Job Summary
The Risk and Compliance Officer is responsible for developing, implementing, and maintaining the risk management and compliance framework within the organisation. This role involves identifying potential risks, ensuring adherence to regulatory requirements, and fostering a culture of compliance throughout the business.
Responsibilities
- Identify, assess, and monitor risks across the organisation to formulate effective risk mitigation strategies.
- Develop and implement compliance policies, procedures, and training programs to ensure adherence to relevant laws and regulations.
- Conduct regular risk assessments and compliance audits, reporting findings to senior management and recommending improvements.
- Collaborate with various departments to promote a clear understanding of compliance obligations and risk management practices.
- Stay up-to-date with changes in legislation and industry standards, and communicate relevant updates to stakeholders.
- Prepare and present compliance reports to the board and other governing bodies.
- Support the organisation in responding to regulatory inquiries and investigations.
Required Skills
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills, with the ability to influence and engage stakeholders at all levels.
- Detail-oriented with strong organisational skills and the ability to manage multiple priorities.
- Proficient in risk management frameworks and compliance methodologies.
- Ability to work independently and as part of a team in a fast-paced environment.
Requirements and Qualifications
- Bachelor’s degree in Business, Finance, Law, or a related field.
- Minimum of 3 years of experience in risk management, compliance, or a related role.
- Professional certification such as Certified Risk Manager (CRM) or Certified Compliance and Ethics Professional (CCEP) is preferred.
- In-depth knowledge of relevant regulatory requirements and risk management standards applicable in Australia.
- Proficiency in Microsoft Office Suite and compliance management software.