Risk & Compliance Business Partner

Posted 15 Days Ago
Be an Early Applicant
Hiring Remotely in Office, Machaze, Manica, MOZ
Remote or Hybrid
Senior level
Financial Services
The Role
Provides second-line risk and compliance oversight to Customer Operations, advising leaders on operational risks, incidents, breaches, remediation, assurance reviews, compliance monitoring, and governance. The role partners with Investment Operations, Managed Accounts, and Superannuation Administration while improving risk frameworks, controls, governance practices, and Line 2 capabilities. Success requires pragmatic independent challenge, strong stakeholder relationships, and practical application of financial-services risk and compliance frameworks.
Summary Generated by Built In

About Netwealth

Netwealth isn't just a company. We're shaping the future of wealth in Australia. Our award-winning platform and NextGen technology empower advisers and investors to achieve more, and we're proud to be recognised as one of Australia's most innovative FinTech businesses.

Since 1999, we've grown rapidly by challenging the status quo. We move fast, think big, and stay agile. Free from unnecessary bureaucracy so we can deliver smarter solutions for our clients and create real impact.

But what truly sets us apart? Our people. We're a team of curious, optimistic and courageous individuals who collaborate to make life better for more Australians. We value authenticity, and agility, and we believe in creating an environment where you can do your best work, grow your career, and feel part of something meaningful.

If you're looking for a place where your ideas matter, where innovation is celebrated, and where you can help shape a brighter financial future, join us at Netwealth.

The opportunity

We're looking for a Risk & Compliance Business Partner to join our Line 2 Risk & Compliance team.

In this role, you'll partner closely with leaders across Customer Operations, providing compliance advice, risk oversight and constructive challenge across a broad range of operational risk and compliance matters.

Your initial focus will be supporting Superannuation Administration, Investment Operations and Managed Accounts. You’ll play a hands-on role in supporting compliance and risk management across the broader Customer Operations business, providing practical guidance on operational matters and contributing to the ongoing enhancement of Netwealth’s risk and compliance framework.

We're looking for someone who can build trusted relationships with stakeholders, foster a strong risk culture, provide practical compliance advice and contribute to the ongoing uplift of risk and compliance practices.

What you’ll be doing

  • Act as a trusted Line 2 Risk & Compliance Business Partner supporting Customer Operations across a broad range of operational risk and compliance matters.

  • Partner with leaders to identify, assess and manage incidents, breaches, remediation activities and compliance obligations.

  • Prepare and present risk and compliance reports, dashboards and insights to senior stakeholders.

  • Lead and support risk assessments, execute control design and operating effectiveness testing including identifying opportunities to strengthen controls and improve compliance outcomes.

  • Provide independent advice, oversight and constructive challenge to support sound risk management and regulatory compliance.

  • Support the preparation of management, Committee and Board reporting, including the analysis and presentation of key risk and compliance insights.

  • Identify opportunities to improve governance, controls and compliance practices, supporting the ongoing uplift of the Risk & Compliance function.

About you

You’re a commercially minded, pragmatic compliance professional who understands how to partner closely with the business to solve problems.

You may currently work in a compliance advisory, operational compliance or Line 1 compliance role and be looking to further develop your career within a Line 2 Risk & Compliance function. You bring strong financial services experience and are comfortable interpreting regulatory requirements and translating them into practical, risk-based advice. You have experience partnering with stakeholders to strengthen risk and compliance frameworks, controls and governance practices.

You're comfortable interpreting regulatory requirements and understanding operational processes, translating both into practical, risk-based compliance advice that supports business outcomes.

You enjoy working across multiple stakeholders, managing competing priorities and making a tangible impact in a fast‑growing organisation.

Experience & qualifications

  • 5+ years of demonstrated experience in Risk & Compliance, Compliance Advisory, Operational Risk or similar roles within financial services.

  • Experience operating in a Line 2 Risk & Compliance environment, or in a Line 1 compliance role with demonstrated capability and readiness to transition into a Line 2 position.

  • Experience using risk management systems.

  • Strong expertise in incident and breach management, compliance advisory, regulatory compliance and compliance management.

  • Ability to provide independent challenge while building trusted relationships with stakeholders at all levels.

  • Solid understanding of risk and compliance frameworks and their practical application within complex organisations.

  • Experience supporting or working within superannuation administration, back-office investment operations or platform operations environments.

  • Understanding of operational processes such as superannuation rollovers, benefit payments, corporate actions, asset administration or trade operations, will be highly regarded.

Life At Netwealth

At Netwealth, we believe a fulfilling career is built on growth, balance, and belonging. Our people are our greatest strength, and we’re committed to supporting you at every stage of life because when you thrive, so do we.

We're proud to be recognised as one of Australia's top 5 companies for Career Development (endorsed by WORK180). From further education and diverse training opportunities to strong support for internal mobility. Your career can grow here.

Our flexible hybrid model supports balance, with just 4 days in the office each fortnight. When you’re in, you’ll enjoy working from one of our modern, thoughtfully designed spaces across Australia – including our state-of-the-art Melbourne CBD office. All locations feature contemporary facilities to make your day comfortable, and in Melbourne, you’ll also enjoy perks like end-of-trip amenities and daily breakfast to make your commute easier.

We offer benefits designed for your wellbeing and personal development, including;

  • Family-friendly support: Paid parental leave and a fully funded school holiday program

  • Wellness perks: CU Health (virtual healthcare), income protection, flu shots, wellness weeks, retail discounts and financial wellbeing services

  • A vibrant culture: social events, trivia nights, and corporate sports

  • Employee Resource Groups: LGBTQIA+, DAWN (Development and Accelerating Women at Netwealth), Culture Group and Carers Group

  • Community Impact: Paid volunteering and our Netwealth Impact Group

We're proud of our inclusive and diverse workforce and encourage everyone to bring their genuine selves to work. It's one of our core values. We're committed to equity and inclusion through our gender equality, disability, LGBTQIA+, wellbeing and cultural initiatives. And we're certified by WORK180, Family Friendly Workplaces and Great Places to Work.

If you're excited by the opportunity but don't meet every requirements, we still encourage you to apply. Research shows people often hesitate unless they tick every box. We value potential and passion just as much.

Need adjustments during the recruitment process? Contact us at [email protected]

Apply now and help us shape a brighter financial future!

Skills Required

  • 5+ years of experience in Risk and Compliance, Operational Risk, Compliance Advisory, or Business Partnering roles within financial services
  • Experience in a Line 2 Risk and Compliance environment, or a 1.5-line advisory, risk, or compliance partnering role with readiness to transition into Line 2
  • Strong expertise in incident management, breach management, remediation, and risk oversight
  • Ability to provide independent challenge while building trusted relationships with stakeholders at all levels
  • Solid understanding of risk and compliance frameworks and their practical application within complex organisations
  • Experience with investment operations, managed accounts, superannuation administration, custody, or platform operations
  • Exposure to corporate actions, reconciliations, asset administration, or trade operations
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The Company
HQ: Melbourne, Victoria
495 Employees
Year Founded: 1999

What We Do

Founded in 1999, Netwealth was established to provide astute investors and wealth professionals with a better way to invest, protect and manage their current and future wealth. As a business, Netwealth seeks to enable, educate and inspire Australians to see wealth differently and to discover a brighter future. Netwealth offers a range of innovative portfolio administration, superannuation, retirement, investment and managed account solutions to investors and non-institutional intermediaries including financial advisers, private client and high net worth firms. Netwealth's award-winning platform is currently rated Australia’s Number 1 Platform for overall functionality and overall satisfaction* providing wealth professionals with the technology required to efficiently manage and add value to their clients. Netwealth Superannuation Services Pty Ltd (ABN 80 636 951 310), AFS Licence No. 528032, RSE Licence No. L0003483 is the trustee of the Netwealth Superannuation Master Fund. Netwealth Investments Limited is the operator and custodian of the Netwealth Wrap Service and the Russell Investments Portfolio Service, responsible entity and custodian of the Netwealth Managed Account and the Global Specialist Series managed funds, platform provider and administrator of the Netwealth Superannuation Master Fund and provides administration services to Challenger Annuities and XWrap (Netwealth’s non-custodial asset service). **Our awards include: Rated by Investment Trends as number 1 in Overall Satisfaction by users for the ninth consecutive year (2014-2021) and rated number 1 by Investment Trends for Best Platform Overall in 2017-2019. Rated by ChantWest as best Advised Product of the Year for four consecutive years (2018-2021).

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