Head of Financial Crimes Compliance, AMLCO

Head of Financial Crimes Compliance, AMLCO Join the Head of Financial Crimes Compliance, AMLCO role at MUFG Pension & Market Services . Overview The Head of Financial Crime Compliance Australia is responsible for leading Australia’s Financial Crime Compliance (FCC) framework, ensuring robust governance and operational effectiveness across Anti‑Money Laundering (AML), Counter‑Terrorism Financing (CTF), Sanctions, Anti‑Bribery & Corruption (ABC), and Fraud. This role ensures compliance with regulatory obligations, mitigates financial crime risks, and maintains strong engagement with AUSTRAC and other relevant authorities. Key Accountabilities and Main Responsibilities Strategic Focus Lead the development, implementation, and maintenance of the Financial Crime Compliance framework in Australia. Promote deeper understanding of financial crime risks and embed a culture of compliance across the organisation. Work with various stakeholders to contribute to future state technology roadmap, including how to leverage existing technology to detect and mitigate financial crime and drive vendor alignment across jurisdictions. Contribute to initiatives for the continuous improvement of AML policies and procedures to enhance effectiveness and efficiency. Operational Management Oversee day‑to‑day compliance with the AML/CTF Act, Rules, and Regulations. Ensure effective operation of AML/CTF, Sanctions, ABC, and Fraud policies and controls. Oversee AUSTRAC reporting obligations, including SMRs and the Annual Compliance Report. Manage AUSTRAC enrolment and ensure timely updates of business details. Oversee the implementation and ongoing effectiveness of Customer Due Diligence (CDD) processes, including KYC, risk assessment, ECDD for high‑risk customers, PEPs, and complex structures, periodic profile reviews, and compliance with regulatory standards. Oversee transaction and behavioural monitoring systems; draft, maintain, and regularly update AML/CTF policies and procedures. Ensure policies reflect current AUSTRAC expectations and emerging typologies; ensure compliance with domestic and international sanctions regimes. Oversee screening processes for customers, transactions, and counterparties; respond to sanctions alerts and coordinate investigations and reporting. Conduct enterprise‑wide sanction risk assessments; develop and maintain ABC policies; investigate and report potential bribery or corruption incidents. Promote a culture of integrity and ethical conduct across the organisation; oversee fraud prevention, detection, and response strategies; coordinate investigations into suspected fraud incidents. Provide expert financial crime compliance advice and guidance to internal stakeholders; act as a trusted advisor to business units on AML/CTF, sanctions, ABC, and fraud‑related matters. Interpret and communicate regulatory obligations and AUSTRAC guidance; support new product development; promote awareness through training and workshops. People Leadership Provide strategic and operational leadership to the Financial Crime Compliance team, fostering a high‑performance culture and professional development. Lead, mentor, and develop a team of financial crime compliance professionals across AML/CTF, sanctions, ABC, and fraud. Set clear objectives, performance standards, and development plans aligned with business and regulatory priorities. Promote collaboration, accountability, and continuous learning; support succession planning and capability uplift through coaching, training, and external engagement. Champion diversity, inclusion, and psychological safety across the compliance function. Ensure team resourcing and structure are fit‑for‑purpose to meet evolving regulatory and business needs. Risk & Governance Provide regular reporting to the General Manager Financial Crime, the Board and Senior Management on financial crime risks, compliance status, and mitigation strategies. Ensure independent reviews of the AML/CTF Program and other financial crime controls are conducted and reported to the governing body. Act as the designated AML Compliance Officer (AMLCO)/Money Laundering Reporting Officer (MLRO); conduct and maintain ML/TF risk assessments. Ensure AML/CTF policies manage identified risks and reflect current regulatory requirements; act as the primary liaison with AUSTRAC and other regulators. Respond to compliance audits, regulatory inquiries, and feedback; monitor regulatory developments and ensure alignment with industry best practices. Ensure the effectiveness and integrity of the financial crime compliance framework through structured assurance and QA activities, including a risk‑based assurance plan, control testing, thematic reviews, and quality assurance reviews of key compliance processes. Identify and escalate control gaps, process deficiencies, or non‑compliance issues, oversee remediation activities, and provide assurance reporting to senior management and the Board. Collaborate with internal audit and second‑line risk teams to ensure alignment and coverage of financial crime risks. Monitor and validate the implementation of corrective actions and continuous improvement initiatives. Experience & Personal Attributes Qualified or 3+ years experience as AMLCO/MLRO, Deputy AMLCO/MLRO or Head of Financial Crime Compliance. 8+ years in Financial Crime Compliance roles. Proven contemporary Financial Crime experience and understanding of AML/CTF legislation, preferably within financial services or the regulator. Ability to engage all levels of stakeholders within the different businesses. Proven experience in AML/CTF program and policy writing, with excellent attention to detail and legislative interpretation. Highly developed negotiation, influential and relationship‑management skills. Strong analytical, problem‑solving, and informed decision‑making capability. Proven leadership and influencing skills. Excellent written and oral communication, negotiation, and time‑management skills. Advanced risk maturity, including operational risk management frameworks, regulatory compliance and procedures, and brand reputation. Fit and Proper Assessment Competence, judgment, and integrity to perform the role. No convictions for serious offences or adverse findings by regulatory bodies. No history of serious misconduct, bankruptcy, or conflicts of interest affecting independence. #J-18808-Ljbffr