Ombudsman, Banking and Finance

Ombudsman, Banking and Finance

Full-Time 82800 - 101200 $ / year (est.) Hybrid
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At a Glance

  • Tasks: Resolve banking and finance disputes, making impactful decisions for small businesses and consumers.
  • Company: Join AFCA, a progressive not-for-profit championing fairness in financial complaints resolution.
  • Benefits: Enjoy flexible work options, inclusive leave, and a supportive workplace culture.
  • Other info: Hybrid working model with opportunities for professional growth and mentorship.
  • Why this job: Make a real difference in the community while developing your expertise in a dynamic environment.
  • Qualifications: Legal qualifications and experience in banking or finance are essential.

The predicted salary is between 82800 - 101200 $ per year.

Make a real impact at AFCA, where fairness drives every decision. Help us deliver world-class, independent complaints resolution for Australians. As a not-for-profit and progressive financial ombudsman, we’re championing positive change. Achieving our purpose takes progressive thinking, accountability and resilience. At AFCA, our inclusive leadership values every voice. We offer our people flexible work options, thoughtful benefits and opportunities to deepen expertise. Flourish in a diverse, caring culture.

AFCA’s Banking & Finance (Small Business and Transactions) team is looking for an Ombudsman to join its team. The Small Business & Transactions team focuses on complaints involving small business (e.g. loans, merchant payments and general banking relationship) and also complaints involving banking and payment transactions more generally (e.g. scams, account restrictions and closures, recalls, recharges, KYC questions), across consumer and small business accounts and payments services.

We are looking for an Ombudsman to help resolve standard and complex banking and finance disputes, with a focus on either small business or transactions related issues. The role will suit senior legally qualified professionals with a strong track record of significant achievement and particularly with a background in the banking and finance sector. You are likely to be at a stage of your career where you have an interest in using your well-developed skills and experience in a role which contributes to good community outcomes in the banking and finance sector.

Your role will be to make decisions, individually or as part of a panel, on standard and complex complaints in accordance with the AFCA rules and fairness principles. The decisions are likely to make a real difference and influence the banking and finance industry as they are binding on them when accepted by the complainant.

You will also have the opportunity to provide professional and technical leadership across AFCA and to coach and mentor Adjudicators, case workers and others. There may also be opportunities to develop AFCA approaches, and to present at external conferences as a subject matter expert. The role also involves supporting AFCA’s relationships with small business and consumer groups, government bodies, regulators, AFCA members, member organisations and other Ombudsman networks. This is a Board appointed role.

To be successful in this role, you will need:

  • Legal qualifications and a significant track record of achievement at senior executive level within the banking and finance industry or a tribunal, EDR scheme, regulatory agency or related business entity or in private practice.
  • Strong analytical skills, the ability to quickly get to the heart of complex issues and to efficiently and independently handle a busy caseload, with a clear outcomes focus.
  • A demonstrated high level of written and verbal communication and interpersonal skills in dealing with a wide cross-section of the insurance sector and the broader community.
  • Resilience, focus, determination and excellent engagement skills and the ability to effectively manage challenges, external criticism and public scrutiny.

We welcome applications from people of all backgrounds, cultures, abilities, sexual orientations, and gender identities. If you require any accessibility support during the recruitment process, please reach out to our team.

About AFCA: The Australian Financial Complaints Authority (AFCA) was established in 2018 as a private not-for-profit ombudsman service providing free, fair and independent help with financial disputes. Since 2018, AFCA has received more than 634,000 complaints, helping to secure $2.1 billion in compensation for consumers.

Ombudsman, Banking and Finance employer: AFCA

AFCA is an exceptional employer, offering a unique opportunity to make a meaningful impact in the financial services sector while championing fairness and inclusivity. With a strong commitment to employee growth, flexible work arrangements, and a diverse, caring culture, AFCA ensures that every voice is valued and provides thoughtful benefits that support work-life balance. Join us in our modern offices designed for collaboration, where you can contribute to significant initiatives like the Scams Prevention Framework and help shape positive change for consumers across Australia.

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Contact Details:

AFCA Recruitment Team

We think you need these skills to ace Ombudsman, Banking and Finance

Legal Qualifications
Analytical Skills
Decision-Making Skills
Written Communication Skills
Verbal Communication Skills
Interpersonal Skills
Resilience