Client A current client for ICG has asked for assistance to proactively upgrade their compliance capabilities over the next few months.

Role

Scope of Review

1. Regulatory Framework Assessment

- Evaluate current external Acts, Regulations and other compliance obligations applicable as a listed lender and a registered managed investment provider. Highlight any missing areas and areas for improvement.
- Review our internal compliance policies and identify any missing policy areas and areas for improvement.

2. Compliance Program Evaluation

- Review and evaluate the current compliance program and operations (including the structure and resources of the compliance team).
- Identify any missing or risk areas, and/or areas for improvement.

3. Risk Assessment

- Identify and evaluate potential compliance risks and gaps across business operations.
- Identify regulations with the most material financial or reputational penalty for non-compliance or breach for prioritisation.

4. Monitoring and Reporting Mechanisms

- Examine current company-wide monitoring practices for compliance adherence.
- Evaluate reporting channels for compliance incidents and breaches.

5. Stakeholder Engagement

- Gather feedback from stakeholders, including employees, management, and external partners, on the effectiveness of the compliance function.
- Assess the relationships and communication between the compliance function and other departments

Key Deliverables

Expected Outcomes

1. Gap Identification

- List of compliance gaps, including regulatory non-compliance, insufficient training, and ineffective monitoring mechanisms.

2. Recommendations





- Develop actionable recommendations to address identified gaps and improvements.
- Provide recommendation(s) on what a company-wide compliance function could look like including structure, roles and operation.

Deliverables

- A detailed report summarizing findings from the review.
- An ongoing compliance improvement action plan.
- An optional extra to create and run a “diagnostic compliance survey” as part of this work

Skills and experience required ● Principal or partner level consultant at Big Four ● 10+ years’ experience in financial services compliance ● Expertise across secured and unsecured lending and cash based investment products ● Professional engagement with C-Suite executives

Logistics

Start date: Early February Duration: 3-4 Weeks

Location: The role is Sydney based

Rate: The daily rate to the consultant will be AUD$1,850 per day reflecting the seniority required

Application Close date: No later than Thursday 16th 2025, 12-noon

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APT’s must be lodged within 48 hours. We will review all APT's and select the best 3 for the client. The client will then conduct interviews.

Please note that the net rate quoted is an ICG Affiliate rates available for ICG Members only. Any previously agreed and documented rates for candidates introduced to ICG via approved 3rd parties will be honoured.

To apply for this BAF® Please log into the link below to apply online to ICG's new Application Tracking Software (ATS)

http://internalconsulting.com/applynow/

If you are aware of a suitable candidate for the role please forward on.

📌 Consultant Gig #993–SYDNEY–Banking and Investments Compliance (Sydney)
🏢 Internal Consulting Group
📍 Sydney