Job Description
About out Client:
Do you have the skills to fill this role Read the complete details below, and make your application today.
Our client who are headquartered in Melbourne, Australia are an industry leader with a vision to revolutionize trading. With a commitment to providing traders around the world with cutting-edge technology and exceptional client experiences, our client has become a prominent player in online Forex and CFD trading. Their success is driven by a blend of innovative technology, low-cost pricing, and an unwavering focus on client satisfaction. They foster a culture that values diversity, inclusivity, adaptability, progressiveness, collaboration and results-driven client support.
Role Responsibilities:
The Group GM, Compliance & Risk, is a highly strategic role and will be a member of the Senior Leadership Team, which works closely with their Executive team. The function will lead the global development, implementation, and continuous improvement of the organisation’s compliance and risk management functions. This senior leadership role involves providing pivotal subject matter expertise in managing operational, compliance, regulatory and strategic risks. The position is responsible for leading a geographically dispersed team of up to 30 members.
Reporting Line:
This position reports to the Chief of Legal, Risk & Compliance.
Key Position Responsibilities:
- Lead the entity’s global Compliance and Risk function, working with the team to develop and implement a robust group-wide Compliance and Risk framework and overall effective Group governance.
- Maintain and enhance a proactive group-wide Risk Management Program to identify, respond to, and manage strategic, regulatory, operational and reputational risks.
- Manage their global AML/CTF framework, risk registers, and compliance with Privacy, Data Protection, and Derivative Transaction reporting obligations.
- Oversee the Compliance Monitoring Program and control environment, ensuring continuous improvement.
- Ensure compliance with regulatory obligations, taking a commercial and practical approach to risk-based decisions.
- Drive improvements to the maturity of the Compliance and Risk culture within the business.
- Review and maintain group-wide Compliance and Risk Management policies.
- Report, escalate, and resolve group-wide Compliance incidents, breaches and risk events.
- Interact with global AML and Privacy regulators, coordinating responses to consultations and addressing regulatory inquiries.
- Keep up to date with key legislation and manage the implementation of regulatory change.
- Implement policies, processes, and controls to support regulatory change and risk management strategies.
- Advise the Group Board and Executive Team on local and international regulatory compliance obligations and issues.
- Manage global Compliance and Risk resources to maximize effectiveness and achieve organizational goals.
- Member and active participate in Group Committees, such as the Enterprise Risk Committee, Client Risk Oversight Committee and Data Governance.
About you:
- 10+ years' experience in compliance and enterprise risk roles in financial services or other heavily regulated industries.
- Experience in the retail OTC derivatives industry and/or AFSL compliance highly regarded.
- You will have led a global compliance function
- Extensive CFD & Forex industry experience is essential and there is no flexibility around this
- Familiarity with AML/CTF, Privacy, Data Protection and Transaction Reporting regulations.
- Knowledge of global financial services and AML/CTF regulatory frameworks desirable.
- Relevant tertiary qualification (Business/Commerce/Finance/Law).
- Qualifications or accreditations in Risk, Compliance, Legal, or Internal Audit.
- Experience with uplifting governance and GRC system knowledge desirable.
- Exceptional written and verbal communication and presentation skills.
- Highly developed stakeholder management skills.
- Sound decision-making and critical thinking skills.
- Ability to form and execute strategic plans.
- Negotiation and influencing skills, building relationships at all levels.
- Leadership in cultural change and the ability to take others on the compliance journey.
- Commercially focused, flexible, resourceful and hands-on approach.
- Demonstrated ability to develop and lead high-performing teams.
- Ability to work in a fast-paced environment and deliver timely outcomes amidst competing priorities.
- Experience managing budgets effectively.
- Availability across time zones on an ad hoc basis.
- Ability to travel internationally ad hoc if required.
- Champion their values across the team and the Group.
Job Type + Location:
The preference is for the role to be based in Melbourne, Australia and a full relocation package will be on offer. However they are also open to considering someone on a fully remote basis so long as there is a preparedness to do some travel; open to 4 days a week for the right candidate.