Advisor - Financial Crimes Quality Assurance

Job Description

The Control/Quality Assurance Advisor is responsible for supporting the Financial Crime Compliance team in developing and executing the bank’s Financial Crime Assurance Program. This role involves providing oversight, review, and challenge to ensure compliance with AML/CFT and Sanctions regulations. Additionally, the Advisor supports the Senior Partner by offering independent review, advice, and challenge on the implementation of AML processes, as well as other initiatives, issues, and incidents across Group Operations to ensure compliance with Financial Crime Compliance obligations. The Advisor also engages with and provides advice to other parts of the Compliance function to help ensure that various business and division initiatives, incidents, and issues comply with financial services obligations. Key Responsibilities: Supporting the implementation of the Financial Crime Compliance Assurance Framework through: Regular, sample-based quality assurance of Line 1 quality control Regular, sample-based control testing of Line 1 controls Targeted, ad hoc deep dive reviews of financial crime compliance in Line 1 The Advisor synthesizes, escalates, and reports findings from assurance activities to identify gaps, weaknesses, and areas for improvement in Line 1’s management of Financial Crime Compliance. About you We are looking for someone with strong, detailed knowledge and understanding of financial crime compliance obligations, including the AML/CTF Act, AUSTRAC guidance, and industry best practices. The ideal person will have experience working in and supporting financial services and banking businesses, products, and services. They should possess knowledge of risk and control assurance methodologies, including control design, testing, and effectiveness. Additionally, the candidate should have the ability to build strong, constructive relationships with stakeholders across the Group. They must have the skills to identify areas requiring further analysis and attention, ensuring a pragmatic and robust approach to compliance. Proven experience in building constructive, open, and transparent relationships with stakeholders at an equivalent level in financial services is essential. Lastly, the candidate should have the capability to understand new, dynamic, and complex initiatives, incidents, and issues. 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. 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. 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. Benefits 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 #grouprisk, 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. #J-18808-Ljbffr