Senior Financial Crime Analyst

This is a Full time, Perm role.

China Construction Bank Corporation (CCB) is one of the largest banking corporations in China and is one of the largest bank in the world by asset size. With dominant presence already established in China, CCB is proactively expanding onto overseas markets and currently has over 30 offices operating outside China. CCB Sydney branch was firstly established as a representative office in November 2007 prior to be authorized by APRA in October 2010 to carry out wholesale banking businesses in Australia. Currently CCB operates its businesses in Australia primarily through Sydney branch, which also supports marketing activities at other sub-branches in Melbourne, Brisbane and Perth.

Operating in a sophisticated financial market like Australia, CCB is strive to not only meeting Head Office expectation but also to establish higher standards as soon as it suits. It is on this basis that Internal Control & Compliance Department has significantly contributed to a number of Compliance Projects/ Initiatives and has become highly regarded within CCB Group.

Position Summary:

The Senior Financial Crime Analyst plays a pivotal role within the IC&C team, contributing to the effective implementation of China Construction Bank Corporation, Sydney Branch's ("CCBS") Financial Crime Compliance framework. The role holder is , responsible for CCBC's ongoing compliance with legislative, regulatory, and Group standards in the areas of Anti-Money Laundering/Counter-Terrorism Financing ("AML/CTF"), Sanctions, and Fraud, Bribery & Corruption.

This role has similar core responsibilities as those undertaken by the Assistant Financial Crime Manager, with a distinction that this role will typically act as "maker" within a "maker / reviewer" paradigm and as such has a particular focus on executional accuracy and subject matter expertise.

The role holder will foster a culture of transparency, risk ownership, and continuous improvement.

Key Responsibilities:

KYC and Customer Due Diligence (CDD) Oversight

• Following CCBS's operating procedure, review and authorise onboarding, periodic, and ad-hoc KYC files ensuring compliance with the Group AML Program and CCBS's standards.

• Perform gap analyses on submitted client files, identifying and recommending the remediation of documentation errors, risk rating inconsistencies, or missing data.

• Conduct thorough reviews of FATCA and CRS information provided by clients, ensuring accuracy, completeness, and compliance with CCBS's regulatory and internal requirements, thereby supporting the firm's adherence to global tax transparency standards.

Sanctions Monitoring & Investigations

• Conduct thorough investigations into sanctions screening alerts by applying analytical techniques to accurately identify true matches, anomalies, or potential control issues.

• Support the escalation of high-risk findings with clear and complete case documentation

• Contribute to the continuous improvement of sanctions screening processes through the participation in tuning and testing activities.

Transaction Monitoring & Investigations

• Conduct second-line review of screening alerts from the NGS system.

• Perform detailed transaction monitoring reviews to detect red flags and unusual behaviors

• Escalate suspicious matters and contribute to the preparation of Suspicious Matter Reports in a timely and thorough manner.

Regulatory Compliance & Framework Management

• Follow the direction from the Financial Crime management team to apply evolving legislative and regulatory requirements, review and audit findings, to the role holders remit and update internal policies and procedures to alleviate identified gaps.

• Provide input into policy reviews by contributing subject matter insights on AML/CTF and Sanctions.

Internal Risk Assessments & Control Effectiveness

• Contribute to the execution of enterprise and jurisdictional risk assessments, bringing subject matter insights to assess control gaps and exposure.

• Contribute to the preparation of responses for internal and external audits, regulatory reviews, or senior management assessments by collating and preparing requested documentation and explanations.

Stakeholder Engagement & Communication

• Offer technical guidance to First Line of Defense (1LoD) stakeholders on CDD, Sanctions, and AML red flags.

• Deliver targeted training sessions and support capacity building across business lines, ensuring that compliance standards are clearly understood and upheld.

• Challenge business units where gaps against AML/Fraud policy requirements are identified.

• Provide accurate and timely monthly reporting and management information (MI) in the financial crime domain, ensuring comprehensive analysis of key metrics, trends, and incident data. This includes compiling, reviewing, and presenting reports on financial crime activities, supporting data-driven decision-making, and highlighting areas of potential risk.

Culture, and Continuous Improvement

• Promote a strong compliance culture by modelling integrity, transparency through active engagement and by modelling best practices.

• Provide challenges to 1LoD regards to minimum standards of compliance as set out within the "AML Program" and "Fraud" policies.

• Identify opportunities for process efficiencies or risk mitigation improvements in financial crime operations.

Ad-Hoc Responsibilities

• Execute compliance-related tasks and projects as assigned by the Director Financial Crime, balancing business-as-usual activities with ad hoc priorities.

Experience and Qualifications:

• A tertiary qualification in Finance, Commerce, or a related field.

• Minimum 3 years' experience in a 2nd line AML/CTF role, preferably within banking or financial services.

• Understanding of AML/CTF laws, sanctions frameworks, KYC practices, and FATCA/CRS obligations.

• High attention to detail and documentation accuracy.

Core Capabilities:

• Analytical mindset, capable of identifying patterns and recognizing indices of risk.

• Strong written and verbal communication skills, with an ability to communicate complex concepts clearly, concisely, and which are technically sound.

• A proactive approach to stakeholder management, managing competing priorities with Initiative and accountability ensuring compliance risks are appropriately identified and managed.

• Resilience and adaptability, with the ability to remain focused under pressure and deliver quality outcomes in a fast-paced environment.

Culture & Benefits

We feel strongly that a positive workplace culture will help us create a positive experience for each and every member of the CCB family. We have some really great employee benefits to offer:

• Professional development opportunities – we want to help our employees be the best that they can be, so we help them on that journey; and
• Excellent work/life balance.

Additional Information

We encourage people with a disability to apply for roles at China Construction Bank and to request any support or reasonable adjustments that may be required to fully participate in the recruitment process.

To be considered for this role, interested candidates must provide an up-to-date resume.