Line 1 Risk and Compliance Manager

When you join ASX, you’re joining a company with a strong purpose – to power a stronger economic future by enabling a fair and dynamic marketplace for all.

In your new role, you’ll be part of a leading global securities exchange with a strong brand. We are known for being a trusted market operator and an exciting data hub. 

Want to know why we are a great place to work, click on the link to learn more.

www.asx.com.au/about/careers/a-great-place-to-work

The ASX team brings together talented people from a diverse range of disciplines. 

We run critical market infrastructure, with 1 in 3 people employed within technology.  Yet we have a unique complexity of roles across a range of disciplines such as operations, program delivery, financial products, investor engagement, risk and compliance.

We’re proud to foster a workplace where diversity is celebrated and inclusion is part of our everyday culture. Our employee-led networks champion LGBTIQ+ inclusion, promote gender equality, accessibility and wellbeing, inspire giving and volunteering, and celebrate cultural and religious events, creating a sense of belonging for all. As an AWEI Bronze employer and member of the Champions of Change Coalition for gender equality, we’re committed to a fair and inclusive workplace where everyone can thrive.

Key purpose of the role:

The Risk & Compliance Manager role undertakes and coordinates risk and compliance activities to strengthen risk maturity, support regulatory obligations and ensure risk considerations are integrated into business operations, decision-making and change initiatives

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Your Team

The Line 1 Risk and Compliance team supports the day-to-day management of risk and compliance across the ASX Supervision division which comprises of Participants Supervision and Listings Supervision. The team plays a key role in the embedment of ASX’s operational risk and compliance strategy as well as the uplift of risk maturity within the division.
Reporting to the Risk and Compliance Partner, the Risk and Compliance Manager will act as the primary coordination point for all risk management and compliance activities across the supported business units. The role is responsible for the effective operation and continued embedding of risk and compliance practices, including the provision of advice, risk and compliance assessments, incident and issue management, control testing, and management reporting. As a change leader and influencer, the role supports the embedding of a strong risk and compliance culture, ensures risk considerations are integrated into key operational and process design decisions, and contributes to the delivery of key initiatives as part of ASX’s enterprise wide transformation program.

Your responsibilities

• Support the Risk and Compliance Partner in maturing Line 1 risk and compliance capabilities and practices across the division.
• Lead and coordinate risk identification, assessment, and profiling activities across Listings and Participants Supervision (including Bowtie analysis and scenario assessment).
• Coordinate control design, mapping, and testing activities to assess the effectiveness of the control environment.
• Drive remediation of control gaps, including development of actionable, testable improvements to strengthen the control environment.
• Manage the end-to-end lifecycle of risk issues and remediation actions, ensuring clear root cause identification, robust action design and validated closure.
• Lead the identification, allocation, and embedment of regulatory obligations across ASX Supervision, ensuring clear ownership, effective control linkage, and demonstrable compliance through monitoring and reporting.
• Engage across multiple divisions (e.g. Markets, Clearing & Settlement, Technology) to ensure alignment on supervisory risk and control responsibilities.
• Support delivery of the Risk Transformation Program (RTP) and broader risk maturity uplift initiatives across ASX.
• Ensure risk considerations are integrated into key operational decisions, supervisory processes, and change initiatives.

Your experience and qualifications

Must have

• Gained 7+ years experience working within a Line 1 risk function.
• Experience performing risk and compliance assessments, control testing & uplift, and incident & issue management.
• Strong understanding of risk and control frameworks and experience operating within regulated environments.
• Strong analytical, documentation, writing and communication skills.
• Proven ability to manage multiple pieces of work concurrently across various interrelated initiatives and workstreams.
• Proven ability to build strong internal relationships and collaborate effectively across teams and stakeholders.
• Well‑developed planning and prioritisation skills, with a demonstrated ability to deliver outcomes to agreed deadlines.

Nice to have

• Strong operational process knowledge and experience within an exchange and/or trading environment.
• Previously worked at an exchange, financial markets, financial services institution.
• Experience co-ordinating and implementing organisational risk and compliance transformation programs.
• Firsthand experience managing business continuity and disaster recovery frameworks, including practical application and testing.
• Understanding of key markets obligations e.g. Market Integrity Rules, Financial Stability Standards.

We make hiring decisions based on your skills, capabilities and experience, and how you’ll help us to live our values. We encourage you to apply even if you don’t meet all the criteria of this role.

If you need any adjustments during the application or interview process to help you present your best self, please let us know at [email protected].

At ASX Group, our diverse workforce is essential to build and maintain a fair and dynamic marketplace. We support flexible working and offer hybrid working options. Even if our roles are advertised as full-time, we encourage you to apply if you are interested in part-time or other flexible working arrangements.

We will arrange for successful candidates to have background checks, including reference and police checks, completed as part of the on-boarding process.

To be considered for this position, candidates must be legally authorised to work in Australia on a permanent basis without any restrictions.