Senior AML Compliance & Operations Officer chez Latitudefinancial

At Latitude, we make it possible – for our customers, our communities, and our people. We believe in creating opportunities that truly matter, helping you thrive both professionally and personally. That’s why we offer benefits that make a real difference in your life.

We make it possible…

• to spend more time with your loved ones – with an extra week of paid leave each year through our Take 5 initiative.

• to balance work and life – with a hybrid working model, giving you the flexibility to work from home while connecting in the office just two days a week or work remote for certain roles.

• to put your wellbeing first – with Sonder, a 24/7 support app for mental and physical wellness.

• to access great financial benefits – with discounts on Latitude products and services.
   

The purpose of this role is to Lead Latitude’s AML/CTF compliance in Australia — driving regulatory strategy, ensuring financial crime obligations are met, and safeguarding trust through strong compliance leadership.
 

Reporting to the GM Enterprise & Operational Risk and Compliance you will be responsible for managing the Financial Crime Framework including related activities, goals and strategy. The position requires extensive interaction with key internal and external stakeholders such as AUSTRAC and Vendors providing AML related support. 

Let’s look at some key responsibilities:

• Design, implement and maintain Latitude’s AML/CTF framework, policy/program and risk assessment to facilitate effective and ongoing compliance and ensure financial crime risks are identified and appropriately managed

• Develop and implement a monitoring and oversight program

• Advice on how to comply with financial crime-related regulatory obligations and the design of effective controls

• Provide advice on regulatory reforms, lead with the preparation of submissions to government, regulators and industry lobby groups on proposed regulatory reform, and drive implementation of any required changes

• Represent Latitude at relevant regulator and industry meetings and workshops

• Provide support on financial crime compliance-related incidents

• Provide subject matter expertise and support to key projects including new product initiatives and enhancements

• Prepare insights and reporting to Senior Management and the Board

• Direct and regular engagement with and support to the AML Operations Team to ensure customer screening, transaction monitoring, suspicious matter investigation and reporting, and Enhanced and Ongoing Customer Due Diligence processes and controls are operationally effective

• Drive business-wide AML/CTF Risk Awareness training

• Liaise and collaborate with New Zealand Compliance to ensure the NZ AML Program is appropriate and operationally effective

• Manage Latitude’s Modern Slavery obligations
   

Ideally, we're looking for the following: 

• 7+ Years in financial crime compliance

• Preferably an AML/CTF Compliance Officer, or someone with the required level of seniority/skill required as per AU AML/CTF Reforms

• Experience working in financial services preferred, including a robust understanding of the three lines of defence

• Experience in design and implementation of Compliance Programs and performing ML/TF Risk Assessments

• Experience working with Boards/Senior Management

• Experience working with AUSTRAC

• Excellent understanding of all relevant legislative instruments

• Demonstrated delivery and operationalisation of compliance requirements

• Excellent oral and written communication skills

• Strong organisational ability and attention to detail

• Strong stakeholder management and proven ability to influence and negotiate with senior leaders, including Boards

We are driving an environment and experience that is open, authentic, inclusive, energetic, progressive and innovative. If you are comfortable in a fast moving and changing environment and operating with levels of ambiguity…we would love to chat with you.

Latitude offers a flexible working environment. We support a safe, healthy, engaging, and productive working environment for all employees and workers, whether that be in your home, the office or a combination of both.

We're Latitude, partners in money.

Latitude may seem like the new kid on the block, but it's taken us almost a hundred years to become an overnight success.

Digital payments, cards, loans, and insurance is what we offer - but what we really are is a platform that helps people shop and live better.

Always living and breathing our values. Take Ownership, Pursue Excellence, Win Together, Create Tomorrow.

We're not engaging any recruitment agencies for this role, so if you're interested. Please apply directly!

Successful applicants will be required to complete a background check (including criminal history and bankruptcy check) prior to commencement of employment.

Only open to Australian or New Zealand Permanent Residents or Citizens.