Head of Financial Crime

Summary about this job

Detail information about job Head of Financial Crime. Terms and conditions vacancy

• Perfect opportunity to take ownership and drive positive change
• Award winning financial institution with a true customer and community focus
• Consultative role, engaging with various stakeholders across the business

At Greater Bank we like to think we’re a little bit different, and that’s because we are. An iconic and dynamic financial institution, Greater Bank is more than just an award winning financial services organisation. Our identity is in our customers and the communities in which we operate. It’s not about dividends, it’s about doing the right thing by our customers and providing a better way of banking.

As Greater Bank embarks on an ambitious journey to challenge the banking status quo, we are seeking an accomplished and equally ambitious Financial Crime Professional to join our Risk & Compliance division.

The Opportunity | Head of Financial Crime

The Head of Financial Crime will play an influential role in the transformation of financial crime across Greater Bank. This position reports directly to the Chief Risk Officer and has the responsibility of managing AML/CTF as well as other aspects of financial crime (FATCA/CRS, Anti-Bribery and Corruption and Sanctions).

You will be responsible for maintaining and continually improving the AML/CTF Program and associated financial crime policies and procedures at Greater Bank. You will also play a key role in supporting and influencing a culture of financial crime compliance and risk management throughout the organisation. Duties of the position will include;

• Maintaining overall responsibility for all aspects of the AML/CTF Program, including ongoing monitoring and reporting;
• Identifying and remediating AML/CTF process and procedural gaps/deficiencies;
• Proactively taking steps to manage and mitigate ML/TF risk and work with stakeholders to help combat financial crime;
• Conducting or overseeing detailed and prompt investigation of all AML/CTF incidents and cases;
• Preparing concise and insightful reporting for Management and the Board in respect of financial crime trends and other compliance related matters;
• Liaising with the business to ensure that frontline systems, processes and procedures are designed to support Greater Bank in meeting its financial crime obligations;
• Ensuring that any non-compliance with AML/CTF legislation or other regulatory obligations are appropriately reported and escalated to senior management and the Board;
• Monitoring financial crime legislation and other rules and regulatory requirements to ensure the organisation is well prepared with any forthcoming changes;
• Representing Greater Bank at industry discussions and forums; and
• Acting as the AML/CTF Compliance Officer and main point of contact for AUSTRAC.

What we’re looking for

You will be an accomplished professional with an in-depth understanding of regulatory requirements and obligations relative to AML/CTF, as well as broader financial crime compliance. You will have proven capability in developing and implementing processes and procedures relevant to AML/CTF compliance, as well as production of relevant reporting. Your highly developed interpersonal skills will enable you to build collaborative working relationships, ensuring buy-in and contribution from key stakeholders. You will ideally have previous experience directly liaising with regulators (i.e. AUSTRAC) and managing those relationships. You will be highly organised, with the ability to manage BAU activities as well as manage/contribute to ongoing AML/CTF related initiatives. Degree level qualification in Business, Commerce, Law or related discipline will be highly regarded.

What’s in it for you

This opportunity offers the successful professional the ability to play a highly influential part in the development and maturing of AML/CTF and other financial crime requirements across Greater Bank, giving you the perfect opportunity to take ownership of the function and drive positive change. The position offers a high level of visibility within the business, as well as broad cross exposure. Additionally, Greater Bank offers a positive work life balance and a supported working environment.

For those not currently living in Newcastle, this opportunity also offers a rare sea change. Newcastle offers superb beaches, a sun-drenched climate, historical architecture, great cafes and restaurants, the convenience of a national airport, major hospital facilities, and quality schools and is the gateway to picturesque Hunter Valley and Port Stephens. We are also open to supporting flexible working arrangements.

To Apply

Please submit your application online. If you require additional information or for a confidential conversation regarding the opportunity, please contact Caroline Martin on 02 4921 9721 for a confidential conversation.