Financial Crime

With over 1.3 million members RAC is one of WA's most iconic and trusted brands. We are committed to building a stronger RAC and are embarking on an exciting transformation. This will create greater value for our members and deliver on our purpose to be "The driving force for a better WA" by 2030.

This role, reporting to the General Manager, will lead on all financial crime and compliance matters within RAC Finance (RACF), including AML/CTF, National Consumer Credit Code and other regulatory legislation appropriate for a non-bank lender. The role holder will ensure RACF has robust financial crime and compliance controls in place and will provide guidance and support to the business to ensure they are met. With the support of a Senior Financial Crime & Compliance Officer, this role will also assist in identifying any gaps or weaknesses in existing controls and mitigate the risk of RACF being used for financial crime purposes.

**Responsibilities**:- Align leadership with RAC’s purpose, vision, and mission.-
- Identify, investigate and evaluate all risks in relation to developing/emerging regulatory compliance requirements relating to RACF current and its future product suite.-
- Oversee the execution of the compliance management plan and the day-to-day compliance and risk activities.-
- Project Manage any regulatory or compliance changes that impact RACF ensuring the company remains compliant prior to any due dates ensuring a high level of collaboration is achieved from both internal and external stakeholders.-
- Ensure ongoing compliance by RACF is aligned to regulators expectations for example, ensuring the RACF AML/CTF Program and AUSTRAC legislation remains aligned.-
- Complete periodic assessments of AML/CTF controls effectiveness and propose enhancements if needed.-
- Oversee the annual review of the AML/CTF program Part A & B via an external provider to ensure the program remains updated and manage any RACF support for independent reviewers as per the Group Audit Plan.-
- Managing the risk management systems and liaise with Senior Leaders to review and identify new and emerging operational and financial risks.-
- Contribute to training staff on AML/CTF requirements and broader compliance processes.-
- Assist in escalating findings to relevant authorities as appropriate.-
- Keep abreast of regulatory changes and industry guidance within the financial services sector and update policies and procedures accordingly.Skills and Attributes:- Significant experience in financial crime prevention, particularly in AML/CTF and financial services compliance.-
- Strong understanding of AML/CTF legislation, National Consumer Credit Code and other regulatory requirements.-
- Demonstrated assurance experience within financial services compliance and/or regulatory framework.-
- Experience in project management and change functions to ensure any regulatory or compliance changes to RACF are fully managed and implemented.-
- Experience in developing risk & compliance strategies and learning materials for Directors, SLT and team members.-
- Communicates effectively and presents clearly.-
- Demonstrates attention to detail and accuracy.-
- Highly organised and structured working style.What can we offer you?

A career at RAC is more than just a job. We are passionate about our people, and we strive to create an environment that fosters their growth and our culture. We value that everyone is different, and we strive to encourage everyone to reach their pinnacle. RAC are committed to developing our internal talent and this could be an ideal time to join our diverse and varied organisation that is currently going through a significant transformation. In addition to this we offer:- Access to RAC member benefits-
- An established Diversity & Inclusion strategy-
- Generous discounts on home, contents and car insurance plus free roadside assistance-
- In-house Health and Wellness programs-
- A competitive base salary plus super (ability to purchase additional leave)-
- A very active Social Club - join one of the most active social clubs in Perth with over 900 members- How to Apply-
- Applications close Monday November 18th._
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