Operations Governance Analyst
Netwealth - See Wealth Differently (ASX:NWL)
Date: 5 days ago
City: Melbourne, Victoria
Contract type: Full time
About Netwealth
Netwealth is more than a company; it is a catalyst for change, inspiring a new perspective on wealth and a brighter future for everyone involved. Our innovative and award-winning wealth management platform reflects our commitment to excellence and cutting-edge technology.
Founded in 1999, Netwealth has grown rapidly, driven by an entrepreneurial spirit that encourages us to challenge the status quo. Our NextGen superannuation and investment technology exemplify our agile and nimble approach, unburdened by bureaucracy, allowing us to adapt quickly to meet the needs of our clients.
At Netwealth, our team is our greatest asset. We are a collective of passionate individuals dedicated to making life better for more Australians. Our values—Curious, Optimistic, Courageous, Collaborative, Agile, and Genuine—are the guiding principles that shape our decisions and define how we present ourselves to the world. Join us in our mission and become part of a team that not only envisions a better future but actively works to create it.
The opportunity
As a key member of the Service, Administration & Support Administration team, the Operations Governance Analyst is responsible for supporting the Head of Operations Governance and providing support relating to daily functions of the Operational Governance Division.
This role is primarily focussed on carrying out the tasks relating to transaction monitoring, reporting and due diligence as specified within Netwealth’s AML-CTF Program. In addition, the incumbent will work on projects and deliverables relating to Netwealth’s compliance with legislative and business requirements, including AML-CTF, KYC, fraud, privacy, incident management and remediation within Protecht as well as implementation of SAS strategic goals.
Responsibilities include:
At Netwealth, people are our core strength, and we invest in our employees no matter what stage of life they are in. When you're at your best, we're at our best!
We prioritise the growth of our employees, and you'll be able to learn and develop yourself and your career at Netwealth. We provide access to further education and diverse training opportunities, and we actively support internal mobility. 32% of our jobs filled in 2023 were from internal candidates.
We have a flexible and adaptable hybrid working policy with the expectation you'll spend 4 days a fortnight coming into our state-of-the-art office. We're located in the heart of Melbourne's CBD and have all the bells and whistles you would expect - including modern end of trip facilities for your commute to work, and breakfast provided daily.
We have a number of benefits that have been designed with a focus on health and well-being, support and growth. Some of these include:
Here at Netwealth, we support and encourage everyone to bring their genuine selves to work (it’s one of our core values), and we’re proud of our inclusive and diverse workforce. We are committed to this through our gender equality, disability, LGBTQIA+, well-being and cultural initiatives. We are proud to be endorsed and certified by Work180, Family Friendly Workplaces and Great Place to Work.
Are you curious about this opportunity but don't meet every single requirement? Research shows that we don't always apply to jobs we are interested in unless we meet every single qualification. If you are excited about this role but don't tick every box, we encourage you to apply anyway! If you require any reasonable adjustments throughout the recruitment process, please let us know by emailing [email protected]
Netwealth is more than a company; it is a catalyst for change, inspiring a new perspective on wealth and a brighter future for everyone involved. Our innovative and award-winning wealth management platform reflects our commitment to excellence and cutting-edge technology.
Founded in 1999, Netwealth has grown rapidly, driven by an entrepreneurial spirit that encourages us to challenge the status quo. Our NextGen superannuation and investment technology exemplify our agile and nimble approach, unburdened by bureaucracy, allowing us to adapt quickly to meet the needs of our clients.
At Netwealth, our team is our greatest asset. We are a collective of passionate individuals dedicated to making life better for more Australians. Our values—Curious, Optimistic, Courageous, Collaborative, Agile, and Genuine—are the guiding principles that shape our decisions and define how we present ourselves to the world. Join us in our mission and become part of a team that not only envisions a better future but actively works to create it.
The opportunity
As a key member of the Service, Administration & Support Administration team, the Operations Governance Analyst is responsible for supporting the Head of Operations Governance and providing support relating to daily functions of the Operational Governance Division.
This role is primarily focussed on carrying out the tasks relating to transaction monitoring, reporting and due diligence as specified within Netwealth’s AML-CTF Program. In addition, the incumbent will work on projects and deliverables relating to Netwealth’s compliance with legislative and business requirements, including AML-CTF, KYC, fraud, privacy, incident management and remediation within Protecht as well as implementation of SAS strategic goals.
Responsibilities include:
- Benchmarking case maintenance and identify areas for efficiency and process improvement.
- Assess transaction patterns and identify potential issues indicating suspicious activity and investigate complex transactions and customer relationships to determine potential money laundering risks.
- Conduct detailed investigations by reviewing customer documentation, transaction history and other relevant data sources.
- Review and analyse daily transaction alerts generated by the internal transaction monitoring system.
- Assist in developing and implementing new transaction monitoring rules based on emerging typologies and regulatory updates.
- Ensure timely lodgement of all compliance issues and incidents relating to fraud, privacy and processes.
- Interact and facilitate key relationships with internal stakeholders to ensure the SAS Operational Governance Division interacts effectively with other departments within Netwealth, such as Sales, Investment Operations, Product, IT and Risk & Compliance.
- You have 5+ years of experience in risk/compliance, administration, project implementation, or a related role within the financial services sector.
- Relevant experience in compliance or financial crime investigation is preferred.
- You have sound knowledge of financial regulations and compliance requirements.
- You have a solid understanding of AML-CTF regulations.
- You have demonstrated experience with transaction monitoring systems and data analysis tools.
At Netwealth, people are our core strength, and we invest in our employees no matter what stage of life they are in. When you're at your best, we're at our best!
We prioritise the growth of our employees, and you'll be able to learn and develop yourself and your career at Netwealth. We provide access to further education and diverse training opportunities, and we actively support internal mobility. 32% of our jobs filled in 2023 were from internal candidates.
We have a flexible and adaptable hybrid working policy with the expectation you'll spend 4 days a fortnight coming into our state-of-the-art office. We're located in the heart of Melbourne's CBD and have all the bells and whistles you would expect - including modern end of trip facilities for your commute to work, and breakfast provided daily.
We have a number of benefits that have been designed with a focus on health and well-being, support and growth. Some of these include:
- Family-friendly workplace, with parental leave and a kid's holiday programme
- Wellness and lifestyle perks including discounted gym memberships, income protection, flu shots, wellness weeks, shopping and retail discounts, access to financial wellbeing services
- We're a social bunch and love to get together regularly, participating in corporate sporting events, games and trivia nights
- Employee Resource Groups - LGBTQIA, Women of Netwealth, Culture Group, Carers Group
- Support for community involvement through volunteering and our Netwealth Impact Group
Here at Netwealth, we support and encourage everyone to bring their genuine selves to work (it’s one of our core values), and we’re proud of our inclusive and diverse workforce. We are committed to this through our gender equality, disability, LGBTQIA+, well-being and cultural initiatives. We are proud to be endorsed and certified by Work180, Family Friendly Workplaces and Great Place to Work.
Are you curious about this opportunity but don't meet every single requirement? Research shows that we don't always apply to jobs we are interested in unless we meet every single qualification. If you are excited about this role but don't tick every box, we encourage you to apply anyway! If you require any reasonable adjustments throughout the recruitment process, please let us know by emailing [email protected]
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