Job Description
The Compliance Operations Analyst is responsible for preparing and submitting Suspicious Matter Reports (SMRs) and Suspicious Activity Reports (SARs) to AUSTRAC and the Financial Intelligence Unit (FIU) in a timely and accurate manner. This role acts on escalations from Level 1 and Level 2 global compliance teams, ensuring all reports meet regulatory requirements and internal standards.
Responsibilities
- Review and analyze escalated cases from L1/L2 global teams to determine reportability.
- Prepare detailed and compliant SMRs/SARs for submission to AUSTRAC and FIU.
- Ensure all reports are accurate, complete, and submitted within regulatory deadlines.
- Maintain records and documentation related to SMR/SAR filings.
- Collaborate with global compliance teams to clarify case details and gather necessary information.
- Support audit and regulatory requests related to suspicious matter reporting.
- Continuously update knowledge of relevant AML/CTF regulations and reporting requirements.
Requirements
- Experience in AML compliance, preferably with suspicious matter reporting.
- Strong attention to detail and analytical skills.
- Good understanding of AUSTRAC and FIU reporting obligations.
- Effective communication and collaboration skills.
- Ability to work under tight deadlines and manage multiple cases simultaneously.