AMLCTF Analyst
AMLCTF Analyst
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
The Role
As an AML/CTF Analyst you will play a crucial role in ensuring compliance with the AntiMoney Laundering and CounterTerrorism Financing (AML/CTF) Act. Your responsibilities will include transaction monitoring PEP and sanctions screening and enhanced customer due diligence (ECDD). You will provide expert advice on AML/CTF matters to the Group staff and Executive and Board Committees. Additionally you will support the Operational Risk Committee in managing an effective ML/TF minimisation program and assist in implementing initiatives to enhance business practices while maintaining compliance.
In the role you will
- Apply risk management methodologies to ensure that new and amended policies and processes effectively address the risk of money laundering and terrorism financing (ML/TF) activities.
- Conduct evidence collection and preservation procedures to enable the collection and preservation of evidence for law enforcement agencies.
- Research and stay updated on ML/TF trends and events including emerging financial trends to inform and enhance the organizations AML/CTF strategies.
- Manage Know Your Customer (KYC) and due diligence/enhanced due diligence obligations as required by the AML/CTF Act ensuring thorough and compliant customer verification.
- Ensure regulatory reporting requirements are met including threshold transaction reporting and suspicious matter reporting in compliance with the AML/CTF Act.
- Investigate ML/TF matters using a range of investigative techniques related to transaction details and methods and maintain detailed records of these matters.
- Provide guidance and coaching to frontline staff on how to effectively identify and report suspected ML/TF activities enhancing their awareness and capabilities.
- Develop and deliver AML/CTF awareness training programs for new and existing staff to raise awareness and understanding of AML/CTF obligations and best practices.
- Support the development and maintenance of AML/CTF policies processes and associated materials to ensure they are uptodate and effective.
- Collaborate with internal teams to build awareness and capability in detecting and preventing ML/TF activities and participate in forums and working groups to represent the organization and enhance knowledge on AML/CTF matters.
Qualifications :
About you
- Understanding of AML/CTF related Technology Applications and Banking Systems
- Experience developing implementing and monitoring AML/CTF policies and procedures;
- Sound investigation skills and experience in detecting ML/TF activity through transaction monitoring and enhanced customer due diligence;
- Strong problemsolving skills and an ability to apply sound judgment;
- Proficiency in using technology based systems and the ability to rapidly acquire proficiency across internal systems;
- Demonstrated report writing skills;
- Experience and knowledge of AML/CTF compliance obligations.
Additional Information :
See yourself in our team
Working in Beyond Banks Financial Crimes team is a highly rewarding experience. You will be at the forefront of protecting the bank and its customers from fraudulent activities. Your efforts help maintain the integrity of the financial system and ensure a safe banking environment.
Why work for Beyond Bank
We welcome candidates that reflect the diversity of the communities in which we operate. We actively encourage Aboriginal and Torres Strait Islander peoples people with disability LGBTQIA as well as culturally diverse community members to apply for our roles.
Beyond Bank is committed to creating an accessible recruitment process and employment experience. If you identify as a person living with disability and require adjustments to our online application recruitment selection and/or assessment process or modifications for accessibility to our locations please contact us at
And theres even more benefits:
- Additional 3 paid worklife balance days to boost your annual leave*
- Paid community volunteer days to support many community charities across Australia
- Access to employee discounts health and wellbeing initiatives employee and family assistance plus more
- A flexible and diverse working environment
- Career development opportunities training and coaching
By joining Beyond Bank you will have the opportunity to work alongside talented professionals who will support and encourage you to achieve your full potential. If you are passionate about people and want to make a difference we would love to hear from you.
What does our recruitment process look like
The process can include a phone screen video interview virtual or facetoface interview psychometric testing and all relevant background checking. Some positions may require undergoing 4 weeks of mandatory full training.
Apply Now!
To find out more about Beyond Bank visit beyondbank.au or for more information contact
Applications close 21/04/2025
As a certified B Corp we are using our business as a force for good.
By applying for this opportunity you are providing consent for Beyond Bank Australia to conduct all preemployment screening checks (APRA ASIC Bankruptcy National Criminal History Check VEVO Adverse Media Check and Reference Checks) at the expense of Beyond Bank Australia.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
