Risk and Compliance

SHIFT’s specialist risk and compliance Consultants have all done the hard yards, having held senior risk and compliance positions across regulators, banks, insurers and fund managers.

We appreciate this is a new environment, where compliance is not enough: conduct and culture change not only needs to come from the top, it needs to be embedded and understood across all parts of the business. It’s through this lens, that our people work.

We Can Deliver

SHIFT’s Risk and Compliance Consultants can assist with projects across:
Compliance Support

SHIFT Compliance Consultants are well placed to assist with implementing and navigating obligations sets, controls and audit functions for both new and existing legislation (CCCFA, FSLAA, FMCA), and how the Conduct of Financial Institutions Bill will overlay this. They may work as part of a team, with SHIFT Financial Services lawyers to operationalise these obligations.

AML/CFT

SHIFT Compliance offers you a range of experts on AML/CFT and across banking and funds management clients, covering compliance change, review and uplift of systems, processes and remediation work. SHIFT Consultants take a practical, hands on approach to ensure your AML/CFT programme is fit for purpose.

Corporate Governance and Company Secretariat

We provide corporate governance training and can help with policies, and a review of your current governance structures for best practice.

RegTech Solutions

SHIFT Compliance Consultants can present a range of technology platforms (including international ones) that can assist with your managing your compliance obligations. They can help tailor the platform to work in a New Zealand legislative setting, and help implement the chosen systems in your business. Prue is a Co-founder of RegTech NZ.

Remediations

Leverage the broad experience of SHIFT Compliance Consultants as they support your change and remediation projects towards real business improvements.

Risk Framework Review

SHIFT Compliance Consultants can review and uplift your existing risk frameworks in your business, across not just financial services but covering property, media, primary industries and telecommunications.

ESG and Climate Reporting

We have Consultants with expertise who can assist you with your climate related financial disclosure reporting, and sustainability reporting requirements.

Our People

Vivian Valbuena, SHIFT Risk & Compliance Lead

Vivian has over 25 years’ experience in various enterprise risk management, regulatory compliance and business roles, in New Zealand, Australia, Hong Kong, New York, and London.

Vivian is a frequent speaker at conferences on risk and regulatory matters, most recently, on board engagement at the annual RiskNZ summit in Wellington, where she also conducted a separate, bespoke workshop on risk appetite. She has a Bachelor of Arts from University of Delaware, has held numerous broker-dealer licenses with FINRA in the United States, and is a member of FINSIA, Institute of Directors and Women on Boards, Governance NZ.

With deep expertise in the analysis, application, and embedment of domestic and extraterritorial regulatory requirements, she specialises in establishing frameworks and leading risk transformations, remediations and organisational change.

Get in Touch with Vivian

E: vivian@shiftcompliance.co.nz

Corinne McLean, SHIFT ESG Lead
Get in Touch with Corinne

E: corinne@shiftadvisory.co.nz

Corinne McLean, SHIFT ESG Lead

Corinne worked as a finance lawyer in the UK before completing an INSEAD MBA followed by a number of years commercial experience in investment banking, with emphasis on acquisition finance debt origination.

Over the past few years in New Zealand, Corinne has worked as a lawyer again through SHIFT Advisory, including recent roles with Kiwi Wealth and Westpac, with a focus on new regulatory regimes. She has held a strong interest in the environment and sustainable investing for a long time, and has taken time for study in climate and sustainability-related areas.  Her recent studies include a CISL Transition to Net Zero course, TCFD online learning and following New Zealand’s own Aotearoa New Zealand Climate Standard development. Corinne is following developments on climate disclosures, with particular attention on the guidance and sector work for MIS Managers to come. As part of continuing study, she is enrolled in GARP, Sustainability and Climate Risk Certificate.

TESTIMONIALS

What our clients say…

“I find Prue and SHIFT incredibly easy to work with for our compliance resourcing needs. I can pick and choose from a menu of senior people without the red tape of other options in the market. I have also hit gold with the people I’ve engaged, who are all top of the line and very experienced in our sector. I have so much trust in SHIFT as a result.”

Chris Faherty
Head of Compliance at TSB Bank Ltd

What our Consultants say…

“I had previously been working as a lawyer and was looking to move into the risk and compliance space. I had worked closely with the compliance team in a financial services business and loved how they worked in the business, implementing change. SHIFT helped me to make that shift! Prue and the team are happy for you to say where and what you want to focus on and then do their best to help you find a particular role that fits. Also, my business model is to have the summer off each year and SHIFT allows me to work flexibly from February through to November.”

Vanessa Matthews
SHIFT Consultant