Risk and Compliance Lead - AML/CTF

Allens is seeking a Risk and Compliance Lead - AML/CTF in Sydney, responsible for overseeing compliance activities related to AML/CTF regulations. The role includes managing a compliance team, reporting to senior management, and providing training. Candidates should have strong AML knowledge and experience in compliance management. The position offers hybrid working options with flexibility, alongside opportunities for professional development and competitive benefits.
Your role

At Allens, our business teams are specialists in their field, using their unique knowledge and expertise to solve critical client and business challenges.

With the recent passing of the Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2024 (AML/CTF) there are now expanded compliance requirements for law firms. Generally, this involves ensuring, and reporting on, the Firms compliance with AML/CTF obligations. This is where you come in!

You'll be a part of our Risk and Compliance team based in Sydney or Melbourne and report to our Chief Financial Officer (CFO). As the Risk and Compliance Lead - AML/CTF, you will act as Allens' Compliance Officer as defined in the relevant AML/CTF legislation and ensuing rules and guidance.

As a Risk and Compliance Lead you will:
• Manage and oversee AML/CTF compliance activities.
• Develop and implement AML/CTF programs.
• Report to senior management on AML/CTF risks and controls.
• Ensure adherence to AML/CTF regulations and guidelines.
• Provide advice and strategic direction in designing and continuously improving AML/CTF compliance activities.
• Manage a team responsible for client-related compliance tasks.
• Engage with key client relationships and external stakeholders, including AUSTRAC, external auditors, and industry peers.
• Provide training and support to Partners and staff on AML/CTF and compliance matters.

This is a permanent, full-time opportunity. Hybrid working (60% in the office) is how we work however flexibility matters at Allens, so if you are seeking hybrid working or are looking for flexibility in your work, we would be happy to discuss what arrangements would work best for you.

About You

You will have:
• Strong knowledge of AML regulations and compliance requirements, including an understanding of the latest legislative changes.
• Experience managing AML compliance activities in Australia or similar regulatory regimes overseas.
• Proven track record of managing effective compliance activities in large organisations.
• Experience working with AML-related platforms and systems.
• A history of performing complex risk assessments and understanding resulting required controls.
• Strong analytical skills and ability to interpret complex regulations.
• Proactive interest in cultivating a culture of risk and compliance.
• Ability to communicate complex issues clearly to executive and Board audiences.
• Experience influencing diverse groups through presentations and documents.
• A desire to learn, grow, network, mentor others.

Your development

In joining Allens, you will receive unparalleled learning and development opportunities. You will be challenged, supported and guided as you learn and develop, and will be encouraged to grow. We foster greatness, and will coach and support you to meet your goals and aspirations.

Our unique Career Deal allows you to take control of your career and provides a transparent approach to career development. Our international alliance with Linklaters means we are able to support secondments all over the world.

Our perks

Our benefits include:
• Financial: market competitive fixed remuneration, employee recruitment referral program, discounts at hundreds of suppliers including health and travel insurance and retail outlets. Allens also provides a charity matched funding program.
• Health and wellbeing: fully subsidised gym memberships, annual flu vaccinations, skin checks, in-house snacks and catered meals, subsidised sporting and social activities, Employee Assistance Program including confidential counselling, wellbeing coaching and financial coaching for employees and their families and regular wellbeing sessions with our in-house consulting Psychologist.
• Flexibility: hybrid and flexible working arrangements to support you in your work and life commitments and passions.
• Leave: ability to purchase additional annual leave, access to an enhanced, inclusive and flexible parental leave policy – 26 weeks paid parental leave with no minimum service for permanent employees and high quality executive coaching to support the transition.
• Recognition: team based recognition including social activities and contribution based recognition activities, and annual Allens Values Awards to nominate and recognise the incredible contributions of our people.

Allens is also proud to invest in our communities, giving you the opportunity to make a difference through our work on reconciliation, the environment and other social justice issues as well as our workplace giving and volunteering programs.

How to apply?

We'd love to hear from you so please click "apply now"! If you would like to find out more, please visit "This is Allens" or listen to our Allens Confidential podcast to hear real stories from real people about life at Allens. Alternatively, for a confidential discussion, please phone Olivia Newport, Talent Acquisition Consultant on +61 2 9230 5848.

At Allens, our culture is made up of unique backgrounds and varying life experiences. We celebrate our people's differences across gender and gender identity, sexual orientation, age, ability, cultural backgrounds, First Nations communities, and family and caring arrangements. If you require adjustments to fully participate in our application process, please contact us at careers@allens.com.au. We encourage applicants from all backgrounds, so if you're excited about this role but your past experience doesn't align, please express your interest by emailing us at careers@allens.com.au. The right role for you might be just around the corner!