Director, Risk and Compliance

Are you ready to be part of an organisation that values expertise, passion and diversity? At CFS we know that the foundation of our success lies in our exceptional people. We believe in celebrating individuality, have a passion for high performance and creating an environment where you can unleash your full potential. Our people enable us to make a difference and deliver exceptional experiences to help our customers achieve financial freedom.

Your Team

The Risk & Compliance team is part of CFS’s Legal, Governance, Risk and Compliance Business Unit which is accountable for analysis and strategic advisory, oversight and respectful challenge of the business along with driving the commercial application of the Risk Management Policy, tools, processes and systems. 

Reporting to our Executive Director, Risk and Compliance, the Director, Risk & Compliance will provide strategic guidance, ensure regulatory adherence, and foster a culture of integrity and risk excellence. This role leads a team of both Risk and Compliance professionals, who are the single interface into the business. You will act as a trusted advisor to the CFS business and leads a team of professionals who are responsible for line 2 risk and compliance support.

Your Responsibilities

• Provide advice and strategic guidance to stakeholders across the CFS Group (including the 
• CFS Leadership Team, extended leadership team, external stakeholders and Board) in 
• respect of complex matters associated with financial services risk and compliance 
• management. 
• Drive consistent and sustainable implementation of key Frameworks (including but not 
• limited to the Risk Management Framework and the Compliance Management Framework) 
• and related policies and standards across the CFS Group. 
• Deliver on complex business analysis to identify areas of improvement or misalignment 
• within operating practices. 
• Work with Line 1 to drive the embedment and adoption of risk practices in accordance with 
• our Frameworks. 
• Support robust risk-based business decisions through Line 2 advice and challenge. 
• Enable delivery of CFS substantial transformation agenda within risk appetite. 
• Collaborate with the stakeholders to provide quality insightful Line 2 views to the regulated entity Boards (CFSIL and AIL) on current and emerging risks. 
• Drive proactive regulatory engagement and assurance activities. 
• Lead the development of compliance dashboards, insights, and reporting packs for the 
• Executive Director and senior stakeholders. 
• Deliver fit for purpose risk and compliance frameworks that adhere to regulatory 
• requirements and management of risk within the appetite of the regulated entities. 
• Oversee that the implementation of the risk management ecosystem is achieving CFS 
• strategic objectives within the guardrails of CFS risk appetite. 
• Enable an ethical risk culture across CFS Group.

Your Capability and Experience

• Extensive experience in risk and compliance advisory within the wealth management industry is essential 

• Deep understanding of adviser business models and relationships with platforms and 

  product providers 

• Deep understanding of super & investments value chains and integrated business models. 
• Strong business analysis skills 
• Ability to demonstrate critical thinking 
• Deep understanding of customer centric strategies within integrated business models 
• Proven ability to work with senior executives and Boards.   
• Exceptional collaboration and influencing skills across multiple functions 
• People Leadership of Risk/Compliance specialists to deliver business outcomes
• Change leadership and continuous improvement mindset is highly desirable 

What to Expect

At CFS, you'll be working among the very best in the wealth management industry. It's an inspiring environment that encourages development and celebrates success. Other things to look forward to:

• Access to CFS Employer Super, which offers an expansive investment menu and flexible insurance solutions 
• Support with financial services, including discounts on home loans and daily bank accounts through our partnership with a leading financial institution
• Access to 24/7 confidential support covering safety, medical and mental health services  
• Additional leave day to celebrate your birthday
• Life Leave - 3 days per annum to focus on your wellbeing or celebrate a special event
• Exclusive discounts on retail, travel and entertainment

CFS Culture

At CFS we are committed to creating a thriving environment where individuals can flourish. We believe that success is built upon strong teams, and we are dedicated to celebrating uniqueness, championing individuality and supporting a diverse and inclusive workforce. We believe that when you can truly be yourself, you can unlock your full potential. 

Apply today and join us in helping Australians to achieve their financial freedom. 

Please note, CFS requires all candidates to have full work rights in Australia.

Where we have preferred candidates, background checks (including Police, Employment, Bankruptcy checks, ASIC banned and disqualified persons) will be completed prior to the final preferred candidate’s employment being confirmed. The outcomes of the background checks do not preclude the preferred candidate, however, they will be assessed against the inherent requirements of the role.

This role is based on Gadigal Land (Sydney).