12
February
Senior Compliance Manager, Financial Crime
Ethos BeathChapman - Sydney, NSW
Banking & Finance
Source: uWorkin
JOB DESCRIPTION
Job Details
Location
Sydney
Salary
$120000 - $180000 per annum
Job Type
Ref
BH-163508-2
Contact
Posted
about 3 hours ago
Job Details
Location
Sydney
Salary
$120000 - $180000 per annum
Job Type
Ref
BH-163508-2
Contact
Posted
about 3 hours 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.
Responsibilities
- 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.
- 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).
Ethos BeathChapman