Benefits

• Join a globally renowned Australian bank
• Work with a team of high calibre financial crime professionals
• Hybrid and flexible working arrangements
• Competitive salary package plus bonus

Job Responsibilities

• Design, develop and optimise AML/CTF transaction monitoring rules, ensure they align with the latest regulatory guidelines and industry best practices.
• Conduct regular analysis and perform treat assessment to identify potential gaps and vulnerabilities in the current AML transaction monitoring rules.
• Make data-driven recommendations for improvements and enhancements on rules’ efficiency and accuracy.
• Stay abreast of evolving financial crime typologies, regulatory guidance and industry trends.
• Collaborate extensively with key stakeholders (AML Operations, Line 2 Risk & Compliance, Change Management, Product, Technology and Operations) to continuously improve financial crime risk management efficiency and effectiveness.
• Support the senior management team to maintain appropriate reporting for relevant governance committees pertaining to financial crime risks.

Requirements

• 5+ years of proven experience in transaction monitoring rule development & optimisation, with hands-on experience in designing / adjusting parameters, scoring, thresholds.
• Strong understanding of financial crime (AMLCTF, sanctions, fraud) typologies, AML laws and industry standards.
• Understanding of Australian Retail Banking products and transaction monitoring best practice.
• Any experience in Financial Crime Transformation / Program experience is highly desirable. Alternatively, you may have gained similar experience whilst consulting banking clients at a professional services firm.
• Outstanding stakeholder management (and leadership) capabilities to drive processes with internal business and project teams, as well as external vendors and consultancies.

At Randstad, we are passionate about providing equal employment opportunities and embracing diversity to the benefit of all. We actively encourage applications from any background.

• Design, develop and optimise AML/CTF transaction monitoring rules, ensure they align with the latest regulatory guidelines and industry best practices.
• Conduct regular analysis and perform treat assessment to identify potential gaps and vulnerabilities in the current AML transaction monitoring rules.
• Make data-driven recommendations for improvements and enhancements on rules’ efficiency and accuracy.
• Stay abreast of evolving financial crime typologies, regulatory guidance and industry trends.
• Collaborate extensively with key stakeholders (AML Operations, Line 2 Risk & Compliance, Change Management, Product, Technology and Operations) to continuously improve financial crime risk management efficiency and effectiveness.
• Support the senior management team to maintain appropriate reporting for relevant governance committees pertaining to financial crime risks