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Form of workAbout the Role
The Senior Partner, Financial Crime Quality Control (QC) is responsible for supporting the implementation of the Financial Crime Compliance Quality Control Framework through, planning and scoping Quality Control reviews to complete over a 12-month period along with regular, sample-based Quality Control performed over Line 1 processes. Synthesising, escalating, and reporting findings from Quality Control activities to identify gaps, weaknesses, and areas for improvement in Line 1’s management of financial crime risks.
The successful candidate will also be responsible for contributing regular and insightful reporting for Line 1 on financial crime compliance risk incidents and issues identified through Quality Control activities while building strong, constructive, open, and transparent relationships with Line 1 staff at equivalent levels to achieve the Compliance Purpose and Ways of Working. The candidate will also need to develop & maintain strong working relationships with Line 2 Financial Crime Compliance and the AML First Program.
Key Responsibilities:
- The scope of the role covers financial crime Quality Control activities performed across Line 1 for the BOQ Group
- The successful applicant requires:
- strong and prior experience in control testing – experience in QC in the financial crime field preferred
- strong attention to detail and critical expertise and judgement
- the ability to act in autonomy and make decisions, escalating any issues where required
- strong communication and negotiation skills to finalise and communicate findings to relevant areas
- the ability to lead the implementation of the Financial Crime Quality Control Framework
- Leadership skills to manage the workload of two direct reports and a broader team in the Quality Control team.
- Skills to produce accurate and timely reporting together with insights and analysis from regular control testing exercises, and the ability to identify systemic or significant issues
- Advises senior management & stakeholders of any major adverse findings in a timely manner
- Responsible for Quality Control reporting to be provided for the various risk committees including EXCO Risk Committee and Divisional Risk Committees
- Remain up to date with emerging AML/CTF trends and methodologies and regulatory requirements.
- Exemplify the BOQ Group values of Spirited, Optimistic, Curious, Inclusive, Accountable and Lionhearted to contribute to the purpose of Building Social Capital through Banking.
- Understand and comply with the Code of Conduct and any additional policies and procedures which apply to the role to ensure BOQ Group excels, complies with laws and regulations, and upholds their reputation.
About you
- Strong, detailed knowledge and understanding of financial crime compliance obligations including the AML/CTF Act, AUSTRAC guidance etc, as well as financial crime compliance industry practice
- Experience working in, supporting financial services, and banking businesses, products, and services (more than 8 years’ experience required)
- A background of working in a Quality Control assurance role, covering planning, reporting and testing, is preferred
- AML/KYC Certifications ACAMS (or equivalent) preferred.
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. That’s creating trust with customers, exploring staff potential and believing that tiny gestures and big ideas can change the world for communities.
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. We embrace difference and believe that our workforce should reflect the customers and communities that we serve.
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.
Our Perks
• 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 please 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.
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