Senior Analyst, Global Correspondent Banking Risk

NAB; Melbourne; On-site; AUD 100,000 - 150,000; Full time

Benefits offered by this job

Diversity & inclusion

Inclusive culture

Job summary

NAB is seeking a Senior Analyst, Correspondent Banking to join the Correspondent Banking Due Diligence team in Melbourne. You’ll help assess and mitigate risk across cross-border banking relationships and support regulator-ready outcomes.

You’ll deliver enhanced due diligence, advise on risk, and collaborate with risk, compliance and payments teams to ensure consistent, high‑quality risk decisions. This role emphasizes customer obsession and integrity across NAB’s global operations.

Qualifications

• Experience delivering Enhanced Customer Due Diligence (ECDD) or Equivalent Controls (EC), specifically 2EC and 4EC.
• Demonstrated experience in due diligence reviews in financial crime or regulated financial services.
• Knowledge of cross-border payments and correspondent banking risk.
• Strong analytical and documentation skills.
• Ability to work effectively with risk, compliance, and business stakeholders.

Responsibilities

• Complete Enhanced Customer Due Diligence (ECDD) and periodic reviews of correspondent banks in line with NAB policies and AML/CTF requirements.
• Assess money laundering, terrorism financing, sanctions, and reputational risks linked to correspondent banking relationships.
• Monitor correspondent banks for changes in risk and elevate issues using NAB’s governance processes.
• Prepare clear and concise risk assessments and recommendations to support onboarding, review, or exit decisions.
• Work with Financial Crime, Compliance, Payments, and operations teams to support consistent risk outcomes.

Skills

Enhanced due diligence

Cross-border payments risk

Risk assessment

Documentation

Stakeholder collaboration

Job description

• Play a key role in protecting global payment services by assessing correspondent banking risk and supporting safe, compliant cross-border banking relationships!
• Join a highly specialised financial crime team where your expertise in due diligence, correspondent banking and cross-border payments will be valued and developed!
• Work across risk, compliance and payments teams to deliver meaningful risk insights, influence decisions and support regulator-ready outcomes!

Our people are customer obsessed. They prioritise the needs and satisfaction of the customer above all else. Our mindset fosters innovation and creates strong, lasting customer relationships as we strive to be the most customer centric company in Australia and New Zealand.

In the role of Senior Analyst, Correspondent Banking, you will join the Correspondent Banking Due Diligence team that’s doubling down on customer obsession.

Each day, you’ll go above and beyond to:

• Complete Enhanced Customer Due Diligence (ECDD) and periodic reviews of correspondent banks in line with NAB policies and AML/CTF requirements.
• Assess money laundering, terrorism financing, sanctions, and reputational risks linked to correspondent banking relationships.
• Monitor correspondent banks for changes in risk and escalate issues using NAB’s established governance processes.
• Prepare clear and concise risk assessments and recommendations to support onboarding, review, or exit decisions.
• Work with Financial Crime, Compliance, Payments, and Operations teams to support consistent risk outcomes. Assist with regulatory reviews, audits, and remediation activities relating to correspondent banking.

We’re looking for the best and brightest to deliver the best for our customers. You’ll need:

• Proven experience delivering Enhanced Customer Due Diligence (ECDD) or Equivalent Controls (EC), specifically 2EC (Analyst) and 4EC (Senior Analyst).
• Demonstrated Experience in completion of vostro due diligence reviews in financial crime, or a regulated financial services environment.
• Knowledge of cross-border payments and correspondent banking risk.
• Strong analytical and documentation skills.
• Ability to work effectively with risk, compliance, and business stakeholders.

A diverse and inclusive workplace works better for everyone

We know that our people make us who we are. That's why we have built a culture of equity and respect – where everyone feels valued and appreciated for being their authentic selves. In partnership with our multiple Employee Resource Groups (ERGs) we continue to foster an inclusive environment, where all NAB colleagues’ unique backgrounds and identities are understood, respected and celebrated. We are committed to providing an environment where you can work your way.

For details on the recruitment process, and accessibility, please visit https://www.nab.com.au/about-us/careers/apply-for-job. To discuss adjustment requirements, please contact the NAB Careers team, via ***********@nab.com.au (please reference job number) or visit our Careers page through the link above for other contact options.

Join NAB

If you think this role is the right fit for you, we would love to hear from you. Please note candidate screening and interviews may be conducted prior to the closing date of the job advert. Unsolicited CVs from agencies will not be accepted.

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