Head of Financial Crime Risk

MLC


  • Are you a seasoned leader with extensive technical experience in Financial Crime Compliance particularly within the Wealth Industry?
  • Do you have experience in developing and leading teams through significant transformational change?
  • Permanent role based in North Sydney

About the Role

The purpose of this newly created critical role for MLC Wealth is to develop, implement, manage and continue to improve the frameworks and policies that support financial crime for MLC Wealth, including anti-money laundering, fraud, anti-bribery, corruption and sanctions. You’ll also lead a newly formed team of financial crime risk specialists, providing development, guidance and coaching to enhance our ability to guide risk management practices and provide advice to the business.  

Your key responsibilities will include:

  • Reporting to the General Manager, Regulatory Risk and Compliance (CCO), MLC Wealth, lead the implementation and continuous improvement of MLC Wealth’s financial crime risk management frameworks, AML/CTF programs, policies and procedures.
  • Conduct oversight of MLC Wealth’s financial crime portfolio to determine how effectively the business is managing financial crime risk, the quality of data and the state of the organisation’s control environment.
  • Once MLC Wealth’s AML/CTF Program is established be appointed as the designated Money Laundering Reporting Officer (MLRO) for MLC Wealth, oversee the AML/CTF program, ensuring MLC Wealth complies with its AML/CTF obligations under the AML/CTF Act and AML/CTF Rules and also act as MLC Wealth’s key contact with AUSTRAC.
  • Provide specialist financial crime advice and views of financial crime risk management to senior management and relevant boards, enabling them to make informed decisions and take timely action.
  • Provide specialist financial crime advice to risk and business partners to help them understand how financial crime risk influences strategy, funding and risk appetite, and help evolve the maturity of their risk profile and control environment.
  • Lead impact assessments of proposed changes in financial crime laws, regulations and industry codes and determine the implications for risk and compliance management practices in MLC Wealth.

About You

You will have tertiary or post-graduate qualifications in finance, commerce and law or desired technical qualifications such as Association of Certified Anti-Money Laundering Specialists (ACAMS) and/or Association of Certified Fraud Examiners (ACFE). With exceptional stakeholder relationships skills, you will have extensive experience in risk management and financial crime compliance, preferably in wealth management or financial services. You will have proven track record of designing and leading financial crime risk management practices and programs. Business acumen and the capacity to problem solve in an effective manner will be one of your key strengths. You will have the ability to work in a highly regulated and complex environment as well as effective communication and collaboration skills. You will possess great attention to detail. With strong leadership skills you will be able to deliver complex messages in digestible form that is easily understood by your audience.

About Us

At MLC Wealth, we believe success comes from our people. We're committed to supporting our people as you help us build a business and culture that affects positive change for our clients - and for the community too.

If you're ready for the next step, the opportunity starts right here.

The Benefits

From education and volunteer leave to learning benefits and banking discounts, we offer access to a wide range of employee benefits. For more information please visit here

If you think this role is the right fit for you, we invite you to apply. Let’s have a serious but informal chat about who you are and what drives you.

To be eligible to apply, you must have Australian or New Zealand citizenship or permanent residency status. Please note candidate screening and interviews may be conducted prior to the closing date of the job advert.

MLC


  • Are you a seasoned leader with extensive technical experience in Financial Crime Compliance particularly within the Wealth Industry?
  • Do you have experience in developing and leading teams through significant transformational change?
  • Permanent role based in North Sydney

About the Role

The purpose of this newly created critical role for MLC Wealth is to develop, implement, manage and continue to improve the frameworks and policies that support financial crime for MLC Wealth, including anti-money laundering, fraud, anti-bribery, corruption and sanctions. You’ll also lead a newly formed team of financial crime risk specialists, providing development, guidance and coaching to enhance our ability to guide risk management practices and provide advice to the business.  

Your key responsibilities will include:

  • Reporting to the General Manager, Regulatory Risk and Compliance (CCO), MLC Wealth, lead the implementation and continuous improvement of MLC Wealth’s financial crime risk management frameworks, AML/CTF programs, policies and procedures.
  • Conduct oversight of MLC Wealth’s financial crime portfolio to determine how effectively the business is managing financial crime risk, the quality of data and the state of the organisation’s control environment.
  • Once MLC Wealth’s AML/CTF Program is established be appointed as the designated Money Laundering Reporting Officer (MLRO) for MLC Wealth, oversee the AML/CTF program, ensuring MLC Wealth complies with its AML/CTF obligations under the AML/CTF Act and AML/CTF Rules and also act as MLC Wealth’s key contact with AUSTRAC.
  • Provide specialist financial crime advice and views of financial crime risk management to senior management and relevant boards, enabling them to make informed decisions and take timely action.
  • Provide specialist financial crime advice to risk and business partners to help them understand how financial crime risk influences strategy, funding and risk appetite, and help evolve the maturity of their risk profile and control environment.
  • Lead impact assessments of proposed changes in financial crime laws, regulations and industry codes and determine the implications for risk and compliance management practices in MLC Wealth.

About You

You will have tertiary or post-graduate qualifications in finance, commerce and law or desired technical qualifications such as Association of Certified Anti-Money Laundering Specialists (ACAMS) and/or Association of Certified Fraud Examiners (ACFE). With exceptional stakeholder relationships skills, you will have extensive experience in risk management and financial crime compliance, preferably in wealth management or financial services. You will have proven track record of designing and leading financial crime risk management practices and programs. Business acumen and the capacity to problem solve in an effective manner will be one of your key strengths. You will have the ability to work in a highly regulated and complex environment as well as effective communication and collaboration skills. You will possess great attention to detail. With strong leadership skills you will be able to deliver complex messages in digestible form that is easily understood by your audience.

About Us

At MLC Wealth, we believe success comes from our people. We're committed to supporting our people as you help us build a business and culture that affects positive change for our clients - and for the community too.

If you're ready for the next step, the opportunity starts right here.

The Benefits

From education and volunteer leave to learning benefits and banking discounts, we offer access to a wide range of employee benefits. For more information please visit here

If you think this role is the right fit for you, we invite you to apply. Let’s have a serious but informal chat about who you are and what drives you.

To be eligible to apply, you must have Australian or New Zealand citizenship or permanent residency status. Please note candidate screening and interviews may be conducted prior to the closing date of the job advert.

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