Financial Crime Risk Analyst Sanctions
Share
Job Location:
Parramatta - Australia
Monthly Salary:
Not Disclosed
Posted on:
12 hours ago
Vacancies:
1 Vacancy
Job Summary
- 12-Month Max Term opportunity based in Parramatta Sydney.
- Full-time Monday to Friday Rotational shifts between 7am and 8.30pm
- Hybrid model - two days a week in the office (full-time training onsite for the first five weeks
If youve ever wondered how global events impact banking or want to learn how sanctions protect the financial system this is your chance.
About the Role
As a Sanctions Risk Analyst you will play a key role in protecting the organisation from financial crime by assessing sanctions-related risks across international and domestic payments customer activity and transactional behaviour. You will review alerts conduct due diligence and ensure decisions align with regulatory requirements and the banks sanctions risk appetite.A key driver of the alerts will derive from the current and ever evolving geopolitical landscape sanctions embargoes and regulations.
Key Responsibilities
- Review and assess sanctions alerts (systemgenerated and manual) to identify potential matches.
- Conduct due diligence including researching entities reviewing documentation and analysing transactional patterns.
- Make clear wellinformed recommendations in line with sanctions legislation and internal policy.
- Escalate cases where required to senior analysts technical sanctions officers or Group Sanctions.
- Engage with internal stakeholders (e.g. Relationship Managers Operations Teams) to gather required information.
- Maintain accurate documentation and ensure auditready recordkeeping.
- Monitor emerging sanctions risks and regulatory changes to support continuous uplift in team capability.
- Contribute to process improvement initiatives aimed at reducing errors and improving workflow efficiency.
What Youll Bring
No prior experience No problem. This is a role designed for curious minds with a keen interest in financial crime and geopolitics. Well give you the training and support to build your skills and confidence.
- Experience working with sanctions alerts or exposure to AML/CTF investigations (preferred but not essential).
- A sharp eye for detail and the ability to interpret complex information.
- Sound written and verbal communication skills with the ability to explain decisions clearly.
- Ability to manage competing priorities in a fastpaced environment.
- A collaborative mindset and willingness to support team uplift and knowledge sharing.
- Curiosity and a desire to learn more about financial crime and regulatory risk.
Why join us
Were obsessed with becoming our customers #1 banking partner for life and were looking for people who are passionate about helping us achieve that goal.
In return were committed to making Westpac the best place to work in the country. Here are just a few of the ways were already doing that:
Special offers on banking products and discounts from top brands including generous employee-only mortgage rates!
Flexible work arrangements to help you achieve a greater work/life balance and a variety of leave options including Culture Lifestyle and Wellbeing leave.
Tailored learning and development opportunities to help your grow your career within the bank.
Lots of opportunities to give back to the Community by getting involved in our many volunteering initiatives
Create your future today
To get started simply click on the APPLY button.
Were all about creating a supportive and inclusive community. We welcome everyone no matter your age gender background or abilities. We also provide additional support to welcome our veterans Indigenous Australians and neurodiverse community.
If you need any adjustments during the recruitment process you can find out more information and additional contact details by visiting the People with Disability and/or needing Accessibility Requirements page.
Required Experience:
IC
Key Skills
- ISO 27001
- Microsoft Access
- Risk Management
- Financial Services
- PCI
- Risk Analysis
- Analysis Skills
- COBIT
- NIST Standards
- SOX
- Information Security
- Data Analysis Skills
About Company
Westpac has a long and proud history as Australia's first and oldest bank. It was established in 1817 as the Bank of New South Wales under a charter of incorporation provided by Governor Lachlan Macquarie. In October 1982 it changed its name to Westpac Banking Corporation following th ... View more
