Risk & Compliance Officer

As a Risk & Compliance Officer at Brighte, you will be responsible for fostering a robust compliance culture, administering compliance strategies, and providing guidance on regulated and unregulated products. Your role will involve conducting compliance testing, producing committee materials, managing regulatory inquiries, and ensuring all operations align with relevant laws and policies.

To qualify for the Risk & Compliance Officer position at Brighte, candidates should have at least 2 years of experience in a compliance-related role, familiar with AFSL and/or ACL holders. Knowledge of financial services laws, compliance regulations, and experience within a fintech is highly regarded, ensuring that you can navigate the complexities of risks and compliance strategically.

Brighte is dedicated to fostering a vibrant workplace culture that encourages professional development. As a Risk & Compliance Officer, you will have opportunities to enhance your skills through training, participate in collaboration events, and attend workshops designed to support your career progression while being part of an inclusive team.

The work environment at Brighte for a Risk & Compliance Officer is collaborative and creative, designed to inspire innovation. The office encourages balance between in-person and remote work, social engagement through activities like 'Noodle Wednesdays', and offers appealing facilities to enhance your work experience.

Risk & Compliance Officers at Brighte enjoy a suite of benefits, including employee share options, flexible working arrangements, a fully stocked snack pantry, access to end-of-trip facilities, and unique perks like anniversary leave. This ensures that you not only excel in your role but also maintain a healthy work-life balance.

In your response, focus on specific compliance frameworks you've worked with, detailing how you implemented, monitored, or improved these frameworks. Highlight any successful compliance projects that demonstrate your problem-solving and analytical skills.

Share actionable strategies for creating a positive compliance culture, such as regular training sessions, open communication about compliance, and integrating compliance values into the company's overall culture. Provide examples of how you've successfully implemented these strategies previously.

Discuss your methods for staying up-to-date, such as subscribing to industry newsletters, attending webinars, or being part of professional networks. Demonstrating proactive research and continuous learning is crucial.

Provide a specific example where you identified a compliance issue, detailing the steps you took to resolve it, the stakeholders involved, and the outcomes. Highlighting your problem-solving skills and decision-making abilities here is key.

Explain the significance of the ASIC Act in regulatory compliance, demonstrating your understanding of how it affects financial service providers and the expectations of compliance officers like yourself. Show your knowledge of specific areas that the Act covers.

Talk about your prioritization techniques, such as assessing the potential risks of various tasks, urgent deadlines, and stakeholder needs. Share a practical example to show your efficiency in handling multiple responsibilities.

Mention specific Governance, Risk, and Compliance (GRC) systems or software you have used, highlighting how you've utilized these tools to streamline compliance processes, track incidents, or document policy changes.

Outline your approach to conducting compliance training sessions, including how you tailor content to suit different team needs and ensure engagement among staff. Providing feedback mechanisms will also demonstrate your commitment to effective training.

Prepare to share specific instances where you've managed regulatory inquiries, detailing the process you followed, the challenges you faced, and how you ensured compliance with regulatory standards throughout.

Discuss the key principles of the National Consumer Credit Protection Act (NCCP) and its importance in ensuring credit providers comply with responsible lending obligations, providing examples of how these regulations would guide your decision-making as a compliance officer.