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Fc aml reforms manager (asb) - 12 month role

Sydney
Commonwealth Bank
Posted: 8 May
Offer description

Overview

We need big thinkers who look for opportunity within the framework of financial crime regulation and are ready to play an integral role in our transformation

You'll do meaningful work that protects the bank, our customers and the communities we serve.

We have a strong 'people' culture, where diversity of thought is valued

Role

Manager- AML Reforms (ASB) 12 Month Role

Do work that matters:

As Manager, Financial Crimes Compliance (AML Reforms), you will support the implementation of AML/CTF Reforms by CBA's New Zealand based subsidiary, ASB. In this role you will support ASB to comply with regulatory obligations and drive strategic reforms across financial crime risk management, including in respect of Australian reforms and AUSTRAC expectations.

Team and Purpose

The Financial Crime Compliance (FCC) team is accountable for the development, implementation and ongoing leadership of the group's financial crime compliance services. Financial Crime Compliance (FCC) has an important role to play, supporting the Group to achieve its purpose to improve the financial wellbeing of our customers and communities. FCC partners with Business Units, Support Units and the Financial Crime Operations & Transformation team (Program of Action) to disrupt financial crime, ensuring compliance and effective risk management. FCC leads the Group's approach to managing AML / CTF, Sanctions and Anti-Bribery and Corruption risks and obligations through the provision of the following services:

* Policy and frameworks
* Regulatory engagement
* Advice and assurance
* Complex escalations

On any given day you will

* Assist in drafting policies (approvals remain with ASB governance committees and MLRO).
* Support the interpretation of regulatory changes and advise on implementation strategy.
* Support execution of compliance with reforms.
* Support coordination and project management of transformation activity, specifically the implementation of the AML/CTF Amendment Act in the Group's New Zealand based subsidiary.
* Support and provide Line 2 oversight across relevant Financial Crime Domain initiatives.
* Continuously work at enhancing and strengthening the change management process for both regulatory and projects related changes/updates.
* Liaise with key stakeholders both within FCC, FCD and across the Group to define key project artefacts, understanding their needs, concerns and the environment that they operate in
* Support planning and monitoring to determine which activities are necessary in order to identify and define relevant stakeholders, select appropriate techniques and processes to manage requirements
* Support the communication of requirements to stakeholders, managing conflicts, issues and changes in order to ensure that stakeholders and project team members remain in agreement on solution scope and actual needs

Qualifications and Experience

* Experience and understanding of FCC policies, operational processes and technology requirements across AML/CTF, Sanctions and AB&C legislation.
* Expertise in Financial Crime Operations
* Demonstrated experience in project management/delivery and change management ideally within banking or financial services
* Proven strategic thinking to plan, coordinate and define critical requirements for transformation.
* Solid communication skills and stakeholder engagement with the ability to influence and negotiate at executive level

From here you'll go...

You'll have a highly valued and visible role. With exposure to complex projects and a variety of stakeholders across the business. From here, the opportunities are endless.

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