Summary
Overview
Work History
Education
Skills
Certification
References
Timeline
Generic

Judith Jane

Auckland,AUK

Summary

Dynamic compliance leader with extensive experience at ANZ Bank Limited, adept at transforming compliance strategies and empowering high-performing teams. Proven track record in regulatory affairs, leveraging deep knowledge of the NZ regulatory landscape to drive significant improvements. Skilled in providing strategic insights while fostering trust with stakeholders, ensuring robust compliance frameworks.

Overview

26
26
years of professional experience
1
1
Certification

Work History

Head of Compliance (NZ)

ANZ Bank Limited
05.2020 - Current
  • Leadership of the NZ Line 2 Compliance team which includes Regulatory Affairs (circa 22 staff). Accountable for the strategic direction of compliance to meet the overall Risk Management Strategy including the overall enterprise culture of compliance risk ownership. Key achievements:
  • Transformation of the Line 2 Compliance team as part of the wider Non-Financial Risk transformation, building a more adaptive and capable team able to meet the growing challenges of both the NZ regulators and business stakeholders.
  • Implemented a wholesale change to the ANZ prudential compliance strategy as part of the wider RBNZ s.95. This work transformed ANZ’s approach to compliance, introducing a more modern traceable and data driven methodology and an integrated assurance programme.
  • Accountable for the compliance approach to the Financial Services Legislation Amendment Act 2019 (FSLAA) and the Credit Contracts and Consumer Finance Act 2003 (CCCFA) which leveraged the prudential work and further matured the traceability aspects which over time will generate better data on how we demonstrate compliance with the regulation.
  • Business owner of the Financial Markets (Conduct of Institutions) Amendment Act 2022 (COFI) with oversight of the implementation including the license application and Fair Conduct Program.
  • Regular, valued contributor to the New Zealand Leadership Team (Executive) and Board providing training, updates, and opinions on key compliance regimes (CCCFA, Conduct, Conditions of Registration, Privacy, Financial Market Services Licenses).
  • Key ANZ engagement partner interfacing with the Financial Markets Authority (FMA).
  • Co-chair of the ANZ FORWARD Affinity Group (key delivery partner of the overall ANZ Equity, Diversity, and Inclusion strategy)

Compliance Manager (Programme role, BS11)

Westpac New Zealand Limited
08.2019 - 05.2020
  • Accountable for embedding the BS11 compliance approach including:
  • Developing a work share relationship with the Commercial Services division to drive alignment of the BS11 agenda and compliance plan.
  • Challenging the robustness of the implementation of the procurement processes to support compliance with BS11 and influenced the uplift of these processes through both thought leadership and management of process improvement.

Head of Corporate and Prudential Compliance (Line 2)

ASB Bank Limited
10.2017 - 08.2019
  • Leadership of the line 2 compliance team (excluding financial crime) accountable for the development, implementation and maintenance of the Compliance Risk Management Framework including the provision of advisory services to ASB’s business and support units. Key achievements:
  • Accountable for the compliance approach to embed changes to Bank licensing obligations, BS11 Outsourcing, Financial Services Legislation Amendment Bill, Australian Notifiable Data Breach Regulation, European General Data Protection Regulation.
  • Led the local implementation of a standardised operational and compliance risk ‘taxonomy’. This implementation has transformed the way the Bank wide risk profile is managed at a C-suite level.
  • Led the adoption of a conduct framework and a conduct plan demonstrating ASBs adoption of the Financial Markets Authority conduct principles.

Head of Monitoring and Review (Line 2 Assurance)

ASB Bank Limited
12.2015 - 10.2017
  • Establishment and leadership of the line two assurance function, accountable for providing assurance over the policies, key regulatory obligations and risk types owned by Operational Risk and Compliance. Key achievements:
  • Implemented a risk-based assurance methodology which focused on positive assurance through objective examination of evidence.
  • Designed and led the successful execution of the line 2 Monitoring and Review Plan including completion of 16 reviews over a 2-year period resulting in circa 50 recommendations to improve the implementation of policies, regulatory compliance, or management of material risks.
  • Developed a policy maturity framework to provide management with insight on the level of optimisation of a policy implementation.
  • Provided assurance opinions on the AML/CFT framework to RBNZ during their visits in 2017, including copies of completed assurance work.

Senior Risk Manager (Line 2 Risk Management)

Sovereign Insurance (now AIA, formally owned by ASB Bank Limited)
06.2015 - 12.2015
  • Accountable for consultative, advisory and assurance services that support management in effectively identifying, monitoring, and managing the risks that impact on business objectives. Key achievements:
  • Developed advice-based relationships with management across the business. This included facilitating information sharing, awareness and driving alignment across the business by proactive contributions to risk committees and working groups.
  • Contributed towards the embedding of the Risk in Change programme and implemented the model policy across the organisation.
  • Developed and delivered education and training to the business on best practice risk management including the identification of issues, writing, and maintaining controls and test plans, capturing relevant risks and incident management processes.

Senior Audit Manager – Retail Network Assurance (RNA)

ASB Bank Limited
05.2014 - 06.2015
  • Leadership of the Retail Network Assurance team, accountable for providing independent assurance to the ASB branch network. Key achievements:
  • Led the uplift of the RNA strategy which included improved analytics to more accurately risk assess branches, continuously monitor specific branch metrics, and identify higher risk areas within the branch network for targeted assurance work.
  • Successful design and execution of the branch audit plan (eight to 12 audits per quarter), including on-going monitoring of policy and process changes in the business to keep audit plans up to date.
  • Influenced senior stakeholders within retail banking to improve risk management through assurance activities and specialised working groups. Stakeholder engagement demonstrated through consistently high customer feedback scores (4.81/5 for 2014).

Senior Audit Manager – Internal Audit

ASB Bank Limited
04.2012 - 06.2014
  • Management and oversight of specific assurance engagements within ASB head office divisions.
  • Successful delivery of audit engagements including audit planning, communication of audit findings to stakeholders, reporting and follow up. People management of assigned audit staff (normally two-six staff).
  • Audit areas covered include Branch Banking, Lending Services, Internal Capital Adequacy Assessment Process (ICAAP), covered bonds issuance, regulatory compliance (APS and Reserve Bank Standards, Anti-Money Laundering, FATCA), Institutional Transactional Banking, Institutional Client Relationships, insurance fee reviews, Credit Risk, Market Risk and Treasury.

Audit Manager – Internal Audit

ASB Bank Limited
02.2011 - 04.2012
  • Perform and lead audit work on specific assurance engagements within ASB head office divisions.

06.1999 - 02.2011
  • Various roles at large corporates including ANZ Bank Limited, Air New Zealand, Vodafone NZ Limited (now One NZ), Warehouse Stationery Limited and Agile (NZ) Limited (Formerly Fisher & Paykel Communications).

Education

Chartered Accountant -

The New Zealand Institute of Chartered Accountants
01.2011

Bachelor of Business - Accounting & Information Technology

Auckland University of Technology
01.2008

Graduate Diploma in Business - Accounting

Auckland University of Technology
01.2008

Skills

  • Leads and empowers high performing teams by creating a collaborative and supportive environment
  • Experienced in advising Boards and senior leaders
  • Extensive knowledge of the NZ regulatory and prudential landscape
  • Demonstrates curiosity to build trust and understanding with stakeholders
  • Cuts through complexity to provide insights into opportunities, risk, and harms
  • Demonstrates pragmatism in decision making and compliance approaches

Certification

  • 2023 He Papa Tikanga (level 3) Te Wānanga
  • Aotearoa
  • 2021 Activate Leaders Programme Global Women
  • 2018 Graduate Certificate in Compliance and Risk Management Governance Risk and Compliance Institute (GRCI Australia)
  • 2017 Assurance Mapping Institute of Internal Auditors (IIA)
  • 2016 Certificate in Money Laundering Risk in Correspondent Banking International Compliance Association
  • 2016 Sanctions Certificate Programme International Compliance Association

References

References and academic transcript available upon request.

Timeline

Head of Compliance (NZ)

ANZ Bank Limited
05.2020 - Current

Compliance Manager (Programme role, BS11)

Westpac New Zealand Limited
08.2019 - 05.2020

Head of Corporate and Prudential Compliance (Line 2)

ASB Bank Limited
10.2017 - 08.2019

Head of Monitoring and Review (Line 2 Assurance)

ASB Bank Limited
12.2015 - 10.2017

Senior Risk Manager (Line 2 Risk Management)

Sovereign Insurance (now AIA, formally owned by ASB Bank Limited)
06.2015 - 12.2015

Senior Audit Manager – Retail Network Assurance (RNA)

ASB Bank Limited
05.2014 - 06.2015

Senior Audit Manager – Internal Audit

ASB Bank Limited
04.2012 - 06.2014

Audit Manager – Internal Audit

ASB Bank Limited
02.2011 - 04.2012

06.1999 - 02.2011

Chartered Accountant -

The New Zealand Institute of Chartered Accountants

Bachelor of Business - Accounting & Information Technology

Auckland University of Technology

Graduate Diploma in Business - Accounting

Auckland University of Technology

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