Analyst - Business Governance And Control, Customer Risk Assessment (Contract)

Analyst - Business Governance and Control, Customer Risk Assessment (Contract)
SMBC is a major international bank with a leading position in the Australian Corporate, Project Finance, Financial Institutions, Sponsored / Leverage Finance and Treasury market.
A maternity leave cover opportunity of up to 18 months has become available within our Business Governance and Control department in the Sydney Branch.
Reporting to the Director, Business Governance & Control | Customer Risk Assessment, this position is responsible for the implementation and management of the SMBC Sydney Branch's customer due diligence processes, including prioritising staff responsibilities to ensure timely completion.
This role will escalate and communicate AML/CTF issues arising from assessment or investigation activities and assist with compliance-related tasks as assigned by Customer Risk Assessment team managers/leaders and the Head of Business Governance and Control.
Responsibilities
Timely review and assessment of customer name and associated party screening and monitoring in SMBC name screening system
Ensure appropriate and timely requests to Front Office for collection of documents from customers
Continued liaison with Front Office to ensure timely receipt of customer information
Complete customer risk rating and money laundering risk assessment control documents, including Politically Exposed Person, Negative News and Sanction Country Link analysis, in a timely manner
Ensure KYC files are accurate and complete and well-substantiated and completed within the specified timeframe
Conduct appropriate searches and screening in relation to all parties in association with KYC completion
Review policy and procedure documents in relation to AML/CTF obligations to develop a deep understanding of SMBC requirements and ensure consistency of current practices
Ensure appropriate implementation of updates to all processes based on Australian and SMBC changes, and any instructions from Customer Risk Assessment team leaders/managers, Head of Customer Risk Assessment, AML/CTF Senior Manager or Head of Compliance and AML/CTF
Maintenance of AML/CTF records including customer files and timetable for reassessment
Ensure issues arising are addressed appropriately and in a timely manner
Undertake any other tasks assigned by your Manager / Team Leader
Qualifications
Tertiary qualification such as an undergraduate degree in business, law or equivalent
Proven understanding of compliance and AML/CTF risk frameworks
AML/CTF experience including completion of customer due diligence including Politically Exposed Person, Negative News and Sanction Country Link analysis as well as undertaking of Transaction Monitoring
Strong understanding of banking operations and financial products and services
Understanding of Australian financial market and regulatory framework
Able to find practical solutions to legal and regulatory requirements
Able to promote a strong compliance and AML/CTF culture both internally and externally
Ability to build and maintain effective working relationships with colleagues
Sound time management skills
Good organisational skills and ability to meet deadlines
Accuracy and attention to detail
Good communication skills (discussions with Front Office and others responsible for AML/CTF procedures)
Seniority level
Associate
Employment type
Contract
Job function
Finance
Industries
Banking
Location: Sydney, New South Wales, Australia
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