Director of Compliance, Wealth Management*
Strong prudential management has been a key to Macquarie's success over many years. The Risk Management Group is an independent, centralised unit responsible for assessing and monitoring risks across the Macquarie Group. The Compliance Division within Macquarie's Risk Management Group provides compliance support and advice to Macquarie's operating businesses. Compliance staff are aligned with Macquarie's operating businesses, assisting those businesses globally to manage their compliance risks. These, together with a strong, committed team are key drivers of Macquarie's success.
Banking and Financial Services Group (BFS) is the primary relationship manager for Macquarie's retail client base in Australia, New Zealand, Asia, North America and Europe. Products and services include wealth management, stockbroking and retail lending and banking solutions such as residential and commercial mortgages, investment lending, personal loans, credit cards and relationship banking to businesses and professionals.
Macquarie Private Wealth (MPW), a division of BFS, is the primary relationship manager for Macquarie's retail clients in Australia and New Zealand. Services include full-service stockbroking, on-line broking, financial planning, private banking, private portfolio management and investment planning.
As Director you will lead a team, consult with and advise key stakeholders within MPW to ensure Macquarie continues to meet the obligations of its regulatory and compliance framework. An experienced compliance practitioner, your ability to engage, consult with and influence senior stakeholders within Compliance and the broader RMG will be critical to your success.
Key responsibilities:
- driving the compliance assurance program specific to advice
- escalation point who provides accurate and timely advice to your team and senior stakeholders
- reviewing, updating and implementing policies and procedures as required
- managing and delivering on compliance projects and monitoring programs as required
- regulatory enquiry and incident management advice, resolution and reporting
- promoting awareness of compliance
- driving cultural change
- people management, engagement, communication and career development
To be successful in the role, you have:
- Retail Financial Services specific compliance experience with an understanding of the principles underpinning provision of advice, both personal and general and associated business models
- understanding of the legislative environment , specifically FOFA (Future of Financial Advice), Corporations Act and other licensing obligations under AFSL
- achievement orientation with the ability to influence and affect change across a broad range of stakeholders
- previous team leadership experience
You will be given a high level of autonomy and the opportunity to shape the role of Compliance in partnership with the wider Risk Management Group's strategy and senior leadership in MPW.
To apply, please follow the links below. For a confidential discussion call Scott Harris on 02 8237 6166.
Advertised:
7 Mar 2013 Aus. Eastern Standard Time
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