Distribution Governance Analyst

About Netwealth

Netwealth isn't just a company. We're shaping the future of wealth in Australia. Our award-winning platform and NextGen technology empower advisers and investors to achieve more, and we're proud to be recognised as one of Australia's most innovative FinTech businesses.

Since 1999, we've grown rapidly by challenging the status quo. We move fast, think big, and stay agile. Free from unnecessary bureaucracy so we can deliver smarter solutions for our clients and create real impact.

But what truly sets us apart? Our people. We're a team of curious, optimistic and courageous individuals who collaborate to make life better for more Australians. We value authenticity, and agility, and we believe in creating an environment where you can do your best work, grow your career, and feel part of something meaningful.

If you're looking for a place where your ideas matter, where innovation is celebrated, and where you can help shape a brighter financial future, join us at Netwealth.

The Opportunity

Our Operations Governance division safeguards adviser fee governance across Netwealth’s platform. We’re seeking a Distribution Governance Analyst to support monitoring and controls across a large adviser network.

This role has been created as part of continuous improvement initiatives within Distribution Governance. You’ll help implement enhanced controls, deliver data driven monitoring, and support remediation and reporting activities, bringing independence, objectivity, and clear insight to decisionmakers.

Key Responsibilities Include:

• Monitor advice fees and consent/ongoing service arrangements, reconciling fees charged vs service entitlements; identify anomalies and exceptions.

• Execute risk based and random sampling/testing, maintain high quality MI/reporting, and support issues/incidents management.

• Lead exception handling and remediation, quantify impacts, recommend fixes, and track to closure within SLAs.

• Maintain and enhance dashboards (e.g., Power BI) and support change/UAT for fee impacting system/process updates.

• Collaborate with Distribution, Product, Adviser/Licensee Support, Risk & Compliance, and IT while preserving monitoring independence.

About You

Play a key role in strengthening adviser oversight and governance standards, while contributing to investigations and misconduct reviews in a high-impact, data-driven role. Your experience and skills will include:

• 3–5+ years in compliance, risk/governance, audit/assurance, paraplanning or advice within wealth/platform or advice/licensee environments is essential.

• Strong understanding of financial advice strategies, businesses and behaviour; able to spot abnormal activity and emerging risks.

• Advanced Excel and data analysis skills (BI desirable); confident analysing and reconciling complex fee and transaction data and producing clear insights.

• Diplomatic communicator with solid stakeholder skills; balances independence with constructive relationships.

• Relevant tertiary qualifications (commerce/finance/law/risk) or industry credentials such as RG146/Financial Planning Diploma are advantageous.

Life At Netwealth

At Netwealth, we believe a fulfilling career is built on growth, balance, and belonging. Our people are our greatest strength, and we’re committed to supporting you at every stage of life because when you thrive, so do we.

We're proud to be recognised as one of Australia's top 5 companies for Career Development (endorsed by WORK180). From further education and diverse training opportunities to strong support for internal mobility. Your career can grow here.

Our flexible hybrid model supports balance, with just 4 days in the office each fortnight. When you’re in, you’ll enjoy working from one of our modern, thoughtfully designed spaces across Australia – including our state-of-the-art Melbourne CBD office. All locations feature contemporary facilities to make your day comfortable, and in Melbourne, you’ll also enjoy perks like end-of-trip amenities and daily breakfast to make your commute easier.

We offer benefits designed for your wellbeing and personal development, including;

• Family-friendly support: Paid parental leave and a fully funded school holiday program

• Wellness perks: CU Health (virtual healthcare), income protection, flu shots, wellness weeks, retail discounts and financial wellbeing services

• A vibrant culture: social events, trivia nights, and corporate sports

• Employee Resource Groups: LGBTQIA+, DAWN (Development and Accelerating Women at Netwealth), Culture Group and Carers Group

• Community Impact: Paid volunteering and our Netwealth Impact Group

We're proud of our inclusive and diverse workforce and encourage everyone to bring their genuine selves to work. It's one of our core values. We're committed to equity and inclusion through our gender equality, disability, LGBTQIA+, wellbeing and cultural initiatives. And we're certified by WORK180, Family Friendly Workplaces and Great Places to Work.

If you're excited by the opportunity but don't meet every requirements, we still encourage you to apply. Research shows people often hesitate unless they tick every box. We value potential and passion just as much.

Need adjustments during the recruitment process? Contact us at [email protected]

Apply now and help us shape a brighter financial future!