At a Glance
- Tasks: Lead the Economic Crime Risk team in managing compliance services and mitigating financial crime risks.
- Company: Join a forward-thinking organisation committed to tackling economic crime.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Collaborative culture with opportunities for career advancement.
- Why this job: Make a real impact by shaping compliance strategies and protecting the business from financial crime.
- Qualifications: Experience in compliance or financial crime roles with strong stakeholder management skills.
The predicted salary is between 54000 - 66000 $ per year.
The Economic Crime Risk team is accountable for the development, implementation, and ongoing leadership of the group’s economic crime compliance services. ECR leads the Group’s approach to managing AML / CTF, Sanctions and Fraud and Scam risks and obligations.
The Economic Crime Service Advisory team supports the Economic Crime Services, Domain and Customer Data Domain within COO.
Reporting to the Executive Manager, you will work closely with stakeholders in COO to provide quality advice to support process uplift for key economic crime controls across KYC, Transaction Monitoring and Investigations, and Customer Due Diligence processes.
On any given day you will:
- Assist in the execution of financial crime compliance business plan;
- Support internal stakeholders to proactively identify, manage, and mitigate the financial crime risks of the business;
- Provide quality advice on financial crime matters and participate in relevant risk assessments / reviews and forums as required;
- Assist the business and Group support functions to develop and execute appropriate action plans to address identified issues relating to financial crime;
- Assist in the development and delivery of relevant reporting;
- Ensure maintenance of adequate auditable records of all risk assessments and advice provided to business customers;
- Assist the business to develop controls to enable compliance with the Group’s financial crime policy framework;
- Work collaboratively with other risk teams and stakeholders.
We’re interested in hearing from people who possess:
- Experience in a Compliance, AML / CTF, Sanctions or ABC role (preferably in an advisory capacity);
- Understanding of the financial crime regulatory framework with deep technical knowledge of the AML / CTF, Sanctions and Fraud and Scams risk environment;
- Excellent co-ordination and stakeholder management skills with proven experience to influence senior stakeholders;
- Relevant industry certification/accreditation is desirable.
Manager Economic Crime Risk in Sydney employer: Commonwealth Bank
Commonwealth Bank is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. As a Staff Data Engineer, you'll have the opportunity to lead cutting-edge projects in a supportive environment that prioritises employee growth and development, with access to ongoing training and mentorship. Located in a vibrant city, the bank provides unique advantages such as flexible working arrangements and a commitment to work-life balance, making it an ideal place for those seeking meaningful and rewarding employment.
