Director, IT Risk and Compliance

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

You will be reporting to the Chief Information Security Officer under the CFS Chief Operating Office (Transformation, Technology and Operations – TTO. You will also manage a team of high performing and driven Risk and Compliance professionals spanning domains of risk strategy and general risk management, technology, data, and cyber risk. The team’s remit expands across the entire CFS Technology environment and the broader CFS business in the delivery of their outcomes within an effective risk culture.

 

Your Responsibilities

• Lead the Line 1 risk management and advisory teams to ensure CFS technology environment and services are effectively risk-controlled and aligned to regulatory compliance requirements. This involves controls testing and monitoring, issues and incident management, KRI monitoring, external audit and regulatory attestation facilitation.
• Lead the Line 1 IT Risk and Compliance team, fostering a high-performance culture and empowering specialists to navigate complex risk landscapes.
• Act as a trusted advisor to senior stakeholders, promoting a strong risk culture and embedding sound risk behaviours and values across the organisation, tangibly enabled through influencing and informing confident and timely business decision-making at the Executive level. 
• Oversee risk management activities including controls testing, incident and issue management, KRI monitoring, and regulatory attestation.
• Drive strategic risk reporting and governance to support Executive and Board-level decision-making aligned with Financial Accountability Regime (FAR) principles.
• Ensure compliance with APRA standards (CPS/SPS 220, 231, 232, 234, and 230) and manage risks associated with material outsourcing and IT resiliency.
• Collaborate with transformation and technology teams to assess and manage risks in change initiatives, including Technology Risk Assessments (TRA) and Delivered Risk Assessments (RiC).
• Guide the remediation of control gaps and process weaknesses, ensuring robust risk controls are in place for critical systems and suppliers.

 

Your Capability and Experience

• Multiple years of experience in a similar risk related role
• Demonstrable stakeholder management experience & ability to engage and influence across multiple business and support areas, including cross business unit senior leadership team, Executive Committees and Board level;
• Proven leadership, development and coaching of high performing, agile team members who thrive with autonomy and problem solving and requires their leader to support through understanding of outcomes to be achieved rather than solely output. 
• Proven capability in project management to implement initiatives and achieve strategic objectives. 
• Deep understanding of operational and IT resiliency, outsourcing and offshoring risks including with respect to data, and regulatory compliance frameworks. 
• Knowledge and experience in Superannuation/Wealth and Financial Services industry will be an advantage to succeed in the role;

 

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 Gadigal Land (Sydney).