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Financial Crime Manager

Job Title: Financial Crime Manager
Contract Type: Permanent
Location: Brisbane
Reference: 3009824
Job Published: September 30, 2019 10:01

Job Description

Anti-Money Laundering (“AML”)/Countering the Financing of Terrorism (“CFT”) risk continues to be our clients key area of focus, managed through appropriate Customer Due Diligence (CDD) undertaken at the stage of customer on-boarding and periodical review. The Financial Crime Manager role is a critical leadership position, focused on reviewing and remediating the financial crime compliance across the bank. This role reports directly into the Head of Operations.

Key Responsibilities: 
  • Lead overall Know your Customer (KYC) related - gap assessments and compliance monitoring including the assessment of which clients are in scope or should be off-boarded.
  • Lead review and gap assessment of existing customer data and related data controls
  • Prioritise new customers on-boarding working alongside Business and Financial Crime Compliance (FCC) Stakeholders
  • Implement process and controls for tactical remediation and onboarding of new customers during remediation process
  • Identify control or procedural gaps and work towards a resolution
  • Ensuring adequate reviews of customer files and validation that all policy requirements are met
  • Demonstrate the ability to adapt timely and adequately to the new AML/CFT policies and processes changes and lead the team to comply with the new standards
  • Develop and maintain Management Information (MI) reporting in accordance with business and FCC requirements
  • Provide support to Internal and External audit related queries
  • Coach less experienced employees especially with reference to the risk management procedures, technical guidance on the engagement, preparation of working paper file, collection of relevant documents as support etc.
  • Identify control / performance improvement opportunities
  • Continuously develop skills and knowledge in the areas of AML, sanctions, fraud investigation, anti-bribery & corruption and fraud risk assessment.
  • Manage the close interaction between the Business and Financial Crime Compliance teams to ensure seamless communication and consistency
Key Requirements:
  • Strong understanding of KYC / AML, particularly in Financial Institutions
  • Good knowledge and undertaking of the global/ local risk management procedures and responsibility for ensuring its compliance in day-to-day operation of engagements
  • Experience in managing a team
  • Excellent eye for details and strong analytical mindset
  • Able to work independently
  • Ability to work under pressure in a team environment
  • Self-motivated, able to work independently when needed and to prioritise tasks

If you are interested please contact Jade Blackburn on 3854 3803 or Apply now!