At a Glance
- Tasks: Oversee AML/CTF compliance and ensure adherence to regulations.
- Company: A leading remittance business registered with AUSTRAC.
- Benefits: Flexible hours, competitive pay, and a chance to make a real impact.
- Other info: Great opportunity for career growth in a dynamic financial environment.
- Why this job: Be the key player in shaping compliance strategies and working with regulators.
- Qualifications: Proven AML/CTF experience and knowledge of AUSTRAC regulations.
The predicted salary is between 81000 - 99000 $ per year.
We’re recruiting on behalf of one of our clients, a remittance business registering and operating under AUSTRAC.
They need an experienced, locally based MLRO to act as their AML/CTF Compliance Officer.
This is a senior oversight role.
You won’t be processing customers all day.
The client’s operations team handles customer onboarding and routine compliance administration, supported by an external compliance retainer.
You provide the oversight, judgement and accountability that sits above that work.
- What you’ll do
- Act as the client’s named AML/CTF Compliance Officer and main contact for AUSTRAC
- Own the AML/CTF policies, ML/TF risk assessment and procedures under the current AML/CTF Act and Rules
- Decide on suspicious matter reports and oversee reporting obligations
- Approve high-risk customers, PEPs and escalated cases
- Oversee the quality of KYC/CDD, EDD, sanctions screening and transaction monitoring carried out by the operations team
- Represent the client in dealings with banks and other financial institutions
- Report regularly to the Director on compliance health, issues and remediation
- Support independent evaluations and act on findings
- Be reachable for urgent matters such as regulator or bank enquiries
- What we’re looking for
- Based in Australia
- Proven AML/CTF experience, ideally in remittance, payments or financial services
- Working knowledge of the AUSTRAC regime following the March 2026 reforms
- Comfortable dealing directly with regulators and bank compliance teams
- Fit and proper, and eligible to be notified as a compliance officer under the current Rules
- Able to make decisions and stand behind them
- Hours and pay
- Hours are flexible and will be agreed once the role is scoped. Reasonable availability for urgent matters is expected. Retainer to be discussed with suitable candidates.
- #J-18808-Ljbffr
MLRO employer: ABM Global Compliance
ABM Global Compliance offers a supportive work environment where experienced professionals can thrive in senior oversight roles. The company emphasizes accountability and provides opportunities for employees to engage with key compliance responsibilities, ensuring a dynamic and impactful career path. With a focus on compliance and risk management, employees can expect to develop their expertise in AML/CTF regulations while working collaboratively with operations teams.
