$120000 - $180000 per annum
Job Type
Eugena Gong
Contact email
Email Eugena
4 months ago
The Role

Acting as a key function within the Internal Control and Compliance department, this role will take end to end responsibilities of Financial Crime Management for an international bank's operation in Australia. 

  • Responsible for ongoing compliance with the legislative, regulatory and group requirements for these risks through the application of appropriate policies, processes and procedures.
  • Identify, manage and mitigate three broad areas of risk - AML, Sanctions and Fraud, Bribery & Corruption.
  • Develop and maintain the Financial Crime framework, ensuring policies and practices are consistent with legislative, regulatory, and group control requirements across both the AML Program.
  • Develop a 2nd line monitoring capability that 1st line responsibilities are being met, including the implementation of a coordinated assurance plan.
  • Provide adequate training, guidance and advice to the 1st line to meet their requirements from onboarding through to ongoing monitoring activities.
  • Provide challenge to 1st  line’s BAU activities in regards meeting minimum standards of compliance as set out within the AML Program and Fraud policies.
  • Undertake ‘deep dives’ on individual departments to test financial crime related controls and where necessary coordinate remediation of control improvements.
  • Coordinate vendor selection and development of 3rd party contractual requirements as necessary to meet regulatory outsourcing standards.
  • Be the main contact point for AUSTRAC in respect to the AML Program.
  • Undertake necessary internal and regulatory reporting as required.

Skill Requirements:

  • 5+ years’ experience in a ‘hands-on’ 2nd Line Financial Crime at a regulated financial institution.
  • Updated knowledge of AML standards and AUSTRAC requirements.
  • Knowledge / experience of Corporate / Institutional / Correspondent banking is advantageous (especially international banks).
  • Tertiary Degree in a Business or Finance discipline.
  • Self motivated ‘do-er’ who can always get their hands dirty.
  • Strong project management skills to take on busy workload.
  • Effective communication skills required (verbal and written).

For further information on this role or to confidentially apply, please contact Eugena Gong on 02 8227 9200 or apply directly via the Apply for this job button. Only WORD FORMAT resumes will be accepted.