Torres, 24, was arrested at a property in Terrigal on Monday in relation to an alleged sexual assault of a woman on March 24.
"He was taken to Gosford Police Station where he was charged with two counts of common assault, intimidation and aggravated sexual intercourse without consent," NSW Police said in a statement on Tuesday.
Torres has been granted bail and is set to face court in Gosford on May 6.
The Colombian joined the Mariners at the start of the A-League Men season and has netted 13 goals in 23 games.
"Given the alleged serious criminal offences with which Torres has been charged, Football Australia immediately imposed a no-fault suspension," the Mariners said in a statement on Tuesday.
"The suspension is a precautionary measure that suspends the player from participating in football and club related activities.
"It is important to note that Football Australia in imposing this interim suspension is making no finding of guilt or fault in respect of the offences with which Torres has been charged.
"Such charges remain matters to be determined by the Courts of New South Wales."
1800 RESPECT (1800 737 732)
National Sexual Abuse and Redress Support Service 1800 211 028
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