Contribute to APRA's role as prudential regulator of financial institutions through the implementation of the Financial Accountability Regime
Opportunity for flexible working arrangements in a workplace that values diversity, inclusion and work/life balance
Implementation of the Financial Accountability Regime will deliver on the Government's commitment to extend the Banking Executive Accountability Regime (BEAR) across all APRA-regulated industries. A key objective of the Financial Accountability Regime is to strengthen accountability frameworks across all APRA-regulated entities for both prudential and conduct purposes. The Regime will be jointly administered by APRA and ASIC.
APRA is seeking an experienced Analyst or Advisor to join the Accountability Regime team within our Cross-Industry Insights and Data (CID) Division. Working closely with the Senior Manager, you will be responsible for shaping and delivering APRA's implementation of the Financial Accountability Regime across all APRA-regulated banks, insurers and superannuation entities in Australia. You will collaborate and engage with a wide range of internal and external stakeholders to deliver a credible and high-quality regime.
Supporting APRA's engagement with ASIC in designing and implementing appropriate systems and processes to operationalise this dually-administered regime
Contributing to the development of guidance and other materials to assist industry with the implementation of the regime
Achieving cooperation and engagement across internal stakeholder teams for the successful implementation and operationalisation of the regime
Collaborating on horizontal reviews of accountability statements, maps and other relevant information across the industry divisions to ensure consistency and to identify and report systemic issues
Providing centralised support to internal and external stakeholders by addressing technical queries and by providing training/information sessions
Desired knowledge and experience:
The ideal candidate will possess demonstrated experience involving the implementation of regulatory-driven projects or compliance frameworks within the banking, insurance or superannuation sectors. You will have strong analytical and problem-solving ability with excellent attention to detail, along with highly developed written and verbal communication skills. Tertiary qualifications in a relevant field are required, or a combination of relevant experience, education and training. Prior experience in implementation of the BEAR would be highly desirable, but not essential.