Applications for this job have closed. Try searching for similar jobs.

Associate, AML Onboarding


Location: Melbourne, Sydney

Job Type: Full time


  • Are you adaptable, flexible and excited by change?
  • Are you looking for a unique financial crime challenge?
  • Multiple permanent opportunities (Melbourne or Sydney) for an Associate role to join the AML team within Corporate & Institutional Banking.

It’s more than a career at NAB. It’s about more opportunity, more moments to make a difference and more focus on you.

Your job is just one part of your life. When you bring your ideas, energy, and hunger for growth to us, you’ll be recognised and rewarded for your contribution in return. You’ll have our support to excel for our customers, deliver positive change for our communities and grow your career.

It’s a good time to see what more you can find at NAB as an Associate, AML Onboarding.

The Role:

As an Associate you will be part of a team that focuses on the AML regulatory due diligence requirements of Corporate & Institutional Banking (C&IB) clients and is responsible for new customer onboarding and periodic KYC reviews of C&IB Customers to ensure NAB meets its AML/CTF policies and obligations. This role will ensure any risks or breaches are identified and escalated quickly and keep abreast of any process and procedure changes.

Responsibilities include :

  • Obtain and verify AML/regulatory compliance documents from bankers and clients
  • Perform due diligence and assess C&IB client risk profiles accurately (Right First Time)
  • Build relationships with the business owners who may sell their company to Software Combined in the foreseeable future.
  • Understands customer lifecycle and the steps in AML processes
  • Meet onboarding, ongoing customer due diligence and other ad-hoc AML/KYC and regulatory compliance remediation project deadlines
  • Complete accurate customer screening and assessment to identify Money Laundering, Terrorist Financing, Tax Evasion and other risks.
  • Bring and implement new ideas that will help mature the Financial Crime processes within CIB

Your skills and experience:

  • 1-2 years AML experience in Corporate Institutional Banking or Investment Banks.
  • Impeccable communication details with the ability to effectively interact with senior professionals, clients and key stakeholders in other line of business.
  • Sound understanding and working knowledge of the AML/CTF program: Part A and Part B regulatory requirements.
  • Good understanding of beneficial ownerships of different entity types (e.g., Companies, Trust, Partnerships, etc)
  • Strong knowledge of wholesale banking products and services
  • Sound experience in an AML KYC role in Australia or other countries completing due diligence and risk assessments for onboarding and/or periodic reviews
  • A go-getter who is willing to roll up their sleeves and who enjoys operating in a fast-paced environment

A diverse and inclusive workplace works better for everyone.

At NAB, we are intent on building a culture we can all be proud of. One based on trust and respect. An uplifting environment where every single one of us feels appreciated and empowered to be our true, authentic selves. A diverse and inclusive workplace where our differences are celebrated, and our contributions are valued. It is a huge part of what makes NAB such a special place to be.

More focus on you

We are committed to delivering a positive experience for our colleagues and a workplace you can be proud of. We support our colleagues to balance their careers and personal life through flexible working arrangements such as hybrid working and job sharing and competitive financial and lifestyle benefits. We invest in our colleagues through world class development programs (Distinctive Leadership and Career Qualified in Banking), and empower you to learn, grow and pursue exciting career opportunities. To learn more, visit the Benefits of Working at NAB page on our website.

Join NAB

If you think this role is the right fit for you, we invite you to apply. If you require any reasonable adjustments to the recruitment process or the role, please let the recruitment consultant know. Please note candidate screening and interviews may be conducted prior to the closing date of the job advert.

Please note unsolicited CVs from agencies will not be accepted.