Risk & Compliance Analyst

Last updated 14 minutes ago
Location:Ballarat
Job Type:Full Time


Introduction
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Your Role and Responsibilities
Risk & Compliance Analyst
  • Permanent position, based in Ballarat
  • Multiple roles available
  • Exciting growth within the Promontory Financial Group an IBM Company

IBM’s greatest invention is the IBMer. We believe that progress is made through progressive thinking, progressive leadership, progressive policy and progressive action.
IBM welcomes, includes, values and respects everyone. We celebrate diversity in all forms. Our culture is rich and intentionally inclusive.
Promontory Financial Group, an IBM Company, is the premier consulting firm for financial services companies worldwide. Promontory Financial Group excels at helping clients resolve critical issues, particularly those with a regulatory dimension. Promontory professionals have unparalleled regulatory experience and insight, and provide our clients with frank, proactive advice informed by best practices and regulatory expectations.
As a member of the Promontory Australasia team at IBM you will contribute to the firm's global efforts to provide clients with solutions to challenging strategic, risk management, and regulatory compliance issues.
Our client base in Australia includes Australia’s largest financial institutions and clients drawn from the public sector. Our growing team of specialists offers Regulatory Liaison Advisory, Remediation, Compliance and Risk Management Advisory and Regulatory Framework Advisory services across Prudential, Conduct and AML/CTF Regulation.
Analysts will engage in compliance reviews, transactional analysis and procedural work in support Promontory’s financial services clients meeting and exceeding regulatory expectations. Analysts are expected to positively contribute to Promontory’s success in a variety of areas related to today’s heightened regulatory climate.
Promontory recruits individuals who possess excellent writing, research, analytical, and critical thinking skills, and other applicable experience that leads to success in the role, such as strong work ethic and natural curiosity. Analysts must be able to judiciously analyze, assess, and write clearly and concisely. The nature of this work requires individuals to be flexible, learn new skills, work within time constraints, and meet uncompromising quality requirements and production expectations while working closely with others in a dynamic team environment.

Key Responsibilities:
  • Perform intermediate to complex analysis that requires knowledge of Anti-Money Laundering (AML) and Know Your Customer (KYC) schemes.
  • Conduct complex alert and case investigations, perform Enhanced Due Diligence (EDD) and draft comprehensive Suspicious Activity Reports (SARs).
  • Apply logic, reasoning, and sound decision-making skills to recommend SAR filings.
  • Ensure work adheres to defined engagement policies and procedures
  • Produce quality work within program standards.
  • Manage work efficiently to meet production goals and project deliverables.
  • Work collaboratively in a team environment.
  • Assist with other responsibilities as needed, such as file assignments, and request for information tracking and routing.
  • May assist in performing quality assurance on Analyst I work product.

What skills will I need?
  • Superior writing skills with the ability to convey ideas clearly, succinctly and efficiently.
  • High competency in written and oral communication; strong interpersonal skills.
  • Ability to work independently; take initiative; and able to adapt to change.
  • Quick learner able to readily understand regulatory compliance, financial concepts and issues, exercise sound judgment and observe the highest degree of confidentiality.
  • Adept at multi-tasking and meeting deadlines in high-pressure environment.
  • Results oriented team player with strong initiative and flexibility.
  • Ability to thrive in a production-based environment.
  • Demonstrated computer software competency, including Microsoft Word and Outlook, is required.
  • Highly proficient in Microsoft Excel, with the ability to perform data manipulation and pivot tables, etc.
  • Travel to client sites may be required.

What experience do I need?
  • Undergraduate degree in Finance, Journalism, Criminal Justice or related field. Masters’ degree or JD a plus.
  • Has a background in banking & finance, 0-1 years of experience
  • Strong analytical, critical thinking and problem-solving abilities and able to decipher high risk attributes (transactional, geographical, product, customer type, etc.)

Sign me up!
If you tick these boxes and are ready to start your next challenge with a career at IBM – click “Apply” today. To find out more, head to www.ibm.com.au/careers



Required Technical and Professional Expertise
As Above


Preferred Technical and Professional Expertise
As Above


About Business Unit
IBM Services is a team of business, strategy and technology consultants that design, build, and run foundational systems and services that is the backbone of the world's economy. IBM Services partners with the world's leading companies in over 170 countries to build smarter businesses by reimagining and reinventing through technology, with its outcome-focused methodologies, industry-leading portfolio and world class research and operations expertise leading to results-driven innovation and enduring excellence.


Your Life @ IBM
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About IBM
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Location Statement
For additional information about location requirements, please discuss with the recruiter following submission of your application.


Being You @ IBM
IBM is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other characteristics. IBM is also committed to compliance with all fair employment practices regarding citizenship and immigration status.