- Join ASX 100 finance leader
- Brisbane based role – Gasworks Newstead Office
- An exciting opportunity for an analytical individual with prior understanding of the AML/CTF Act
About the role:
As a Senior AML Operations Analyst, the primary purpose of this role is to assist in mitigating Money Laundering and Terrorism Financing (ML/TF) risk by providing a professional AML/CTF Transaction Monitoring, regulatory reporting exception handling and assessment service for the BOQ Group. In doing this you will ensure compliance with AML/CTF regulatory obligations and BOQ policies including BOQ's Financial Crime Strategy.
As a Senior Analyst you will:
- Be a first point of contact for the team by providing senior level experience where guidance is required in relation to AML Operations specifically AML/CTF Transaction Monitoring and Regulatory Reporting (TTR and IFTI)
- Be using the AML Platform(s) eg. NetReveal on Demand, to assess transaction monitoring alerts to detect ML/TF risk
- Assess and resolve exceptions that result from Threshold Transaction Reporting and/or International Funds Transfer Instruction Reporting
- Assist the Team Leader in managing workflow queues, quality assurance, Procedures, Training, AML/CTF related Project support, Feedback provision, escalation of higher ML/TF risk cases and or non adherence to SLAs as appropriate
- Where applicable, complete timely and accurate reporting to AUSTRAC ensuring adherence to all internal policies, regulatory requirements and reporting timeframes
- Assist with the development of team metrics and provide timely and accurate data as required for management and external reporting
- Assist in implementation and managing adherence to SLAs
- Keep abreast of emerging ML/TF trends and matters, including AUSTRAC typologies and relevant media reports
- Promote team culture
- Contribute to management forums
- Adhere to the KPI and quality targets set for your tasked work
- Adhere to Policy and Procedures relevent to your work
- Assist with financial crimes awareness in BOQ Group, for example on Unusual Activity Reporting, TTR/IFTI reporting and ML/TF Trends
- Liaise with staff across the BOQ Group where required to complete inquiries
- Contribute towards Transaction Monitoring Rule development and refinement
About you:
To be successful in this role you will have previous experience within a financial institution, preferably within AML/CTF transaction monitoring, regulatory reporting to AUSTRAC and/or investigations.
You will also demonstrate the following experience, skills and abilities:
- Formal training/qualifications in AML/CTF, Sanctions or investigations, desirable
- Understanding of the banking codes of practice and other relevant legislation including Privacy Act and Criminal Code
- Sound knowledge of the AML/CTF Act and Rules, including AML/CTF transaction monitoring programs, regulatory reporting and customer due diligence requirements
- An analytical mindset and problem solving skills
- Report writing skills
- Strong communication skills and ability to collaborate well with stakeholders
- Sound experience in AML/CTF transaction monitoring and regulatory reporting to AUSTRAC
- Experience within a Financial Crime team
- 3+ years working in a financial institution
- Leadership experience
- Training/education of staff
- Experience in developing and refining transaction monitoring rules (desirable)
About Us
BOQ is passionate about providing opportunities for you to develop your career as we continuously adapt and deliver in a transformational and collaborative environment with a strong focus on community where we support a flexible workplace and we are committed to an inclusive and diverse culture where differences are embraced!
Our Benefits
- Flexible working arrangements
- Discounted financial products
- Salary sacrificing options
- Paid parental leave
- Paid volunteer days
- Purchase annual leave
- BUPA Corporate Plan
- Employee Assistance Program (EAP)
- Gym, shopping, technology and travel offers!
How to Apply
To apply for this role please follow the links or apply via our Careers Page.
Bank of Queensland is committed to diversity and an inclusive workforce. Aboriginal and Torres Strait Islander People are encouraged to apply.
If you are successful for a role with the Bank of Queensland, it is a condition of employment that background screening is completed to ensure that the Bank complies with its obligations under the Anti-Money Laundering and Counter Terrorism Financing Act. These checks may include, but are not limited to: identity, verification, reference checks, criminal background checks, immigration checks, verification of academic qualifications, bankruptcy checks.
