AML Compliance Lead

📋 Description

• • Zeller is on a mission to empower businesses of all sizes by revolutionizing business banking and payments. As a rapidly expanding Australian scale-up, we are dedicated to creating a level playing field, ensuring every business has access to intelligent payment and financial service solutions that enhance cash flow, expedite payments, and provide deeper financial insights. We are actively developing the tools to achieve this vision.
• • Backed by prominent venture capitalists and comprised of a diverse, global team of passionate professionals from the payments and technology sectors, Zeller is experiencing significant growth. With an ambitious product roadmap and exciting new innovations on the horizon, we are cultivating a supportive, high-performing team committed to disrupting the traditional banking landscape. If you are driven by innovation, thrive in dynamic settings, embrace novel opportunities, detest bureaucracy, and are energized by the prospect of challenging the status quo, Zeller is the place for you.
• • As the AML Compliance Lead, you will assume a critical position in shaping and implementing our Anti-Money Laundering (AML) compliance strategy and its execution as we continue to scale. This role offers exposure to state-of-the-art financial crime technology, leadership across multiple compliance domains, and the opportunity to drive impactful projects.
• • This is a hands-on role requiring the ability to not only define strategy but also to conduct in-depth analysis and investigations. You will be instrumental in identifying operational model enhancements and prioritizing a program of work designed to deliver substantial benefits to the business and strengthen its control environment. You will excel in a fast-paced setting that prioritizes tangible results over mere formality, embracing the challenge of scaling our capabilities through innovative methods, including smart process design and the utilization of AI and Machine Learning tools.
• • As an integral part of a fast-growing scale-up, you are expected to lead by example. This involves not only guiding our AML strategy but also actively participating in its execution, serving as a core member of both our onshore and offshore teams.
• • Your profound expertise in AML/CTF (Anti-Money Laundering/Counter-Terrorism Financing) compliance will establish you as a pivotal figure within our organization and a key decision-maker within the Compliance team and across the broader business.
• • Key responsibilities will include developing, implementing, and maintaining Zeller's comprehensive AML/CTF program, ensuring adherence to all relevant Australian legislation and regulatory requirements (e.g., the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and associated Rules). You will be responsible for conducting risk assessments to identify and mitigate potential money laundering and terrorism financing risks specific to Zeller's products and services.
• • This role involves overseeing the development and execution of customer due diligence (CDD) and enhanced due diligence (EDD) processes, ensuring robust Know Your Customer (KYC) procedures are in place and effectively managed. You will also be tasked with establishing and managing suspicious matter reporting (SMR) frameworks, including the investigation and reporting of suspicious activities to AUSTRAC.
• • Furthermore, you will lead the design and delivery of AML/CTF training programs for relevant staff, fostering a strong culture of compliance throughout the organization. You will manage relationships with regulatory bodies, including AUSTRAC, and ensure timely and accurate responses to inquiries and audits. The role requires staying abreast of evolving regulatory landscapes, emerging financial crime typologies, and technological advancements in AML compliance, translating these insights into actionable strategies.
• • You will collaborate closely with Product, Engineering, and Operations teams to embed compliance requirements into product development and operational processes, ensuring a proactive and integrated approach to financial crime prevention. This includes contributing to the development and enhancement of automated compliance solutions and leveraging data analytics to monitor and detect suspicious activities.
• • The AML Compliance Lead will also be responsible for managing and mentoring junior compliance staff, fostering their professional development and ensuring the effective functioning of the compliance team. You will contribute to the continuous improvement of Zeller's compliance policies, procedures, and controls, driving efficiency and effectiveness in our financial crime prevention efforts. This role is crucial in safeguarding Zeller's reputation and ensuring its continued growth and success in a regulated financial services environment.