Banking & Financial Services jobs

BLOCK EARNER | Sydney NSW

Location - Sydney NSW (on-site)

Employment type - Full-time, permanent

Salary - AUD $230,000 per annum plus superannuation

Web3 Ventures Pty Ltd (ABN 63 655 090 869), trading as Block Earner, is recruiting a Chief Risk & Compliance Officer for a full-time, permanent executive position at our office in Sydney NSW.

Block Earner is an Australian fintech bridging traditional finance and blockchain technology. We give every day Australians access to crypto-backed credit products and decentralised finance yields through a secure, intuitive platform. As we scale our lending and exchange operations, secure our own financial services and credit licences, and prepare for international expansion, this role will join our executive leadership and set the direction for how Block Earner operates as a regulated financial services business.

Benefits

• $230,000 per year plus superannuation, with a salary review after the six-month probation period.
• Full-time, permanent executive position based in Sydney NSW.
• A seat at the executive table and a direct reporting line to the Board.
• Lead the launch of new credit products, our own AFSL and ACL, and international expansion.
• Work alongside the founders and the Board at the frontier of crypto regulation in Australia.

Task & responsibilities

Strategy, policy and direction

• Determine the organisation’s objectives, strategies, policies and programs within the framework set by the Board, including risk appetite, regulatory strategy and the policy framework for lending, exchange and custody operations.
• Provide overall direction and management to the organisation, setting priorities for business units and ensuring product, operations, technology and customer functions operate within approved strategy, policy and risk appetite.
• Shape the regulatory and structural strategy for new credit products and international expansion, including decisions on entering new markets and product lines.

Resources and financial management

• Authorise the material, human and financial resources needed to implement organisational policies and programs, including budgets, headcount, technology, vendor spend and external advisers.
• Prepare, or arrange for the preparation of, reports, budgets and forecasts, and present them to the Board.

Performance, governance and compliance

• Monitor and evaluate organisational performance against objectives and strategies, and adjust policies, programs and resourcing so objectives are met.
• Consult with senior staff, review their recommendations and reports, and make final decisions on matters within your authority.
• Report directly to the Board and its committees on strategy, risk, regulatory standing and compliance, and design the governance framework, including risk registers, committee charters and delegations of authority.
• Ensure compliance with company law and all relevant legislation, including the Corporations Act 2001, National Consumer Credit Protection Act 2009, AML/CTF Act 2006 and Privacy Act 1988.

External representation

• Represent Block Earner before ASIC, AUSTRAC and AFCA, including leading licence applications, regulatory engagement, consultations and enquiries.
• Represent the organisation in negotiations with banking, exchange, custody and white-label partners, and at industry forums, conventions, seminars and public hearings.
• Engage and direct external law firms, auditors and specialist advisers.

Leadership and people

• Select, or approve the selection of, senior staff across legal, compliance, risk and financial crime.
• Build and lead a high-performing legal, compliance and financial crime team that can scale with the business.

Legal, licensing and financial crime

• Hold executive accountability for the legal function, including commercial, partnership and white-label agreements and customer-facing documents such as Terms of Service, Loan Agreements and Risk Disclosure Statements.
• Set and lead the strategy for securing Block Earner’s own Australian Financial Services Licence (AFSL) and Australian Credit Licence (ACL), and the frameworks for meeting licence conditions and ASIC Regulatory Guides, including DDO and complaints handling.

Own the AML/CTF Program and set policies and controls for fiat and crypto transaction monitoring, suspicious matter reporting, enhanced customer due diligence, and PEP and 

Qualification & experience

• Bachelor of Laws (LLB) or Juris Doctor (JD) – mandatory. A second degree in Commerce, Business or Economics, or a postgraduate qualification, is highly regarded.
• At least 8 years’ experience in legal, compliance, risk or regulatory roles in financial services, fintech, crypto, a law firm or a Big 4 firm, including at least 5 years in senior management or executive leadership.
• Demonstrated experience setting organisational strategy and policy, managing budgets, leading teams and reporting to a board or executive committee.
• Admission as a Solicitor of an Australian Supreme Court (or eligibility for admission) is strongly preferred.
• Deep working knowledge of the AML/CTF Act, the Corporations Act (Chapter 7) and the NCCP Act.
• Experience designing risk and compliance frameworks and reporting to boards and committees.
• Strong commercial negotiation and drafting skills, with credibility among regulators, partners, investors and the Board.
• Ability to set organisation-wide direction, make decisions with incomplete information and hold others accountable for delivery.