Manager Financial Crime Intelligence

Do work that matters:
 

We're undergoing a rapid transformation, and Risk Management is centre stage. You'll be part of a movement where you'll play an integral role in our ongoing commitment to do the right thing by our customers and the communities we serve.

The FCC Financial Crime Intelligence Unit (FCIU) is a Group-wide function that provides industry-leading intelligence, research and analytical capabilities for the proactive identification of emerging financial crime trends and effective management of financial crime risk through the delivery of clear findings and recommendations. The FCIU facilitates information sharing with both internal and external stakeholders, including but not limited to regulatory, law enforcement, and security agencies.

See yourself in our team:

No day is ever the same in a Risk role at CommBank. You'll be challenged with new problems and new solutions in a role that allows access to multiple aspects of our business and a variety of project types.

You will be a member of FCIU's Financial Crime Investigations team and will assist with the execution of FCIU's business plan, including conducting analysis of financial crime and developing intelligence, collaborating with internal and external stakeholders to disrupt financial crime, and making recommendations to reduce CBA's exposure to financial crime.

This will be done by examining the insights and observations from internal and external data sources to test propositions on how certain criminal behaviours might be undertaken within a banking environment. You and your colleagues will then be responsible for acquiring the necessary data to test these propositions with support from the FCIU Data Analytics team.  Analysis of this data will inform updates to the Group MLRO, reporting to the Executive Financial Crime Risk Committee (EFCRC), referrals to other Group stakeholders (i.e. Group Fraud Management Services, Regulatory and Compliance Operations) and collaboration with law enforcement agencies.

On any given day, you will:

• Assist with the management of a pipeline of internal and external data sources in support of FCIU's collection capability.

• Undertake data surveillance for high-risk typologies to identify changing behaviours among customers which may require intervention and engagement with government and industry.

• Develop hypotheses regarding the likely criminal activity being undertaken based on leads identified via FCIU collection and reporting.

• Disseminate intelligence reports involving financial crime risk(s) involving Group customers, products and channels to relevant Group stakeholders.

• Identify and communicate Red Flags and Typologies to the FCC Financial Crime Analytics team to assist the Group with the detection of potential ML/TF activity.

• Assist with FCIU intelligence reporting and proposed actions presented to the FCC Leadership Team and EFCRC.

• Be responsible for the development of indicators derived from FCIU operations and other sensitive sources to enable probability based-risk scores to be assigned to customers and high-risk criminal networks.

• Review and update FCIU SOPs and related User Guides.

We're interested in hearing from people who have:

• Operational and strategic intelligence experience including demonstrated expertise in managing related analysis, testing and investigations.

• Successfully contributed to research / analytics / intelligence to develop rules based models and surveillance capabilities.

• Ability to interpret key insights from complex data and deliver concise communications outlining emerging financial crime risk(s) and associated impacts.

• Demonstrated experience in the drafting and presentation of intelligence reporting to senior stakeholders.

• Proven ability to develop and implement new capabilities and processes within an intelligence function.

• Demonstrated experience in the production of governance material including SOPs and User guides.

• Able to be security cleared with Australian intelligence and law enforcement bodies.

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We're keen to support you with the next step in your career.

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