Job Description
About the company:
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Our mission is that "Any financial application can onboard any user, anywhere in the world, in 1 click." Transak provides onboarding to financial applications through authentication, KYC, risk checks, and fiat on/off ramps. This is a next generation of infrastructure for the next generation of financial applications that are built on blockchain and stablecoin rails. Our API and widget-based solutions are used by top partners like MetaMask, Coinbase, Ledger, and Trust Wallet to enable seamless onboarding of over 10 million users across over 450 active applications.
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We have raised over $37M from top-tier investors including Consensys, Tether, and Animoca Brands.
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About the Role
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Transak requires an Australia-based Responsible Manager to support its Australian Financial Services Licence application and ongoing local operating model. The role is critical to sustaining and expanding Transak's Australia on/off-ramp business, including local card acquiring, planned bank transfer rails, and future Australian financial services coverage.
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The Responsible Manager must be able to evidence organisational competence to ASIC, support AFSL application materials, and operate as a credible local regulatory and governance lead. The person should be practical, commercially aware, and comfortable working in a digital asset, payments, stablecoin, and cross-border financial services workplace.
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This role should not be treated as a generic compliance hire. It is a licensing-critical role with potential personal and organisational consequences if the person lacks appropriate experience, independence, documentation discipline, or regulator credibility.
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Key Responsibilities
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1. AFSL Application & Organisational Competence
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Act as proposed Responsible Manager for Transak Australia's AFSL application, subject to counsel confirmation of fit.
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Support preparation of ASIC FS01, A5/B5 business description proofs, RM proofs, competence statements, and related application materials.
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Evidence appropriate knowledge, skill, experience, and availability to support Transak's proposed authorisations.
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Work with AFSL House / local counsel to finalise the RM competence pack.
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Support responses to ASIC questions during application review.
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2. Digital Asset Product Perimeter & Token Governance
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Support the token-by-token review required to determine which listed assets may be financial products under Australian law.
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Help map services and product categories against the 31 December **** no-action relief cut-off.
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Identify tokens or services that may fall outside available relief.
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Support remediation plans where products, categories, or services are outside relief or outside intended AFSL coverage.
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Maintain an Australia token perimeter register with Legal, Compliance, Product, and Risk.
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3. Local Governance & Regulatory Relationship Management
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Provide credible local regulatory oversight for Transak Australia.
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Support board and director updates on AFSL, ASIC relief, remediation, AFCA, PI insurance, and compliance framework status.
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Maintain audit-ready records of local decisions, approvals, and regulatory advice.
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Coordinate with AFCA, ASIC-facing counsel, auditors, insurers, and banking partners as required.
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Escalate issues promptly where local operations may exceed licence coverage, no-action relief, or risk appetite.
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4. Compliance Framework Implementation
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Localise Transak's compliance framework for Australia, including financial services compliance, AML/CTF interfaces, complaints, outsourcing, risk management, incident reporting, and breach escalation.
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Support implementation of AFSL-ready policies and controls.
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Define local monitoring, reporting, and evidence requirements.
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Support Australia-specific training for Product, Operations, Legal, Compliance, Support, and Commercial teams.
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5. Cross-Functional Enablement
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Translate regulatory requirements into practical operating rules for Product, Engineering, Operations, Commercial, Treasury, and Support.
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Help the business distinguish between acceptable growth, temporary restrictions, and hard regulatory blockers.
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Support banking and PSP conversations by providing credible local compliance context.
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Enable expansion without weakening documentation, escalation, or control standards.
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Must-Haves
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Australia-based and ordinarily resident in Australia.
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8+ years in financial services compliance, licensing, legal/regulatory, risk, payments, or digital assets.
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Demonstrable ASIC-regulated financial services experience.
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Prior Responsible Manager, AFSL application, authorised representative, compliance lead, legal counsel, or equivalent organisational competence experience.
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Ability to support ASIC-facing RM proofs and regulator questions.
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Strong understanding of Australian financial services regulation, Corporations Act obligations, AFCA, PI insurance, breach reporting, and governance expectations.
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Practical understanding of payments, digital assets, stablecoins, crypto exchanges/on-off ramps, remittance, or fintech infrastructure.
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Strong documentation and escalation discipline.
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Commercial pragmatism and ability to work with Product, Operations, Legal, Compliance, Banking, and Commercial teams.
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Nice-to-Haves
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Existing or prior ASIC Responsible Manager status.
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AICD membership or director governance training.
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Legal qualification, accounting qualification, MBA, or relevant compliance certifications.
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Prior work with crypto exchanges, stablecoin infrastructure, PSPs, remittance providers, or fintechs.
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Existing relationships with Australian crypto/payments ecosystem, ASIC-facing advisers, AFCA, banking partners, or industry bodies.
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Ability to also act as local country lead or support commercial partnerships, provided RM independence and competence are not compromised.
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#J-*****-Ljbffr

📌 Responsible Manager, Australia (New South Wales)
🏢 Transak
📍 New South Wales