Associate, Kyc Services

This is a Parental Leave Cover Role for a 12-month period
- Sydney based Incredible opportunity to join Westpac’s Institutional Bank

**How will I help?**

Client Lifecycle Management (CLM) is part of Institutional Banking Services and supports the Westpac Institutional Bank (WIB). We pride ourselves on being a business unit that is equipped to meet the ever-changing needs of the market, while remaining committed to our different customers, stakeholders and products.

The CLM KYC Team is responsible for reviewing client files in accordance with local regulatory requirements and Westpac's Global Standards to facilitate the business’ KYC obligations.

As an Associate, you will be a part of the Customer Lifecycle Management Operations Hub and will work directly with the customers, business, other operational teams, and Financial Crime Compliance.

Accountabilities include:

- Prioritize the On-boarding & Periodic Review of customers and prepare client-specific KYC-related analysis and complete Customer Due Diligence.
- Demonstrate the ability to adapt timely and adequately to the new Anti-Money Laundering (AML) policies, processes, system knowledge.
- Engage and work with Business Units to assess documentation requirements for customers.
- Interact with Clients/Relationship Managers to obtain KYC and other compliance information and documentation.
- Interact with Financial Crime Compliance team for escalations pertaining to client file reviews.
- Work with your colleagues to build accurate procedures of current processes ensuring they are always kept up to date.
- Work closely with Supervisor and Manager to actively engage in cross training within the team.
- Identify opportunities to improve risk mitigation by tightening controls and/or procedures
- Ownership of training and development needs to ensure that you have the tools to do the job required.
- Embrace change initiatives and work with your colleagues to keep procedures updated and implement the change processes as seamlessly as possible. Ensure that operational risk practices are actively understood and complete all mandatory training e.g. Banking Code of Practice.

**What’s in it for me?**

This is an opportunity to join the Corporate and Institutional Bank division of WIB. In this role you will have a chance to build your professional network and help develop your business and commercial acumen.

On a personal note, whatever shape your family takes, we offer generous paid and unpaid parental leave for your nominated primary and support carers. This includes leave to organise adoptions, surrogacy, and foster care arrangements. And we continue to pay your super contributions while you take all the time you need to get your new family settled.

**What do I need?**

To be successful in this role you will have prior KYC/AML experience in the Banking Industry and a strong understanding of KYC / AML, particularly in Banks, NBFI, Corporate and Funds.

You will have an understanding of local jurisdictional KYC/AML requirements and working knowledge of corporate and institutional banking products (financial markets, debt and transactional).

Additionally, you will have:

- Excellent focus on attention to detail with the ability to work and make decisions in a fast paced environment.
- Organisational skills that allow role holder to manage a diverse workload but prioritise critical deliverables (e.g. ability to prioritise and review client files based on due dates and business criticality).
- Control focused mindset and good understanding of regulatory and reputation risks.
- Strong analytical mindset.
- Able to work independently, under pressure and deliver to tight timelines.
- Strong interpersonal and communication skills at all organisational levels and across jurisdictions.
- Energetic and motivated, able to work well inside a group and broadly across an organisation.
- Certifications pertaining to AML/KYC is an added advantage. Knowledge in other global jurisdictional KYC/AML requirements, advantageous.

**What’s it like to work there?**

For the past 200 years, we’ve been backing people, businesses, communities, and ideas. As Australia’s first bank, we’ve adapted and evolved, inspired by our customers and a genuine desire to create better futures.

Together, we’re creating better futures for all our people, customers, communities, and shareholders. This has been our enduring Purpose.

We make change happen in the community. It’s our shared vision of a safer, greener and more inclusive world that sees us back new ideas, innovations and individuals who are creating better futures.

**How do I Apply?**

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