Senior Manager Economic Crime Risk

About the role

The Economic Crime Risk (ECR) team manages and oversees the Group's economic crime risk framework, covering AML/CTF, sanctions, anti-bribery and corruption, anti-tax evasion facilitation, fraud and scam risks. Reporting to the Executive Manager Economic Crime Risk, Economic Crime Services, this Senior Manager role is based in Sydney CBD, is permanent and follows a hybrid working model. You will advise on process redesign and change initiatives, act as an escalation point on financial crime compliance matters and build strong relationships with the financial crime community.

Key responsibilities

• Contribute to the economic crime risk strategy and implement new processes supporting AML/CTF law reform
• Help internal stakeholders identify, manage and mitigate economic crime risks
• Advise on process improvements for KYC, transaction monitoring and investigations, and customer due diligence
• Take part in risk assessments, reviews and forums as required
• Help the business develop action plans and controls (procedures and training) to comply with the economic crime policy framework
• Review and assess the effectiveness of existing controls
• Work with other ECR teams and stakeholders, including external financial crime community members

Required profile

• Significant experience in compliance advisory, AML/CTF or fraud and scam processes, including transaction monitoring and customer onboarding and due diligence, ideally in banking and financial services
• Thorough understanding of the financial crime regulatory framework and practical knowledge of AML/CTF requirements
• Sound knowledge of transaction monitoring and investigation processes and customer onboarding journeys
• Excellent stakeholder management and proven ability to influence large senior stakeholder groups
• Strong judgement and decision-making, and experience driving continuous improvement initiatives
• Tertiary qualification in business, finance or law, or a relevant certification such as ACAMS, is desirable