Risk and Compliance Officer

POSITION SUMMARY

As the Risk and Compliance Officer, this role involves supporting the implementation and maintenance of the Risk and Compliance Frameworks. In this pivotal role, you will deliver high quality support by implementing and integrating various risk / compliance and control management processes. Your efforts will be essential in identifying, assessing, managing and reporting operational and compliance risks, and ensuring effective risk management and compliance within each business unit in the company. Delivering on control assurance reviews will also be crucial to this role. This is a hands-on execution role, driving our risk and compliance initiatives forward.

Key Responsibilities:

Risk and Controls (60%)

• Monitor control self-assessment plans to gain continuous assurance against the controls effectiveness
• Maintain the Risk and Controls Register tailored to each business unit.
• Assist with administration of risk records within the GRC system.
• Conduct Control Assurance Program (CAP) reviews on control design effectiveness and operating effectiveness in line with the CAP calendar.
• Identify opportunities for improvement.
• Articulate the benefits and value add to the business arising from recommendations identified from the reviews.
• Monitor status of action plans developed to address gaps.

Compliance (20%)

• Assist with conducting compliance reviews in line with the
• Compliance review calendar.
• Monitor compliance attestations to evaluate the status of compliance. 

Reporting and Client Related Requests (20%)

• Assist with monthly GRC related reporting, e.g. monthly GRC Forum pack and writing minutes.
• Assist with various monthly client reporting requirements.

General Responsibilities

• Adhere to operational procedures as outlined by the company policies and standards (i.e. Attendance of meetings, Punctuality, Execution of Leave procedures).
• Interact positively with staff members both within nominated division and outside of, to create a harmonious working environment as outlined by the company policies and standards including abiding by the company's Code of Conduct and Employee Handbook.
• Adhere to Workplace Health and Safety (WHS) requirements including office cleanliness and staff safety.
• Ensure all company equipment (laptop, phone, tablets etc.) is used in accordance with company procedures and any damage is reported to management.
• Ensure all potential risk of damage to company equipment is minimised and misuse of equipment is avoided.
• Ensure feedback regarding strengths, weaknesses or conflict is proactively given, received, accepted and actioned.
• Willingness to occasionally work outside of standard business hours.
• Any other relevant duties as directed by management.

QUALIFICATIONS

• Tertiary Qualifications in Business, Accounting, Finance, Risk Management, or other relevant discipline is highly desirable.
• At least 3 years working experience in a Line 1 or Line 2 Risk / Controls / Assurance / Compliance / Audit team, preferably in financial services.
• Experience working in a 3 lines of defense risk management model with a track record of delivering high quality deliverables across multiple business units. 
• Strong understanding of current and emerging risks and practical experience managing an effective control environment.