Operations Governance Analyst

Netwealth Group Limited•Melbourne, FL

49d•Hybrid

About The Position

Netwealth is more than a company; it is a catalyst for change, inspiring a new perspective on wealth and a brighter future for everyone involved. Our innovative and award-winning wealth management platform reflects our commitment to excellence and cutting-edge technology. Founded in 1999, Netwealth has grown rapidly, driven by an entrepreneurial spirit that encourages us to challenge the status quo. Our NextGen superannuation and investment technology exemplify our agile and nimble approach, unburdened by bureaucracy, allowing us to adapt quickly to meet the needs of our clients. At Netwealth, our team is our greatest asset. We are a collective of passionate individuals dedicated to making life better for more Australians. Our values-Curious, Optimistic, Courageous, Collaborative, Agile, and Genuine-are the guiding principles that shape our decisions and define how we present ourselves to the world. Join us in our mission and become part of a team that not only envisions a better future but actively works to create it. Due to internal progression, we are seeking an experienced Operations Governance Analyst to join the team on a 12 month contract with the opportunity to extend or become permanent for the right candidate! As a key member of the Service, Administration & Support Administration team, the Operations Governance Analyst is responsible for supporting the Head of Operations Governance and providing support relating to daily functions of the Operational Governance Division. This role is primarily focused on carrying out the tasks relating to transaction monitoring, reporting and due diligence as specified within Netwealth's AML-CTF Program. In addition, the incumbent will work on projects and deliverables relating to Netwealth's compliance with legislative and business requirements, including AML-CTF, KYC, fraud, privacy, incident management and remediation within Protecht as well as implementation of SAS strategic goals.

Requirements

You have 5+ years of experience in risk/compliance, administration, project implementation, or a related role within the financial services sector.
You have sound knowledge of financial regulations and compliance requirements.
You have a solid understanding of AML-CTF regulations.
You have demonstrated experience with transaction monitoring systems and data analysis tools.

Nice To Haves

Relevant experience in compliance or financial crime investigation is preferred.

Responsibilities

Benchmarking case maintenance and identify areas for efficiency and process improvement.
Assess transaction patterns and identify potential issues indicating suspicious activity and investigate complex transactions and customer relationships to determine potential money laundering risks.
Conduct detailed investigations by reviewing customer documentation, transaction history and other relevant data sources.
Review and analyse daily transaction alerts generated by the internal transaction monitoring system.
Assist in developing and implementing new transaction monitoring rules based on emerging typologies and regulatory updates.
Ensure timely lodgement of all compliance issues and incidents relating to fraud, privacy and processes.
Interact and facilitate key relationships with internal stakeholders to ensure the SAS Operational Governance Division interacts effectively with other departments within Netwealth, such as Sales, Investment Operations, Product, IT and Risk & Compliance.

Benefits

We're committed to your growth, offering access to further education, diverse training opportunities, and strong support for career development. We're proud to be recognised as one of the top 5 companies in Australia for Career Development, endorsed by WORK180.
We're big on internal mobility. In fact, 32% of roles filled in 2023 went to our own people.
Our flexible hybrid working model encourages balance, with the expectation of 4 days in the office each fortnight. Our state-of-the-art Melbourne CBD office includes modern end-of-trip facilities and daily breakfast to support your commute and wellbeing.
Family-friendly support: Paid parental leave and a fully funded school holiday program
Wellness perks: CU Health (virtual healthcare), income protection, flu shots, wellness weeks, retail discounts, and financial wellbeing services
A vibrant culture: Social events, trivia nights, and corporate sports
Employee Resource Groups: LGBTQIA+, DAWN (Developing and Accelerating Women at Netwealth), Culture Group, and Carers Group
Community impact: Paid volunteering and our Netwealth Impact Group

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