Head of Financial Crimes

at  Teachers Mutual Bank

• Be a key part in implementing the Fraud Control Framework at TMBL
• Take control of the risk management responsibilities at TMBL
• Hybrid model of 50/50 WFH and in office, Homebush-based head office location

QUALIFICATIONS/EXPERIENCE

• Minimum 5 years experience
• Proven experience in financial crimes management including AML/CTF monitoring and reporting, Digital security knowledge, Financial Crimes Investigations, cybercrime investigations and crisis management also developing and growing business relationships and working with C-level executives and their leadership teams
• Bachelor’s Degree in financial crimes and appropriate certifications in cybercrime and security or industry equivalent experience managing a team ideally with 15+ indirect reports
• Experience in managing an operational budget overseeing all functions with more than 15 indirect reports, the position requires a strong Business Resilience - Cyber professional with proven experience developing and overseeing as a second line of defence IT security practices
• Strong incident, change and crisis management experience with strong working experience in cybercrime

ABOUT US:

Teachers Mutual Bank Limited is one of the largest mutual banks in Australia. We are a globally-recognised socially responsible bank with profit-for-purpose as our business model and philosophy. At our Bank, social responsibility is built-in, not bolted on and drives our business practices, people, and products.
We are proud to serve some of Australia’s essential workers in education, emergency services and healthcare. We believe they deserve a bank that does good for their community.
We have been named one of the World’s Most Ethical Companies for ten years in a row and are a Certified B Corp Bank.
Our employees embrace our organisation’s values of passion, advocacy and sustainability, and contribute to a diverse and inclusive workplace culture founded on mutual respect, equality and a focus on striving to deliver exceptional member service.
We are an Employer of Choice, promote Diversity and Inclusion, and follow EEO principles by appointing on merit. We work under a hybrid working model to provide flexibility in the workplace. For more information about working conditions as well as our employee value proposition, please visit the careers page on our website at www.tmbank.com.au or find us on LinkedIn!

ABOUT THE ROLE

The Head of Financial Crimes has overall responsibility for the development, effective planning, management, execution and performance of the Financial Crimes and Fraud Control Teams. The holder will be responsible for the effective and efficient operation and maintenance of:

• TMBL’s AML/CTF Program in accordance with its obligations
• TMBL’s Fraud Control Framework including compliance with legislative, regulatory and industry standards (eg ePayments Code).
• Will develop External and Internal contacts to enable current information sharing and relevant education to all levels in the organisation.

Head of Financial Crimes is also a key risk management role with responsibilities for advising and implementing anti-money laundering (AML) and counter-terrorist financing (CTF) (collectively referred to herein as AML) risk management framework and policies to meet AML legislation and other regulatory requirements in Australia. This includes providing advice on Suspicious Matter Reporting (SMR), International Funds Transfer Instructions (IFTI) reporting and Threshold Transaction Reporting (TTR) requirements in accordance with legislation and other regulatory requirements in Australia and ensuring compliance with relevant internal policies.

Further the Head of Financial Crimes is responsible for the Bank’s compliance with its obligations under:

• Foreign Accounts Taxation Compliance Act (FATCA)
• Common Reporting Standards (CRS) and
• APS 910 – Financial Claims Scheme (FCS)

The Head of Financial Crimes is responsible for supporting and influencing the desired culture (ie choosing to know and choosing to act) throughout the organisation

• Responsible for the effective and efficient operation and maintenance of TMBL’s
• AML/CTFProgram,
• FraudControlFramework,
• Obligations under FATCA and CRS
• Including collaboration with other sections of the Bank to achieve these goals, as well as timely reports to the Chief Risk Officer
• Responsible for the Data Code Framework to ensure coding enables the Bank to meet its obligations under law, especially those relating to AML/CTF, FATCA, CRS and FCS
• CarryoutManagementresponsibilitiesinaccordancewithTMBL’spoliciesandapplicablelaws