Senior Risk and Compliance Analyst

Company Description

• Collaborative team culture
• Committed to a healthy work culture
• Sydney or Melbourne location

Welcome to This Australian Life. 

From the millions of Australians we protect, to those that make it happen every day at TAL, people really are what we’re all about. We want to grow with you. Achieve with you. And support you to do your best work. That's why we're focused on developing leadership, promoting diversity, rewarding excellence, and retaining great talent.

We're always looking for people who want to go further with us. People who do what’s right, aim high, and work smart. Why not see where we can go?

Job Description

Join Australia’s number one Life Insurer as a Senior Risk and Compliance Analyst. Reporting to the Risk and Compliance Senior Manager, this is a line 1 risk role where you will join a team responsible for the maintenance of Group Life and Retirement’s Risk Management Framework.

In this role you will: 

• Assist in the delivery of Risk Management and/or Compliance analysis and advice to stakeholders, enabling the business to be commercially successful and fully compliant with legislative and regulatory requirements.
• Support and advise the business to identify, classify, measure, and monitor their risks and/or compliance requirements and issues.
• Act as an escalation point for all risk and compliance matters within Group Life and Retirement.
• Assist stakeholders in identifying potential risks and compliance issues associated with their day-to-day business goals, including assisting in the incident and breach reporting process.
• Assist the Group Life and Retirement business unit in the formulation of remediation strategies and implementation plans for key corrective actions and preventative controls, including obtaining relevant approvals.
• Support the Risk and Compliance Senior Manager in the provision of key reporting requirements, providing insights on operational risk matters such as Incident root-causes.
• Build strong relationships with the Risk Office and other line 1 risk teams.
• Assist in the management of risk processes for Group Life and Retirement such as; the risk in change process, business continuity, User Access Reviews, Data Risk Management, LICOP, AML compliance plans, Fraud Risk assessment/controls, RAS metric completion and regulatory changes.
• Conduct control walkthroughs, documentation, and assessment (design and operation) supporting risk and compliance objectives, including peer reviews.
• Assist in managing new and existing incidents across Group Life and Retirement via regular monitoring and conducting incident discussions with relevant stakeholders, in line with the Incident and Breach Management policy and established incident/ breach processes. This will also include peer reviews.
• Coach and mentor other members within the Group Life and Retirement line 1 risk team.
• Lead the documentation of key line 1 risk processes for Group Life and Retirement through standard operating procedures or procedure guides.
• Assist with Group Life and Retirement Data Governance requirements.

Qualifications

• Relevant tertiary qualification
• Experience in a relevant Risk Management and/or Compliance environment
• Experience working within the life insurance and/or superannuation industry
• Experience performing control assurance and managing incidents end to end
• Familiarity with the relevant regulatory bodies and legal compliance requirements of the Life Insurance & Superannuation industries (e.g. Corps Act, SIS Act, LICOP)
• Strong relationship management and stakeholder engagement skills
• Excellent written and verbal skills in order to articulate technical issues and formulate correspondence
• Computer literacy and a good knowledge of Microsoft Office Suite

You’re always accountable for your actions. You never give up. You strive to find the best outcomes for customers and partners. And you value working together to find the best solutions for problems. 

As part of the recruitment process, there are a number of checks which may be conducted to demonstrate your eligibility for a role at TAL including Criminal History, Bankruptcy, Entitlement to Work, Regulatory and Reference Checks.

Additional Information

At TAL we value diversity in all its forms and are committed to fostering an inclusive and equitable culture for all our people. We encourage Aboriginal and Torres Strait Islander people, individuals from all backgrounds, including those with caring responsibilities, people living with disability, and individuals from the CALD and LGBTQI+ communities to apply. Even if you don’t check every box in the criteria above, we encourage you to apply today or get in touch with us here.

To provide you with the best experience, we can accommodate you at any stage of the recruitment process. Simply inform our Recruitment team at any time.

TAL is recognised by the Workplace Gender Equality Agency as an Employer of Choice. We are proud to be a member of Diversity Council Australia and the Australian Network on Disability. For information on our reconciliation journey, please read our Innovate Reconciliation Action Plan.

We acknowledge the Traditional Custodians of the Land in which our Head Office is based, the land of the Gadigal people of the Eora Nation, and recognise their deep connections to the land, sea, and culture.
We extend this acknowledgment to the many Traditional Lands that we operate across and pay our respects to Elders past, present, and emerging.

#LI-Hybrid

Everyone at TAL has a responsibility to do the right thing and is accountable for the way they conduct themselves. Our expectations are that you follow the principles set out in our Code of Conduct when you come to work every day. Risk management is everyone’s responsibility.

If you are already a TAL employee please apply via the SmartRecruiters button in Workday and navigate to the Employee Portal. This is important to ensure that your application is recorded accurately.