Financial Crime & Business Acceptance Analysts - Two new roles to the firm

King & Wood Mallesons is hiring two Financial Crime & Business Acceptance Analysts in Sydney or Brisbane. These roles involve preventing and mitigating financial crimes, ensuring compliance with AML and CTF regulations, and conducting risk assessments. The positions are part of the expanding Global Business Acceptance Team, contributing to governance and compliance efforts. Candidates should have relevant experience and be ready to support the firm's financial crime program.
• Financial Crime Senior Analyst level role and Analyst level - Points of difference will be your depth of experience and assigned complexity of work – What will be consistent is the opportunity to be involved from the ground up during a pivotal time
• Flexibility to be Sydney or Brisbane based
• This is an exciting time to be part of the growth of our Financial Crime program. You will be part of the change journey where we continue to improve, enhance and explore, including Gen AI optimisation.

Are you ready to elevate your career? We are launching a series of exciting new roles within our Global Business Acceptance Team (GBAT) to strengthen our commitment to excellence in practice, compliance and governance. These roles are designed to maintain leading compliance practices, while strengthening our commitment our clients, people and communities.

We are looking for 2 experienced Financial Crime Analysts to join our new and expanding Financial Crime team within our Global Business Acceptance Team (GBAT) within Risk Management.

Who are we?

A firm born in Asia, underpinned by world class capability.

With over 3700 lawyers in 27 global locations, we help our clients manage their risk and enable their growth. Our full-service offering combines un-matched top tier local capability complemented with an international platform.

We have deep roots in Australia spanning almost 200 years and acknowledge Aboriginal and Torres Strait Islander peoples as the traditional owners and custodians of these lands and waters.

Role Detail

Our Global Business Acceptance Team (GBAT) GBAT is growing as our AML/CTF and Financial Crime program expands, and as we embark on a Strategic Program to optimise the firm’s governance, global business acceptance and engagement risk & compliance policies, processes, systems and controls (governance framework).

Reporting to the Brisbane based Head of Financial Crime, these 2 new positions will be responsible for playing key roles in preventing, detecting, and mitigating financial crimes within the Firm.

Senior Analyst:

You will play a crucial role in preventing and mitigating financial crimes, ensuring the Firm’s compliance with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. You will lead client and matter risk assessments and due diligence as part of the Firm’s New Business Intake (NBI) and throughout the client lifecycle. Additionally, you will advise on managing financial crime, regulatory, and reputational risks related to employee and procurement compliance. The role involves close collaboration with compliance, legal, and practice teams to address financial crime risks and regulatory issues. You will also investigate potential financial crimes such as money laundering, fraud, and bribery, while providing expertise to enhance the Firm’s global NBI systems and financial crime compliance framework.

Analyst:

You will collaborate with subject-matter experts to help the Firm comply with Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and financial crime regulations. Your responsibilities include managing risks from the Firm’s New Business Intake (NBI) and throughout the client lifecycle, as well as supporting compliance related to employees and procurement. You'll conduct client and matter due diligence checks to ensure AML, CTF, and sanctions compliance, and help identify and manage regulatory, reputational, and strategic risks. Additionally, you will support efforts to enhance the Firm’s global NBI systems, processes, and governance related to financial crime compliance.

About You

You will be logical by nature, and pragmatic by approach. Being new roles to the firm, you will align to our guiding principles of betterment, quality and clarity and be excited about the opportunity to contribute. Working collaboratively with the Head of Financial Crime you will be valued, respected and included.

With an excellence without arrogance, both roles will need:
• Previous experience in a Client Due Diligence role (2-3+ years for the senior level)
• Ability to work well under pressure and to tight deadlines in a demanding environment
• Ability to maintain high levels of accuracy and attention to detail
• Good communication skills capable of dealing with wide range of stakeholders
• Ability to solve problems effectively
• Strong communication and interpersonal skills.
• Ability to work independently and lead a small team.
• Good organisational skills and attention to detail.
• Proficient user of MS Word, Excel and Access.
• Enthusiastic, positive and resilient
• Ability to work autonomously and as part of a team
• Relevant professional certification from ACAMS, ICA or other
• A bachelor's degree in law, finance or business administration
• Previous experience within a regulatory or professional services environment in the world of AML alongside the practical application of AML legislation will be looked on favourable

Senior Analyst differentiator:
• A high level of experience relating to onboarding and periodic reviews of corporate clients.
• Strong knowledge of anti-money laundering (AML) and counter-terrorist financing (CTF) regulations in Australia, Singapore and Hong Kong.
• Accustomed to creating and updating procedures relating to client onboarding and periodic reviews.
• Proficiency in using financial crime detection tools and software.
• Have a good understanding of red flags in a professional services environment.
• Ability to communicate (spoken and written) in Mandarin and Cantonese will be looked on favourably

Next Steps

Please click ‘Apply Now’ to apply online with your cover letter summarising why you’re applying and your resume to support your experience.

Applications close COB Friday 7th March 2025.

If you have any questions or need any further information, please don’t hesitate to reach out to Bridget on 02) 9296 3563.

If you are not an Australian citizen or permanent resident, you must hold all visas and other approvals necessary for you to work for the firm in Australia.

Why work with us?

We promote a collaborative culture where people feel respected, valued and supported both personally and professionally, and where diversity and inclusion also play an important role in enhancing our knowledge, driving innovative solutions for our clients and creating positive social impact.

We live by our Principles, and strive for mastery in all that we do. We take pride in the high quality work we deliver. Working with colleagues and clients who are leaders in their fields, means the ability to explore new paths to progress with continual learning and development, career and leadership opportunities.

As part of the KWM community you’ll have access to a suite of wellbeing initiatives, benefits, policies and processes, to enable you to achieve your career goals.

At KWM, we’ll provide you with the platform to Learn, Master, Lead.