Supervisor, Close & Continuous Monitoring | Sydney
|Attachments:|| Position Description - CCM - Supervisor - EL1 - 201906 (1).pdf (PDF, 112KB)
- Be a part of ASIC's onsite supervision team engaging with large financial services institutions
- Contribute to the early detection of regulatory harms and get better outcomes for consumers
- Melbourne and Sydney locations
- 2-year contract
A future with ASIC means that your work will contribute to ASIC's vision for a fair, strong and efficient financial system for all Australians. We value what you will bring. We value those with sharp, analytical minds and are open to challenging the way things are done.
The Close & Continuous Monitoring team was launched in October 2018 and is responsible for delivering ASIC's new onsite supervisory approach. A key goal of this supervisory approach is to get better outcomes for consumers by engaging closely with the large financial services institutions' operating environment in order to influence their behaviour, particularly in identifying and managing non-financial risk.
In this role you will contribute to the successful delivery of ASIC's onsite supervisory program through:
- assisting with thematic onsite reviews of financial institutions to identify, assess and measure conduct and culture that mitigates against good governance and compliance, or that might result in consumer harm
- holding discussions with a range of staff at financial institutions to understand their non-financial risks, regulatory obligations and cultural drivers, and encourage behavioural change
- performing testing and analysis of intelligence and complex data to detect emerging and existing risks, to prevent them from developing or increasing
- drawing insight on effective regulatory responses to address issues identified through supervisory activities, and
- preparing preliminary findings, reports, briefings and papers.
The roles are based in Melbourne and Sydney and will require interstate travel. The base salary range is $106,709 to $123,432 (Executive Level 1) plus 15.4% superannuation and a performance bonus.
Every day looks different when you are onsite at a financial institution. The variety of work and your ability to adjust to changing circumstances will energise and motivate you.
With a strong Australian financial market background, you will have knowledge of business models, business operations and regulatory requirements in the Australian financial services sector. You will have demonstrated experience using your analytical skills to identify risks and determine root causes to a problem.
ASIC is Australia's integrated corporate, markets, financial services and consumer credit regulator.
ASIC has a broad mandate. We are a regulator; a policy advisory body; a consumer protection agency; a licensing body; a financial educator and consumer advocate; and a company and professional registry. We are also a law enforcement agency.
This work is directed to one principal aim: to realise ASIC's vision for a fair, strong and efficient financial system for all Australians.
Underpinning ASIC's vision is the recognition that every cent in the financial system is other people's money.
A future with ASIC means that your work will contribute to achieving ASIC's vision.
ASIC is committed to a providing a diverse and inclusive workplace where the very best talent in Australia chooses to work. Indigenous Australians are encouraged to apply as well as applicants from all backgrounds and with different abilities. As a member of the Close and Continuous Monitoring team you will need to provide enhanced conflict or potential conflicts disclosure, on a continuing basis. Experience in working in large financial institutions in the past 2 years will need to be assessed in this context.
To work with us, you must be an Australian citizen, and be prepared to complete an ASIC Suitability and Baseline Assessment which is issued by ASIC's Personnel Security Team.
Please view the position description for more information or click ‘apply' to start your application.