Director - Regulatory Advisory at Aon Corporation

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

11 Jan, 26

Salary

0.0

Posted On

13 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Regulatory Compliance, Stakeholder Engagement, Leadership, Communication, Risk Management, Governance, Training, Problem-Solving, Ethics, Advisory, Legal Knowledge, Remediation, Incident Management, Financial Services, Collaboration, Mentorship

Industry

Financial Services

Description

Lead with impact – Build Aon Australia regulatory strategy and engage directly with senior team members and regulators. Purposeful culture – Work in a team that values ethics, appreciation, collaboration and don’t settle for good enough – they ask what better looks like. Influence – Become a trusted adviser for senior collaborators and influence outcomes across multiple business units and regulatory bodies. About the Role We’re looking for a Director – Regulatory Advisory who leads with integrity, empathy, and purpose. This role is ideal for a hard-working compliance or legal professional who enjoys working in multifaceted environment, thrives in a values-led global organization, and is motivated by making a meaningful impact. Reporting to the Head of Compliance – Australia and PNG, you’ll play a pivotal role in driving and delivering on Second Line of Defence (2LoD) risk, governance and compliance objectives and plans. What You Will Do As Director – Regulatory Advisory, you will be responsible for the development and oversight of the Regulatory Compliance framework, provide regulatory compliance training to Aon Senior Leadership Team and Aon business teams; and represent 2LoD at the AFSLs’ governance and compliance committees. Your responsibilities will include: Leading regulatory engagement with ASIC, AFCA, AUSTRAC, NIBA, IBCCC and other bodies. Representing Aon Compliance at the NIBA Regulatory Affairs Committee. Provide experienced advice and guidance on AFSLs’ related regulatory requirements related to Aon Reinsurance Solutions, One Underwriting and Risk Services. Chairing AFSL Governance and Compliance Committees and fostering a strong risk-aware culture. Coordinating complex claims, incidents and breaches matters and reviewing externally facing regulatory responses. Leading Aon remediation programs when and if required and working closely with Aon legal team to ensure compliance and appropriate E&O considerations. Leading all aspects of governance matters relevant to APRA CPS230 – Operational Risk Management, where Aon is acting as the material service provider. Support regulatory change processes from identification to implementation by working closely with senior collaborators and providing practical and solution – oriented advice to Aon operations team and segments’ leads. Maintaining the obligation library and supervising regulatory compliance plans for Australia and PNG. Developing (if and when needed) and facilitating regulatory compliance related training to Aon functions and segments. Being part of the Aon’s Global Compliance Team and participate in global regulatory working groups and projects. Preparing quarterly Regulatory Risk reports for the purposes of submission to the Australian Risk and Compliance Committee and the APAC Risk Committee. Assist Compliance Managers and Compliance Coordinators with any regulatory related queries and give to the team’s knowledge transfer and capability building. Assist Aon internal audit team with their annual audits and related to 3LoD regulatory queries. What We Are Looking For To thrive in this role, you’ll bring: Min 10-15 years of practical knowledge of the Corporations Act, Insurance Act, and ASIC and AFCA regulatory requirements. This role will ideally suit a guide compliance professional with a legal academic background. Practical experience in remediations and/or litigation matters relevant to complex claims/incidents/breaches in the Australian financial services industry. Proven experience in a senior compliance or governance advisory role, with exposure to the Board/Risk and Compliance Committees reporting. Excellent communication skills and the ability to translate complex regulatory concepts into practical mentorship. Given the role’s responsibilities will include quarterly training to the business, the ideal candidate will have a practical experience in facilitating training across the business or/and had experience in making pitches in the industry forums or seminars. Strong leadership and stakeholder engagement skills, with the ability to influence at all levels. A strategic outlook with a hands-on approach to problem-solving and implementation. High ethical standards, insight, and a dedication to doing what’s right. How we support our colleagues In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to own your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. Our continuous learning culture encourages and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued. Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. Aon provides equal employment opportunities to all employees and applicants for employment without regard to sex, marital status, religious belief, ethical belief, colour, race and ethnic or national origin, disability, age, political opinion, employment status, family status, sexual orientation, or other legally protected status. We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform crucial job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com. 2569122

Responsibilities

The Director - Regulatory Advisory will develop and oversee the Regulatory Compliance framework, provide training to senior leadership, and represent the compliance function at governance committees. This role involves leading regulatory engagement with various bodies and coordinating complex claims and incidents.