Why choose Kaizen Recruitment to build your
risk and compliance team?
Because we have been specialists in financial services since 2007
With numerous risk and compliance recruitment awards under our belt, we are one of the most trusted names in Australia’s financial services sector. Using the latest recruitment tools, our database of over 15,000 professionals and an expansive national talent network, we can help you to find exceptionally qualified talent at all role levels within your organisation.
Our Solutions
We service a national base of Australian clients and have offices in both Sydney and Melbourne – staffed by an expert team offering a combined 150+ years of financial services and recruitment experience.
As leading risk and compliance recruitment specialists, we work to help our clients pinpoint the right professionals at the right moment, in the right place. We achieve this through consistent relationship building and by maintaining a curated network of qualified candidates who are readily available to fill open positions.
Leverage our unmatched executive network to find your next risk leader.
We have already found the right opportunity for thousands of financial professionals across Australia.
Find qualified talent to fill your projects no matter their length or scope.
80% of Kaizen placements come from our internal database and national talent network, allowing us to provide higher-quality passive candidates than job ads alone.
Looking for your next great role? Check out the latest jobs available in your niche
It takes great people to find great people
At Kaizen Recruitment, we not only find the best risk and compliance talent – we are led by the best.
Amanda Chisholm is our financial services expert, specialising in legal, risk, compliance and executive search for funds management, superannuation, insurance, asset consulting and wealth management.
She is a nationally recognised, award-winning recruitment professional, a popular speaker, podcaster, and a member of both the VIC chapter of the RMIA and Governance Institute AU.
Get the latest insights into Australia’s risk and compliance market
With a heightened focus on strengthening risk management, Australian organisations are offering higher compensation and expanding the responsibilities of their key senior leaders. Now more than ever, data is crucial to success.
For employers, the Kaizen Recruitment Risk, Compliance, and Assurance Professionals' Financial Services Salary Guide will help you to stay ahead in a tight recruitment market.
For job seekers, we provide unique insights into the salary benchmarks, opportunities and challenges relevant to your role.
Inside the Report
Risk & Compliance FAQs
According to the latest Kaizen Recruitment Salary Guide, the average salary for professionals in risk and compliance is $172,000.
At the lower end, analysts with one to two years’ experience typically earn around $90,000 to $140,000 inclusive of superannuation. Meanwhile, CROs can expect to earn up to $450,000 inclusive of superannuation but exclusive of bonuses.
Senior risk and compliance professionals can typically expect to receive an annual bonus/incentives package worth a median $11,000.
Additionally, we are seeing an increase in organisations winning on their Employment Value Proposition (EVP) by offering better work-life balance, with no global calls at all hours of the night, a ‘work from anywhere approach’ and flexibility around families.
Further desirable job benefits include:
- Having purpose at work
- Career development pathways
- Recognition and rewards
- Extra holiday leave
- Increased parental leave, including adoption leave
- Childcare subsidies for the days employees are in the office
- Subsidised transport costs (e.g. Myki, Opal, etc.)
- Additional learning and development budget
There are many ways to attract highly qualified financial professionals to a risk and compliance team, including:
- Offering competitive salary and benefits packages on-par (or above) the average market rate
- Encouraging better work-life balance (and offering incentives which make this easier)
- Tackling toxic work cultures
- Monitoring workloads*
- Strengthening your leadership team
*We are seeing many senior risk and compliance leaders resign from their positions without other roles to go to. Reasons include increased workloads due to heavy changes in regulation, years of change, project and transformation work, a delayed burnout felt due to restructures and running lean teams, and a severe lack of headcount to meet workload demands.
As Australia’s financial landscape evolves, we see the following skills as some of the most desirable among employers:
- Investment and market risk
- Investor reporting
- Enterprise and operational risk
- AML/KYC
- ESG and sustainability risk
- Investment governance and investment data governance
- Regulatory risk and compliance
- Investment/fund and mandate compliance
- Operational due diligence (ODD)
- Business resilience/continuity
- Financial crime and cybersecurity
- GRC and technology implementation and risk project work
The key to improving employee retention in risk and compliance is sitting down with your team and finding out what they desire in their role. If there is a distinct gap between what people want and what they can get, you will find an opportunity to make rapid improvements.
Looking towards creating long-term improvements, fundamental to employee retention is offering a great Employment Value Proposition (EVP). Your EVP is a statement of what you offer current and potential employees, drawn from your company values and culture, showcasing your unique qualities in comparison to industry peers.
Steps to improving your EVP include:
- Uncovering what your employees want from you, as described above.
- Constructing your EVP based on the data, aiming to write a clear, succinct statement encapsulating what your employees love about your organisation and why candidates should consider working with you.
- Communicating this EVP statement both internally and externally, ensuring it is well embedded into the company culture, strategic planning and recruitment process.
From here you can monitor, review and update your EVP over time to further optimise.
Learn more: Steps to Creating a Great EVP