Risk Analyst

Westpac Group; Parramatta; On-site; AUD 90,000 - 120,000; Full time

Job summary

Westpac Group in Sydney's Parramatta region is seeking a hands-on AML/CTF Investigator to support the Financial Crime Surveillance function on a max-term basis until September 2027. You will investigate Unusual Matter Reports and AML/CTF events, document findings, and escalate high-risk cases with precision and privacy.

You'll work with onshore and offshore teams, stay abreast of regulatory changes, and contribute to robust controls while delivering timely, high-quality outcomes in a

Qualifications

• Understanding of AML/CTF operations and risk management principles.
• Strong analytical skills with attention to detail.
• Ability to manage priorities and work autonomously.
• Experience engaging with stakeholders within operations.

Responsibilities

• Investigate AML/CTF/Sanctions events within agreed timeframes.
• Escalate high-risk customers following risk standards.
• Document investigations accurately and maintain privacy standards.
• Support the Financial Crime Surveillance team and stakeholders.
• Stay updated on regulatory changes and industry trends.

Skills

AML/CTF knowledge

Analytical skills

Stakeholder management

Regulatory compliance

Financial services experience

Job description

Job Description

Multiple Max Term opportunities - until September 2027

What’s the role?

Reporting directly to the Team Manager, this hands-on role plays a critical part in supporting our Financial Crime Surveillance function. You’ll be actively involved in delivering high-quality outcomes by ensuring timely responses and accurate documentation of AML/CTF investigations. This includes managing escalations for high-risk customers and maintaining compliance standards throughout the process.

• Investigate Unusual Matter Reports (UMRs) and AML/CTF/Sanctions events within agreed timeframes, ensuring accurate documentation and informed risk decisions.
• Escalate high-risk customers and potential compliance breaches in line with Financial Crime Risk Standards and regulatory requirements.
• Maintain strong adherence to policies, controls, and privacy standards while managing sensitive information.
• Support the wider Financial Crime Surveillance team and foster effective stakeholder relationships across onshore and offshore teams.
• Stay up to date with legislative changes and industry trends to ensure best practice and compliance.

What do I need?

In this role, you’ll draw on your understanding of Anti-Money Laundering and Financial Crime operations, strong analytical skills, and experience in financial services to deliver high-quality outcomes.

• Ideally a solid understanding of financial services, with knowledge of AML/CTF operations and risk management principles.
• Strong analytical skills, attention to detail, and a drive for continuous improvement.
• Ability to manage priorities, work autonomously and collaboratively, and deliver results to a high standard.
• Proven experience in stakeholder relationship management within operational teams.

Just as important, we value diversity of thought, a willingness to work at a base level in a repetitive role, genuine enthusiasm for financial crime prevention. If you’re comfortable taking information and data and adding it into reports, and you bring energy and curiosity to the field, you’ll thrive here.

Why join us?

We’re obsessed with becoming our customers' #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return, we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that:

• Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates!
• Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave.
• Tailored learning and development opportunities to help you grow your career within the bank.
• Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives.

We’re all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community.

If you need any adjustments during the recruitment process, you can find more information and contact details on our FAQs and how to contact us page , under the ‘Diversity, sustainability and flexibility’ section.

We may close this job advertisement earlier than the advertised closing date if suitable candidates are identified.