Manager, Regulatory Compliance, Australia

As Manager, Regulatory Compliance you will deliver on the regulatory engagement strategy for Airwallex in the region and manage our existing payment services and money remittance regulatory compliance program. You will maintain our licensing responsibilities and coordinate with all internal and external parties as necessary to ensure compliance. This includes communication of regulatory requirements, cross-functional collaboration to productize solutions and offerings, implementation and execution of processes, filing of all requisite reports, renewal of registrations and licenses, and interfacing with regulators. You will analyze new and existing products and provide guidance to ensure that our 2LOD controls are fit for purpose and comply with regulatory obligations and guide the first line business to enable the maturity of both customer-facing and internal back-office processes and product features.

Responsibilities

Support Airwallex Group’s expansion by managing the regulatory compliance components of license authorization processes; Act as a key stakeholder in relation to license applications, business plan updates and information requests between Airwallex and our regulators; Ensure that our regulatory compliance and integrity risk reporting obligations are maintained for all Airwallex Group entities in the region; Support and/or manage regulatory requests; Advise the business with respect to regulatory change initiatives with a particular focus on how to effectively manage compliance risk attached to new laws and regulations in the jurisdictions we operate; Develop policies, processes and provide advice in relation to regulatory risk obligations that exist within the first line business; Manage regulatory compliance risk within Airwallex Risk Management Framework and associated escalation process (inc. the Group Risk Committee); Advise the business in relation to conduct risk and ethics matters (where appropriate) relating to our financial services licenses; Deliver the Compliance Monitoring Program; Conduct targeted and thematic reviews on a wide range of topics to ensure appropriate organizational maturity; Deliver Airwallex Group’s Compliance Training for employees and conduct ad-hoc training to specific business areas as required; Conduct ‘Proactive Special Ops’ projects to unlock business or operational issues to enable Airwallex to achieve its strategic goals more rapidly

Requirements

Bachelor’s degree with a minimum of 8 years of compliance experience in a regulated financial institution, FinTech, legal / consulting firm, or combination of the above; Familiarity with financial regulatory laws, rules, regulations and industry best practices across the region; Data proficiency - ability to work with data and leverage it for strategic decision-making; Ability to operate strategically and think creatively to solve complex regulatory compliance challenges; Superior communication skills, with the ability to clearly explain complex topics to a wide range of stakeholders including regulators, executive leadership, and front-line staff; Experience with developing and/or maintaining a compliance program within a financial institution, preferably in respect of payments activity; Exposure to licensing processes, regulatory expansion, and RegTech or technology-driven compliance solutions; Deep understanding of financial products/services and related conduct risk and controls

Nice to have

Demonstrable experience dealing with ASIC, APRA, AFCA and the FMA and other regulatory authorities / bodies across the region