Are you an experienced AML/CTF professional passionate about regulatory excellence? We are looking for a Principal AML/CTF Advisor to join our Bank Risk team. You will be crucial in maintaining and enhancing our AML/CTF framework and program, ensuring the Bank meets its legal and regulatory obligations, with a strong focus on Anti-Money Laundering, Counter-Terrorism Financing, and Australian sanctions laws. This role is a fantastic opportunity to drive a risk-aware culture and influence key stakeholders.
Key responsibilities include:
- Managing and enhancing the Bank’s AML/CTF and Sanctions Compliance Programs
- Providing expert advisory and guidance on complex AML/CTF and financial crime legislation
- Driving a strong risk-awareness culture through education and training
- Conducting Second Line of Accountability assurance activities and reviewing control effectiveness
- Handling AML/CTF and Sanctions incidents, providing feedback and driving resolutions
- Collaborating effectively with internal stakeholders across the Bank and Group; and contributing to regulatory reporting and committee presentations.
About you:
- You are a seasoned compliance professional with a deep understanding of the regulatory landscape and a proactive approach to risk management. You will bring relevant experience in financial services, risk, and compliance with a strong AML/CTF specialisation; in-depth knowledge of retail banking compliance obligations including AML/CTF Act, Sanctions, APRA, ASIC;
- Proven ability to interpret law and regulation and stay updated on changes; excellent written and oral communication, problem-solving, and organisational skills; and strong interpersonal, influence, and negotiation skills for collaborative stakeholder engagement.
It is an exciting time to be part of RACQ as we continue our transformation towards better, smarter solutions that deliver more security and prosperity for Queenslanders. We are big enough to make a real difference in our community, yet small enough to nurture your professional and personal development.
By joining RACQ, you will be part of new sustainability initiatives, including a commitment to being a carbon neutral organisation by 2032. We have invested in and partnered with sustainable companies, including the introduction of home solar and batteries, Green Home and Car Loans, and many other products and initiatives. We will continue to advocate for, research, and offer green solutions.
RACQ is committed to ensuring that every employee has access to flexibility in their role. We encourage all candidates to discuss what flexibility means to you, and how we can help you find your balance.
At RACQ, we are passionate about building a diverse and inclusive workplace to create better outcomes for our employees and our members. We aim for our teams to be a true reflection of our communities and are committed to inclusion, particularly people of Aboriginal and Torres Strait Islander heritage, and those who may experience diversity or disability-related barriers in securing employment. Applicants from these and other diverse backgrounds are encouraged to apply. If you have any support or access requirement, please advise us at the time of applying.
What we offer you:
At RACQ, we want you to succeed in work and life and feel supported to do good stuff daily. Whoever you are, wherever you’re from. Some of the good stuff our people have access to include:
- Financial benefits and discounts on a range of banking, assistance and insurance products
- Give back to our communities with paid volunteer leave, payroll giving and volunteering for community events such as MotorFest.
- A range of flexible working and leave options, parental leave of 13 weeks primary carer leave, purchased leave up to 4 weeks per year, cultural observance leave, substitution of public holidays for cultural/religious reasons, personal leave for wellbeing, gender affirmation leave.
- Prioritise your wellbeing with discounts on health programs and access to wellbeing initiatives such annual flu vaccinations, corporate health insurance offer and free and confidential Employee Assistance Program (EAP).
- Invest in your development with in-house development programs and access to an extensive digital learning platform.
You can check out all our employee benefits at https://www.racq.com.au/about-us/careers/employee-benefits
Questions or require any adjustments? Please contact [email protected] or visit: www.racq.com.au/about/careers/our-recruitment-process
Please note: to objectively and comprehensively assess your potential and suitability for the role, RACQ may require you to complete psychometric assessments and/or background checks (including a criminal history check which may include working rights, professional references, employment history, qualification/education, professional membership, criminal history, credit, bankruptcy, watch list, politically exposed person, ASIC financial register, directorship and driving history checks) as part of the application process. Want to know exactly which background checks are needed for this role? Reach out to Human Resources at [email protected]
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