Regulatory Compliance Officer

Client: Financial industry

Location: Australia

Remote work: 100% remote

Project language: English

Project length: Long-term cooperation

Start: ASAP/ flexible

Assignment type: B2B via emagine

Summary: This position involves overseeing Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) compliance within company's operations in Australia and New Zealand. The primary goal is to ensure that the company adheres to local regulatory requirements while contributing to the development of organizational AML/CTF policies.

Responsibilities:

• Annual regulatory reporting including submission of Compliance-owned reports and validation of first-line submissions.
• Maintain oversight of first-line activities and reporting, including escalations of AML/CTF suspicions.
• Submit and follow up on Suspicious Matter Reports (SMRs) and Suspicious Activity Reports (SARs).
• Produce and maintain the annual Local Risk Assessment for Australia and New Zealand.
• Update AML & CTF Instructions to ensure alignment with local requirements and company’s policies.
• Contribute to the Group AML & CTF Policy development, ensuring reflection of Australian regulatory expectations globally.
• Oversee the implementation of AML/CTF controls across Australia and New Zealand.
• Contribute to internal and external audits.
• Prepare quarterly Board and Management Reporting on local AML/CTF activities and risks.
• Deliver and maintain AML/CTF training tailored to local needs.
• Lead or support regulatory engagement with authorities and banking partners.
  
  

Must Haves:

• 6+ years of experience in risk management, compliance, or internal audit in the financial services sector.
• Strong exposure to AML/CTF regulatory frameworks relevant to Australia and New Zealand.
• Degree in Law, Economics, Finance, or a related discipline.
• Practical experience managing compliance obligations in regulated environments.
• In-depth experience in the financial services industry, including banking and fintech.
• Experience with digital/e-money institutions regulated by AUSTRAC, DIA, or ASIC.
• Knowledge of financial crime risk and sanctions compliance across multiple jurisdictions.
  
  

Other Details:

• Location: Australia.
• Industry: Financial Services.
• Regulatory Bodies: AUSTRAC and DIA.