AML CTF Compliance Officer | Director

Line of Service

Industry/Sector

Specialism

Management Level

Job Description & Summary

The Anti Money Laundering (AML)/Counter Terrorism Financing (CTF) Compliance Officer (AMLCO) is responsible for overseeing PwCs compliance with the AML/CTF Act 2006 and associated Rules and Guidance issued by AUSTRAC. As the AMLCO youll play a vital role in ensuring that PwCs designated services systems and processes adhere to regulatory obligations while maintaining the integrity and reputation of the firm and its clients working with clients across the firm.

Why PwC

At PwC Australia your skills meet purpose. We tackle big challenges across industries like finance technology energy and healthgiving you the chance to make a real impact. Here your growth is our priority. Youll work with leading teams explore new technologies and unlock your full potential.

Join a global community of more than 370000 people who value bold ideas collaboration and lasting change. Together were building trust and shaping the future.

What youll do:

• Set the strategic direction by defining key governance priorities and deliverables to meet regulatory AML/CTF requirements.
• Lead the implementation and maintenance of the firms risk-based AML/CTF Program in line with updated legislative and AUSTRAC requirements including money laundering terrorism financing and proliferation financing risks.
• Define and maintain the taxonomy of financial crime risks that the firm is exposed to.
• Ensure that governance oversight and reporting to senior management reflects new regulatory expectations for outcome-focused compliance.
• Support PwC management in establishing an appropriate financial crime culture and risk appetite including distribution of internal communications to promote awareness of financial crime risks and highlight recent industry/regulatory developments.
• Act as the primary point of contact with respect to PwCs dealings with AUSTRAC including:
  • Fostering positive regulatory relationship with AUSTRAC.
  • Ensuring PwCs compliance with AUSTRACs reporting and other AML/CTF obligations.
  • Ensuring any AUSTRAC feedback relating to PwCs AML/CTF Program and financial crime risk management are addressed appropriately.
• Where required chair participate in or contribute to Board and management committees and governance forums on financial crime-related matters.
• Monitor PwCs financial crime reporting to ensure adherence to established risk appetite frameworks policies and procedures and ensure appropriate remediation actions are taken where required.
• Manage oversight of third-party and outsourcing arrangements to ensure compliance accountability remains with the firm.
• Ensure PwC has adequatecapability and capacity with respect to PwCs 3 Lines of Accountability against financial crime.
• Provide leadership to the team and perform budgetary planning and management.

What were looking for:

• Qualifications and Certifications: Possess or is pursuing a degree in relevant disciplines (e.g. Business Management Law MBA). Professional certifications such as ACAMS Diploma in Financial Crime or FINSIA are highly desirable.
• Experience and Regulatory Knowledge: Over 5 years of experience in AML/CTF compliance financial crime or regulatory risk with in-depth understanding of the AML/CTF Act 2006 AML/CTF Rules AUSTRAC guidance and a strong track record of effective communication and relationship building with regulators.
• Technical Expertise and Program Management: Proven experience in developing implementing and managing AML/CTF programs. Familiarity with digital identity verification regtech tools and data analytics for AML/CTF monitoring. Experienced in supporting AML/CTF audits regulator interactions and independent reviews.
• Leadership and Organisational Alignment: Demonstrates advanced strategic thinking leadership and the ability to attract retain and develop talent. Extensive knowledge of financial crime regulatory environment and alignment with PwCs operational policies and business strategy ensuring seamless integration of regulatory priorities in accordance with commercial objectives.

What youll gain:

• Leadership development programs and executive coaching designed to help you inspire teams and accelerate your career growth.
• A world-class parental leave policy offering up to 26 weeks of leave for caregivers supporting your family and personal life.
• Flexibility means trusting you to choose when where and how you workbalancing whats best for you your team and your clients to grow and thrive together.
• Being part of a community united by purpose delivering impact that reaches clients communities and the future youre shaping.

We know that perks are as important as your financial rewards. Explore all the benefits that PwC has to offer here.

Ready to grow here and go further Join PwC Australia as the AMLCO and make an impact that goes beyond the expected. Apply now and take your next step with a team shaping the future.

Were committed to treating all our job applicants fairly and with respect irrespective of their actual or assumed background disability neurodivergence or any other protected want you to have every opportunity to thrive in our selection the application form you can let us know what adjustments you require during our recruitment process and/or any workplace accommodations you anticipate needing to help you perform your role.

No agencies please: We kindly request that recruitment agencies do not submit CVs in response to this advertisement. We are only accepting applications direct from individuals.

Education (if blank degree and/or field of study not specified)

Certifications (if blank certifications not specified)

Required Skills

Optional Skills

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Travel Requirements

Available for Work Visa Sponsorship

Government Clearance Required

Job Posting End Date