Team Leader, Detection AML Operations

About the Role

Join our Transformation & Operations team at the forefront of combating financial crime. 

The Detection AML Operations team is accountable for the day-to-day AML/CTF operational obligations in first-round critical analysis and assessment of alerts generated for Screening of customers and payments for Sanctions risk, PEPs, Relatives/Close Associates, Adverse Media, and Third-Party Risk.  

As the Team Leader Detection AML Operations, you will be responsible for leading and supporting a spirited, inclusive, and accountable team of AML Analysts, by providing influential leadership of the team achieving success together. Delivering coaching for personal development or technical capability of financial crime risks (Sanctions, money laundering, bribery and corruption, terrorist financing, politically exposed persons etc).  

The Team Leader Detection AML Operations is also accountable for timely assessment of Unusual Activity Reports (UARs) and compliance with regulatory report exception handling for Threshold Transaction Reports (TTRs) and International Fund Transfer Instructions (IFTIs) as well as supporting improvement initiatives. This role will have the opportunity to effect change and help grow our first line Financial Crime Operations team, in line with the Groups strategic priorities.  

Responsibilities of the role will include: 

• Managing day-to-day operational obligations for triage and assessment of customer and payments screening alerts, regulatory report exception handling (TTR & IFTI) including authorising and submitting (where delegated) and completing four-eye checks of escalated (ECDD) screening assessments.
• People leadership fundamentals in coaching, leading and developing AML Analysts through monthly 1:1s, development plans, providing training and sound guidance and monitor performance deliverables.
• Promote a risk-aware and continuous improvement culture; ensure efficient and effective risk and compliance management practices.  
• Time critical deadlines and Service Level Agreements (SLAs) are met – on a daily basis.
• Ensure compliance with financial crime policies and regulatory obligations are met, including ensuring analysts maintain accurate and factual record keeping on all case files.
• Drive and maintain a high performing, spirited and inclusive team culture.  
• Keeping abreast of emerging ML/TF trends, emerging risks and AUSTRAC typologies.
• Maintain and build effective relationships with peers, FCO leadership and stakeholders across the Group.  
• Understand and comply with the Code of Conduct and any additional policies and procedures which apply to the role to ensure BOQ Group excels, complies with laws and regulations, and upholds their reputation. 

What You Will Bring: 

Our successful candidate will demonstrate the BOQ Group values of Spirited, Optimistic, Curious, Inclusive, Accountable and Lionhearted to contribute to the purpose of Building Social Capital through Banking 
 
To be successful in this role you will have demonstrated leadership experience, a passion for prevention of financial crime, SME knowledge and be multi-disciplined across financial crime areas such as Sanctions, payment and customer Screening, ECDD, IFTIs. You will possess an understanding of the financial crime landscape – emerging trends/threats, ML/TF typologies and red flags. 

About you

The following criteria will also be considered when reviewing applicants:  

• Demonstrated knowledge of screening customers and payments for MLT/TF risk identification, assessment, management and timely mitigation.
• Demonstrated operational experience in banking, financial crime operations team and/or effective leadership.
• Demonstrated ability to prioritise and execute efficiently, with strong interpersonal, written and verbal skills.
• Experience in identifying ML/TF and other financial crime typologies making risk-based decisions as appropriate.  
• Highly developed planning, organisation, and time management skills.
• Strong knowledge of Financial Crime typologies and Australian AML/CTF regulatory environment.  
• Well-developed critical thinking capability including ability to review data, draw on insight and convey complex information in a risk-based approach on decision making with a strong eye for detail.
• Working knowledge or experience in application Netreveal (NROD), Temenos, SWIFT, Dow Jones and AUSTRAC online portal (desirable).

If the above role sounds like you and you feel that you can bring enthusiasm and energy to a high performing Financial Crime Operations team, then we would love to hear from you 

About Us

BOQ Group is a truly unique group of challenger brands with a purpose – to provide a genuine alternative to Australian financial services for customers and employees.

Our family of brands (Bank of Queensland (BOQ), ME Bank, Virgin Money Australia, BOQ Specialist), each come with their own defined customer audience and brand personality, but share one goal – to build social capital through banking. That’s creating trust with customers, exploring staff potential and believing that tiny gestures and big ideas can change the world for communities.

BOQ Group’s inclusive vision is to foster a workspace that values and leverages difference and creates new possibilities, a place where our people feel confident to bring their best selves to work every day. We embrace difference and believe that our workforce should reflect the customers and communities that we serve.

Since 2021, BOQ Group is recognised as an Employer of Choice for Gender Equality by the Workplace Gender Equality Agency (WGEA).

In 2023, we successfully implemented an innovative Reconciliation Plan, driving positive change and promoting inclusivity across BOQ Group.

Our Perks

• Flexible working arrangements
• Discounted financial products
• Salary sacrificing options
• Paid parental leave with no minimum
• Purchase annual leave
• Discounted private health insurance plan
• Employee Assistance Program (EAP)
• Access to employee network groups focused on First Nations Reconciliation, LGBTQIA+, Multicultural, Gender, Early Careers and accessibility
• BOQ Group is a member of Pride in Diversity and a participating organisation in the Australian Workplace Equality Index

How to Apply

To apply for this role at #boqgroup, follow the links or apply via our Careers Page. 

BOQ Group is committed to diversity and an inclusive workforce. Aboriginal and Torres Strait Islander People are encouraged to apply.

We celebrate, value and include people of all backgrounds, gender and expressions, sexualities, cultures, bodies and abilities. When you apply, you are welcome to tell us the pronouns you use and please let us know any reasonable adjustments you may need during the interview process.

If you are successful for a role with BOQ Group, it is a condition of employment that background screening is completed to ensure that the Bank complies with its obligations under the Anti-Money Laundering and Counter Terrorism Financing Act. These checks may include, but are not limited to: identity, verification, reference checks, criminal background checks, immigration checks, verification of academic qualifications, bankruptcy checks.

Please no agency applications.