Head of Compliance – Fintech (Sydney)
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