Senior Compliance Manager, Financial Services Compliance - Afterpay, ANZ

Afterpay ANZ is seeking an experienced Senior Compliance Leader to join its Line 2 Compliance function. This role involves providing financial services compliance advisory, licensing, governance, and frameworks services across all Afterpay business units in Australia and New Zealand. Key responsibilities include leading the Compliance Framework and Program, maintaining the Australian Credit Licence, managing monitoring and reporting, assisting with incident management, and advising on compliance risks to drive a strong risk culture.

Must Have

• 15+ years working experience as a compliance and risk professional in Australian financial services environments
• Knowledge of obligations as they apply to regulated financial services products
• Experience in building and maintaining frameworks to support regulated financial services products
• Knowledge of and experience in regulatory interactions and investigations
• Outstanding communication (written and verbal) skills
• Deep knowledge of financial services regulation and regulators’ expectations of compliance, governance, culture, risk management and individual accountability
• Compliance subject matter expertise on a broad range of financial services areas (e.g., consumer credit, BNPL, payment systems, AML, consumer protection)
• Experience identifying, recording and overseeing the remediation of incidents and issues
• Ability to prioritise across competing deadlines and influence cross-functionally and globally
• Tertiary qualified in relevant discipline

Good to Have

• Passion for why compliance matters and how it contributes to successful business and community outcomes
• Data and technical focus
• Ability to analyse, assess and operationalize new and emerging regulatory obligations
• Experience using innovative tools such as AI to improve compliance outcomes

Perks & Benefits

• Remote work
• Medical insurance
• Flexible time off
• Retirement savings plans
• Modern family planning

The Role

We are currently seeking an experienced Senior Compliance Leader to join our Line 2 Compliance function here at Afterpay ANZ. This is a fantastic opportunity for someone that is looking to innovate and help provide financial services compliance advisory, licensing, governance and frameworks services and support across all Afterpay business units in Australia and New Zealand. You will be AU-based, preferably in Sydney or Melbourne and will report directly to the Head of Compliance for Afterpay ANZ.

You Will

• Supporting the Head of Compliance to ensure the Compliance Function and the Compliance Risk Management Framework operates effectively and meets regulatory expectations. This will include:
• Leading the Compliance Framework and Compliance Program and ensuring it is comprehensive and sustainable, including documenting and maintaining policies, standards, and procedures for all aspects of the Compliance Program; and
• Working together with the business and global risk and compliance functions to build, embed and maintain governance, risk and compliance frameworks to support regulated financial services products.
• Maintaining Afterpay's Australian Credit Licence, including governance, compliance oversight and due diligence, and the compilation and submission of the annual compliance certificate requirements with ASIC.
• Management of all monitoring, reporting, audit and testing activities, including all reporting to our regulators, Board and internal Governance committees.
• Assisting the business with compliance incident management and potential reportable situation assessments.
• Leading and managing projects to assess, implement and monitor adherence to new regulatory obligations and policies.
• Oversight compliance risk assessments on new financial products, services and initiatives to ensure they meet Compliance Framework and Program requirements.
• Manage databases, registers and other records relating to compliance risk management (e.g. maintaining project plans, logging issues and incidents, completing risk assessment forms and action logs).
• Working with the business to enhance awareness and educate on compliance risks, mitigation strategies and options.
• Advising internal management and business partners on the implementation and operation of compliance programs.
• Reporting on compliance risks, trends and key performance metrics.
• Driving a strong risk culture and awareness in day-to-day business decisions.

You Have

• 15+ years working experience as a compliance and risk professional in Australian financial services environments, with knowledge of obligations as they apply to regulated financial services products, and maintenance of financial services regulatory licences.
• Experience in building and maintaining frameworks to support regulated financial services products.
• Knowledge of and experience in regulatory interactions and investigations including managing information requests and audits, responding with urgency, and developing and tracking management action plans.
• Outstanding communication (written and verbal) skills with the ability to communicate complex topics in a clear and effective manner to stakeholders and senior leaders.
• Deep knowledge of financial services regulation including a detailed understanding of the regulators’ expectations of compliance, governance, culture, risk management and individual accountability. This will require compliance subject matter expertise on a broad range of financial services areas, including regulated consumer credit, BNPL compliance, payment systems regulation, P2P/non-cash payment facilities, financial services licensing obligations, review and approval of marketing collateral, design and distribution obligations, AML, collections, consumer protection, anti-bribery and corruption and other conduct-related areas.
• Experience identifying, recording and overseeing the remediation of incidents and issues and escalating/reporting them to the appropriate teams and/or regulators.
• Ability to prioritise across competing deadlines and influence cross-functionally and globally.
• Tertiary qualified in relevant discipline.
• You’re naturally passionate about why compliance matters and how it contributes to successful business and community outcomes.
• You have a data and technical focus, with an ability to analyse, assess and operationalize new and emerging regulatory obligations and have experience using innovative tools such as AI to improve compliance outcomes.