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 Advice Services team aims to provide suitable affordable advice solutions for all CFS existing and prospective customers. The Manager, Advice Risk & Compliance reports to the Director, Advice Risk & Compliance and sits within our Customer Office.
The Manager, Advice Risk & Compliance contributes to ensuring that advice delivered to CFS members through CFS affiliated advice channels, including CFS branded advice under agency relationships, intrafund advice or digitally supported advice channels, meet all regulatory requirements, and members’ best interest.
This role is based in our Hawthorn East Office in VIC.
Your Responsibilities
AFSL requirements and obligations management
The development and upkeep of key compliance frameworks including controls, policies, and procedures.
Monitoring and Supervision of financial advisers - including advice assurance, onboarding & offboarding, of both CFS-licensed and agent-licensed financial advisers.
Incident reporting and monitoring, with a focus on data quality.
Advice complaints handling and reporting.
Governance activities including committee and board reporting.
Working collaboratively with Line 2 Risk and Compliance, aiding a strong risk culture across CFS.
Ensuing the end-to-end advice service compliantly meets regulatory requirements whilst supporting both a good member and adviser experience.
Contributing to the CFS Risk and Compliance function including Line 3 audit reviews, risk transformation projects, and other activities that support CFS strategic objectives.
Your Capability and Experience
- Solid experience in risk and compliance advisory within Financial Advice businesses is essential
- Relevant degree qualification (for example, Law or Finance).
- A strong understanding of the Corporations Act as it relates to Financial Advice, as well as a good understanding of the broader regulatory landscape for wealth management.
- Strong experience in Monitoring and Supervision of financial advisers, including advice assurance.
- Experience of risk and compliance frameworks including obligations, controls, and policies.
- Incident management experience with an understanding of both IDR and EDR.
- Proven ability to work with business stakeholders, both internal and external.
Exceptional collaboration and influencing skills across multiple functions.
A continuous improvement mindset.
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 Wurundjeri Woi Wurrung land (Melbourne, VIC).
