Manager - Risk Management (Compliance)

About the role

KPMG Australia is seeking a Line 2 Compliance Manager to join its Compliance team in Melbourne. The role is central to embedding the Three Lines of Defence model and supports the design, implementation and ongoing oversight of the firm's compliance framework, with a focus on end-to-end compliance, AML/CTF, Australian Financial Services Licensing (AFSL) and broader regulatory compliance. It suits someone wanting to deepen expertise in regulatory compliance within a Line 2 function.

Key responsibilities

• Provide second-line oversight and constructive challenge on compliance with regulatory obligations
• Support implementation and continuous improvement of compliance policies, controls and procedures
• Advise Line 1 teams on KYC, customer due diligence (CDD) and client onboarding, and review client risk assessments and onboarding decisions
• Monitor AFSL obligations and advise on licence conditions
• Oversight of AML/CTF risk assessments, control design and testing, and regulatory reporting
• Oversee compliance monitoring, assurance, breach and incident management, and emerging regulatory issues
• Conduct compliance reviews and thematic assessments, and deliver advice, guidance and training
• Engage with ASIC, AUSTRAC and AFCA on enquiries, reviews and submissions

Required profile

• Previous experience in a compliance or risk role within financial services
• Experience in second-line (Line 2) compliance or risk functions
• Relevant qualification in law, finance, risk or a related discipline
• Ability to interpret complex regulatory requirements and turn them into practical controls and guidance
• Strong stakeholder management, communication and analytical skills, able to influence senior leaders and engage at Board level

Required skills

• Financial crime risk and AML/CTF obligations
• Interpretation of corporate legal structures and ownership arrangements for AML/CTF
• Corporations Act and ASIC Regulatory Guides
• AFSL regulatory requirements and ASIC expectations
• ASIC, AUSTRAC and AFCA reporting and submissions
• Compliance monitoring, assurance and risk assessments
• Designing and delivering compliance or regulatory training