Compliance and Risk Analyst

Sydney - Australia

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Founded in 1976 Travelex has grown to become the number one foreign exchange brand in Australia with a presence in more than 20 countries.

We are passionate about retail and travel our vision is to be the most recognised respected and reliable brand in international money for our customers and partners. Attracting and keeping the best people by creating a collaborative and supportive environment that helps us deliver a great experience to our customers.

The Role

This role supports Travelexs Compliance and Risk framework in Australia and New is Line 2 Assurance role and reports into Compliance and Risk Manager (MLRO).

This role is Sydney Support Office based and will be working within a hybrid environment.

Key Accountabilities

Consult and collaborate with local operational teams to understand the business and regulatory environment that they operate within and identify and quantify any risk exposures using Travelex risk assurance methodology and systems.
Test the operational effectiveness of key controls processes and systems and work with the business to develop and implement solutions that help fix process/control gaps.
Provide pro-active support and guidance to the business to help enhance the design of key business controls and management of regulatory exposures.
Ensure processes around compulsory reporting comply with local regulatory requirements and that all items are being correctly reported within legislated timescale.
Sample check the due diligence records of the customers ensure all required documents are present and have been validated as appropriate.
Perform desk reviews as part of second line monitoring.
Provide C&R training and support as required and help rectify knowledge gaps as they arise.
Sample review transactions investigate and report those deemed suspicious if appropriate.
Provide support to develop robust and sustainable AML toolkits that deliver regulatory compliance for the business.
Provide support to maintain the effectiveness of AML/CTF policies and assist to enforce Australia and New Zealand regulations.
Provide support to identify and address compliance challenges/risks relating to new business initiatives and work with business to mitigate the risks as per direction from the MLRO.
Oversight of the Travelexs compliance with the regulatory rules on systems and controls against money laundering.
Ensure accurate record keeping in line with regulatory requirements.
Participation and involvement in Group Compliance and AML forums as required.

About You

A holistic approach to isolate mitigate and the resolve risks.
Solution oriented and high attention to details.
Self-motivated and a can-do attitude.
Good verbal and written communication with influencing skills.
Strong interpersonal time management andorganisational skills.
Strong technical aptitude with an ability toanalyse and interpret information critically.

Qualifications and Experience

Degree in Accounting Business or Finance
ACAMS membership is desirable
Strong knowledge of the AML/CTF laws in Australia and New Zealand.
Proficient user of Microsoft Suite including evolving Power Platforms and Queries (e.g. Automate Excel Lists BI etc)
Experience in report writing and formulating procedural documents.
Ability to effectively interact with senior management and support function colleagues
Practical Risk and Compliance experience preferably in a payments foreign exchange or retail banking environment.
Strong verbal and written communication skills with an ability to prepare concise reports.
Comfortable with managing multiple priorities and deadlines.

Whats in It for You

Join our Global Customer Team and enjoy a competitive salary package at an internationally recognised brand. Our culture fosters curiosity trust excellence and fun.

Perks & Benefits:

Flexible working arrangements
Premium Martin Place office with stunning views
Staff discounts on foreign currency
Regular social events
Bonus birthday leave
Free life insurance
Staff discounts on private healthcare
Paid parental leave
Referral bonuses

At Travelex we are committed to fostering an inclusive and diverse workplace. We welcome applicants from all backgrounds and do not discriminate based on race religion gender sexual orientation age disability or any other protected status.

Required Experience:

Founded in 1976 Travelex has grown to become the number one foreign exchange brand in Australia with a presence in more than 20 countries.We are passionate about retail and travel our vision is to be the most recognised respected and reliable brand in international money for our customers and partne...

Founded in 1976 Travelex has grown to become the number one foreign exchange brand in Australia with a presence in more than 20 countries.

The Role

This role supports Travelexs Compliance and Risk framework in Australia and New is Line 2 Assurance role and reports into Compliance and Risk Manager (MLRO).

This role is Sydney Support Office based and will be working within a hybrid environment.

Key Accountabilities

Consult and collaborate with local operational teams to understand the business and regulatory environment that they operate within and identify and quantify any risk exposures using Travelex risk assurance methodology and systems.
Test the operational effectiveness of key controls processes and systems and work with the business to develop and implement solutions that help fix process/control gaps.
Provide pro-active support and guidance to the business to help enhance the design of key business controls and management of regulatory exposures.
Ensure processes around compulsory reporting comply with local regulatory requirements and that all items are being correctly reported within legislated timescale.
Sample check the due diligence records of the customers ensure all required documents are present and have been validated as appropriate.
Perform desk reviews as part of second line monitoring.
Provide C&R training and support as required and help rectify knowledge gaps as they arise.
Sample review transactions investigate and report those deemed suspicious if appropriate.
Provide support to develop robust and sustainable AML toolkits that deliver regulatory compliance for the business.
Provide support to maintain the effectiveness of AML/CTF policies and assist to enforce Australia and New Zealand regulations.
Provide support to identify and address compliance challenges/risks relating to new business initiatives and work with business to mitigate the risks as per direction from the MLRO.
Oversight of the Travelexs compliance with the regulatory rules on systems and controls against money laundering.
Ensure accurate record keeping in line with regulatory requirements.
Participation and involvement in Group Compliance and AML forums as required.

About You

A holistic approach to isolate mitigate and the resolve risks.
Solution oriented and high attention to details.
Self-motivated and a can-do attitude.
Good verbal and written communication with influencing skills.
Strong interpersonal time management andorganisational skills.
Strong technical aptitude with an ability toanalyse and interpret information critically.

Qualifications and Experience

Degree in Accounting Business or Finance
ACAMS membership is desirable
Strong knowledge of the AML/CTF laws in Australia and New Zealand.
Proficient user of Microsoft Suite including evolving Power Platforms and Queries (e.g. Automate Excel Lists BI etc)
Experience in report writing and formulating procedural documents.
Ability to effectively interact with senior management and support function colleagues
Practical Risk and Compliance experience preferably in a payments foreign exchange or retail banking environment.
Strong verbal and written communication skills with an ability to prepare concise reports.
Comfortable with managing multiple priorities and deadlines.

Whats in It for You

Join our Global Customer Team and enjoy a competitive salary package at an internationally recognised brand. Our culture fosters curiosity trust excellence and fun.

Perks & Benefits:

Required Experience:

Key Skills

ISO 27001
Microsoft Access
Risk Management
Financial Services
PCI
Risk Analysis
Analysis Skills
COBIT
NIST Standards
SOX
Information Security
Data Analysis Skills

Apply Now

About Company

Travelex

Our customers expect a great experience whatever channel they choose to shop, whether it’s retail store, mobile or online. At Travelex we are focused on making our customers’ lives simpler, engaging and hassle free on their travels. Travelex is the world’s largest foreign exchange bur ... View more

View Profile View Profile

AI AutoApply

Apply to 100+ jobs with one click