Head of Compliance – Fintech (Sydney)

12th November 2020
Vandu Worldwide

Our Client is the world’s leading social trading network, providing millions of users from around the world a one-stop-shop solution for their trading and investing needs.

Since 2007, the Company has positioned itself as a Fintech leader, pioneering revolutionary practices such as social trading, blockchain and machine-learning-based investment products. The system is a regulated and secure platform, operating in full transparency with its clients’ interest in mind.

Responsibilities

  • Lead and manage the Risk and Compliance framework under the company’s AFSL
  • Monitor and oversee regulatory development, particularly related to MIS and relevant to the activities of the Company in Australia
  • Inform relevant decision makers of relevant legal/regulatory updates
  • Communication with / reporting to ASIC
  • Compliance monitoring: quarterly review of all company operations in line with the regulatory guidelines AND audit findings
  • Oversee and approve any verification-related training, particularly related to MIS
  • Create reports for senior management and external stakeholders
  • Ensure the company has appropriate structure / governance to which ASIC is notified
  • Cooperate with the Product and Ops team to ensure the compliance function has the necessary reports required for ongoing monitoring
  • Report directly to the Board
  • Perform annual risk assessment
  • Update local policies and procedures to reflect current regulatory requirements
  • Oversee and approve any marketing materials
  • Supervise the AML Compliance Function, especially for client onboarding and verification
  • Maintain the Company’s legal documents (PDS, T&C’s) in conjunction with the Legal Department
  • Ensure the Product and Ops team provide the necessary reports required for ongoing compliance monitoring
  • Ensure all compliance and governance matters are escalated to senior management and to the Compliance Committee
  • Implement Committee and Board decisions as required

Requirements

  • Previous MIS experience
  • Academic Degree – Finance or Legal desired
  • Previous job experience in a related field
  • Extensive knowledge and experience with MIFID directives & ASIC regulations
  • Open to creative solutions & business innovation; a team player
  • Strong communication and presentation skills; must be comfortable to communicate with the senior management and the regulator
  • Strong verbal skills

Working for our Client brings:

  • Exposure to a variety of projects to expand your skillset
  • A flexible workplace where work-life balance is actively promoted
  • A professional, supportive and friendly culture