Senior Compliance Officer

Location: Sydney CBD, New South Wales
Job Type: Permanent
Salary AU$100000 - AU$120000.00 per annum + super + career progression
Specialization: Banking & Financial Services
Sub Specialization: Credit / Market Risk, Internal Control / Assurance , Insurance - Underwriting / Claims
Contact: Stuart Alpen
Reference: JO-1907-421756
+612 9431 6518
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The Company
An opportunity has become available for a Senior Compliance Officer to join a well-known market leader in the general insurance space. This iconic brand is constantly at the front of their field and has been experiencing significant growth across APAC in the last 10 years. Based in Sydney's CBD, this company has a very supportive culture and common goals relation to innovation, teamwork, and growth.

The Role
Reporting to the Head of Risk & Compliance, your focus will be to develop and maintain relationships with outsourced service partners, overseeing their adherence to agreed KPIs, compliance and risk management standards. Key areas include:

  • the timely implementation of the outsourcer monitoring framework including debrief/follow-up actions
  • coordinating each business area to undertake the scheduled outsourcer monitoring activities in accordance with agreed plan
  • Monitor, coordinate and assist the underwriting team to review underwriting agency/scheme underwriting guidelines/standards, procedures and compliance with regulatory requirements, code of practice and contractual obligations
  • Identify issues and manage these issues through to finalisation
  • Identify process and procedural improvement opportunities
  • Monitor adverse trends and work closely with all stakeholders to establish and implement corrective action where necessary
  • Plan and implement strategies to manage key business risks including loss of account, reputation risk and insurance risk
  • Develop and maintain good working relationships with outsource service providers, customers, intermediaries and internal stakeholders
  • Keeping abreast of regulatory changes and take proactive steps to ensure all outsourcing arrangements are compliant in conjunction with all stakeholders

Preferred Experience
The successful candidate will have the below experience and attributes:

  • Technical skills and qualifications will include a Finance related tertiary degree
  • 5+ years in a similar role, insurance or finance preferred
  • Experience with aspects of the regulatory environment (including developments in ASIC's guidance and APRA's standards)
  • Strong Excel & Report Writing
  • Excellent communication skills and stakeholder management

If you have the above experience and you are interested please apply today! For a confidential discussion please call Stuart Alpen on 02-9431-6518.