AML/CTF & Operational Risk Advisor

Summary about this job

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

The AML/CTF & Operational Risk Advisor role is a risk management subject manager expert, supporting the Senior Risk Advisor – Deposits & Payments. The role exists within the 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 Advisor, 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 key team leader peers and other stakeholders across the Banking and Wealth and Group (Lines 1, 2 & 3)
• 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
• Work closely with key stakeholders within Deposits & Payments to provide operational risk advice in relation to projects and change in process
• Assist Senior Risk Advisor with incident management, risk profiling, control testing and general operational risk and compliance advice in relation to Deposits & Payments. 

   

 Skills & Experience:

• 5+ years AML/CTF / Sanctions, or regulatory compliance/risk management in the financial services industry
• Proven experience in dealing with multiple stakeholders.
• Experience in balancing compliance-related requirements with budgetary and commercial realities and business goals
• Demonstrated understanding of the Enterprise Risk Management Framework or an In-depth understanding of corporate compliance programs, enterprise risk management frameworks and compliance methodologies
• Ability to balance regulatory and risk governance requirements with commercial realities, and business goals
• Strong facilitation, negotiation and communication skills, to achieve a measured outcome through external regulatory and industry bodies
• Ability to readily interpret legislation, regulation and standards and to assess the impacts on the Banking & Wealth business
• Broad knowledge of specific legislative, regulatory and code of practice requirements impacting on the financial services industry
• Strong relationship management focus including the ability to understand key business drivers to ensure alignment with business objectives.

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.