Manager, L1 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 and Operations team is part of CFS’s Superannuation & Investments (S&I) business unit which is accountable for delivering investment, superannuation and retirement products to our customers. The S&I business unit is led by the CEO – CFS Super who has fiduciary and compliance responsibilities to ensure all CFS businesses manage risks effectively in customers best interests. In this regard S&I team members will often act on behalf of the Trustee or Responsible Entity on behalf of all of the relevant CFS business units.

Your Responsibilities

• Support the S&I team with end-to-end Risk Matter management to ensure compliance with the Risk Matter Standards (including triage of new matters, assessing impact and rating, providing risk support to the Risk Manager/ owner, contribute to breach reporting or updates and facilitation of closure). 

• Assist with the facilitation of regular risk meetings with the business to drive closure of long dated Risk Matters and completion of risk commitments coming due. ·

• Provide support on control creation, testing and control evaluations to ensure completion within the agreed timeline and in line with the CFS Controls Management Standard·

• Maintain artefacts, tools and processes that support the Product Development and Distribution Policy

• Assist the broader team on the delivery of key Line 1 risk deliverable such as Risk Forums, BCP, Risk Profiling, RMD, Audits, Due Diligence questionnaires, Risk Culture, Obligations Management, training etc 

• Provide assistance in driving uplift in data quality for Risk matters, Risks and Controls

• Provide general risk support and guidance to the business on initiatives, policies, product reviews, DDO obligations and ad hoc requests 

• Ensure S&I maintain compliance with the obligation management framework and all other internal policies and frameworks

Your Capability and Experience

• Experience in wealth management and similar risk roles 5 years plus 

• Experience in using risk systems (Lighthouse or similar system), Risk matters and Controls testing

• Strong understanding of the CFS business (or equivalent experience in a similar business) 

• Previous experience in end-to-end delivery of projects /initiatives 

• Ability to develop strong working relationships across both CFS and within the team 

• Strong ability to solve complex problems, drive process improvements. 

• Strong verbal and written communication skills 

• Attention to detail - Able to lead, pivot, roll up your sleeves and implement with quality and passion

• Experience and credibility in engaging with senior internal stakeholders 

• RG146 or relevant other industry related qualifications

• Experience in asset/funds management is 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:

• Additional day for your birthday
• Hybrid working model 
• Access to CFS Employer Super
• Life Leave - 3 days per annum
• Access to Sonder who provides human-powered medical, mental health and safety support through one easy-to-use app enabling you to get support whenever and wherever you need. 
• Access to Corporate rates with BUPA Health Insurance
• Confidential coaching and counselling services supporting life, mind, body, relationships, work and family to assist you in taking charge of your own health and wellbeing

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).