Operations Governance Analyst

About Netwealth

Netwealth is more than a company; it is a catalyst for change inspiring a new perspective on wealth and a brighter future for everyone involved. Our innovative and award-winning wealth management platform reflects our commitment to excellence and cutting-edge technology.

Founded in 1999 Netwealth has grown rapidly driven by an entrepreneurial spirit that encourages us to challenge the status quo. Our NextGen superannuation and investment technology exemplify our agile and nimble approach unburdened by bureaucracy allowing us to adapt quickly to meet the needs of our clients.

At Netwealth our team is our greatest asset. We are a collective of passionate individuals dedicated to making life better for more Australians. Our valuesCurious Optimistic Courageous Collaborative Agile and Genuineare the guiding principles that shape our decisions and define how we present ourselves to the world. Join us in our mission and become part of a team that not only envisions a better future but actively works to create it.

The opportunity

As a key member of the Service Administration & Support Administration team the Operations Governance Analyst is responsible for supporting the Head of Operations Governance and providing support relating to daily functions of the Operational Governance Division.

This role is primarily focused on carrying out the tasks relating to transaction monitoring reporting and due diligence as specified within Netwealths AML-CTF addition the incumbent will work on projects and deliverables relating to Netwealths compliance with legislative and business requirements including AML-CTF KYC fraud privacy incident management and remediation within Protecht as well as implementation of SAS strategic goals.

Responsibilities include:

• Benchmarking case maintenance and identify areas for efficiency and process improvement.

• Assess transaction patterns and identify potential issues indicating suspicious activity and investigate complex transactions and customer relationships to determine potential money laundering risks.

• Conduct detailed investigations by reviewing customer documentation transaction history and other relevant data sources.

• Review and analyse daily transaction alerts generated by the internal transaction monitoring system.

• Assist in developing and implementing new transaction monitoring rules based on emerging typologies and regulatory updates.

• Ensure timely lodgement of all compliance issues and incidents relating to fraud privacy and processes.

• Interact and facilitate key relationships with internal stakeholders to ensure the SAS Operational Governance Division interacts effectively with other departments within Netwealth such as Sales Investment Operations Product IT and Risk & Compliance.

About you:

• You have 5 years of experience in risk/compliance administration project implementation or a related role within the financial services sector.

• Relevant experience in compliance or financial crime investigation is preferred.

• You have sound knowledge of financial regulations and compliance requirements.

• You have a solid understanding of AML-CTF regulations.

• You have demonstrated experience with transaction monitoring systems and data analysis tools.

Life At Netwealth

At Netwealth people are our core strength and we invest in our employees no matter what stage of life they are in. When youre at your best were at our best!

We prioritise the growth of our employees and youll be able to learn and develop yourself and your career at Netwealth. We provide access to further education and diverse training opportunities and we actively support internal mobility. 32% of our jobs filled in 2023 were from internal candidates.

We have a flexible and adaptable hybrid working policy with the expectation youll spend 4 days a fortnight coming into our state-of-the-art office. Were located in the heart of Melbournes CBD and have all the bells and whistles you would expect - including modern end of trip facilities for your commute to work and breakfast provided daily.

We have a number of benefits that have been designed with a focus on health and well-being support and growth. Some of these include:

• Family-friendly workplace with parental leave and a kids holiday programme

• Wellness and lifestyle perks including discounted gym memberships income protection flu shots wellness weeks shopping and retail discounts access to financial wellbeing services

• Were a social bunch and love to get together regularly participating in corporate sporting events games and trivia nights

• Employee Resource Groups - LGBTQIA Women of Netwealth Culture Group Carers Group

• Support for community involvement through volunteering and our Netwealth Impact Group

Apply now!

Here at Netwealth we support and encourage everyone to bring their genuine selves to work (its one of our core values) and were proud of our inclusive and diverse workforce. We are committed to this through our gender equality disability LGBTQIA well-being and cultural initiatives. We are proud to be endorsed and certified by Work180 Family Friendly Workplaces and Great Place to Work.

Are you curious about this opportunity but dont meet every single requirement Research shows that we dont always apply to jobs we are interested in unless we meet every single qualification. If you are excited about this role but dont tick every box we encourage you to apply anyway! If you require any reasonable adjustments throughout the recruitment process please let us know by emailing

Required Experience:

IC