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Deputy Chief Compliance Officer, Financial Services

🔥 0 minutes ago

🇦🇺 Australia – Remote

💵 $163.6k - $245.4k / year

⏰ Full Time

🔴 Lead

💸 Financial Planning and Analysis (FP&A)

Where this job comes from

Posted on Block's careers page, not through a job board

First seen by Remote Rocketship 0 minutes ago

Logo of Block

Block

10,000+ employees

Founded 1990

💼 Consulting

📣 Marketing

💳 Fintech

Consulting • Marketing • Fintech

Block is a technology company that aims to increase access to the global economy through its various brands. Square provides commerce and financial services designed for sellers, while Cash App offers an easy platform for spending, sending, and storing money. Afterpay allows customers to manage their spending over time. Additionally, TIDAL empowers artists by providing them with tools for entrepreneurship, and Bitkey and Proto focus on bitcoin and related services. Together, these services contribute to building an open financial system accessible to everyone.

📋 Description

• Support the Head of Compliance in ensuring the Compliance Function and Compliance Risk Management Framework operate effectively and meet regulatory expectations • Lead the Compliance Framework and Program, including documenting and maintaining policies, standards, and procedures • Build, embed, and maintain governance, risk, and compliance frameworks for regulated financial services products • Maintain Afterpay's Australian Credit License, including governance, compliance oversight, due diligence, and annual compliance certificate submissions to ASIC • Manage monitoring, reporting, audit, and testing activities, including reporting to regulators, the Board, and internal Governance committees • Assist with compliance incident management and reportable situation assessments • Lead projects assessing, implementing, and monitoring adherence to new regulatory obligations and policies • Oversee compliance risk assessments for new financial products, services, and initiatives • Manage compliance risk management databases, registers, project plans, issues, incidents, risk assessments, and action logs • Enhance business awareness and education on compliance risks and mitigation strategies • Advise internal management and business partners on compliance program implementation and operation • Report on compliance risks, trends, and key performance metrics • Drive a strong risk culture in day-to-day business decisions

🎯 Requirements

• 10+ years experience as a compliance and risk professional in Australian financial services environments • Knowledge of obligations applying to regulated financial services products • Experience maintaining financial services regulatory licenses • Experience building and maintaining frameworks supporting regulated financial services products • Experience with regulatory interactions and investigations, information requests, audits, and management action plans • Deep knowledge of financial services regulation, including regulated consumer credit, BNPL compliance, payment systems regulation, P2P/non-cash payment facilities, financial services licensing obligations, marketing collateral review and approval, design and distribution obligations, AML, collections, consumer protection, anti-bribery and corruption, and conduct-related areas • Experience identifying, recording, overseeing remediation of incidents and issues, and escalating/reporting them to appropriate teams or regulators • Tertiary qualified in a relevant discipline • Data and technical focus, with ability to analyze, assess, and operationalize new and emerging regulatory obligations • Experience using innovative tools such as AI to improve compliance outcomes

🏖️ Benefits

• Remote work • Medical insurance • Flexible time off • Retirement savings plans • Modern family planning • Reasonable accommodations for disabled applicants • Inclusive interview experience

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