Job Description
Company DescriptionSupporting millions of Aussies since 1988 with low fees and competitive long-term performance. Profits back to members, not shareholdersClosing date: 9th August 2024 *Please note Rest does not accept speculative resumes from recruitment agenciesJob DescriptionDay to day management of the FAR office for RestLeading industry fund recognised in Linkedin Best Places to WorkHybrid working environmentAbout UsEstablished in 1988, Rest is one of Australia’s largest profit-to-member superannuation funds.We support nearly two million members, with around $75 billion of funds under management and are recognised as a responsible investment leader*. We believe when members understand and engage with their super, they’re more likely to get a better retirement outcome.Everything we do at Rest is underpinned by our values and behaviours, we want to Be Daring, Keep it Simple, Take Action and Have Grit. To put it simply we want our people to thrive and love the work they do.About the JobWe are looking for a Head of Office of the FAR to join the team at Rest. Providing the day to day management of the FAR Office, you will maintain the FAR framework including operating procedures and provide guidance to Accountable Persons and the business on governance and accountability.Reporting to the General Manager, Trustee Governance, and Company Secretary, you will be part of the team responsible for secretariat, governance and accountability across Rest.This role is critical in driving the execution of accountability across the organisation including implementing and operationalising the FAR regime. It will be the subject matter expert on accountability and provide commercially pragmatic advice, effectively negotiate with and influences senor stakeholders and drive the evolution and maturing of accountability, and the implementation of FAR across the organisation.Implementing FARSupporting the implementation of FAR at Rest.Day to day management and embedding of FAR and accountabilityThe day-to-day management and implementation of the FAR Framework and ensuring it is operating effectively. This includes :Implementing the relevant policies, providing reporting and insights, awareness sessions and developing and maintaining operating procedures etc.Developing, implementing and monitoring and activities in place to ensure adherence with the FAR Framework.Working with Accountable Persons on Accountability Statement and Map changes and coordinating appropriate reviews, registrations, approvals, and submissionsActively engaging with key stakeholders on a regular basis and providing timely and commercially pragmatic advice to Accountable Persons and key personnel in the business.Challenging Accountable Persons and providing meaningful insights on areas for improvement.Developing, delivering and refining tools and guidance and support provided to Accountable persons (regular training, simulations, onboarding of new Accountable Persons)Working closely with the P & C team on conduct related matters.Provision of advice on FAR related/regulatory change projectsKey stakeholder for consultation and feedback in any FAR related or regulatory change projects that may have a FAR impact that take place in the business or as part of the banking program.Actively monitoring the regulatory landscape and analysing impacts of new and amended legislation, regulation and regulatory guidance on FAR in collaboration with compliance as required.Leading FAR related matters as required.Insights and Industry knowledge:Developing and maintaining strong relationships with peer FAR Offices, to ensure that insights are shared (as appropriate).Governance and accountability advice and supportSupporting on advising on and enhancing the governance and accountability framework including liaising with stakeholders so that effective governance arrangements are in place at board and management levelsProviding technical advice, briefings and expertise on governance and accountability.Influencing and enabling a robust and proactive governance and accountability cultureAssisting Rest to fulfill its duties in relation to governance and accountability standards.Monitoring regulatory and legislative developmentsIdentifying, advising and educating on emerging governance and accountability risks.Identifying and recommending strategies to address gaps in business knowledge and understanding of governance and accountability matters.QualificationsAbout You:University Degree (Legal, Human Resources, or role related disciplines.)Governance qualifications (or plan to undertake)Proven deep experience in the financial services industryDeep understanding and knowledge of regulatory environmentExtensive experience in one or more of Legal, Regulatory, Governance, People and Culture, or Risk and Compliance.Desirable:Experience in implementing and operationalising BEAR and/or FAR.Additional InformationBenefitsOur benefits have been designed so you can tailor your experience with us and include:Personal and professional development opportunitiesHybrid workingPurchase leave scheme and gender neutral 16 weeks paid parental leaveSuper Contribution Continuation for 12 Months of parental leaveMeeting free breaks (Rest Stops)Income Protection InsuranceRest Excellence awards (peer recognition awards based on Rest’s values and behaviours)If you share our values, believe you can help make a difference for our members and want to be part of a leading superannuation fund with a Super culture, please click Apply Now.Rest is committed to creating a flexible work environment and culture that embraces diversity, equity, and inclusion - where people feel welcome, safe to be themselves and inspired to do their best.We value the different backgrounds, lived experiences and abilities our diverse team brings. We welcome and encourage applications from candidates of all ages, cultural backgrounds, faiths, gender identities, sexual orientations and thinking styles. This includes people with disability, neurodiverse individuals, Aboriginal & Torres Strait Islander peoples and those with disrupted work history due to career or other breaks.Please note only people with the right to work in Australia will be considered.*Funds under management as at 30 June 2023. Rest is recognised as a by the Responsible Investment Association Australia (RIAA) in its Responsible Investment Benchmark Report 2022.Rest will review applications prior to the closing date and may close the role earlierRest
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