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Principal Compliance Specialist

Principal Compliance Specialist

Liberty Specialty MarketsCouncil of the City of Sydney, New South Wales, Australia
10 days ago
Job description

3 days ago Be among the first 25 applicants

Are you a Senior Compliance Specialist or Compliance Manager looking to join a team who is a trusted partner to the business, allowing them to focus on their roles and know that they are acting with Integrity in an environment of extraordinary regulatory change?

Do you have a strong ability to create a culture of doing the right thing and ensuring compliance alignment to organizational goals, whilst having a positive impact across the entire business? If so, please read on.

Our Company

At Liberty, we take a long-term view, and part of that is building real relationships, both internally, with colleagues, and externally, with our clients and brokers.

Our people have the opportunity to have real impact; we want to grow people’s careers, recognize their potential, celebrate what makes them different & give them the knowledge & environment to succeed.

Liberty’s leadership team & management has the stability, experience & foresight to steer us through the ups & downs of the financial cycle, while empowering our teams to focus on market relevance & delivering quality customer service. Other benefits include :

  • Wellness & Inclusion – our employees are what make us outstanding & we celebrate diversity. We offer a range of tools to support employee well-being & diversity, inclusion & equity, such as well-being training, EAP guidance, generous parental leave allowance, snacks + much more.
  • Career Development – sophisticated induction program, robust technical & non-technical training, travel opportunities, management & leadership development program, change management training + much more.
  • Community & Environment - our nominated charities align themselves with the Liberty philosophy of helping people live safer, more secure lives and all Liberty employees are actively encouraged to get involved in giving back to community. Whether that be taking part in company organized volunteering opportunities or using your extra 1 paid day per annum Service leave dedicated to giving back to the community.

Why Liberty?

  • Our underwriting & claims methodologies and technical expertise.
  • NIBA General Insurer of the Year 2021 and NIBA Specialty Insurer of the Year 2022, 2023 & 2024.
  • Our Market Approach is built on capability, consistency, and personal rapport.
  • Market-leading products.

  • Our product development team ensures we are quick to address gaps and introduce new products to the market.
  • Autonomous, performance-oriented culture.
  • Global organization - Opportunities for secondments.
  • Profitable year on year since establishment.
  • Key Responsibilities

    The purpose of the Compliance team is to be a trusted partner and advisor to the Liberty operations so that we can make effective pragmatic risk based and disciplined decisions with integrity within the local regulatory environment. The Risk & Governance team manages 4 pillars which include Governance, Risk Management, Compliance and Business Continuity and this role will contribute to the effective scope of the Risk and Governance team’s responsibilities.

    This role will also support the organisation in achieving their strategic objectives and providing a great customer experience. This is a dynamic role which will work across the entire business and to be successful will require tenacity, the ability to work with agility and build strong trusted relationships. Other responsibilities include, but are not limited to :

  • Respond to questions that arise from the business with respect any Compliance activities.
  • Assist with the management of the annual Compliance Plan and monitoring calendar, aligned to business priorities and risk appetite.
  • Develop, embed and ongoing review of the various frameworks, policies, procedures and tools to manage the regulatory obligations of the business as well as performing the various compliance tasks to manage these regulatory obligations,
  • Deliver various 2nd Line tasks as part of the compliance framework and the monitoring and supervision program for Liberty and our Service Provider network. This includes responsibility to deliver compliance related tasks, maintaining registers, control testing and various reporting to ensure that Liberty meets the obligations as specified within internal policies and procedures as well as with relevant legislation and regulations.
  • Work with 1st Line to investigate, monitor, record and escalation incidents for Liberty and our Service Provider network. Perform deep dive activities to identify themes and work with the business to rectify, report to the senior stakeholders and various committees to provide a health check of the business including opportunities for improvement.
  • About you

  • Extensive experience in a Compliance role within the financial services industry.
  • Experience in general insurance operational roles such as underwriting, operations or claims roles highly desirable.
  • Experience in general insurance or general insurance broking required.
  • Proven, strong knowledge of industry processes and regulations, in particular experience with APRA and ASIC and AFS licensing.
  • Outstanding communication, relationship development and key stakeholder management abilities.
  • An analytical mindset with excellent organizational skills
  • Bachelor’s degree in Finance, Commerce, Business Administration or other relevant fields are highly desirable.
  • What’s Next?

    If you believe you can make a positive contribution to our team and want to be part of Liberty's exciting future, we would love to hear from you. Please include an updated resume, and we will take it from there. Apply now!

    Agencies – We’ve got this covered!

    We care about your privacy and the protection of your information. Our Privacy Policy is available at https : / / www.libertyspecialtymarketsap.com / footer / privacy-policy / . By submitting an application for this role, you confirm that you have read, understood and consent to our Privacy Policy and further, that we may store any information you provide in the cloud and / or a third-party platform used by the Liberty Mutual Group. You also agree that we may transfer your information to another country, including a country with different privacy laws to that of your own. You further agree that we may store your information for a period of up to 5 years and that we may contact you about relevant employment opportunities with the Liberty Mutual Group.

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    Compliance Specialist • Council of the City of Sydney, New South Wales, Australia

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