Risk Analyst / Senior Risk Analyst

Westpac; City of Parramatta; Hybrid; AUD 90,000 - 120,000; Full time

Job summary

Westpac is hiring for a Financial Crime Surveillance role based in Sydney, Melbourne, Brisbane or Adelaide with a hybrid work model. The position covers investigation of high-risk activity, analysis of complex information and collaboration across Compliance, Operations and business stakeholders.

For senior candidates, guidance on complex investigations and capability uplift is expected. The role supports regulatory obligations and risk outcomes, offering opportunities to influence decisions and

Qualifications

• Experience in financial crime, AML/CTF, fraud, investigations, risk management, compliance or related disciplines.
• Strong analytical, investigative and problem-solving skills identified.
• Excellent written and verbal communication skills with ability to influence stakeholders.
• Demonstrated ability to make balanced, evidence-based decisions and provide practical risk recommendations.
• Ability to manage competing priorities and maintain high attention to detail.

Responsibilities

• Investigate high-risk customers, complex cases, and potential financial crime activity.
• Analyse customer information, transaction activity, behavioural patterns and risk indicators.
• Identify red flags, suspicious activity and emerging risk trends, escalate as required.
• Prepare clear, evidence-based investigation reports with risk-based recommendations.
• Partner with Financial Crime, Compliance, Operations and Business stakeholders to manage risk.
• Contribute to process improvements and uplift risk controls across the function.
• Senior level: guide complex investigations and coach others to uplift capability.

Skills

Analytical

Investigation

Communication

Decision making

Attention to detail

Job description

Job Description

• Based in Sydney, Melbourne, Brisbane or Adelaide
• 12 month maximum term opportunity
• Based in Sydney, Melbourne, Brisbane or Adelaide
• Hybrid working model

What’s the Role?

The Financial Crime Surveillance (FCS) team plays a critical role in protecting the bank and its customers from financial crime. We are seeking both Senior Risk Analysts and Risk Analysts to investigate unusual or high-risk customer activity, identify emerging risks, and support informed decision-making that meets regulatory obligations.

This is an excellent opportunity for professionals with experience in financial crime, risk, AML/CTF, fraud, investigations or compliance who enjoy problem-solving, analysing complex information, influencing stakeholders, and driving risk outcomes. Depending on your level of experience, you will have the opportunity to lead complex investigations, mentor others, and contribute to continuous improvement initiatives across the function.

Responsibilities:

• Investigate high-risk customers, complex cases, and potential financial crime activity.
• Analyse customer information, transaction activity, behavioural patterns and risk indicators using enhanced due diligence techniques.
• Identify financial crime red flags, suspicious activity, and emerging risk trends, providing timely escalation where required.
• Prepare clear, evidence-based investigation reports and deliver risk-based recommendations to support customer risk decisions.
• Partner with Financial Crime, Compliance, Operations and Business stakeholders to manage risk and strengthen customer outcomes.
• Contribute to process improvement initiatives, uplift risk controls, and support the ongoing enhancement of financial crime frameworks and practices.
• For senior-level candidates, provide guidance on complex investigations, support capability uplift within the team, and drive improvements to risk management practices.

What Do I Need?

We're looking for curious, analytical and adaptable professionals who can assess risk, make sound decisions and build strong stakeholder relationships.

• Experience in financial crime, AML/CTF, fraud, investigations, risk management, compliance or related disciplines.
• Strong analytical, investigative and problem-solving skills, with the ability to assess complex information and identify key risks.
• Excellent written and verbal communication skills, with the ability to influence and engage stakeholders effectively.
• Demonstrated ability to make balanced, evidence-based decisions and provide practical risk recommendations.
• Strong attention to detail, organisational skills and the ability to manage competing priorities.
• Experience leading complex investigations, coaching others or driving risk improvement initiatives will be highly regarded for Senior Risk Analyst applicants.

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 your 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.