AML/CTF & Operational Risk Analyst

Summary about this job

Detail information about job AML/CTF & Operational Risk Analyst. Terms and conditions vacancy

• An opportunity to drive change and collaborate across teams and build strong relationships
• Brisbane CBD location

The AML/CTF & Operational Risk Analyst role is a risk and compliance professional, supporting the Senior Risk Advisor – Deposits & Payments and Risk Advisor – AML/CTF & Operational Risk. The role exists within Deposits & Payments to enable a sustainable business portfolio that meets community expectations. The role will partner with business owners to protect and create value across Deposits & Payments portfolio.  The role also involves reporting and advice on Anti Money Laundering and Counter Terrorism Funding (AML/CTF) compliance obligations across Banking & Wealth. The Analyst, AML/CTF & Operational Risk will support the Deposit & Payments portfolio through the targeted use of data, insights and the application of Risk Frameworks.

Key Responsibilities include:

• Work closely with the Senior Risk Advisor – Deposits & Payments and Risk Advisor – AML/CTF & Operational Risk to assist key team leader peers and other stakeholders across the Banking and Wealth and Group (Lines 1, 2 & 3) in relation to incident management, risk profiling, control testing and general operational risk and compliance advice. 
• In particular, the Risk Analyst – AML/CTF & Operational Risk will assist with the following activities: 
  • Identifying, developing and consulting on the need for improvement in Program Part A and Program Part B, policy, procedures, and standards
  • Monitoring and reporting on the application of the Sanctions Regime within the Australian and New Zealand businesses
  • Analysing and responding appropriately to uncertainty including any regulatory changes, which may affect the Group AML/CTF Program and the application of the Sanctions Regime
  • Designing and maintaining a compliance plan to ensure the ongoing effectiveness of the AML/CTF
  • Conducting annual reviews of the AML/CTF Program against legislation; and training material provided to staff
  • Supporting the implementation  of the AML/CTF Program of the relevant Banking & Wealth and Group functions by developing and maintaining a compliance assurance plan
  • Assessing and make recommendations on changes to compliance arrangements and recommend training or other improvements as required
  • Identification of key risks and mitigating controls to assist the Business with initiatives within Deposits & Payments
  • Provide general operational risk and compliance advice in relation to the Deposits & Payments portfolio. 

Skills & Experience:

• 3+ years AML/CTF / Sanctions, or regulatory compliance/risk management in the financial services industry
• Proven experience in dealing with multiple stakeholders
• Experience with balancing compliance-related requirements with budgetary and commercial realities and business goals
• Broad knowledge of specific legislative, regulatory and code of practice requirements impacting on the financial services industry

Culture:

Working as part of the Suncorp Group you will have access to an unparalleled range of job opportunities across insurance, banking, wealth management and corporate services. We promote a high performance culture where people are rewarded for effort and dedication. We recognise and value commitment and encourage our people to maintain a healthy balance between their career and personal time.

If this sounds like you, apply on Seek now! For further information please contact [email protected] on 02 8121 3236 In submitting an application, you are confirming agreement to our Privacy Statement.