Mars Recruitment is proudly partnering with a leading financial institution in search of a KYC/AML Officer for a 12-months fixed-term contract as part of their Sydney team.

This role will play a critical role in ensuring compliance with regulatory requirements and mitigating risks related to KYC/CDD within the business. This role demands a proactive individual with strong analytical skills and a deep understanding of AML/KYC principles.

Key Responsibilities:

• Conduct thorough screening of vendors and clients for KYC on-boarding, updates, and ongoing Customer Due Diligence (CDD).
• Implement and review screening procedures to ensure compliance with internal policies, KYC, and AML regulations.
• Identify and escalate potential risks or matches for further investigation.
• Analyse screening results against watchlists, sanctions lists, and adverse media.
• Collaborate with Front Office and Compliance departments to address screening requirements and client structures.
• Adhere to established screening, AML/KYC, and CDD procedures set by the Compliance Department.
• Assist in updating and refining policy documents and training materials as needed.
• Ensure all AML/KYC files meet regulatory standards and undergo periodic reviews.
• Stay updated on regulatory changes and communicate implications to stakeholders.
• Implement global and regional standards across screening, AML, sanctions, and blacklists.
• Uphold a culture of risk awareness and compliance within the organisation.

Key Requirements:

• 1-2 years of experience in performing screening checks, AML/KYC, and CDD within Corporate and/or Instituational banking.
• Experience onboarding new institutional banking clients and completing ongoing due diligence on existing clients.
• Proficiency in computer applications (Word, Excel, PowerPoint) and client screening tools.
• Strong problem-solving skills with a commercial mindset.
• Ability to work independently and as part of a multicultural team.
• Attention to detail, confidentiality, and accountability.

If this matches your experience, apply or reach out directly to angela.stephan@marsrecruitment.com.au

Please note that only successful candidates will be contacted.