Risk Analyst at Westpac Group

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

13 Aug, 26

Salary

0.0

Posted On

15 May, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Sanctions Risk Assessment, Due Diligence, AML/CTF Investigations, Regulatory Compliance, Transactional Analysis, Stakeholder Engagement, Audit Record-Keeping, Written Communication, Verbal Communication, Priority Management, Financial Crime Analysis, Geopolitical Analysis

Industry

Financial Services

Description

Create your best future and join Westpac as a Risk Analyst * 12 month Max term opportunity * Based in Parramatta, NSW, AU * Hybrid working model – two days in office What’s the role? As a Sanctions Risk Analyst, you will play a key role in protecting the organisation from financial crime by assessing sanctions-related risks across international and domestic payments, customer activity and transactional behaviour. You will review alerts, conduct due diligence, and ensure decisions align with regulatory requirements and the bank’s sanctions risk appetite.  Key Responsibilities  * Review and assess sanctions alerts (system‑generated and manual) to identify potential matches.  * Conduct due diligence, including researching entities, reviewing documentation, and analysing transactional patterns.  * Make clear, well‑informed recommendations in line with sanctions legislation and internal policy.  * Escalate cases where required to senior analysts, technical sanctions officers or Group Sanctions.  * Engage with internal stakeholders (e.g. Relationship Managers, Operations Teams) to gather required information.  * Maintain accurate documentation and ensure audit‑ready record‑keeping.  * Monitor emerging sanctions risks and regulatory changes to support continuous uplift in team capability.  * Contribute to process improvement initiatives aimed at reducing errors and improving workflow efficiency.  What do I need? This is an entry-level role designed for curious minds with a keen interest in financial crime and geopolitics. We’ll give you the training and support to build your skills and confidence. * Experience working with sanctions alerts or exposure to AML/CTF investigations (preferred but not essential).  * A sharp eye for detail and the ability to interpret complex information. * Sound written and verbal communication skills, with the ability to explain decisions clearly.  * Ability to manage competing priorities in a fast‑paced environment.  * A collaborative mindset and willingness to support team uplift and knowledge sharing.  * Curiosity and a desire to learn more about financial crime and regulatory risk.  Our Promise to You  We’re obsessed with becoming our customers' #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return, we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that:  * Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates!  * Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave.   * Tailored learning and development opportunities to help your grow your career within the bank.   * Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives.    Create your future today  To get started, simply click on the APPLY or APPLY NOW button  We’re all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community.  If you need any adjustments during the recruitment process, you can find more information and contact details on our FAQs and how to contact us page [https://aus01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.westpac.com.au%2Fabout-westpac%2Fcareers%2Ffaq-contact-us%2F&data=05%7C02%7Cdakotah.bishop%40westpac.com.au%7Cd15ccf34ab1e42eba8b108de7044f492%7C57c64fd466ca49f5ab382e67ef58e724%7C0%7C0%7C639071638622937325%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=CVu4NaILh3E9bnppTkmFikGV3MAwuAh5JuFwMi%2FFj5o%3D&reserved=0], under the ‘Diversity, sustainability and flexibility’ section. 

Responsibilities

The role involves assessing sanctions-related risks across payments and customer activity to protect the organization from financial crime. Key tasks include reviewing alerts, conducting due diligence, and ensuring decisions align with regulatory requirements and internal policy.