Job Description
Risk & Compliance Officer
12 month FTC
As Australia’s longest serving Defence financial institution, we have supported those who protect and serve our country for over 65 years. And as a member-owned bank, we are here for our members first, helping them to achieve their financial goals with a range of competitive products and personalised service. In 2024, we were named one of the World’s Best Bank by Forbes and won Canstar’s Consumer Bank of the Year for Everyday Banking.
Your Role:
This position is responsible for the administration and support of the enterprise risk, compliance and assurance activities, and ongoing review and monitoring of the Bank’s risk and compliance frameworks, policies, and procedures. This involves working with staff at all levels across the Bank to identify, analyze, evaluate, treat, and monitor key material and compliance risks.
What You'll Do:
Compliance review, risk and controls testing, and risk assessments as well as compliance monitoring on regulation updates and implementation
Monthly credit quality reviews
AML/CTF/KYC compliance reviews and monitoring
Incident and breach investigations, follow up and reporting
Compliance and audit investigations, follow up and reporting
Compliance reporting to regulators
Management reporting, including monthly Enterprise Risk reports to Management Committees, Executive Committees and Board
Review and update Enterprise Risk policies, procedures, plans, frameworks, risk appetite statement
Monitor and review specific end user calculators
Training and communication including updating intranet news and forums, face-to-face training, webinars
Regular updating of risk registers, metrics and records in the GRC system
Maintaining the Policies and Procedures repository library
Ad hoc projects, including testing and implementing new processes, controls and systems
What We're Looking For:
Knowledge and understanding of regulatory compliance in financial services and licence obligations in Australia (e.g. ASIC, APRA, AML, CTF, Privacy Act, NCCP).
Ability to develop policies, procedures, plans, frameworks.
Risk management and reporting skills.
Strong analytical, investigative, and critical thinking skills.
Strong communication skills including clear, concise written and oral communication skills.
Advanced Microsoft Office skills (Excel, Word, PowerPoint) and other systems (Promapp).
Competent in using and maintaining GRC system.
Experience working in a risk management and compliance, audit or quality assurance role, ideally within financial services.
Benefits
Working with Australian Military Bank will provide you access to a great range of benefits including:
Staff Banking product + Services discounts
Novated Leasing options
4 weeks Paid Parental + Purchased Leave option
Referral Reward Program
Employee Assistance Program
Annual Flu Shot + Blood Donor Leave
Polo Shirt provided
Service Awards
Why Us
Australian Military Bank forms an integral part of the wider Defence community. We offer our staff competitive remuneration, discounts on banking and insurance products and ongoing learning and development programs. You will be provided with training and coaching on the job to provide you with the tools to be successful in this role. Australian Military Bank provides realistic progression opportunity nationwide and the opportunity to embrace new technologies and ways of working.
Probity check
As we are an Authorised Deposit Taking Institution, there is a requirement to complete the standard range of Credit, Police and Bankruptcy checks prior to commencement of employment.
This is an exciting, challenging position with the opportunity to build your career with a highly trusted mutual bank. We move quickly with our interview process, if you are keen please submit your CV today!
12 month FTC
As Australia’s longest serving Defence financial institution, we have supported those who protect and serve our country for over 65 years. And as a member-owned bank, we are here for our members first, helping them to achieve their financial goals with a range of competitive products and personalised service. In 2024, we were named one of the World’s Best Bank by Forbes and won Canstar’s Consumer Bank of the Year for Everyday Banking.
Your Role:
This position is responsible for the administration and support of the enterprise risk, compliance and assurance activities, and ongoing review and monitoring of the Bank’s risk and compliance frameworks, policies, and procedures. This involves working with staff at all levels across the Bank to identify, analyze, evaluate, treat, and monitor key material and compliance risks.
What You'll Do:
Compliance review, risk and controls testing, and risk assessments as well as compliance monitoring on regulation updates and implementation
Monthly credit quality reviews
AML/CTF/KYC compliance reviews and monitoring
Incident and breach investigations, follow up and reporting
Compliance and audit investigations, follow up and reporting
Compliance reporting to regulators
Management reporting, including monthly Enterprise Risk reports to Management Committees, Executive Committees and Board
Review and update Enterprise Risk policies, procedures, plans, frameworks, risk appetite statement
Monitor and review specific end user calculators
Training and communication including updating intranet news and forums, face-to-face training, webinars
Regular updating of risk registers, metrics and records in the GRC system
Maintaining the Policies and Procedures repository library
Ad hoc projects, including testing and implementing new processes, controls and systems
What We're Looking For:
Knowledge and understanding of regulatory compliance in financial services and licence obligations in Australia (e.g. ASIC, APRA, AML, CTF, Privacy Act, NCCP).
Ability to develop policies, procedures, plans, frameworks.
Risk management and reporting skills.
Strong analytical, investigative, and critical thinking skills.
Strong communication skills including clear, concise written and oral communication skills.
Advanced Microsoft Office skills (Excel, Word, PowerPoint) and other systems (Promapp).
Competent in using and maintaining GRC system.
Experience working in a risk management and compliance, audit or quality assurance role, ideally within financial services.
Benefits
Working with Australian Military Bank will provide you access to a great range of benefits including:
Staff Banking product + Services discounts
Novated Leasing options
4 weeks Paid Parental + Purchased Leave option
Referral Reward Program
Employee Assistance Program
Annual Flu Shot + Blood Donor Leave
Polo Shirt provided
Service Awards
Why Us
Australian Military Bank forms an integral part of the wider Defence community. We offer our staff competitive remuneration, discounts on banking and insurance products and ongoing learning and development programs. You will be provided with training and coaching on the job to provide you with the tools to be successful in this role. Australian Military Bank provides realistic progression opportunity nationwide and the opportunity to embrace new technologies and ways of working.
Probity check
As we are an Authorised Deposit Taking Institution, there is a requirement to complete the standard range of Credit, Police and Bankruptcy checks prior to commencement of employment.
This is an exciting, challenging position with the opportunity to build your career with a highly trusted mutual bank. We move quickly with our interview process, if you are keen please submit your CV today!
💡 Quick Summary
Seeking a career-building opportunity? The Risk and Compliance Officer position is now open for candidates interested in the Bank Jobs sector. This role in Sydney offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
