Job Head of Compliance & MLRO. Remote, The Rocks

Do you want to play a pivotal role in one of the most vibrant financial markets globally? Are you excited about the chance to influence the future of payments in Australia and lead the way in innovation and growth? If so, we have an exceptional opportunity for you!

Banking Circle is a fintech, bank, and fun all in one. We are on a journey to become payment pioneers. Every day up to 2 million payments run through our platform. We work closely with central banks and clients worldwide to constantly improve our payment flows. Banking Circle was founded less than 10 years ago, and today we are a fully licensed bank with 700 colleagues in 8 countries. We are still growing rapidly, and we invite you to join us and experience a fun and international workplace, where people prefer to come to the office rather than work from home.

Your team welcomes you with open arms
As our new Head of Compliance & MLRO you’ll experience an open and knowledge driven culture, where everyone can thrive, connect with colleagues, learn and grow. Here you will be empowered to make an impact every day.

You will play a crucial role in the expansion of our bank’s strategy in the Australian market, ensuring compliance with all relevant compliance and anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. You will be conducting regular Compliance Risk Assessments and verification of BC Payment’s adherence to Australia related compliance policies, procedures and rules. You will report functionally to the APAC Head of Compliance & MLRO and to the General Manager of Australia and work closely with the first line Business AML operations team, to review, assess and resolve escalations on customers and transactions.

Exciting work is waiting for you

• Identification of the main laws, rules and standards to which BC Payments Australia is subject.
• Identification and assessment of the compliance risk associated with BC Payments Australia’s expansion.
• Develop, implement, and maintain Compliance & AML/CTF policies and procedures for Australia.
• Serve as the point of contact with the regulators and manage regulatory reporting and filings.
• Act as the main contact for AML/CTF inquiries and investigations, and report suspicious activities to authorities and keep detailed records.
• Report on Australia Compliance & AML/CTF to senior management, compliance risk committees and the board as necessary.
• Lead the roll out and ongoing management of Australia specific Compliance & AML/CFT Trainings.

Things we’ll look for on your resume
To be the ideal candidate for this position, you should have at least 8 years of experience in Compliance and AML/CTF, preferably within the banking and/or cross-border payments sector. Professional certifications such as CAMS or CFCS are highly desirable.
You must possess in-depth knowledge of Banking/Fintech/Payments & AML/CTF laws & regulations, and local compliance guidelines. You have the ability to interpret complex regulatory requirements and being able to implement and deliver solutions.

As a person you are a strategic thinker with strong leadership skills together with analytical and problem-solving skills. Excellent communication and interpersonal skills are necessary to interact effectively with all levels of the organization and external stakeholders. You are a strong team player who thrives in a fast-paced and dynamic environment.

Banking Circle is an international company. Our internal workforce consists of over 50 nationalities, and our clients and partners are located all over the globe. Therefore, our company language is English.

Go ahead and take the first step
We look forward to hearing from you. We review applications and interview candidates continuously. Please note that we don’t accept or consider CVs received through email or direct messages.

If you have questions, please reach out to Ellen Aastrup Lentz, Global Recruitment Partner on Write to the company No recruitment agencies, please.

We are proud to be an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, colour, age, religion, sexual orientation, national origin or any other characteristic protected under federal, state or local laws, regulations and ordinances. To learn more about Banking Circle, visit is at https://www.bankingcircle.com.

Department:

Lokation: Sydney (AUS)