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Financial crime specialist

Sydney
beBeeAML
Posted: 25 August
Offer description

Job Overview

As a KYC/AML professional, you will be part of the core operations team working closely with trading, operations, compliance, legal and finance. You will have the unique opportunity to be at the heart of a growing business and build best practices while expanding your knowledge of complex and evolving regulatory requirements across multiple business lines and global jurisdictions.

The ideal candidate will be someone who prides themselves on their accuracy and attention to detail with experience in a KYC/ AML function. The candidate must be self-motivated, confident and a strong communicator.


Key Responsibilities:

* Interpret and apply AML regulations and internal policies to assess counterparties across a range of jurisdictions and business lines.
* Act as a central contact for onboarding queries, working directly with counterparties, internal traders, legal counsel, compliance officers, and finance partners.
* Own the firm's KYC and counterparty onboarding efforts, ensuring a seamless experience for internal teams.
* Conduct background checks, adverse media reviews, and sanctions screenings; flag and escalate any high-risk issues promptly.
* Review financial statements and assess counterparty risk in collaboration with internal credit teams.
* Ensure continuous due diligence by executing periodic reviews, PEP screening, sanctions and watchlist monitoring.
* Maintain accurate and comprehensive counterparty data in both internal proprietary systems and third-party platforms (e.g., Fenergo).
* Enforce the firm's AML framework and vendor vetting procedures, ensuring best practices are followed.
* Set up and update trading account information, wire instructions, and reference data as part of onboarding and ongoing support.
* Contribute to projects that drive operational efficiencies, improve controls, and enhance client experience.
* Contribute to automation and workflow enhancement projects to streamline KYC operations and reduce manual touchpoints.
* Keep abreast of the latest developments in financial crime compliance, regulatory updates, and industry best practices.


Requirements:

* Experience: 3+ years in KYC/AML within a financial institution, ideally in capital markets or trading environments.
* Regulatory Awareness: Sound understanding of AML/CFT regulations, sanctions, beneficial ownership structures, and evolving best practices.
* Education: Bachelor's degree preferred (Finance, Law, Business, or related field).
* Technical Skills: Proficient in Microsoft Excel and Word; experience with Fenergo is a plus.
* Soft Skills:
o Strong interpersonal and written communication abilities.
o Highly organized with exceptional attention to detail.
o Comfortable managing multiple workstreams in a fast-paced environment.
o Professional, discreet, and solutions-oriented.

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