Manager, Compliance

at  AMP Limited

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.

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

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 chang

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 matte

Additional responsibilities as part of the broader Line 1 Risk, Compliance & Controls team may include:

• 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 environmen

Ideally, you will bring the following experiences to this role:

• 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