Morningstar is currently seeking a Chief Compliance Officer for Australia. The Chief Compliance Officer - Australia, will be responsible for the implementation of the Morningstar subsidiaries Global Compliance Program within Australia. This is a position based in our offices in Sydney and reports to the Global Chief Compliance Officer ("GCCO").
The Role:
Given the current market and regulatory environment, many rules and regulations have been globally enacted and continue to be updated. This role will be part of the Global Compliance team - with other members working in Toronto, New York, Chicago, London, Frankfurt, Madrid and Mumbai. The Chief Compliance Officer - Australia is responsible for ensuring the Firm's policies and procedures ensure compliance with the ASIC regulatory scheme and ensuring staff understand their responsibilities under the rules and regulations.
In this role, the successful candidate will have the ability to shape the role and have a meaningful impact. The Chief Compliance Officer will be expected to do the following:• Responsible for the compliance program to meet the regulatory frameworks enacted in Australia, and provide ongoing assurance of compliance with Morningstar policies and procedures.• Provide advice and guidance to management on matters relating to conduct and compliance, including identifying areas of compliance vulnerability and risk, based on findings of compliance reviews.• Lead on the compliance component on the development of new business processes, and on changes to current business processes arising from changes to ASIC regulations.• Enhance standard procedures for the intake (including for anonymous reporting and complaints from third parties), investigation, escalation and reporting of potential compliance related incidents relating to Morningstar to ensure that they are appropriately and consistently evaluated, investigated and resolved.• Foster, and maintain, a good working relationship with ASIC, compliance colleagues, members of other internal control functions and business management.• Lead the preparation for, and conduct of, regulatory examinations.• Draft any compliance reports required by Australian regulatory authorities.• Report on existing and emerging compliance issues and risks to the GCCO.• Maintain records of any violation reports received, including details of any actions taken• Contribute to the ongoing development of the Compliance team by sharing best practices, knowledge, expertise and lessons learned on a regular basis.• Assist with the development, maintenance and delivery of compliance materials and training.• Assist with the continuous improvement of global compliance programs.• Maintain compliance files and records.• Implement and maintain policies and procedures for the general operation of the global compliance program within Morningstar.
Requirements: • 8 years of experience in compliance / regulatory control processes developed in Internal Audit in the Financial Services, Accounting or Legal professions• Experience in leading and managing complex compliance projects• Experience in designing and implementing compliance / regulatory policies and procedures• Experience interacting with and responding to ASIC regulatory inquiries• Experience in providing advice to senior manager and board of directors• Highly developed interpersonal skills to build and maintain effective internal and external relationships• Experience managing compliance teams• Advanced communication skills (verbal and written) to report regulatory compliance information• Strong analytical and investigative skills and sound judgment• A bachelor's degree is required. A law degree is a plus
If you receive and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region). These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately. In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.
Morningstar's hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. We've found that we're at our best when we're purposely together on a regular basis, at least three days each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.
704_MstarAusAsiaPtyL Morningstar Australasia Pty Limited Legal Entity
