Compliance Manager / Senior Compliance Manager

Compliance Manager / Senior Compliance Manager

Company Overview :

Mitrade is a CFD & forex broker, founded in Melbourne, Australia, now operating as a global brand, under partner entities.

Role Summary :

This pivotal role will be instrumental in ensuring our operations strictly adhere to all relevant Australian financial services laws and regulations, particularly those governing OTC Derivatives (CFDs). You will be a key subject matter expert, guiding the business, managing regulatory relationships, and fostering a robust culture of compliance.

Responsibilities

• Regulatory Compliance & Policy Management : Develop, implement, and maintain comprehensive compliance policies, procedures, and internal controls in line with the regulatory framework.
• Regulatory Compliance & Policy Management : Proactively monitor and interpret new and evolving regulatory requirements, assessing their impact on the business and advising senior management on necessary changes.
• Regulatory Compliance & Policy Management : Ensure all marketing materials, website content, and client communications comply with regulatory and company advertising guidelines.
• DDO (Design and Distribution Obligations) : Oversee the review and ongoing effectiveness of Target Market Determinations (TMDs), ensuring they clearly define positive and negative target markets.
• DDO (Design and Distribution Obligations) : Work closely with Product and Onboarding teams to ensure client onboarding processes (e.g., questionnaires, knowledge tests) effectively test against TMDs and meet "reasonable steps" obligations.
• DDO (Design and Distribution Obligations) : Design and implement robust ongoing monitoring processes to identify and prevent trading outside the target market, leveraging client data effectively.
• AML / CTF Compliance : Maintain and enhance the company's Anti-Money Laundering and Counter-Terrorism Financing (AML / CTF) program in accordance with AUSTRAC requirements.
• AML / CTF Compliance : Oversee customer due diligence (CDD), enhanced due diligence (EDD), and ongoing customer monitoring processes.
• AML / CTF Compliance : Ensure timely and accurate submission of Suspicious Matter Reports (SMRs), Threshold Transaction Reports (TTs), and International Funds Transfer Instruction (IFTIs) to AUSTRAC.
• AML / CTF Compliance : Conduct periodic AML / CTF risk assessments and ensure appropriate controls are in place.
• Breach Management & Investigations : Identify, investigate, and report breaches or potential breaches of regulatory obligations in a timely manner.
• Breach Management & Investigations : Manage the breach register and ensure appropriate remediation actions are taken.
• Breach Management & Investigations : Oversee complaint handling processes in accordance with ASIC and AFCA requirements, identifying and escalating systemic issues.
• Training & Culture : Develop and deliver comprehensive compliance training programs to all relevant staff, ensuring a high level of awareness and understanding of regulatory obligations.
• Training & Culture : Promote a strong compliance culture throughout the organisation.

Qualifications & Requirements

Seniority level

Employment type

Job function

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