Senior Manager, Financial Crimes Risk

Cuscal Limited; Sydney; On-site; AUD 180,000 - 260,000; Full time

Benefits offered by this job

IGNITE development program

Wellbeing focus and discounts via Cus2

Diversity and inclusion

Flexible work arrangements

Job summary

Cuscal Limited is seeking a Senior Manager, Financial Crime Risk to provide enterprise-wide second-line leadership over AML/CTF, scams and broader financial crime risk across Cuscal and its subsidiaries. You will lead risk strategy, frameworks and assurance, ensuring regulatory compliance and risk appetite alignment.

The role requires 10+ years in financial crime risk with strong leadership, solid knowledge of Australian AML/CTF and NZ obligations, and the ability to report to executive and

Qualifications

• 10+ years of financial crime risk, AML/CTF, fraud, or related roles in banking/payments.
• Senior leadership experience overseeing risk frameworks across multiple entities.
• Strong knowledge of Australian AML/CTF requirements and NZ obligations.
• Understanding of scam, sanctions, bribery and broader financial crime typologies.
• Experience designing risk appetite, risk assessments, and board reporting.

Responsibilities

• Set the group financial crime risk strategy, framework and oversight priorities across Australia and New Zealand.
• Provide independent assurance over first-line risk management and control effectiveness.
• oversee AML/CTF laws, sanctions, anti-bribery, fraud and scam obligations.
• Drive identification, assessment, monitoring, escalation and reporting of financial crime risks.
• Oversee regulatory changes and support senior management and Board decisions.
• Maintain the Group Financial Crime Risk Management Framework and standards.
• Lead second-line oversight of AML/CTF, scams, and broader risks including sanctions and bribery.
• Review risk assessments across customer, product, channel, jurisdiction and delivery models.
• Establish and oversee the Group scams risk framework and related governance.
• Set minimum control expectations for due diligence, monitoring, reporting and investigations.

Skills

Financial crime risk

AML/CTF

Fraud awareness

Leadership

Regulatory reporting

Job description

Forward with Cuscal

Ever tapped your phone to buy a morning coffee, or made a purchase from your favourite online store? Chances are, we’ve made it happen.

Job Description

The Group 'Senior Manager, Financial Crime Risk' provides enterprise-wide second-line leadership and oversight of financial crime risk across Cuscal and its subsidiaries, with primary accountability for the key risk classes of anti-money laundering and counter-terrorism financing (AML/CTF), scams and broader financial crime risks.

You will contribute by:

• Setting the Group financial crime risk strategy, framework and oversight priorities across Australia and New Zealand
• Providing independent advice and assurance over first-line financial crime risk management and control effectiveness
• Overseeing compliance with AML/CTF laws, sanctions, anti-bribery and corruption, fraud and scam-related obligations and commitments
• Driving effective identification, assessment, monitoring, escalation and reporting of financial crime risks, incidents, breaches and emerging threats.
• Overseeing the implementation of regulatory changes; and supporting senior management and the Board to make informed decisions and maintain financial crime risk within appetite.
• Owning and maintaining the Group Financial Crime Risk Management Framework, supporting policies, standards, methodologies ensuring alignment across Cuscal and its subsidiaries.
• Leading second-line oversight of key financial crime risk classes, with particular focus on AML/CTF, scams and broader risks including fraud, sanctions, proliferation financing, bribery and corruption, tax crime and other predicate offences.
• Providing independent review and challenge of enterprise and business-level financial crime risk assessments, including customer, product, channel, jurisdiction, delivery model and emerging threat assessments.
• Establishing and overseeing the Group scams risk framework, including prevention, detection, disruption, customer protection, response, recovery, reimbursement governance and compliance with applicable industry codes and regulatory expectations.
• Setting minimum control expectations for customer due diligence, enhanced due diligence, beneficial ownership, transaction monitoring, sanctions and PEP screening, suspicious matter reporting, threshold and international funds transfer reporting, scam controls and financial crime investigations.
• Monitoring first-line implementation and control effectiveness through thematic reviews, targeted monitoring, assurance, data analysis and oversight of remediation actions.

You will stand out if you have:

• 10+ years' experience in financial crime risk, AML/CTF, fraud, scams, sanctions or related risk and compliance roles within banking, payments or financial services.
• Demonstrated senior leadership of financial crime risk frameworks, programs or second-line oversight across complex or multi-entity organisations.
• Deep knowledge of Australian AML/CTF requirements and sound knowledge of New Zealand AML/CFT obligations, including regulator expectations and reporting obligations.
• Strong understanding of contemporary scam, fraud, sanctions, bribery and corruption, and broader financial crime typologies, controls and industry practices
• Experience designing risk appetite measures, risk assessments, control standards, monitoring and assurance programs, and executive and Board reporting.

Why Cuscal?

At Cuscal, you’ll experience interesting work that’s transforming. You get the security of an established organisation and the energy of a company committed to innovation. For 60 years, we’ve set the standard in payments, and now we’re preparing to redefine it for the future.

You’ll also enjoy a range of benefits, including:

• Recognition and growth: Celebrate achievements through IGNITE and grow with tailored development opportunities
• Wellbeing focus: We support your physical, mental and financial health with holistic initiatives and access to discounts via Cuscal Advantage
• Diversity and inclusion: Join a workplace that values different perspectives and flexible work arrangements

If you’re excited about this opportunity, we’d love to explore how you can contribute to our vision.

Cuscal is an equal opportunity employer committed to creating a diverse, inclusive and barrier-free workplace. We welcome applications from Aboriginal and Torres Strait Islander peoples, people living with disability, LGBTQIA+ communities and individuals from culturally diverse backgrounds.