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Director of financial risk management

Sydney
beBeeCompliance
Risk Management
Posted: 4 December
Offer description

Financial Crime Compliance Leader

The role of Head of Financial Crimes Compliance is pivotal in shaping Australia's financial crime compliance framework, fostering robust governance and operational excellence across Anti-Money Laundering, Counter-Terrorism Financing, Sanctions, Anti-Bribery & Corruption, and Fraud.


Main Responsibilities

* Develop and implement a comprehensive financial crime compliance framework in Australia.
* Drive deeper understanding of financial crime risks and embed a culture of compliance within the organization.
* Collaborate with stakeholders to leverage technology and detect financial crimes effectively.
* Contribute to ongoing improvement of AML policies and procedures.


Operational Oversight

* Ensure daily compliance with AML/CTF Act, Rules, and Regulations.
* Maintain effective operation of AML/CTF, Sanctions, ABC, and Fraud policies and controls.
* Manage AUSTRAC reporting obligations.
* Implement and maintain Customer Due Diligence processes.


Leadership and Development

* Provide strategic leadership to the Financial Crime Compliance team.
* Lead, mentor, and develop financial crime compliance professionals.


Compliance and Governance

* Regularly report on financial crime risks and compliance status.
* Act as the designated AML Compliance Officer/Money Laundering Reporting Officer.
* Monitor regulatory developments and ensure alignment with industry best practices.


Requirements and Qualifications

* Minimum 3+ years' experience as AMLCO/MLRO or Deputy AMLCO/MLRO.
* At least 8+ years in Financial Crime Compliance roles.
* Proven expertise in AML/CTF program and policy writing.

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