Fec & Fraud Specialist

2 weeks ago

Sydney, New South Wales, Australia DLL Full time

Our Organisation
DLL is not your average financial services company. In fact, we are above average in almost every way.

With an employee engagement score of 85% (compared to the 72% industry average), it sure seems like we are doing something right.

And, while most companies survive fewer than 20 years, 2019 marked our 50th.


We collaborate with manufacturers, suppliers, and businesses in more than 30 countries to enable the acquisition of equipment, technology, and software that companies need to contribute meaningfully to their communities.

We believe in partnering with our customers to develop innovative and sustainable financial solutions that deliver meaningful value to the world.


At DLL, we are committed to making sure that all people, regardless of their race, ethnicity, gender, sexual orientation, age, religion, physical characteristics, or mental abilities, feel welcomed and encouraged to be their authentic selves.

We strive to create an inclusive environment that is reflective of the communities in which we operate. Come see what all the excitement is about

Purpose


The FEC (Financial Economic Crime) team is part of DLL's first line of responsibility (1LoR), responsible for the implementation and execution of procedures and controls relating to DLL's Anti Money Laundering / Counter-Terrorist Financing (AML/CTF), and Fraud Risk Management (FRM) framework.


As FEC experts, the team ensures that the global standards and policies on FEC and FRM are translated into local procedures and implemented.

The FEC team undertakes complex client onboarding, event-driven reviews, analysis of client screening, transaction monitoring and fraud risk investigations/coordination, as well as provides advice and guidance to other areas within the organisation.


Position Overview
The FEC & Fraud Specialist is a hybrid role performing both FRM and AML activities. This position plays an important role in the protection of DLL against financial economic crime activities.

The individual is responsible for the development, implementation, and management of anti-fraud measures, ensuring compliance with Australian and New Zealand regulatory requirements.

They will coordinate efforts across various departments to prevent, detect, and investigate fraudulent activities, maintaining the integrity of customer and business partner relationships., as well as involved with key AML tasks from customer onboarding through to ongoing customer due diligence, such as periodic reviews and transaction monitoring.


Key Responsibilities - Fraud Risk Management Prevention**:

  • Develop and deliver training programs on fraud prevention.
  • Manage local fraud prevention tools, taking responsibility for their effectiveness.
  • Implement and monitor process changes to enhance fraud prevention based on previous incidents/events.
  • Supervise the execution of fraud monitoring systems.

Investigation:

  • Serve as the primary investigator for potential fraud related to customers or business partners.
  • Enact temporary holds on unusual relationships and coordinate with relevant departments to mitigate risks.
  • Conduct indepth investigations into fraud signals and make determinations regarding the nature of the fraud event.

Case Reporting and Analysis:

  • Document and report operational incidents of confirmed fraud attempts to the local IRM and FEC team prompting ECDD review.
  • Analyse fraud events to determine root causes, learnings, and action items.
  • Communicate findings and remediation steps to the FEC Lead and Integrated Risk Management, ensuring followthrough and accountability.

Management Reporting:

  • Generate regular reports (monthly/quarterly) for stakeholders on fraud prevention and investigation outcomes.
  • Provide adhoc reporting to various fraud groups / risk committees as required to support management decisions.

Key Responsibilities - Financial Economic Crime (AML/CTF)

  • Perform and clear CDDs, and EDDs.
  • Screen for sanctions, PEPs, and adverse media.
  • Perform eventdriven and periodic reviews.
  • Transaction Monitoring.
  • Coordinate remediations and monitor followup actions.
  • Escalate issues/events to relevant oversight stakeholders.
  • Drive continuous improvement in processes and procedures.
  • Assist in the implementation of new policies and development of procedures.
  • Assist in the implementation of new systems and delivery of projects.
  • Assist in 1st LoR Quality Assurance reviews.

Qualifications:

  • 35yrs experience in Fraud risk management from within major financial institutions.
  • Thorough and deep understanding of fraud risk operations.
  • Experience in implementing and executing fraud risk management programs.
  • Experience in business and management reporting.
  • Proficient in data analysis and the use of fraud prevention tools.
  • Strong communication skills to coordinate with various key stakeholders.
  • Prior experience in AML/CTF or Compliance (preferred but not essential).
**

  • Fraud & Financial Crime - Service Owner

    1 week ago

    Sydney, New South Wales, Australia AMP Limited Full time

    If you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into something even more...

  • Retirement Specialist

    1 week ago

    Sydney, New South Wales, Australia AMP Full time

    Retirement SpecialistIf you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into...

  • Analyst, Financial Crimes Operations

    1 week ago

    Sydney, New South Wales, Australia AMP Limited Full time

    The opportunityThe Financial Crime Operations & Analytics (FCOA) team sits within AMP Bank and is comprised of the AML/CTF & Sanctions, AML Escalations, and Foreign Tax Residency (FTR) teams. This role is designed to assess the potential threat to AMP, determining the risk and aid in the prevention of money-laundering and terrorism financing, and ensuring...

  • Workplace Relations Specialist

    1 week ago

    Sydney, New South Wales, Australia AMP Full time

    Workplace Relations SpecialistWorkplace Relations Specialist Provide proactive riskbased advice on complex people issues Dynamic and supportive team culture Build your career while working flexiblyIf you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new...

  • Financial Crime Analyst

    1 week ago

    Sydney, New South Wales, Australia AMP Limited Full time

    The opportunityThis role sits within the Financial Crime Operations team who is responsible for AMP's risk and control framework for AML/CTF and Sanctions and is responsible for conducting and managing money laundering and terrorist financing related investigations. The role is designed to assess the potential threat to AMP of money-laundering and terrorism...

  • Fraud Specialist

    1 week ago

    Sydney, New South Wales, Australia OFX Full time

    Company DescriptionHi. We're OFX, a global provider of online, international payment services. We solve the complexity of moving money and enable better decisions. Headquartered in Sydney with offices worldwide, we're a customer-focused business that is all about inspiring customer confidence.At OFX, you'll have the opportunity to reach beyond your role and...

  • Home Loan Specialist

    6 hours ago

    Sydney, New South Wales, Australia AMP Full time

    Job Description If you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking. For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into...

  • Compliance Manager

    1 week ago

    Sydney, New South Wales, Australia AMP Full time

    Compliance ManagerIf you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into...

  • Assistant Product Manager Governance

    1 week ago

    Sydney, New South Wales, Australia AMP Full time

    Assistant Product Manager Governance & MaintenanceIf you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could...

  • Team Manager Retention

    4 weeks ago

    Sydney, New South Wales, Australia AMP Full time

    Job Description If you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking. For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into...

  • Team Manager Retention

    1 month ago

    Sydney, New South Wales, Australia AMP Full time

    Job Description If you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking. For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into...

  • Assistant Product Manager Everyday Banking

    1 week ago

    Sydney, New South Wales, Australia AMP Full time

    Assistant Product Manager Everyday BankingIf you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And...

  • Direct Sales Manager

    4 weeks ago

    Sydney, New South Wales, Australia AMP Full time

    Job Description If you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking. For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into...

  • Direct Sales Manager

    1 month ago

    Sydney, New South Wales, Australia AMP Full time

    Job Description If you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking. For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into...

  • Assistant Product Manager Everyday Banking

    1 week ago

    Sydney, New South Wales, Australia AMP Full time

    Assistant Product Manager Everyday Banking Banking - Business (Banking & Financial Services) If you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.For us, these are exciting times. There's a real potential for big thinkers to help...

  • Assistant Product Manager Lending Product

    2 weeks ago

    Sydney, New South Wales, Australia AMP Full time

    Assistant Product Manager Lending Product DevelopmentIf you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services...

  • Fraud Analyst

    1 week ago

    Sydney, New South Wales, Australia RAMS Full time

    How will I help?Your role within RAMS as Fraud Analyst contributes to our vision to be one of the world's great service companies, helping our customers, communities and people to prosper and grow. The role helps keep our business safe and secure by helping to detect and prevent fraud and financial crime.In this role, y ou will be required to:Execute "best...

  • Assistant Product Manager

    1 week ago

    Sydney, New South Wales, Australia AMP Limited Full time

    The opportunityThe purpose of this role is ensure the Bank's mortgage product offerings and services are meeting the Bank's existing customers needs to ensure customer satisfaction and retention. This role will ensure appropriate retention strategies are in place and that the Bank is retaining home loan customers at an appropriate return on capital.How you...

  • Product Manager Existing Customer and Portfolio

    1 week ago

    Sydney, New South Wales, Australia AMP Limited Full time

    The opportunityThe purpose of this role is ensure the Bank's mortgage product offerings and services are meeting the Bank's existing customers needs to ensure customer satisfaction and retention. This role will ensure appropriate retention strategies are in place and that the Bank is retaining home loan customers at an appropriate return on capital.The role...

  • Manager, Risk Governance

    1 week ago

    Sydney, New South Wales, Australia AMP Full time

    Manager, Risk Governance & ArchitectureIf you live in Australia or New Zealand, you've likely heard of AMP. But at a time when society is changing, we are too. We're now a nimbler business with new leadership and thinking.For us, these are exciting times. There's a real potential for big thinkers to help us redefine what financial services could be. And turn...