relevant obligations. Oversee, manage and coordinate relevant scheme Compliance Plans (including audits). Support Regulatory change monitoring, change initiatives and ensuring broader Compliance obligations have been met. Support relevant Projects with Compliance assessments and advise on Compliance matter. This role forms part of the team that will focus on supporting Group Executive Platforms and the Director of Operations Platforms, in managing the end-to-end risk and compliance environment for the Platforms Wealth Division. To achieve this outcome, this is a highly visible business-facing role, and you are responsible for building strong relationships with key stakeholders. Your compliance expertise will support the Platforms Division in relation to the identification, documentation and ongoing management of compliance with obligations. This will involve providing insight, advice and hands-on support to help drive a strong risk and compliance culture.Primary responsibility Specialist role in overseeing compliance with broader obligations, in addition to managing scheme Compliance plans E2E. Specialist role in supporting regulatory change across key Wealth legal entities. Providing expert compliance advice in key projects and regulatory change initiatives, which involves implementation, to evidence effective compliance. Overseeing and delivering project outcomes, interpreting requirements, completing traceability matrix' and updating obligations in the central Risk and Compliance system. Ensuring project compliance requirements are met (governance). Assisting with relevant review of disclosure materials (product, PDS, forms/online, Marketing). Scanning external environment for industry updates and interpreting regulatory change requirements. Support Head of and Senior Manager Risk, Compliance and Controls in supporting the implementation of the Enterprise-wide Compliance Management Framework across the Platforms Division. Oversight of the E2E control environment supporting compliance, providing recommendations and advice on priorities in addressing areas requiring improvement. Support the business with conducting compliance reviews as required to provide understanding of the legal and regulatory obligations as required. Deliver training on compliance and conflicts management to the business as required. Reporting on compliance matters to Leadership teams or Risk Committees as required. Support the business (and broader Line 1 Risk, Compliance & Controls team) with analysis and interpretation of key risk indicators results as they relate to compliance risks, including identifying systemic issues for escalation and investigation. Additional responsibilities Support project activity dedicated to the uplift in compliance obligation documentation and mapping to processes, risks and controls for the Platforms business and the support functions supporting it. Provide expert compliance advice to business stakeholders and regulatory change projects, including advice on the development of appropriate mitigation plans to manage compliance. Provide expert compliance advice on business change programs by identifying applicable obligations across processes and advising on the design of new processes and controls. Review incidents for lessons learnt, including identification of systemic issues across different processes / business lines for reporting to Director, Platforms. Monitor and support the business to maintain the currency of information in the central risk & compliance system, and ensure appropriate governance is in place to support this for the Platforms business. Support other responsibilities of the Line 1 Risk, Compliance & Controls team as required, including proactively contributing to a constructive, professional and performance focussed team environment. What you will bring to the team 3 + years experience in a similar role in Financial Services, ideally in Wealth or Asset Management (essential). Degree in Law (strongly preferred), Business / Finance or equivalent (essential). Relevant experience and a proven track record in compliance and risk. Providing advice directly to all levels of business stakeholders to enable informed decisions (essential). Proven ability to understand operational and compliance risks inherent or emerging in a business area, to assess the level of risk, and to develop and execute plans to mitigate risk (essential). Good knowledge of Superannuation, Retirement and Investment Platforms, Products, Governance and Asset Management Operations (highly desirable). Current working knowledge of legislative and regulatory environment for Wealth Management (Superannuation & Platforms businesses) in Australia (highly desirable). Previous experience in operating in a 3LOD environment (ideal). You'll thrive here if... If you can adapt from BAU to the ambiguous with ease, you'll do well here. Change is never easy, so bring your commitment, grit and growth mindset.Because we run lean, you'll be expected to jump in and deliver across a variety of areas. Meaning, you'll be closer to the action and executive decisions that influence where we go next.If you're someone that can hold their own, you'll find AMP quite liberating.Why we think you'll love working at AMP Doing what we've always done is not an option, so your clever ideas will get airtime here. You'll be encouraged to speak up and try new things. If they don't work, we move on - better for it.We know there's no one way of doing things. So, you won't have to sacrifice who you are or how you work to fit in here. We're inclusive and flexible in many of the ways you'd expect. And in some of the ways you wouldn't. As long as your health and wellbeing come first - at home and at work.In fact, most of what makes AMP such a welcoming, enjoyable place to work are our people. Wherever you go, you'll find moments to connect, feel valued and do meaningful work.Whether it's through our first-class leaders who are invested in you and your success. Through year-round opportunities to volunteer, fundraise and give back to the community. Or in the everyday challenges you face as we work together to strengthen this great organisation. Challenges that will stretch you, amplify your potential and compound the impact you have.We believe in the power of inclusion and diversity We're dedicated to fostering inclusion, diversity, and a warm feeling of belonging at AMP. It sparks creativity, ignites innovation, and turns up the dial on the quality of our decisions and performance. This not only makes our workplace more engaged, but also leads to better connections with our customers.We're your allies in the search for the perfect fit - when you apply, let us know how we can support you to put your best self forward during our selection process.We're also committed to enhancing employment opportunities for Aboriginal and Torres Strait Islander people, so we enthusiastically encourage candidates from these backgrounds to apply and explore our Reconciliation Plan on our website. Ready to create your tomorrow? If you're someone who sees opportunity where others see challenge, come and work with us in smart, progressive ways as we transform an iconic Australian brand for the future. And, through a series of career-defining moments, create your own tomorrow.Don't procrastinate! We review applications when we get them, and if we discover the ideal candidate, we may close the role earlier than the advertised close date.Looking forward to meeting you. #J-18808-Ljbffr