Retail Risk and Compliance Specialist

Invercargill, New Zealand \| req414

Applications Close: 24/07/2026

With a rich history spanning over 150 years in Aotearoa New Zealand, SBS Bank is making a positive impact on Kiwis' lives by helping them find a place to call home. It's a powerful purpose that drives us every single day!

Right now, we're on an exhilarating transformation journey, reimagining how we can deliver a more modern and secure banking experience that suits how people live today, and in the future.

It's an exciting time, and as part of this we're growing our team and investing in new capabilities to help share the future of banking in New Zealand.

If you're passionate about making an impact and being part of something meaningful, we'd love to hear from you. At SBS, we truly believe that when people achieve their financial goals, their whānau and communities flourish as a result.

To help us with this, we are searching for a Retail Risk and Compliance Specialist to join our team based in Invercargill, on a fixed term basis.

Are you a confident risk and compliance professional who enjoys partnering with the business to support good member outcomes? We’re looking for someone to join SBS Retail in a key first line role, helping our teams identify, understand and manage risk across retail operations, products, processes and member interactions.

What you'll be busy with:

Working closely with Retail leadership, frontline teams, and Risk and Compliance to;

• embed strong risk practices,
• support incident management and control oversight,
• contribute to risk reporting and change initiatives,
• promote clear ownership of risk and controls across the business.
• maintain appropriate disclosure, member communication and regulatory requirements, ensuring obligations are understood and effectively implemented.
• undertake first line risk assessment, monitoring and control oversight activities across Retail to support compliance with legislative requirements, regulatory expectations, internal policies, and the Bank’s risk management framework.

What you'll bring:

Essential

• Strong understanding of risk management frameworks, controls, incident management and remediation processes.
• Ability to analyse information, identify themes and communicate insights effectively to a range of audiences.
• Demonstrated experience influencing stakeholders and building strong working relationships across business functions.
• Strong written communication skills.
• Understanding the NZ regulatory environment and knowledge of relevant legislative requirements.

Preferred

• Experience applying regulatory and legislative requirements in a banking or financial services environment.
• Experience in operational risk management, compliance, conduct risk or related disciplines.

Banking industry knowledge * Experience supporting change initiatives.

Possess either a relevant tertiary/post graduate qualification in commerce, finance or law; or have substantial relevant experience within a financial institution or similar organisation

This role is full time, 37.5 hours a week, worked 8.30am to 5pm, Monday to Friday.

It is fixed term for up to 24 months to cover a secondment due to a large programme of work.

About Us:

We're on an exhilarating growth journey, and we need exceptional individuals who are ready to embrace our ambitious goals. We're seeking passionate trailblazers from all walks of life who are eager to shape the future of banking.

As a 100% NZ Member-owned bank, we have the freedom to focus on creating real value for our Members (customers). With no shareholders to please, we can offer market-leading lending and funding rates while giving back to our communities through local sponsorships and support. Every success we achieve directly benefits our Members and the regions we serve.

We foster an inclusive and innovative environment that thrives on challenging the status quo. We actively encourage our people to question conventions, push boundaries, and test our thinking. This mindset paves the way to successfully achieving our growth. When it comes to our culture, we're proud to say that we're more than just colleagues – we're a close-knit, caring, and inclusive whānau. We embrace diversity in all its forms and actively promote an environment where everyone feels valued, respected, and empowered. We invest in your development, well-being, and growth because we believe that when you thrive, we all succeed.

So, if you're ready to be part of a small bank with a big heart, where your unique perspectives and contributions are celebrated, then come on board and join us! Together, we'll help Kiwis find a place to call home.

join the Bank with Heart and become part of our SBS whānau